Largest lenders in Grundy County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Veridian Credit Union | B | 104 | 70 | 7.7% | 6.49% |
| 2 | GREENSTATE Credit Union | B | 87 | 80 | 3.5% | 6.63% |
| 3 | Peoples Savings Bank | – | 31 | 28 | 3.2% | — |
| 4 | Gnb Bank | B | 23 | 19 | 4.4% | — |
| 5 | MidWestOne Bank | A | 19 | 15 | 5.3% | 5.99% |
| 6 | Green Belt Bank & Trust | – | 17 | 17 | 0.0% | — |
| 7 | Empeople Credit Union | C | 17 | 9 | 23.5% | 6.49% |
| 8 | Rocket Mortgage | C | 15 | 14 | 6.7% | 6.63% |
| 9 | Cedar Falls Community Credit Union | A | 13 | 11 | 15.4% | 7.00% |
| 10 | Dupaco Community | A | 11 | 7 | 27.3% | 7.25% |
| 11 | Iowa Bankers Mortgage | B | 10 | 8 | 10.0% | 6.56% |
| 12 | MEMBERS1st Community Credit Union | B | 10 | 10 | 0.0% | 6.77% |
| 13 | Mortgage Research Center | C | 9 | 7 | 11.1% | 6.25% |
| 14 | Farmers State Bank | B | 8 | 5 | 0.0% | 6.63% |
| 15 | Fidelity Bank & Trust | A | 6 | 3 | 0.0% | 5.24% |
| 16 | Newrez | D | 6 | 0 | 0.0% | — |
| 17 | AmeriSave Mortgage | D | 5 | 2 | 40.0% | 9.25% |
| 18 | Bankers' Bank | C | 5 | 2 | 0.0% | 6.44% |
| 19 | Guild Mortgage | A | 5 | 4 | 0.0% | 7.06% |
Best approval odds in Grundy County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | GREENSTATE Credit Union | 85 | 3.5% |
| 2 | Veridian Credit Union | 79 | 10.1% |
What Grundy County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Grundy County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 472 | 341 | 10.0% | 6.75% | $95,000 |
| 2024 | 446 | 350 | 10.3% | 6.88% | $85,000 |
| 2025 | 496 | 369 | 8.9% | 6.63% | $105,000 |
Frequently asked questions
8.9% of applications in Grundy County were denied in 2025, against 12.9% statewide in Iowa.
Veridian Credit Union, with 104 applications in 2025 and a denial rate of 7.7%.
The median mortgage application in Grundy County in 2025 was for $105,000; the median property value on originated loans was $235,000.