Hamilton County, Iowa · 2025

Mortgage lenders in Hamilton County, IA: denial rates and top lenders (2025)

82 lenders acted on 347 mortgage applications for properties in Hamilton County in 2025. 16.1% were denied (Iowa: 12.9%). Median rate on closed loans 6.50%; median loan $125,000; median property value $195,000.

347Applications
16.1%Denial ratestate 12.9%
6.50%Median ratestate 6.50%
$125,000Median loan
$195,000Median property value

Largest lenders in Hamilton County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 GREENSTATE Credit Union B 3021 16.7%6.49%
2 Availa Bank C 2924 6.9%
3 Veridian Credit Union B 1816 0.0%6.56%
4 Iowa Bankers Mortgage B 1814 16.7%6.50%
5 Rocket Mortgage C 177 41.2%5.99%
6 Freedom Mortgage B 113 18.2%6.13%
7 Community Choice Credit Union B 118 27.3%5.99%
8 Broker Solutions D 108 20.0%7.25%
9 Mortgage Research Center C 106 20.0%6.63%
10 Greater Iowa Credit Union D 109 10.0%6.74%
11 Farm Credit Mid-America D 92 55.6%7.06%
12 USAA Federal Savings Bank C 71 57.1%6.13%
13 U.S. Bank D 72 42.9%6.79%
14 Cardinal Financial Company, Limited Partnership B 65 16.7%7.25%
15 Exchange State Bank 66 0.0%
16 Reliance State Bank 65 0.0%
17 RIVER VALLEY Credit Union 55 0.0%
18 Guild Mortgage A 53 0.0%6.63%
19 Land Home Financial Services C 53 0.0%6.38%
20 Gnb Bank B 55 0.0%
21 Visionbank of Iowa 54 0.0%

What Hamilton County borrowers applied for

By loan purpose

Home purchase 162 47% · 11.7% denied
Refinance 62 18% · 14.5% denied
Cash-out refinance 58 17% · 20.7% denied
Home improvement 31 9% · 29.0% denied
Other / HELOC 34 10% · 20.6% denied

By loan type

Conventional 266 77% · 12.8% denied
FHA 48 14% · 29.2% denied
VA 31 9% · 25.8% denied
USDA / RHS 2 1% · 0.0% denied

Why applications were denied

Credit history 19 36%
Collateral 11 21%
Debt-to-income ratio 10 19%
Incomplete application 9 17%
Unverifiable information 2 4%
Other 2 4%

Hamilton County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202331019716.1%6.88%$115,000
202428317516.6%6.75%$115,000
202534723016.1%6.50%$125,000

Frequently asked questions

16.1% of applications in Hamilton County were denied in 2025, against 12.9% statewide in Iowa.

GREENSTATE Credit Union, with 30 applications in 2025 and a denial rate of 16.7%.

The median mortgage application in Hamilton County in 2025 was for $125,000; the median property value on originated loans was $195,000.