Largest lenders in Iowa County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | GREENSTATE Credit Union | B | 190 | 159 | 3.2% | 6.50% |
| 2 | Hills Bank and Trust | A | 102 | 82 | 8.8% | 6.44% |
| 3 | Veridian Credit Union | B | 33 | 24 | 6.1% | 6.99% |
| 4 | Rocket Mortgage | C | 27 | 18 | 22.2% | 6.93% |
| 5 | Residential Mortgage Network | A | 21 | 21 | 0.0% | 6.50% |
| 6 | MidWestOne Bank | A | 21 | 18 | 14.3% | 5.99% |
| 7 | U.S. Bank | D | 19 | 10 | 36.8% | 8.40% |
| 8 | Dupaco Community | A | 18 | 13 | 16.7% | 7.00% |
| 9 | Collins Community Credit Union | C | 16 | 6 | 31.3% | 7.13% |
| 10 | Keystone Savings Bank | – | 13 | 13 | 0.0% | — |
| 11 | Community 1st Credit Union | D | 11 | 7 | 18.2% | 1.00% |
| 12 | Iowa Bankers Mortgage | B | 10 | 8 | 20.0% | 6.00% |
| 13 | Mortgage Research Center | C | 10 | 6 | 0.0% | 6.06% |
| 14 | Linn Area | C | 9 | 9 | 0.0% | 6.50% |
| 15 | Loandepot.Com | D | 9 | 3 | 44.4% | 8.38% |
| 16 | Broker Solutions | D | 8 | 5 | 12.5% | 6.50% |
| 17 | Pennymac Loan Services | C | 7 | 4 | 0.0% | 5.69% |
| 18 | Mld Mortgage | A | 7 | 5 | 0.0% | 6.88% |
| 19 | Grinnell State Bank | – | 6 | 5 | 0.0% | — |
| 20 | Spring Eq | D | 5 | 1 | 80.0% | 6.20% |
| 21 | United Shore Financial Services | B | 5 | 2 | 40.0% | 5.94% |
Best approval odds in Iowa 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 | 168 | 3.6% |
| 2 | Hills Bank and Trust | 93 | 9.7% |
What Iowa County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Iowa County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 491 | 336 | 12.0% | 6.75% | $105,000 |
| 2024 | 449 | 320 | 9.4% | 6.99% | $105,000 |
| 2025 | 642 | 472 | 11.4% | 6.50% | $105,000 |
Frequently asked questions
11.4% of applications in Iowa County were denied in 2025, against 12.9% statewide in Iowa.
GREENSTATE Credit Union, with 190 applications in 2025 and a denial rate of 3.2%.
The median mortgage application in Iowa County in 2025 was for $105,000; the median property value on originated loans was $245,000.