Largest lenders in Jefferson County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Community 1st Credit Union | D | 79 | 49 | 16.5% | 6.25% |
| 2 | MidWestOne Bank | A | 77 | 46 | 24.7% | 5.99% |
| 3 | Washington State Bank | A | 65 | 60 | 4.6% | — |
| 4 | Rocket Mortgage | C | 20 | 12 | 30.0% | 6.87% |
| 5 | West Gate Bank | A | 14 | 12 | 0.0% | 6.25% |
| 6 | Mortgage Research Center | C | 14 | 8 | 7.1% | 6.44% |
| 7 | GREENSTATE Credit Union | B | 13 | 10 | 7.7% | 7.18% |
| 8 | Iowa Bankers Mortgage | B | 13 | 7 | 23.1% | 6.88% |
| 9 | Pennymac Loan Services | C | 10 | 3 | 20.0% | 6.13% |
| 10 | Federation Bank | – | 9 | 8 | 0.0% | — |
| 11 | U.S. Bank | D | 7 | 4 | 14.3% | 6.75% |
| 12 | Cardinal Financial Company, Limited Partnership | B | 7 | 5 | 0.0% | 6.75% |
| 13 | Hills Bank and Trust | A | 6 | 5 | 16.7% | 7.38% |
| 14 | Broker Solutions | D | 6 | 3 | 16.7% | 6.99% |
| 15 | Sofi Bank | D | 6 | 2 | 0.0% | 7.21% |
| 16 | New Day Financial | F | 5 | 0 | 20.0% | — |
| 17 | Residential Mortgage Network | A | 5 | 5 | 0.0% | 5.88% |
| 18 | United Shore Financial Services | B | 5 | 3 | 20.0% | 6.13% |
Best approval odds in Jefferson County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Washington State Bank | 63 | 4.8% |
| 2 | Community 1st Credit Union | 62 | 21.0% |
| 3 | MidWestOne Bank | 70 | 27.1% |
What Jefferson County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Jefferson County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 376 | 248 | 18.4% | 6.25% | $95,000 |
| 2024 | 359 | 237 | 14.8% | 6.75% | $95,000 |
| 2025 | 447 | 277 | 17.5% | 6.38% | $115,000 |
Frequently asked questions
17.5% of applications in Jefferson County were denied in 2025, against 12.9% statewide in Iowa.
Community 1st Credit Union, with 79 applications in 2025 and a denial rate of 16.5%.
The median mortgage application in Jefferson County in 2025 was for $115,000; the median property value on originated loans was $195,000.