Largest lenders in Lee County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Two Rivers Bank & Trust | C | 90 | 56 | 18.9% | 7.13% |
| 2 | Rocket Mortgage | C | 48 | 32 | 25.0% | 6.99% |
| 3 | Iowa Bankers Mortgage | B | 40 | 29 | 10.0% | 6.75% |
| 4 | United Community Bank | C | 39 | 30 | 12.8% | 6.31% |
| 5 | Mortgage Research Center | C | 30 | 14 | 16.7% | 6.25% |
| 6 | MidWestOne Bank | A | 28 | 18 | 21.4% | 6.31% |
| 7 | GREENSTATE Credit Union | B | 25 | 14 | 8.0% | 6.93% |
| 8 | Broker Solutions | D | 16 | 2 | 6.3% | 5.88% |
| 9 | Coastal Community Bank | C | 15 | 6 | 6.7% | 13.24% |
| 10 | AmeriSave Mortgage | D | 13 | 3 | 76.9% | 7.88% |
| 11 | U.S. Bank | D | 12 | 6 | 25.0% | 7.06% |
| 12 | 21st Mortgage | F | 12 | 3 | 41.7% | 9.14% |
| 13 | United Shore Financial Services | B | 10 | 9 | 0.0% | 6.00% |
| 14 | Figure Lending | C | 10 | 3 | 60.0% | 8.70% |
| 15 | Veridian Credit Union | B | 9 | 6 | 22.2% | 6.50% |
| 16 | AIM Credit Union | – | 8 | 6 | 12.5% | — |
| 17 | New Day Financial | F | 7 | 1 | 0.0% | 6.99% |
| 18 | Navy Federal Credit Union | D | 7 | 3 | 14.3% | 7.50% |
| 19 | Plains Commerce Bank | B | 6 | 3 | 33.3% | 6.38% |
| 20 | Ruhl Mortgage | A | 6 | 5 | 0.0% | 6.38% |
| 21 | Newrez | D | 6 | 0 | 33.3% | — |
| 22 | Community Choice Credit Union | B | 6 | 2 | 16.7% | 6.32% |
| 23 | Pennymac Loan Services | C | 5 | 5 | 0.0% | 6.49% |
| 24 | PNC Bank | D | 5 | 2 | 60.0% | 6.97% |
| 25 | Spring Eq | D | 5 | 1 | 80.0% | 8.35% |
Best approval odds in Lee County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Two Rivers Bank & Trust | 78 | 21.8% |
What Lee County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Lee County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 368 | 210 | 18.5% | 6.75% | $95,000 |
| 2024 | 491 | 276 | 22.8% | 6.99% | $95,000 |
| 2025 | 564 | 313 | 20.7% | 6.75% | $95,000 |
Frequently asked questions
20.7% of applications in Lee County were denied in 2025, against 12.9% statewide in Iowa.
Two Rivers Bank & Trust, with 90 applications in 2025 and a denial rate of 18.9%.
The median mortgage application in Lee County in 2025 was for $95,000; the median property value on originated loans was $155,000.