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Linn County, Iowa · 2025

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

234 lenders acted on 9,617 mortgage applications for properties in Linn County in 2025. 11.1% were denied (Iowa: 12.9%). Median rate on closed loans 6.50%; median loan $135,000; median property value $245,000.

9.6kApplications
11.1%Denial ratestate 12.9%
6.50%Median ratestate 6.50%
$135,000Median loan
$245,000Median property value

Largest lenders in Linn County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 GREENSTATE Credit Union B 2,2321,747 5.7%6.49%
2 Hills Bank and Trust A 1,2221,031 5.3%6.25%
3 Veridian Credit Union B 694503 8.5%6.63%
4 Collins Community Credit Union C 633451 12.3%6.75%
5 Dupaco Community A 381265 20.5%7.00%
6 United Shore Financial Services B 276218 4.4%6.25%
7 Linn Area C 246183 6.9%6.50%
8 Broker Solutions D 227156 4.4%6.75%
9 U.S. Bank D 189107 28.0%7.65%
10 Rocket Mortgage C 185123 24.9%6.63%
11 Ohnward Bank & Trust A 181163 1.7%—
12 21st Mortgage F 16234 61.1%11.78%
13 Farmers State Bank A 143108 6.3%6.64%
14 Flat Branch Mortgage A 140119 0.7%6.50%
15 First C 13190 11.5%6.99%
16 Residential Mortgage Network A 126112 0.0%6.50%
17 Cedar Rapids Bank and Trust B 11787 6.8%—
18 Mortgage Research Center C 11248 20.5%6.25%
19 Iowa Bankers Mortgage B 11083 15.5%6.38%
20 Pennymac Loan Services C 10547 15.2%6.13%
21 Mount Vernon Bank and Trust A 10398 1.0%—
22 Dhi Mortgage Company B 9260 15.2%5.50%
23 Newrez D 7323 19.2%6.25%
24 Bankers Trust B 6957 7.3%7.25%
25 AmeriSave Mortgage D 6813 72.1%9.50%

Best approval odds in Linn County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Residential Mortgage Network1120.0%
2Flat Branch Mortgage1210.8%
3Mount Vernon Bank and Trust1001.0%
4Ohnward Bank & Trust1661.8%
5United Shore Financial Services2345.1%
6Hills Bank and Trust1,1285.8%
7Broker Solutions1676.0%
8Farmers State Bank1426.3%
9GREENSTATE Credit Union1,9776.4%
10Bankers Trust637.9%

What Linn County borrowers applied for

By loan purpose

Home purchase 4,992 52% · 6.0% denied
Refinance 1,476 15% · 12.5% denied
Cash-out refinance 1,215 13% · 20.3% denied
Home improvement 866 9% · 12.8% denied
Other / HELOC 1,068 11% · 21.4% denied

By loan type

Conventional 8,358 87% · 10.7% denied
FHA 717 7% · 14.4% denied
VA 519 5% · 13.5% denied
USDA / RHS 23 0% · 13.0% denied

Why applications were denied

Credit history 417 40%
Debt-to-income ratio 265 25%
Collateral 143 14%
Incomplete application 94 9%
Other 63 6%
Unverifiable information 37 4%
Insufficient cash 13 1%
Employment history 9 1%

Linn County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20238,6266,13110.6%6.88%$105,000
20248,6676,04811.8%6.75%$125,000
20259,6176,84911.1%6.50%$135,000

Frequently asked questions

11.1% of applications in Linn County were denied in 2025, against 12.9% statewide in Iowa.

GREENSTATE Credit Union, with 2,232 applications in 2025 and a denial rate of 5.7%.

The median mortgage application in Linn County in 2025 was for $135,000; the median property value on originated loans was $245,000.