Largest lenders in Lucas County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Community 1st Credit Union | D | 71 | 51 | 8.5% | 1.00% |
| 2 | Midwest Heritage Bank | D | 41 | 23 | 22.0% | — |
| 3 | Rocket Mortgage | C | 17 | 10 | 35.3% | 6.87% |
| 4 | Peoples Savings Bank | – | 14 | 9 | 35.7% | — |
| 5 | GREENSTATE Credit Union | B | 13 | 8 | 15.4% | 6.37% |
| 6 | Iowa Bankers Mortgage | B | 13 | 10 | 15.4% | 6.50% |
| 7 | First Interstate Bank | D | 12 | 8 | 33.3% | 8.00% |
| 8 | Mortgage Research Center | C | 11 | 6 | 9.1% | 6.25% |
| 9 | U.S. Bank | D | 8 | 2 | 50.0% | 6.69% |
| 10 | Broker Solutions | D | 8 | 3 | 25.0% | 7.25% |
| 11 | Community Choice Credit Union | B | 8 | 4 | 25.0% | 7.31% |
| 12 | American State Bank | – | 7 | 6 | 0.0% | — |
| 13 | West Gate Bank | A | 6 | 4 | 0.0% | 6.44% |
| 14 | Veridian Credit Union | B | 6 | 5 | 16.7% | 6.49% |
| 15 | United Shore Financial Services | B | 6 | 4 | 16.7% | 6.69% |
| 16 | Marine Credit Union | F | 6 | 3 | 33.3% | 7.38% |
| 17 | AmeriSave Mortgage | D | 5 | 0 | 80.0% | — |
| 18 | Newrez | D | 5 | 3 | 0.0% | 6.75% |
Best approval odds in Lucas County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Community 1st Credit Union | 58 | 10.3% |
What Lucas County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Lucas County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 294 | 182 | 18.4% | 6.63% | $85,000 |
| 2024 | 330 | 197 | 21.2% | 6.63% | $85,000 |
| 2025 | 356 | 213 | 19.4% | 6.50% | $105,000 |
Frequently asked questions
19.4% of applications in Lucas County were denied in 2025, against 12.9% statewide in Iowa.
Community 1st Credit Union, with 71 applications in 2025 and a denial rate of 8.5%.
The median mortgage application in Lucas County in 2025 was for $105,000; the median property value on originated loans was $195,000.