Largest lenders in Marion County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Community 1st Credit Union | D | 90 | 64 | 14.4% | 1.00% |
| 2 | Iowa Bankers Mortgage | B | 84 | 70 | 11.9% | 6.38% |
| 3 | Rocket Mortgage | C | 52 | 36 | 21.2% | 6.43% |
| 4 | GREENSTATE Credit Union | B | 46 | 23 | 19.6% | 6.63% |
| 5 | Washington State Bank | A | 41 | 41 | 0.0% | — |
| 6 | Veridian Credit Union | B | 35 | 24 | 5.7% | 6.49% |
| 7 | Community Choice Credit Union | B | 33 | 22 | 6.1% | 6.00% |
| 8 | Bank Iowa | C | 31 | 22 | 3.2% | 7.08% |
| 9 | Leighton State Bank | – | 31 | 25 | 9.7% | — |
| 10 | U.S. Bank | D | 26 | 19 | 11.5% | 7.38% |
| 11 | Wells Fargo Bank | B | 23 | 13 | 17.4% | 6.50% |
| 12 | Broker Solutions | D | 22 | 14 | 4.6% | 6.63% |
| 13 | Homeservices Lending | B | 19 | 13 | 5.3% | 6.75% |
| 14 | Mortgage Research Center | C | 18 | 8 | 27.8% | 6.19% |
| 15 | West Gate Bank | A | 17 | 17 | 0.0% | 6.13% |
| 16 | MidWestOne Bank | A | 15 | 10 | 13.3% | 5.99% |
| 17 | AmeriSave Mortgage | D | 14 | 2 | 71.4% | 8.50% |
| 18 | United Shore Financial Services | B | 14 | 10 | 14.3% | 6.63% |
| 19 | Gershman Investment | B | 13 | 10 | 0.0% | 6.63% |
| 20 | Loandepot.Com | D | 12 | 5 | 25.0% | 6.75% |
| 21 | 21st Mortgage | F | 11 | 1 | 81.8% | 8.31% |
| 22 | Peoples Savings Bank | – | 11 | 10 | 9.1% | — |
| 23 | Newrez | D | 11 | 4 | 27.3% | 6.31% |
| 24 | Pennymac Loan Services | C | 10 | 6 | 10.0% | 6.37% |
| 25 | Northwest Bank | A | 10 | 6 | 0.0% | 6.88% |
Best approval odds in Marion County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Iowa Bankers Mortgage | 81 | 12.4% |
| 2 | Community 1st Credit Union | 77 | 16.9% |
What Marion County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Marion County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 989 | 654 | 14.7% | 6.50% | $135,000 |
| 2024 | 1,029 | 692 | 14.1% | 6.63% | $155,000 |
| 2025 | 1,010 | 676 | 13.5% | 6.50% | $165,000 |
Frequently asked questions
13.5% of applications in Marion County were denied in 2025, against 12.9% statewide in Iowa.
Community 1st Credit Union, with 90 applications in 2025 and a denial rate of 14.4%.
The median mortgage application in Marion County in 2025 was for $165,000; the median property value on originated loans was $295,000.