Mills County, Iowa · 2025

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

104 lenders acted on 698 mortgage applications for properties in Mills County in 2025. 10.2% were denied (Iowa: 12.9%). Median rate on closed loans 6.74%; median loan $165,000; median property value $285,000.

698Applications
10.2%Denial ratestate 12.9%
6.74%Median ratestate 6.50%
$165,000Median loan
$285,000Median property value

Largest lenders in Mills County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Glenwood State Bank A 5858 0.0%
2 Ark-La-Tex Financial Services, LLC. A 5040 2.0%6.63%
3 Flanagan State Bank D 5041 4.0%6.63%
4 Rocket Mortgage C 4229 21.4%6.99%
5 First National Bank of Omaha C 3619 22.2%8.09%
6 Veridian Credit Union B 3120 3.2%6.87%
7 Mortgage Research Center C 2919 6.9%6.13%
8 Malvern Bank 2826 0.0%
9 Iowa Bankers Mortgage B 2620 15.4%6.63%
10 Pennymac Loan Services C 1612 12.5%6.06%
11 21st Mortgage F 154 53.3%10.91%
12 U.S. Bank D 1411 7.1%8.20%
13 Bank Iowa C 129 16.7%7.35%
14 Navy Federal Credit Union D 114 9.1%7.38%
15 United Shore Financial Services B 107 20.0%5.88%
16 Access Bank A 109 0.0%6.63%
17 CMG Mortgage A 97 0.0%6.69%
18 Charter West Bank C 94 11.1%6.38%
19 Newrez D 95 0.0%5.75%
20 Centris B 84 25.0%6.25%
21 Nationstar Mortgage C 85 12.5%8.38%
22 Metro CU B 84 12.5%5.88%
23 AmeriSave Mortgage D 61 83.3%8.38%
24 Better Mortgage F 64 0.0%6.69%
25 Cobalt Credit Union B 64 0.0%6.68%

Best approval odds in Mills County

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

#LenderDecidedDecision denial rate
1Glenwood State Bank580.0%

What Mills County borrowers applied for

By loan purpose

Home purchase 341 49% · 6.5% denied
Refinance 117 17% · 12.0% denied
Cash-out refinance 106 15% · 17.0% denied
Home improvement 65 9% · 15.4% denied
Other / HELOC 69 10% · 10.1% denied

By loan type

Conventional 490 70% · 9.2% denied
FHA 83 12% · 18.1% denied
VA 115 16% · 8.7% denied
USDA / RHS 10 1% · 10.0% denied

Why applications were denied

Credit history 22 31%
Debt-to-income ratio 16 23%
Collateral 12 17%
Incomplete application 12 17%
Other 7 10%
Insufficient cash 1 1%

Mills County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202359343410.5%7.00%$155,000
202462940814.3%6.63%$165,000
202569850110.2%6.74%$165,000

Frequently asked questions

10.2% of applications in Mills County were denied in 2025, against 12.9% statewide in Iowa.

Glenwood State Bank, with 58 applications in 2025 and a denial rate of 0.0%.

The median mortgage application in Mills County in 2025 was for $165,000; the median property value on originated loans was $285,000.