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Muscatine County, Iowa · 2025

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

114 lenders acted on 1,256 mortgage applications for properties in Muscatine County in 2025. 17.4% were denied (Iowa: 12.9%). Median rate on closed loans 6.63%; median loan $105,000; median property value $215,000.

1.3kApplications
17.4%Denial ratestate 12.9%
6.63%Median ratestate 6.50%
$105,000Median loan
$215,000Median property value

Largest lenders in Muscatine County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 MidWestOne Bank A 174113 25.9%6.50%
2 CBI Bank & Trust C 173140 11.6%7.00%
3 GREENSTATE Credit Union B 12689 10.3%6.50%
4 ASCENTRA Credit Union C 8554 16.5%6.50%
5 Ruhl Mortgage A 6050 0.0%6.38%
6 Rocket Mortgage C 5939 23.7%6.50%
7 Broker Solutions D 3218 6.3%6.75%
8 Hills Bank and Trust A 2824 7.1%6.31%
9 21st Mortgage F 275 66.7%9.25%
10 U.S. Bank D 2517 20.0%7.95%
11 United Shore Financial Services B 2314 21.7%6.19%
12 Mortgage Research Center C 2311 17.4%6.25%
13 Residential Mortgage Network A 1918 0.0%6.38%
14 Newrez D 184 22.2%6.19%
15 AmeriSave Mortgage D 171 58.8%7.13%
16 The Family D 178 5.9%7.74%
17 Flat Branch Mortgage A 1613 0.0%6.63%
18 Iowa Bankers Mortgage B 1512 6.7%6.50%
19 Coastal Community Bank C 143 0.0%11.24%
20 R.I.A. Federal Credit Union D 148 35.7%5.99%
21 Freedom Mortgage B 137 23.1%6.25%
22 Veridian Credit Union B 1311 7.7%6.74%
23 Pennymac Loan Services C 124 16.7%6.88%
24 I. H. Mississippi Valley Credit Union B 126 16.7%6.06%
25 Loandepot.Com D 114 36.4%6.99%

Best approval odds in Muscatine County

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

#LenderDecidedDecision denial rate
1Ruhl Mortgage500.0%
2GREENSTATE Credit Union10911.9%
3CBI Bank & Trust16012.5%
4ASCENTRA Credit Union6820.6%
5Rocket Mortgage5525.5%
6MidWestOne Bank16227.8%

What Muscatine County borrowers applied for

By loan purpose

Home purchase 539 43% · 11.3% denied
Refinance 229 18% · 12.7% denied
Cash-out refinance 162 13% · 32.1% denied
Home improvement 143 11% · 21.0% denied
Other / HELOC 183 15% · 25.7% denied

By loan type

Conventional 1,005 80% · 17.3% denied
FHA 151 12% · 17.9% denied
VA 95 8% · 17.9% denied
USDA / RHS 5 0% · 20.0% denied

Why applications were denied

Debt-to-income ratio 65 30%
Credit history 64 29%
Collateral 41 19%
Incomplete application 24 11%
Other 8 4%
Unverifiable information 7 3%
Employment history 6 3%
Insufficient cash 3 1%

Muscatine County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,19478714.9%6.88%$105,000
20241,26183316.3%6.99%$105,000
20251,25680217.4%6.63%$105,000

Frequently asked questions

17.4% of applications in Muscatine County were denied in 2025, against 12.9% statewide in Iowa.

MidWestOne Bank, with 174 applications in 2025 and a denial rate of 25.9%.

The median mortgage application in Muscatine County in 2025 was for $105,000; the median property value on originated loans was $215,000.