Sioux County, Iowa · 2025

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

82 lenders acted on 793 mortgage applications for properties in Sioux County in 2025. 9.6% were denied (Iowa: 12.9%). Median rate on closed loans 6.50%; median loan $205,000; median property value $295,000.

793Applications
9.6%Denial ratestate 12.9%
6.50%Median ratestate 6.50%
$205,000Median loan
$295,000Median property value

Largest lenders in Sioux County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 American State Bank A 185158 2.7%
2 Iowa Bankers Mortgage B 9985 12.1%6.50%
3 Northwest Bank A 8876 2.3%6.25%
4 Peoples Bank C 5539 9.1%
5 Homeowners Financial Group USA B 4634 4.4%6.75%
6 Premier Bank C 4438 9.1%
7 Rivers Edge Bank 3431 0.0%
8 Primebank A 2825 3.6%
9 The Security National Bank of Sioux City, Iowa C 2019 5.0%
10 Rocket Mortgage C 157 46.7%6.50%
11 Mortgage Research Center C 146 14.3%6.31%
12 United Shore Financial Services B 128 25.0%6.26%
13 U.S. Bank D 115 36.4%6.88%
14 Coastal Community Bank C 101 0.0%15.49%
15 Pennymac Loan Services C 82 25.0%6.38%
16 First PREMIER Bank C 72 28.6%6.94%
17 Plains Commerce Bank B 74 14.3%5.94%
18 Farm Credit Mid-America D 62 50.0%7.00%
19 Figure Lending C 63 16.7%9.20%
20 First International Bank & Trust B 53 20.0%6.38%

Best approval odds in Sioux County

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

#LenderDecidedDecision denial rate
1Northwest Bank782.6%
2American State Bank1772.8%
3Iowa Bankers Mortgage9712.4%

What Sioux County borrowers applied for

By loan purpose

Home purchase 513 65% · 7.2% denied
Refinance 135 17% · 9.6% denied
Cash-out refinance 56 7% · 26.8% denied
Home improvement 44 6% · 9.1% denied
Other / HELOC 45 6% · 15.6% denied

By loan type

Conventional 696 88% · 8.2% denied
FHA 55 7% · 16.4% denied
VA 29 4% · 20.7% denied
USDA / RHS 13 2% · 30.8% denied

Why applications were denied

Collateral 15 25%
Credit history 15 25%
Debt-to-income ratio 13 21%
Incomplete application 8 13%
Other 5 8%
Employment history 2 3%
Unverifiable information 2 3%
Insufficient cash 1 2%

Sioux County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20235974639.4%6.75%$165,000
202466549910.8%6.63%$175,000
20257936009.6%6.50%$205,000

Frequently asked questions

9.6% of applications in Sioux County were denied in 2025, against 12.9% statewide in Iowa.

American State Bank, with 185 applications in 2025 and a denial rate of 2.7%.

The median mortgage application in Sioux County in 2025 was for $205,000; the median property value on originated loans was $295,000.