Tama County, Iowa · 2025

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

87 lenders acted on 440 mortgage applications for properties in Tama County in 2025. 10.5% were denied (Iowa: 12.9%). Median rate on closed loans 6.63%; median loan $105,000; median property value $165,000.

440Applications
10.5%Denial ratestate 12.9%
6.63%Median ratestate 6.50%
$105,000Median loan
$165,000Median property value

Largest lenders in Tama County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Veridian Credit Union B 6145 4.9%6.49%
2 GREENSTATE Credit Union B 6044 8.3%6.75%
3 Rocket Mortgage C 2217 18.2%6.63%
4 Chelsea Savings Bank 1818 0.0%
5 Mld Mortgage A 1614 6.3%6.88%
6 Guaranteed Rate B 147 0.0%6.38%
7 Farmers Savings Bank & Trust 1411 0.0%
8 Iowa Bankers Mortgage B 137 46.2%6.50%
9 MEMBERS1st Community Credit Union B 1313 0.0%6.99%
10 Dupaco Community A 98 11.1%8.00%
11 Mortgage Research Center C 97 22.2%6.25%
12 Freedom Mortgage B 81 12.5%6.25%
13 Broker Solutions D 83 0.0%6.50%
14 Pennymac Loan Services C 74 14.3%8.69%
15 Wells Fargo Bank B 76 14.3%6.44%
16 MidWestOne Bank A 64 33.3%7.85%
17 Guild Mortgage A 65 0.0%6.31%
18 Northeast Security Bank 66 0.0%
19 Empeople Credit Union C 64 16.7%6.37%
20 United Shore Financial Services B 53 20.0%5.63%
21 Bankers' Bank C 54 0.0%6.25%
22 Coastal Community Bank C 51 0.0%13.24%
23 Gnb Bank B 55 0.0%

Best approval odds in Tama County

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

#LenderDecidedDecision denial rate
1GREENSTATE Credit Union519.8%

What Tama County borrowers applied for

By loan purpose

Home purchase 215 49% · 7.9% denied
Refinance 73 17% · 6.9% denied
Cash-out refinance 55 13% · 21.8% denied
Home improvement 51 12% · 5.9% denied
Other / HELOC 46 10% · 19.6% denied

By loan type

Conventional 343 78% · 8.2% denied
FHA 54 12% · 16.7% denied
VA 25 6% · 24.0% denied
USDA / RHS 18 4% · 16.7% denied

Why applications were denied

Debt-to-income ratio 13 30%
Credit history 13 30%
Collateral 8 19%
Incomplete application 4 9%
Unverifiable information 2 5%
Other 2 5%
Insufficient cash 1 2%

Tama County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202335123614.3%6.88%$85,000
202437723815.9%6.96%$105,000
202544031110.5%6.63%$105,000

Frequently asked questions

10.5% of applications in Tama County were denied in 2025, against 12.9% statewide in Iowa.

Veridian Credit Union, with 61 applications in 2025 and a denial rate of 4.9%.

The median mortgage application in Tama County in 2025 was for $105,000; the median property value on originated loans was $165,000.