Largest lenders in Winneshiek County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Fidelity Bank & Trust | A | 33 | 32 | 3.0% | 5.95% |
| 2 | CUSB Bank | C | 28 | 23 | 3.6% | — |
| 3 | GREENSTATE Credit Union | B | 19 | 12 | 10.5% | 6.50% |
| 4 | Luana Savings Bank | A | 19 | 17 | 0.0% | 6.05% |
| 5 | Marine Credit Union | F | 17 | 6 | 41.2% | 9.38% |
| 6 | BMO Bank | F | 16 | 9 | 0.0% | 9.03% |
| 7 | Veridian Credit Union | B | 15 | 8 | 13.3% | 6.37% |
| 8 | Rocket Mortgage | C | 15 | 9 | 33.3% | 6.38% |
| 9 | AmeriSave Mortgage | D | 7 | 3 | 57.1% | 6.25% |
| 10 | Northeast Security Bank | – | 7 | 7 | 0.0% | — |
| 11 | Iowa Bankers Mortgage | B | 6 | 2 | 33.3% | 6.06% |
| 12 | Kerndt Brothers Savings Bank | – | 6 | 4 | 16.7% | — |
| 13 | United Shore Financial Services | B | 5 | 4 | 0.0% | 6.16% |
| 14 | Newrez | D | 5 | 2 | 20.0% | 7.44% |
| 15 | Mortgage Research Center | C | 5 | 2 | 20.0% | 6.31% |
| 16 | Peoples State Bank | B | 5 | 4 | 0.0% | — |
What Winneshiek County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Winneshiek County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 228 | 136 | 16.2% | 6.75% | $105,000 |
| 2024 | 244 | 141 | 18.4% | 6.96% | $125,000 |
| 2025 | 285 | 177 | 16.1% | 6.49% | $155,000 |
Frequently asked questions
16.1% of applications in Winneshiek County were denied in 2025, against 12.9% statewide in Iowa.
Fidelity Bank & Trust, with 33 applications in 2025 and a denial rate of 3.0%.
The median mortgage application in Winneshiek County in 2025 was for $155,000; the median property value on originated loans was $255,000.