Bank Iowa mortgage approval rate & lending review
Bank Iowa decided 451 mortgage applications and funded 401 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Bank Iowa reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Bank Iowa at a glance
Approval is 9.7 points above the 84.1% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 95% | 267 / 280 | 95% | $245K | 253 |
| Refinance | 85% | 35 / 41 | 94% | $295K | 33 |
| Investment property purchase | 99% | 70 / 71 | 94% | $165K | 66 |
Bank Iowa lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Iowa | 94% | $245K | 400 | 360 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Bank Iowa lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Polk County, IA | Mortgage lenders | 95% | 187 | 168 |
| Dallas County, IA | Mortgage lenders | 96% | 56 | 53 |
| Polk County, IA | Investment property purchase | 98% | 47 | 46 |
| Polk County, IA | Refinance | 89% | 27 | 23 |
The county markets where Bank Iowa made the most loans. Each link opens that market with every lender ranked.
Questions about Bank Iowa
What is Bank Iowa's mortgage approval rate?
Bank Iowa approved 93.8% of the 451 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.7 points above the 84.1% national rate for the same mix of loan types.
How often do borrowers take the loan Bank Iowa offers?
Borrowers accepted 95% of the loans Bank Iowa approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Bank Iowa make?
The typical home purchase mortgage loan Bank Iowa made was $245K; across all loan types its typical loan ran from $165K to $295K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Bank Iowa lend?
Bank Iowa decided applications in 16 of the states Fat Boy Data covers, most of them in Iowa, Nevada and Florida.
Can I apply to Bank Iowa directly?
Yes. Bank Iowa is a bank or credit union with 25 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Bank Iowa's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Bank Iowa treats applications, then get a rate quote from the lender.