BankIowa mortgage approval rate & lending review
BankIowa decided 310 mortgage applications and funded 288 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions BankIowa reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
BankIowa at a glance
Approval is 15.4 points above the 81.1% 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 | 92% | 45 / 49 | 91% | $165K | 41 |
| Home improvement loans | 90% | 37 / 41 | 100% | $25K | 37 |
| Refinance | 100% | 37 / 37 | 92% | $45K | 34 |
| Investment property purchase | 100% | 148 / 148 | 99% | $85K | 146 |
BankIowa lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Iowa | 96% | $85K | 306 | 284 |
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 BankIowa lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Black Hawk County, IA | Investment property purchase | 100% | 125 | 124 |
| Linn County, IA | Mortgage lenders | 96% | 26 | 23 |
| Black Hawk County, IA | Investment refinance | 95% | 20 | 19 |
| Linn County, IA | Home improvement loans | 86% | 22 | 19 |
The county markets where BankIowa made the most loans. Each link opens that market with every lender ranked.
Questions about BankIowa
What is BankIowa's mortgage approval rate?
BankIowa approved 96.5% of the 310 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 15.4 points above the 81.1% national rate for the same mix of loan types.
How often do borrowers take the loan BankIowa offers?
Borrowers accepted 96% of the loans BankIowa approved, against 95% for all investment property mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does BankIowa make?
The typical investment property mortgage loan BankIowa made was $85K; across all loan types its typical loan ran from $25K to $165K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does BankIowa lend?
BankIowa decided applications in 4 of the states Fat Boy Data covers, most of them in Iowa, Florida and Montana.
Can I apply to BankIowa directly?
Yes. BankIowa is a bank or credit union with 13 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show BankIowa'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 BankIowa treats applications, then get a rate quote from the lender.