Central Bank (Iowa) mortgage approval rate & lending review
Central Bank (Iowa) decided 1,663 mortgage applications and funded 1,575 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Central Bank (Iowa) reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Central Bank (Iowa) at a glance
Approval is 12.7 points above the 82.5% 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 | 97% | 1,021 / 1,049 | 100% | $245K | 1,018 |
| Home improvement loans | 88% | 133 / 152 | 99% | $55K | 132 |
| Cash-out refinance | 86% | 96 / 111 | 97% | $135K | 93 |
| Refinance | 90% | 94 / 104 | 100% | $215K | 94 |
| Investment property purchase | 97% | 142 / 147 | 99% | $185K | 141 |
| Investment refinance | 99% | 79 / 80 | 100% | $195K | 79 |
Central Bank (Iowa) lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Iowa | 95% | $195K | 1,243 | 1,174 |
| South Dakota | 96% | $305K | 332 | 315 |
| Nebraska | 100% | $325K | 20 | 20 |
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 Central Bank (Iowa) lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Woodbury County, IA | Mortgage lenders | 97% | 418 | 404 |
| Polk County, IA | Mortgage lenders | 98% | 284 | 274 |
| Minnehaha County, SD | Mortgage lenders | 99% | 202 | 199 |
| Dallas County, IA | Mortgage lenders | 97% | 94 | 91 |
| Woodbury County, IA | Home improvement loans | 88% | 49 | 43 |
| Dallas County, IA | Investment property purchase | 100% | 41 | 41 |
| Polk County, IA | Investment refinance | 100% | 41 | 41 |
| Woodbury County, IA | Cash-out refinance | 76% | 49 | 36 |
| Polk County, IA | Home improvement loans | 85% | 39 | 32 |
| Minnehaha County, SD | Home improvement loans | 84% | 38 | 32 |
| Polk County, IA | Refinance | 89% | 35 | 31 |
| Minnehaha County, SD | Refinance | 94% | 31 | 29 |
The county markets where Central Bank (Iowa) made the most loans. Each link opens that market with every lender ranked.
Questions about Central Bank (Iowa)
What is Central Bank (Iowa)'s mortgage approval rate?
Central Bank (Iowa) approved 95.2% of the 1,663 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.7 points above the 82.5% national rate for the same mix of loan types.
How often do borrowers take the loan Central Bank (Iowa) offers?
Borrowers accepted 99% of the loans Central 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 Central Bank (Iowa) make?
The typical home purchase mortgage loan Central Bank (Iowa) made was $245K; across all loan types its typical loan ran from $55K to $245K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Central Bank (Iowa) lend?
Central Bank (Iowa) decided applications in 19 of the states Fat Boy Data covers, most of them in Iowa, South Dakota and Nebraska.
Can I apply to Central Bank (Iowa) directly?
Yes. Central Bank (Iowa) is a bank or credit union with 49 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Central 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 Central Bank (Iowa) treats applications, then get a rate quote from the lender.