Iowa Bankers Mortgage Corporation mortgage approval rate & lending review
Iowa Bankers Mortgage Corporation decided 2,284 mortgage applications and funded 2,026 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Iowa Bankers Mortgage Corporation reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to ibmc.com.
Iowa Bankers Mortgage Corporation at a glance
Approval is 4.4 points above the 85.8% 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 | 91% | 1,672 / 1,847 | 98% | $245K | 1,643 |
| Cash-out refinance | 83% | 80 / 96 | 98% | $155K | 78 |
| Refinance | 88% | 127 / 145 | 99% | $225K | 126 |
| Investment property purchase | 93% | 157 / 168 | 99% | $155K | 155 |
Iowa Bankers Mortgage Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Iowa | 91% | $245K | 2,021 | 1,801 |
| Minnesota | 77% | $345K | 87 | 65 |
| Nebraska | 92% | $275K | 80 | 72 |
| South Dakota | 88% | $255K | 42 | 37 |
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 Iowa Bankers Mortgage Corporation lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Polk County, IA | Mortgage lenders | 92% | 700 | 637 |
| Dallas County, IA | Mortgage lenders | 93% | 259 | 239 |
| Woodbury County, IA | Mortgage lenders | 91% | 242 | 219 |
| Linn County, IA | Mortgage lenders | 85% | 240 | 198 |
| Black Hawk County, IA | Mortgage lenders | 93% | 131 | 118 |
| Polk County, IA | Investment property purchase | 93% | 89 | 82 |
| Polk County, IA | Refinance | 89% | 56 | 49 |
| Johnson County, IA | Mortgage lenders | 83% | 48 | 39 |
| Polk County, IA | Cash-out refinance | 79% | 47 | 35 |
| Minnehaha County, SD | Mortgage lenders | 83% | 30 | 25 |
| Dallas County, IA | Refinance | 90% | 21 | 19 |
| Stearns County, MN | Mortgage lenders | 71% | 21 | 15 |
The county markets where Iowa Bankers Mortgage Corporation made the most loans. Each link opens that market with every lender ranked.
Questions about Iowa Bankers Mortgage Corporation
What is Iowa Bankers Mortgage Corporation's mortgage approval rate?
Iowa Bankers Mortgage Corporation approved 90.2% of the 2,284 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 4.4 points above the 85.8% national rate for the same mix of loan types.
How often do borrowers take the loan Iowa Bankers Mortgage Corporation offers?
Borrowers accepted 98% of the loans Iowa Bankers Mortgage Corporation 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 Iowa Bankers Mortgage Corporation make?
The typical home purchase mortgage loan Iowa Bankers Mortgage Corporation made was $245K; across all loan types its typical loan ran from $155K to $245K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Iowa Bankers Mortgage Corporation lend?
Iowa Bankers Mortgage Corporation decided applications in 10 of the states Fat Boy Data covers, most of them in Iowa, Minnesota and Nebraska.
Can I apply to Iowa Bankers Mortgage Corporation directly?
Yes. Iowa Bankers Mortgage Corporation reports as a direct lender that takes applications from borrowers. Its website is ibmc.com.
Does this page show Iowa Bankers Mortgage Corporation'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 Iowa Bankers Mortgage Corporation treats applications, then get a rate quote from the lender.