Raccoon Valley Bank mortgage approval rate & lending review
Raccoon Valley Bank decided 274 mortgage applications and funded 242 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Raccoon Valley Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Raccoon Valley Bank at a glance
Approval is 8.5 points above the 82.4% 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 | 69% | 29 / 42 | 93% | $165K | 27 |
| Refinance | 88% | 38 / 43 | 92% | $155K | 35 |
| Investment property purchase | 98% | 118 / 121 | 100% | $125K | 118 |
| Investment refinance | 100% | 48 / 48 | 100% | $115K | 48 |
Raccoon Valley Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Iowa | 91% | $125K | 271 | 239 |
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 Raccoon Valley Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Polk County, IA | Investment property purchase | 97% | 86 | 83 |
| Dallas County, IA | Investment property purchase | 100% | 32 | 32 |
| Polk County, IA | Investment refinance | 100% | 32 | 32 |
| Dallas County, IA | Refinance | 86% | 35 | 29 |
| Dallas County, IA | Mortgage lenders | 64% | 25 | 16 |
The county markets where Raccoon Valley Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Raccoon Valley Bank
What is Raccoon Valley Bank's mortgage approval rate?
Raccoon Valley Bank approved 90.9% of the 274 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 8.5 points above the 82.4% national rate for the same mix of loan types.
How often do borrowers take the loan Raccoon Valley Bank offers?
Borrowers accepted 97% of the loans Raccoon Valley Bank 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 Raccoon Valley Bank make?
The typical investment property mortgage loan Raccoon Valley Bank made was $125K; across all loan types its typical loan ran from $115K to $165K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Raccoon Valley Bank lend?
Raccoon Valley Bank decided applications in 4 of the states Fat Boy Data covers, most of them in Iowa, Arizona and Illinois.
Can I apply to Raccoon Valley Bank directly?
Yes. Raccoon Valley Bank is a bank or credit union with 4 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Raccoon Valley Bank'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 Raccoon Valley Bank treats applications, then get a rate quote from the lender.