Purchase Originations
179
Median Total Costs
$3,010
−54.9% vs national ($6,680)
↓ $160 vs prior year
Median Rate
6.750%
+4.0% vs national (6.490%)
↓ 0.375% vs prior year
Median Origination
$1,416
Median Lender Credits
$12
Denial Rate
17.3%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 152 | 6.625% | $2,862 | $1,392 |
| usda | 27 | 6.875% | $4,721 | $1,662 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Iowa | 175 | 6.750% | $3,010 | #39 |
| Nebraska | 3 | 6.875% | $3,482 | — |
| South Dakota | 1 | 5.875% | $2,521 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,409 | 6.000% | — | 4 | −$601 | |
| 2 | $2,431 | 6.500% | — | 7 | −$579 | |
| 3 | $2,586 | 6.625% | — | 2 | −$424 | |
| 4 | $2,613 | 6.812% | — | 12 | −$397 | |
| 5 | $2,647 | 6.750% | — | 3 | −$363 | |
| 6 | $2,682 | 6.750% | — | 5 | −$328 | |
| 7 | $2,745 | 6.875% | — | 6 | −$265 | |
| 8 | $2,778 | 6.750% | — | 3 | −$232 | |
| 9 | $2,782 | 6.750% | — | 9 | −$228 | |
| 10 | $2,939 | 6.562% | — | 12 | −$71 | |
| 11 | $3,102 | 6.625% | — | 15 | +$92 | |
| 12 | $3,131 | 5.750% | — | 7 | +$121 | |
| 13 | $3,213 | 6.875% | — | 19 | +$203 | |
| 14 | $3,225 | 6.625% | — | 39 | +$215 | |
| 15 | $3,316 | 6.875% | — | 15 | +$306 | |
| 16 | $4,036 | 6.125% | — | 2 | +$1,026 | |
| 17 | $4,043 | 7.125% | — | 1 | +$1,033 | |
| 18 | $4,404 | 6.875% | — | 3 | +$1,394 | |
| 19 | $4,640 | 6.375% | — | 5 | +$1,630 | |
| 20 | $4,953 | 5.500% | — | 1 | +$1,943 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2025. Sorted by median total loan costs.
Peer set: the 50 highest-volume U.S. mortgage lenders in 2025 (min. 8,254 purchase originations).
| Metric | United Bank of Iowa | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $135,000 | $335,000 | −$200,000 (−59.7%) |
| Median total closing costs | $3,010 | $7,127 | −$4,117 (−57.8%) |
Other high-volume lenders side-by-side.
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Data source: HMDA Modified Loan Application Register 2025, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.