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Research and analysis by — 23 years in banking (credit side), now analyzing federal HMDA records independently. No ads, no lender compensation. Methodology · [email protected]

FHA denial rates in Iowa: every major lender, ranked (2025)

Direct answer · updated 2026-07-19

Iowa’s FHA denial rate in 2025 was 24.9% across 8,262 decisioned applications — ranking #9 of 52 states. Among high-volume lenders, the lowest observed denial rate was Guild Mortgage Company at 2.9%; the highest was Amerisave Mortgage Company at 82.2%. The institutional spread inside Iowa is 28.3×: the same FHA application faces a 2.9% observed denial rate at one high-volume door and 82.2% at another — two real endpoints of the federal record, same state, same program. Source: complete CFPB HMDA 2025 federal record.

Every high-volume FHA lender in Iowa

Cells require 100+ decisioned applications. Sorted softest first. Observed rates — not endorsements.

LenderIowa FHA appsDenial rate
Guild Mortgage Company1742.9%
Cmg Mortgage Inc1527.9%
Cardinal Financial Company, Li1508.0%
Greenstate Credit Union3119.3%
Guaranteed Rate, Inc.14314.7%
New American Funding, LLC.55415.7%
Pennymac Loan Services LLC28423.9%
United Wholesale Mortgage47124.6%
Dhi Mortgage Company, Ltd.27326.7%
Rocket Mortgage98232.5%
Freedom Mortgage Corporation28735.2%
Mutual Of Omaha Mortgage14343.4%
Newrez LLC18648.9%
Loandepot.Com LLC21453.7%
Amerisave Mortgage Company27582.2%

The small-loan penalty in Iowa

Applications under $150K were denied 33.2% of the time versus 20.4% for loans of $250K+ — a 1.6× penalty on the smallest loans. National context: the small-loan penalty.

What is HMDA?

The Home Mortgage Disclosure Act requires every U.S. mortgage lender to report every application — outcome, amount, and denial reason — to federal regulators annually. It is government-verified, covers all lenders equally, and cannot be gamed. These tables are processed directly from that record.

Who pays for this?

Nobody. No lender pays to appear or improve its position; no ads, no referral fees, no lead sales. FinanceRateCalc is not a lender and does not compete with the institutions it measures. Rates reflect applicant mix and channel as well as underwriting appetite — a high rate is not an accusation, and a low one is not advice. Compare nationally: the top-100 table · the 15-market door map · all 52 states ranked · why each lender says no.