Iowa · HMDA 2025
Mortgage lenders in Madison County, IA
139 lenders reported 907 home-loan applications in Madison County in 2025. 540 closed as loans ($120.7M), 114 were denied — a 16.9% denial rate on decided applications, above the Iowa rate of 15.0%. The three most active lenders handled 20% of applications, led by GREENSTATE Credit Union. 21 lenders in the list are banks or credit unions with a TellerScore profile.
- Applications
- 907
- Loans originated
- 540
- Purchase / refinance
- 237 / 160
- 30-yr rate (national)
- 7.40%week of Oct 15, 2026
Lenders ranked by applications in Madison County
| # | Lender | Applications here | Share | Nationwide denial rate |
|---|---|---|---|---|
| 1 | GREENSTATE Credit Union 50 out of 100, Below average | 81 | 8.9% | 10.1% |
| 2 | Community Choice Credit Union | 49 | 5.4% | — |
| 3 | VERIDIAN CREDIT UNION 73 out of 100, Strong | 48 | 5.3% | 11.2% |
| 4 | Farmers and Merchants State Bank 78 out of 100, Strong | 45 | 5.0% | 1.5% |
| 5 | UNION STATE BANK 70 out of 100, Strong | 33 | 3.6% | 15.4% |
| 6 | Rocket Mortgage, LLC | 31 | 3.4% | — |
| 7 | NEWREZ LLC | 29 | 3.2% | — |
| 8 | Broker Solutions, Inc. | 26 | 2.9% | — |
| 9 | American State Bank 83 out of 100, Strong | 25 | 2.8% | 2.1% |
| 10 | Barrington Bank & Trust Company, National Association 42 out of 100, Below average | 25 | 2.8% | 9.1% |
| 11 | PENNYMAC LOAN SERVICES, LLC | 21 | 2.3% | — |
| 12 | IOWA BANKERS MORTGAGE CORPORATION | 18 | 2.0% | — |
| 13 | FREEDOM MORTGAGE CORPORATION | 17 | 1.9% | — |
| 14 | UNITED SHORE FINANCIAL SERVICES, LLC | 16 | 1.8% | — |
| 15 | Mortgage Research Center, LLC | 16 | 1.8% | — |
| 16 | U.S. Bank National Association 55 out of 100, Moderate | 16 | 1.8% | 39.5% |
| 17 | Northwest Bank 70 out of 100, Strong | 16 | 1.8% | 6.0% |
| 18 | Earlham Savings Bank 66 out of 100, Moderate | 15 | 1.7% | 12.2% |
| 19 | STOCKTON MORTGAGE CORPORATION | 14 | 1.5% | — |
| 20 | Premier Credit Union 51 out of 100, Below average | 12 | 1.3% | 13.8% |
| 21 | AMERIHOME MORTGAGE COMPANY, LLC | 11 | 1.2% | — |
| 22 | GREATER IOWA CREDIT UNION 59 out of 100, Moderate | 11 | 1.2% | 21.3% |
| 23 | Central Bank 65 out of 100, Moderate | 11 | 1.2% | 5.5% |
| 24 | MARINE CREDIT UNION 53 out of 100, Below average | 10 | 1.1% | 44.9% |
| 25 | HOMESERVICES LENDING, LLC | 10 | 1.1% | — |
| 26 | GERSHMAN INVESTMENT CORP. | 10 | 1.1% | — |
| 27 | FIGURE LENDING LLC | 9 | 1.0% | — |
| 28 | Luana Savings Bank 70 out of 100, Strong | 9 | 1.0% | 2.8% |
| 29 | AmeriSave Mortgage Corporation | 8 | 0.9% | — |
| 30 | Coastal Community Bank 35 out of 100, Low | 8 | 0.9% | 3.0% |
| 31 | CMG MORTGAGE, INC. | 7 | 0.8% | — |
| 32 | Wells Fargo Bank, National Association 58 out of 100, Moderate | 7 | 0.8% | 22.2% |
| 33 | Bank Iowa 54 out of 100, Below average | 7 | 0.8% | 10.7% |
| 34 | Bankers Trust Company 64 out of 100, Moderate | 7 | 0.8% | 9.2% |
| 35 | Collins Community Credit Union 31 out of 100, Low | 6 | 0.7% | 19.3% |
| 36 | 21st Mortgage Corporation | 5 | 0.6% | — |
| 37 | Citizens Bank, National Association 54 out of 100, Below average | 5 | 0.6% | 32.5% |
| 38 | GUARANTEED RATE, INC. | 5 | 0.6% | — |
| 39 | Fidelity Bank 52 out of 100, Below average | 5 | 0.6% | 2.6% |
| 40 | Farm Credit Mid-America | 5 | 0.6% | — |
Top 40 of 139 lenders shown. Denial rates are each lender's nationwide figure for 2025, available for banks and credit unions we profile.
Other counties in Iowa
- Polk County 23,361 apps
- Linn County 11,026 apps
- Scott County 7,296 apps
- Johnson County 6,892 apps
- Dallas County 6,253 apps
- Black Hawk County 5,768 apps
- Pottawattamie County 4,291 apps
- Dubuque County 3,943 apps
- Woodbury County 3,291 apps
- Warren County 3,108 apps
- Story County 2,581 apps
- Jasper County 1,713 apps