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MARKET BENCHMARKS · HMDA PUBLIC DATA

Iowa mortgage market benchmarks

Iowa origination trends 2018–2025 from HMDA public data: volume, denial rates, and purchase vs refinance mix. Free and open — no account required.

Originations 2025

75,933

+12.1% vs 2024

2024: 67,724

Volume 2025

$16.25B

originated $
2024: $12.66B

Denial rate 2025

12.9%

denied / actioned
2024: 13.4% denied / actioned

Reporting lenders 2025

753

HMDA reporters
2024: 756 reporters

Origination volume by year

Dollar volume of originated loans

$ VOLUME · HOVER FOR UNITS
$0$12.5B$25B$37.5B$50B20182019202020212022202320242025$16.25B

Loan purpose mix

Share of 2025 originations

Denial rate by year

Denials / actioned applications (CFPB convention)

0.0%7.7%15.4%2018201920202021202220232024202512.9%

Iowa market by year

YEARLENDERSAPPLICATIONSORIGINATIONSVOLUMEDENIALPURCHASEREFI
2025753111,42675,933$16.25B2025 origination volume75,933 loans originated12.9%2025 denial rate111,426 applications actioned55.2%35.2%
202475699,28367,724$12.66B2024 origination volume67,724 loans originated13.4%2024 denial rate99,283 applications actioned57.7%30.0%
202374593,39964,139$11.17B2023 origination volume64,139 loans originated12.7%2023 denial rate93,399 applications actioned60.9%26.4%
2022704126,45387,884$16.50B2022 origination volume87,884 loans originated11.5%2022 denial rate126,453 applications actioned56.2%39.7%
2021705188,620135,622$25.73B2021 origination volume135,622 loans originated9.9%2021 denial rate188,620 applications actioned41.5%65.9%
2020678190,529139,516$26.33B2020 origination volume139,516 loans originated9.4%2020 denial rate190,529 applications actioned37.7%69.6%
2019705133,06296,827$15.77B2019 origination volume96,827 loans originated11.4%2019 denial rate133,062 applications actioned50.6%50.3%
2018663119,73886,359$12.33B2018 origination volume86,359 loans originated12.5%2018 denial rate119,738 applications actioned58.1%38.4%

Attribution & methodology. Benchmarks are computed by MortRadar from Home Mortgage Disclosure Act (HMDA) public data files published by the Consumer Financial Protection Bureau (CFPB) and the Federal Financial Institutions Examination Council (FFIEC), covering activity years 2018–2025. Originations = loans originated (action taken 1); denial rate = denials / actioned applications (CFPB Data Browser convention); loan amounts are the public files' midpoint-rounded values. MortRadar's aggregations are derived works and are not published, reviewed, or endorsed by the CFPB, FFIEC, or any government agency. See data attribution and the disclaimer.

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