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investment property lenders · HMDA 2023–2025

Investment property lenders in Polk County, Iowa

Fat Boy Data analyzed investment property mortgage activity in Polk County, Iowa to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 2,002 applications were decided by 194 lenders between 2023 and 2025.

Polk County at a glance

194Active lenders26 with 20+ decisions
94.5%Market approval rate1,892 of 2,002 decided
$155KTypical loanmedian lender, $10K brackets
98%Borrower take-up1,849 loans funded

How Polk County compares

Approval rate compared
Polk County94.5%Iowa96.0%All 616 counties87.5%
Typical loan compared
Polk County$155KIowa$135KAll 616 counties$255K

What the data shows

GREENSTATE Credit Union made the most investment property mortgages in Polk County, IA, 141 of them.

Community State Bank approved the highest share of applications among lenders with at least 20 decisions here, 100% of 112.

The typical investment property mortgage here is $155K, 15% larger than the Iowa typical of $135K.

Approval rate of all 26 lenders with 20+ decisions here
0%25%50%75%100%U.S. Bank National Association: 82% approved of 34Dhi Mortgage Company, Ltd.: 84% approved of 25Kiavi Funding, Inc.: 86% approved of 21Central Bank: 89% approved of 27United Wholesale Mortgage, LLC: 90% approved of 29Midwest Heritage Bank, FSB: 90% approved of 20Veridian Credit Union: 93% approved of 68Iowa Bankers Mortgage Corporation: 93% approved of 89Raccoon Valley Bank: 97% approved of 86Financial Plus Credit Union: 97% approved of 34Home State Bank: 97% approved of 38State Savings Bank: 98% approved of 43Bank Iowa: 98% approved of 47GREENSTATE Credit Union: 98% approved of 147Fidelity Bank: 98% approved of 53Community Choice Credit Union: 98% approved of 56Luana Savings Bank: 99% approved of 74Community State Bank: 100% approved of 112Northwest Bank: 100% approved of 87First National Bank, Ames, Iowa: 100% approved of 36Lincoln Savings Bank: 100% approved of 34Contract Exchange Corporation: 100% approved of 30Availa Bank: 100% approved of 28Trubank: 100% approved of 27First State Bank: 100% approved of 25Iowa State Bank: 100% approved of 22

Each dot is one lender, placed at its approval rate. Hover for the name and sample size.

Investment property lenders in Polk County

LenderApprovalApprovedTaken upTypical loanLoans made
1GREENSTATE Credit Union98%144 / 14798%$145K141
2Community State Bank100%112 / 11299%$315K111
3Iowa Bankers Mortgage Corporation93%83 / 8999%$155K82
4Northwest Bank100%87 / 8799%$165K86
5Raccoon Valley Bank97%83 / 86100%$125K83

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals the borrower accepted. Lenders with fewer than 20 decisions are marked as a limited sample and are never used for a “highest approval” claim. How these numbers are built.

Fat Boy found 189 more lenders.

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