Lender profile · HMDA 2023–2025
MidWestOne Bank mortgage approval rates & lending data
MidWestOne Bank decided 1,116 mortgage applications and funded 912 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 94% | 345 / 368 | 99% | $245K | 340 |
| Home improvement loans | 74% | 160 / 216 | 98% | $85K | 156 |
| Cash-out refinance | 70% | 19 / 27 | 100% | $245K | 19 |
| Refinance | 81% | 292 / 359 | 97% | $115K | 283 |
| Investment property purchase | 87% | 74 / 85 | 95% | $205K | 70 |
| Investment refinance | 88% | 29 / 33 | 97% | $155K | 28 |
MidWestOne Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Iowa | 88% | $165K | 566 | 483 |
| Minnesota | 82% | $155K | 401 | 320 |
| Colorado | 76% | $205K | 59 | 44 |
| Florida | 77% | $315K | 43 | 29 |
| Illinois | 69% | $225K | 16 | 11 |
| Wisconsin | 80% | $255K | 15 | 12 |
| Missouri | 100% | $225K | 4 | 4 |
| Arizona | 100% | $345K | 3 | 3 |
| Ohio | 100% | $565K | 2 | 2 |
| Alabama | 100% | $195K | 1 | 1 |
| California | 0% | — | 1 | 0 |
| Maryland | 0% | — | 1 | 0 |
| Michigan | 100% | $55K | 1 | 1 |
| North Dakota | 100% | $305K | 1 | 1 |
| Tennessee | 100% | $525K | 1 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.