Iowa
Mortgage Loan Application
Totals and Details
in 2003

Find mortgage statistics and mortgage data for Iowa.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2021 in all of Iowa.
You can organize this information by metropolitan area and by county.

Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 311,504
Total Mortgage Loan Application Amount $30,400,340,000
Average Mortgage Loan Application Amount $97,000
Highest Mortgage Loan Application Amount $20,250,000
Average Applicant Income $52,000
Highest Applicant Income $9,999,000

Mortgage stats and application averages for each year are shown below, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or loan application data statistics in Iowa, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists can also be organized by various details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.

Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, and the highest mortgage within that category. You can also look at information regarding the average income of the mortgage applicants and the highest income of the mortgage applicants. If you're looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

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Mortgage Loan Application Detail Totals for Iowa in 2003

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing (home purchase or home improvement, one-to-four family) 222,314 $22,507,364,000 $101,000 $7,200,000 $54,000 $9,999,000
Home Purchase (one-to-four family) 72,632 $7,299,724,000 $100,000 $3,030,000 $50,000 $9,999,000
Home Improvement (one-to-four family) 16,159 $347,818,000 $21,000 $2,000,000 $53,000 $1,218,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 399 $245,434,000 $615,000 $20,250,000 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 236,832 $23,149,778,000 $97,000 $7,200,000 $55,000 $9,999,000
Information not provided by applicant in mail or telephone application 38,046 $3,182,206,000 $83,000 $2,800,000 $55,000 $5,020,000
Not applicable 22,307 $2,763,870,000 $123,000 $20,250,000 $14,000 $6,671,000
Hispanic 4,424 $332,620,000 $75,000 $627,000 $43,000 $1,360,000
Black 3,350 $282,268,000 $84,000 $950,000 $53,000 $1,800,000
Asian or Pacific Islander 2,901 $319,092,000 $109,000 $6,920,000 $61,000 $857,000
Other 2,875 $303,584,000 $105,000 $6,080,000 $66,000 $1,126,000
American Indian or Alaskan Native 769 $66,922,000 $87,000 $500,000 $50,000 $420,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 294,424 $28,872,210,000 $98,000 $20,250,000 $55,000 $9,999,000
FHA-insured (Federal Housing Administration) 11,319 $985,300,000 $87,000 $5,278,000 $27,000 $684,000
VA-guaranteed (Veterans Administration) 4,558 $466,989,000 $102,000 $323,000 $28,000 $1,590,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1,203 $75,841,000 $63,000 $200,000 $28,000 $378,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 170,059 $17,179,830,000 $101,000 $20,250,000 $59,000 $9,999,000
Loan Purchased By The Institution 47,283 $5,240,918,000 $110,000 $998,000 $34,000 $4,416,000
Application Denied By Financial Institution 44,539 $3,474,167,000 $78,000 $7,200,000 $50,000 $9,999,000
Application Withdrawn By Applicant 26,270 $2,387,452,000 $90,000 $2,000,000 $53,000 $3,000,000
Application Approved But Not Accepted 16,112 $1,427,897,000 $88,000 $966,000 $54,000 $1,413,000
File Closed For Incompleteness 7,241 $690,076,000 $95,000 $1,000,000 $62,000 $8,181,000

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 12,383 $831,400,000 $67,000 $7,200,000 $47,000 $4,824,000
Credit Application Incomplete 5,731 $609,843,000 $106,000 $920,000 $57,000 $1,590,000
Other 5,693 $466,524,000 $81,000 $3,800,000 $53,000 $1,245,000
Collateral 4,324 $384,218,000 $88,000 $1,250,000 $61,000 $9,999,000
Debt-To-Income Ratio 4,142 $328,545,000 $79,000 $5,278,000 $43,000 $912,000
Insufficient Cash (Downpayment, Closing Cost) 423 $33,590,000 $79,000 $354,000 $45,000 $327,000
Employment History 397 $30,208,000 $76,000 $468,000 $43,000 $641,000
Unverifiable Information 375 $36,874,000 $98,000 $650,000 $63,000 $3,762,000
Mortgage Insurance Denied 4 $355,000 $88,000 $156,000 $53,000 $62,000
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Mortgage Loan Application Totals in 2003 by Iowa Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
CEDAR RAPIDS, IA 30,724 $ 3,286,850,000 $ 106,000 $ 56,000
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 25,970 $ 2,613,397,000 $ 100,000 $ 55,000
DES MOINES, IA 75,519 $ 8,465,928,000 $ 112,000 $ 61,000
DUBUQUE, IA 11,620 $ 1,160,023,000 $ 99,000 $ 50,000
IOWA CITY, IA 16,728 $ 2,211,851,000 $ 132,000 $ 69,000
SIOUX CITY, IA-NE 10,738 $ 836,813,000 $ 77,000 $ 50,000
WATERLOO-CEDAR FALLS, IA 13,585 $ 1,156,950,000 $ 85,000 $ 50,000
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Mortgage Loan Application Totals in 2003 by Iowa County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Adair 490 $ 34,353,000 $ 70,000 $ 42,000
Adams 182 $ 10,949,000 $ 60,000 $ 44,000
Allamakee 531 $ 43,151,000 $ 81,000 $ 50,000
Appanoose 691 $ 43,937,000 $ 63,000 $ 46,000
Audubon 284 $ 16,847,000 $ 59,000 $ 51,000
Benton 3,041 $ 282,407,000 $ 92,000 $ 49,000
Black Hawk 13,608 $ 1,159,220,000 $ 85,000 $ 50,000
Boone 2,489 $ 217,576,000 $ 87,000 $ 48,000
Bremer 2,126 $ 206,249,000 $ 97,000 $ 49,000
Buchanan 1,637 $ 128,278,000 $ 78,000 $ 47,000
Buena Vista 1,028 $ 71,449,000 $ 69,000 $ 41,000
Butler 1,221 $ 87,407,000 $ 71,000 $ 44,000
Calhoun 567 $ 46,306,000 $ 81,000 $ 52,000
Carroll 979 $ 78,002,000 $ 79,000 $ 47,000
Cass 1,195 $ 75,296,000 $ 63,000 $ 47,000
Cedar 2,136 $ 183,198,000 $ 85,000 $ 55,000
Cerro Gordo 4,105 $ 335,565,000 $ 81,000 $ 53,000
Cherokee 583 $ 37,362,000 $ 64,000 $ 45,000
Chickasaw 571 $ 42,756,000 $ 74,000 $ 46,000
Clarke 649 $ 52,751,000 $ 81,000 $ 45,000
Clay 1,368 $ 111,896,000 $ 81,000 $ 46,000
Clayton 786 $ 59,510,000 $ 75,000 $ 46,000
Clinton 3,883 $ 297,149,000 $ 76,000 $ 49,000
Crawford 722 $ 47,991,000 $ 66,000 $ 47,000
Dallas 7,886 $ 1,026,882,000 $ 130,000 $ 75,000
Davis 332 $ 23,689,000 $ 71,000 $ 43,000
Decatur 411 $ 26,522,000 $ 64,000 $ 42,000
Delaware 1,234 $ 102,759,000 $ 83,000 $ 49,000
Des Moines 2,887 $ 209,683,000 $ 72,000 $ 47,000
Dickinson 1,920 $ 264,734,000 $ 137,000 $ 102,000
Dubuque 11,713 $ 1,170,209,000 $ 99,000 $ 50,000
Emmet 548 $ 33,487,000 $ 61,000 $ 44,000
Fayette 1,130 $ 74,597,000 $ 66,000 $ 46,000
Floyd 653 $ 44,408,000 $ 68,000 $ 43,000
Franklin 499 $ 32,263,000 $ 64,000 $ 48,000
Fremont 595 $ 48,150,000 $ 80,000 $ 43,000
Greene 761 $ 46,841,000 $ 61,000 $ 52,000
Grundy 1,159 $ 93,672,000 $ 80,000 $ 48,000
Guthrie 1,075 $ 110,910,000 $ 103,000 $ 65,000
Hamilton 1,067 $ 82,553,000 $ 77,000 $ 48,000
Hancock 639 $ 41,316,000 $ 64,000 $ 42,000
Hardin 1,189 $ 84,382,000 $ 70,000 $ 46,000
Harrison 1,526 $ 126,377,000 $ 82,000 $ 50,000
Henry 1,316 $ 99,276,000 $ 75,000 $ 48,000
Howard 396 $ 29,746,000 $ 75,000 $ 46,000
Humboldt 715 $ 48,279,000 $ 67,000 $ 44,000
Ida 233 $ 14,814,000 $ 63,000 $ 43,000
Iowa 1,487 $ 141,948,000 $ 95,000 $ 54,000
Jackson 1,609 $ 128,150,000 $ 79,000 $ 47,000
Jasper 4,011 $ 351,347,000 $ 87,000 $ 49,000
Jefferson 908 $ 87,501,000 $ 96,000 $ 58,000
Johnson 16,755 $ 2,214,826,000 $ 132,000 $ 69,000
Jones 1,583 $ 136,890,000 $ 86,000 $ 48,000
Keokuk 623 $ 39,591,000 $ 63,000 $ 44,000
Kossuth 964 $ 70,210,000 $ 72,000 $ 43,000
Lee 1,491 $ 102,491,000 $ 68,000 $ 49,000
Linn 30,879 $ 3,303,921,000 $ 106,000 $ 56,000
Louisa 629 $ 50,076,000 $ 79,000 $ 40,000
Lucas 713 $ 46,970,000 $ 65,000 $ 43,000
Lyon 758 $ 56,553,000 $ 74,000 $ 43,000
Madison 1,949 $ 210,732,000 $ 108,000 $ 56,000
Mahaska 1,427 $ 109,876,000 $ 76,000 $ 49,000
Marion 3,390 $ 321,110,000 $ 94,000 $ 52,000
Marshall 3,073 $ 232,991,000 $ 75,000 $ 48,000
Mills 1,970 $ 218,370,000 $ 110,000 $ 57,000
Mitchell 457 $ 32,800,000 $ 71,000 $ 42,000
Monona 579 $ 38,989,000 $ 67,000 $ 46,000
Monroe 375 $ 25,701,000 $ 68,000 $ 43,000
Montgomery 871 $ 58,275,000 $ 66,000 $ 43,000
Muscatine 3,719 $ 322,348,000 $ 86,000 $ 47,000
O'Brien 636 $ 39,461,000 $ 62,000 $ 44,000
Osceola 292 $ 16,544,000 $ 56,000 $ 44,000
Page 897 $ 57,103,000 $ 63,000 $ 46,000
Palo Alto 590 $ 35,796,000 $ 60,000 $ 47,000
Plymouth 1,738 $ 163,912,000 $ 94,000 $ 58,000
Pocahontas 365 $ 19,936,000 $ 54,000 $ 39,000
Polk 61,844 $ 6,820,039,000 $ 110,000 $ 58,000
Pottawattamie 12,636 $ 1,159,385,000 $ 91,000 $ 53,000
Poweshiek 1,411 $ 126,714,000 $ 89,000 $ 52,000
Ringgold 276 $ 23,652,000 $ 85,000 $ 65,000
Sac 268 $ 16,014,000 $ 59,000 $ 49,000
Scott 26,015 $ 2,616,704,000 $ 100,000 $ 55,000
Shelby 689 $ 52,769,000 $ 76,000 $ 47,000
Sioux 1,483 $ 122,901,000 $ 82,000 $ 56,000
Story 6,874 $ 809,111,000 $ 117,000 $ 61,000
Tama 1,157 $ 85,191,000 $ 73,000 $ 49,000
Taylor 257 $ 14,715,000 $ 57,000 $ 42,000
Union 805 $ 58,186,000 $ 72,000 $ 43,000
Van Buren 208 $ 12,787,000 $ 61,000 $ 43,000
Wapello 2,372 $ 153,372,000 $ 64,000 $ 45,000
Warren 6,058 $ 654,720,000 $ 108,000 $ 57,000
Washington 1,903 $ 173,601,000 $ 91,000 $ 48,000
Wayne 308 $ 18,040,000 $ 58,000 $ 39,000
Webster 3,379 $ 241,292,000 $ 71,000 $ 47,000
Winnebago 475 $ 32,246,000 $ 67,000 $ 47,000
Winneshiek 884 $ 88,290,000 $ 99,000 $ 50,000
Woodbury 10,766 $ 838,833,000 $ 77,000 $ 50,000
Worth 545 $ 33,883,000 $ 62,000 $ 40,000
Wright 789 $ 49,067,000 $ 62,000 $ 57,000

We hope these mortgage application details and statistics will give you a better idea of what to expect when applying for a mortgage.
Whether you are looking for a home loan, for home financing or refinancing, or for home improvement loan statistics, we have the information you need.
These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender in Iowa.

If you prefer, you can download a copy of the entire list of mortgage lenders in Iowa and search similar information back through 2003.

Download the Iowa Lender List