Iowa
Mortgage Loan Application
Totals and Details
in 2019

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 2003-2019 in all of Iowa.
You can organize this information by metropolitan area and by county.

Years 2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 150,881
Total Mortgage Loan Application Amount $24,223,465,000
Average Mortgage Loan Application Amount $160,000
Highest Mortgage Loan Application Amount $38,735,000
Average Applicant Income $94,000
Highest Applicant Income $8,891,000

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 2019

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
Home Purchase 71,570 $12,354,220,000 $172,000 $38,735,000 $88,000 $8,891,000
Refinancing 35,634 $6,809,000,000 $191,000 $29,485,000 $106,000 $6,073,000
Cash-out Refinancing 22,692 $3,772,870,000 $166,000 $20,405,000 $95,000 $3,588,000
Home Improvement 9,914 $523,200,000 $52,000 $5,325,000 $96,000 $2,952,000
Other Purpose 9,676 $621,580,000 $64,000 $12,865,000 $94,000 $3,427,000
Not Applicable 1,395 $142,595,000 $102,000 $725,000 $61,000 $188,000

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 112,216 $16,537,320,000 $147,000 $7,005,000 $95,000 $8,891,000
Not applicable 17,502 $4,599,150,000 $262,000 $38,735,000 $98,000 $1,485,000
Not Provided 11,055 $1,712,945,000 $154,000 $3,205,000 $99,000 $2,710,000
Hispanic 4,546 $527,490,000 $116,000 $665,000 $69,000 $1,036,000
Asian 2,489 $444,235,000 $178,000 $5,465,000 $103,000 $1,700,000
Black or African American 2,298 $295,730,000 $128,000 $785,000 $73,000 $1,677,000
American Indian or Alaskan Native 400 $48,700,000 $121,000 $655,000 $77,000 $682,000
Native Hawaiian or Other Pacific Islander 74 $10,080,000 $136,000 $415,000 $90,000 $688,000

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) 122,829 $19,640,915,000 $159,000 $38,735,000 $100,000 $8,891,000
FHA-insured (Federal Housing Administration) 14,660 $2,099,040,000 $143,000 $20,255,000 $60,000 $1,932,000
VA-guaranteed (Veterans Administration) 9,880 $2,066,930,000 $209,000 $1,005,000 $76,000 $968,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3,512 $416,580,000 $118,000 $375,000 $49,000 $209,000

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 96,491 $15,676,855,000 $162,000 $38,735,000 $98,000 $6,073,000
Loan Purchased By The Institution 19,112 $3,735,710,000 $195,000 $1,905,000 $99,000 $2,267,000
Application Denied By Financial Institution 14,805 $1,691,555,000 $114,000 $15,205,000 $70,000 $3,200,000
Application Withdrawn By Applicant 14,522 $2,174,390,000 $149,000 $19,255,000 $93,000 $3,588,000
Application Approved But Not Accepted 2,955 $485,405,000 $164,000 $20,405,000 $94,000 $8,891,000
File Closed For Incompleteness 2,882 $442,700,000 $153,000 $5,465,000 $90,000 $2,307,000
Preapproval Approved but not Accepted 86 $13,840,000 $160,000 $905,000 $79,000 $338,000
Preapproval Denied by Financial Institution 28 $3,010,000 $107,000 $255,000 $67,000 $179,000

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
Not applicable 123,573 $20,422,125,000 $165,000 $38,735,000 $97,000 $6,073,000
Debt-To-Income Ratio 16,771 $2,637,275,000 $157,000 $16,125,000 $87,000 $8,891,000
Credit History 4,621 $376,745,000 $81,000 $1,555,000 $69,000 $1,913,000
Collateral 1,985 $235,395,000 $118,000 $2,105,000 $83,000 $2,078,000
Credit Application Incomplete 1,610 $242,230,000 $150,000 $995,000 $87,000 $3,000,000
Other 1,461 $185,565,000 $127,000 $15,205,000 $78,000 $2,710,000
Unverifiable Information 318 $46,960,000 $147,000 $1,505,000 $102,000 $3,200,000
Insufficient Cash (Downpayment, Closing Cost) 271 $41,455,000 $152,000 $1,055,000 $68,000 $586,000
Employment History 266 $35,260,000 $132,000 $1,265,000 $53,000 $330,000
Mortgage Insurance Denied 5 $455,000 $91,000 $115,000 $63,000 $136,000
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Mortgage Loan Application Totals in 2019 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
AMES, IA 4,966 $ 916,380,000 $ 184,000 $ 97,000
CEDAR RAPIDS, IA 18,591 $ 2,694,035,000 $ 144,000 $ 92,000
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 9,967 $ 1,868,545,000 $ 187,000 $ 102,000
DES MOINES-WEST DES MOINES, IA 45,231 $ 8,757,455,000 $ 193,000 $ 105,000
DUBUQUE, IA 4,842 $ 708,760,000 $ 146,000 $ 93,000
IOWA CITY, IA 11,344 $ 2,110,430,000 $ 186,000 $ 115,000
SIOUX CITY, IA-NE-SD 3,854 $ 519,630,000 $ 134,000 $ 77,000
WATERLOO-CEDAR FALLS, IA 9,237 $ 1,201,135,000 $ 130,000 $ 84,000
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Mortgage Loan Application Totals in 2019 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 217 $ 23,825,000 $ 109,000 $ 67,000
Adams 96 $ 12,180,000 $ 126,000 $ 66,000
Allamakee 321 $ 36,795,000 $ 114,000 $ 74,000
Appanoose 359 $ 40,125,000 $ 111,000 $ 77,000
Audubon 129 $ 15,265,000 $ 118,000 $ 74,000
Benton 1,563 $ 187,855,000 $ 120,000 $ 81,000
Black Hawk 7,316 $ 946,220,000 $ 129,000 $ 84,000
Boone 1,434 $ 200,340,000 $ 139,000 $ 84,000
Bremer 1,258 $ 178,350,000 $ 141,000 $ 86,000
Buchanan 1,076 $ 105,700,000 $ 98,000 $ 77,000
Buena Vista 467 $ 54,685,000 $ 117,000 $ 71,000
Butler 644 $ 73,860,000 $ 114,000 $ 75,000
Calhoun 254 $ 26,760,000 $ 105,000 $ 81,000
Carroll 524 $ 63,980,000 $ 122,000 $ 75,000
Cass 352 $ 34,820,000 $ 98,000 $ 59,000
Cedar 1,045 $ 142,185,000 $ 136,000 $ 85,000
Cerro Gordo 937 $ 151,395,000 $ 161,000 $ 101,000
Cherokee 286 $ 32,270,000 $ 112,000 $ 72,000
Chickasaw 333 $ 35,915,000 $ 107,000 $ 76,000
Clarke 340 $ 44,940,000 $ 132,000 $ 63,000
Clay 600 $ 77,000,000 $ 128,000 $ 74,000
Clayton 600 $ 67,170,000 $ 111,000 $ 75,000
Clinton 1,382 $ 179,270,000 $ 129,000 $ 74,000
Crawford 375 $ 38,015,000 $ 101,000 $ 69,000
Dallas 7,775 $ 1,848,695,000 $ 237,000 $ 126,000
Davis 172 $ 19,780,000 $ 115,000 $ 71,000
Decatur 201 $ 18,805,000 $ 93,000 $ 68,000
Delaware 796 $ 97,200,000 $ 122,000 $ 82,000
Des Moines 1,137 $ 131,735,000 $ 115,000 $ 75,000
Dickinson 1,374 $ 318,200,000 $ 231,000 $ 150,000
Dubuque 4,847 $ 708,955,000 $ 146,000 $ 93,000
Emmet 240 $ 25,860,000 $ 107,000 $ 73,000
Fayette 639 $ 61,735,000 $ 96,000 $ 70,000
Floyd 236 $ 23,970,000 $ 101,000 $ 67,000
Franklin 141 $ 11,455,000 $ 81,000 $ 60,000
Fremont 262 $ 31,750,000 $ 121,000 $ 70,000
Greene 239 $ 24,385,000 $ 102,000 $ 65,000
Grundy 666 $ 76,760,000 $ 115,000 $ 81,000
Guthrie 573 $ 94,135,000 $ 164,000 $ 131,000
Hamilton 377 $ 43,635,000 $ 115,000 $ 75,000
Hancock 226 $ 22,390,000 $ 99,000 $ 70,000
Hardin 503 $ 49,315,000 $ 98,000 $ 68,000
Harrison 536 $ 69,160,000 $ 129,000 $ 86,000
Henry 484 $ 56,990,000 $ 117,000 $ 69,000
Howard 103 $ 9,965,000 $ 96,000 $ 64,000
Humboldt 327 $ 37,335,000 $ 114,000 $ 82,000
Ida 144 $ 16,490,000 $ 114,000 $ 72,000
Iowa 843 $ 107,125,000 $ 127,000 $ 85,000
Jackson 479 $ 67,185,000 $ 140,000 $ 78,000
Jasper 1,807 $ 235,245,000 $ 130,000 $ 77,000
Jefferson 440 $ 51,170,000 $ 116,000 $ 78,000
Johnson 10,017 $ 1,946,705,000 $ 194,000 $ 119,000
Jones 919 $ 121,845,000 $ 132,000 $ 87,000
Keokuk 307 $ 27,465,000 $ 89,000 $ 64,000
Kossuth 377 $ 37,315,000 $ 98,000 $ 72,000
Lee 505 $ 52,345,000 $ 103,000 $ 74,000
Linn 16,115 $ 2,384,565,000 $ 147,000 $ 93,000
Louisa 346 $ 36,590,000 $ 105,000 $ 66,000
Lucas 381 $ 42,395,000 $ 111,000 $ 67,000
Lyon 448 $ 62,000,000 $ 138,000 $ 78,000
Madison 1,056 $ 204,170,000 $ 193,000 $ 103,000
Mahaska 745 $ 84,155,000 $ 112,000 $ 80,000
Marion 1,397 $ 213,035,000 $ 152,000 $ 89,000
Marshall 1,140 $ 141,570,000 $ 124,000 $ 77,000
Mills 801 $ 130,785,000 $ 163,000 $ 89,000
Mitchell 101 $ 10,665,000 $ 105,000 $ 67,000
Monona 265 $ 27,515,000 $ 103,000 $ 80,000
Monroe 193 $ 20,645,000 $ 106,000 $ 73,000
Montgomery 337 $ 29,335,000 $ 87,000 $ 65,000
Muscatine 1,499 $ 188,815,000 $ 125,000 $ 78,000
O'Brien 296 $ 37,480,000 $ 126,000 $ 68,000
Osceola 148 $ 15,680,000 $ 105,000 $ 68,000
Page 384 $ 40,060,000 $ 104,000 $ 73,000
Palo Alto 219 $ 25,295,000 $ 115,000 $ 67,000
Plymouth 920 $ 146,310,000 $ 159,000 $ 86,000
Pocahontas 126 $ 11,400,000 $ 90,000 $ 63,000
Polk 30,524 $ 5,710,240,000 $ 187,000 $ 101,000
Pottawattamie 4,423 $ 652,905,000 $ 147,000 $ 86,000
Poweshiek 951 $ 112,555,000 $ 118,000 $ 88,000
Ringgold 163 $ 27,935,000 $ 171,000 $ 161,000
Sac 176 $ 18,800,000 $ 106,000 $ 81,000
Scott 9,970 $ 1,868,650,000 $ 187,000 $ 102,000
Shelby 272 $ 32,300,000 $ 118,000 $ 78,000
Sioux 1,241 $ 202,095,000 $ 162,000 $ 85,000
Story 3,535 $ 716,165,000 $ 202,000 $ 102,000
Tama 526 $ 59,060,000 $ 112,000 $ 69,000
Taylor 125 $ 10,915,000 $ 87,000 $ 77,000
Union 312 $ 36,460,000 $ 116,000 $ 70,000
Van Buren 104 $ 10,660,000 $ 102,000 $ 72,000
Wapello 821 $ 75,905,000 $ 92,000 $ 73,000
Warren 3,532 $ 666,510,000 $ 188,000 $ 102,000
Washington 1,340 $ 164,420,000 $ 122,000 $ 80,000
Wayne 181 $ 18,225,000 $ 100,000 $ 70,000
Webster 1,272 $ 127,080,000 $ 99,000 $ 75,000
Winnebago 258 $ 28,180,000 $ 109,000 $ 66,000
Winneshiek 334 $ 54,450,000 $ 163,000 $ 93,000
Woodbury 3,855 $ 519,675,000 $ 134,000 $ 77,000
Worth 175 $ 19,175,000 $ 109,000 $ 63,000
Wright 274 $ 24,620,000 $ 89,000 $ 71,000

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