Bank Iowa
Mortgage Loan Application
Totals and Details
for 2017

Find mortgage statistics in Iowa.
The mortgage statistics provided below are specific to mortgages loaned by Bank Iowa, and
charts are available for all areas of Iowa.
Search for mortgage details by county or metropolitan area and explore the total number of mortgage applications and mortgage application details for 2003-2017.

Mortgage Company & Address Bank Iowa
1150 Jordan Creek Parkway
West Des Moines, IA 50266
Tel #: available with data download
Federal Regulator * available with data download
Years 2017  2016  2015  2014  2013  2012  
Total Number of Mortgage Applications 720
Total Mortgage Loan Application Amount $100,456,000
Average Mortgage Loan Application Amount $144,196
Highest Mortgage Loan Application Amount $3,695,000
Average Applicant Income $86,375
Highest Applicant Income $2,903,000

We provide overall totals and averages for each year, as well as highest application amount and the income of the highest applicant.
As you search for the best mortgages in IA, our lists will give you a good idea what to expect in any situation.
These numbers will tell you what the best mortgage loans are by county, by race, and per income. With this information, you can be prepared to get the best mortgage price when you search out a mortgage lender.

Download the Iowa Lender List

Our numbers detail mortgage loan totals in 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, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage applicants in Iowa, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Bank Iowa in 2017

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 424 $46,845,000 $110,000 $750,000 $67,000 $1,558,000
Refinancing 257 $51,271,000 $199,000 $3,695,000 $115,000 $2,903,000
Home Improvement 39 $2,340,000 $60,000 $286,000 $70,000 $361,000

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 612 $90,648,000 $148,000 $3,695,000 $93,000 $2,903,000
Hispanic 37 $2,260,000 $61,000 $120,000 $61,000 $155,000
Not applicable 36 $5,323,000 $147,000 $1,620,000 $0 $22,000
American Indian or Alaskan Native 18 $510,000 $28,000 $75,000 $40,000 $75,000
Not Provided 7 $583,000 $83,000 $232,000 $40,000 $90,000
Black or African American 5 $533,000 $106,000 $136,000 $47,000 $63,000
Asian 4 $557,000 $139,000 $302,000 $62,000 $105,000
Native Hawaiin or Other Pacific Islander 1 $42,000 $42,000 $42,000 $119,000 $119,000

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) 663 $92,958,000 $140,000 $3,695,000 $85,000 $2,903,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 57 $7,498,000 $131,000 $1,399,000 $81,000 $2,059,000
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0

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 636 $92,747,000 $145,000 $3,695,000 $88,000 $2,903,000
Application Approved But Not Accepted 34 $3,642,000 $107,000 $360,000 $70,000 $354,000
Application Denied By Financial Institution 33 $2,688,000 $81,000 $320,000 $41,000 $153,000
Application Withdrawn By Applicant 16 $1,311,000 $81,000 $230,000 $69,000 $469,000
File Closed For Incompleteness 1 $68,000 $68,000 $68,000 $87,000 $87,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage application data give you everything you need to know as you start your search for the best lenders in IA, and give you an idea of what the best mortgage loans really are.

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