Lender in Iowa · HMDA 2025
Lower, LLC mortgages in Iowa
Lower, LLC's 2025 home-purchase and refinance lending in Iowa, compared with all lenders in the state.
Lower, LLC originated 461 owner-occupied single-family loans in Iowa from 497 completed applications, making it the state's #19 lender by volume.
Its median conventional purchase loan costs were $2,820 versus $2,380 for all Iowa lenders, at a median 30-year fixed rate of 6.75% (Iowa: 6.375%).
Loans in IA
461
of 497 applications
Denial rate
4.3%
Purchase · IA 6.3%
Rate spread
+0.46 pts
Conv. · IA −0.05 pts
Loan amount
$235,000
Purchase · IA $215,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 376 | 358 | 4.3% | 6.750% | +0.46 pts | $2,820 | $235,000 |
| Refinance | 85 | 76 | 9.4% | 6.625% | +0.24 pts | $2,890 | $305,000 |
| Cash-out refinance | 36 | 27 | 19.4% | — | — | — | $265,000 |
*Conventional loans only; medians with at least 20 loans.
Iowa counties where Lower, LLC ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Scott County | 4 | 187 | 6.7% |
| Boone County | 8 | 13 | 3.2% |
| Van Buren County | 10 | 1 | 3.5% |
| Clinton County | 11 | 16 | 3.0% |
| Chickasaw County | 11 | 4 | 2.6% |
| Carroll County | 13 | 3 | 1.7% |
| Hamilton County | 15 | 3 | 2.1% |
| Muscatine County | 17 | 6 | 1.4% |
| Polk County | 19 | 121 | 1.5% |
| Dallas County | 20 | 30 | 1.2% |
| Marion County | 20 | 7 | 1.6% |
| Franklin County | 21 | 1 | 2.2% |
| Warren County | 22 | 15 | 1.2% |
| Wayne County | 22 | 1 | 1.4% |
| Sac County | 23 | 1 | 1.1% |
- Lower, LLC nationwide
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Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology