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Fayette County, Iowa
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Fayette County, Iowa, saw 560 HMDA-reported applications and 358 originations ($37m) in 2024.
That is 42.9 originations per 1,000 households, against 51.5 for Iowa and 48.0 nationally.
The county's denial rate was 21.0%, above the state rate of 15.9%. The median rate spread on originated loans was 0.4 percentage points and 10.9% of originations were 1.5 points or more above the average prime offer rate.
2 lenders reached 25 applications in the county; the most active by originations were Veridian Credit Union (131) and Greenstate Credit Union (19).
Originations were down 7% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Veridian Credit Union | 177 | 131 | $7.8m | 12.3% | — |
| 2 | Greenstate Credit Union | 31 | 19 | $2.5m | — | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 2. Denial rate is denials over decided applications in this county.
Compared with Iowa and the nation
| Measure | This county | Iowa | United States |
|---|---|---|---|
| Denial rate | 21.0% | 15.9% | 24.3% |
| Median rate spread, pp | 0.4 | 0.2 | 0.3 |
| Originations with spread of 1.5 pp or more | 10.9% | 15.6% | 15.6% |
| Average originated loan | $104k | $187k | $329k |
| Originations per 1,000 households | 42.9 | 51.5 | 48.0 |
| Home purchase share of originations | 57.3% | 57.7% | 57.0% |
| FHA-insured share | 6.4% | 8.2% | 13.4% |
| VA-guaranteed share | 4.5% | 5.2% | 7.9% |
Rate spread distribution
Share of 201 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Iowa). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 57% (205)Home improvement 12% (44)Refinancing 13% (45)Cash-out refinancing 6% (22)Other purpose 12% (42)
By type
Conventional 86% (308)FHA 6% (23)VA 4% (16)USDA 3% (11)
Trend by year
ApplicationsOriginations
This countyIowa
Questions and answers
Which lenders are most active in Fayette County, IA?
By 2024 originations: Veridian Credit Union (131), Greenstate Credit Union (19). 2 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Fayette County?
21.0% of decided applications were denied in 2024, against 15.9% across Iowa and 24.3% nationally.
How many mortgages were originated in Fayette County in 2024?
358 loans totalling $37m, from 560 applications; 42.9 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 19065; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.