Name of the lender

Residential Mortgage Network, Inc.Mortgage rates, total loan costs and denial rate, 2025

HMDA year2025

Years filed2018 to 2025

Head office: Iowa City, IA
Reporting agency: Department of Housing and Urban Development (HUD)
Legal Entity Identifier (LEI)

Figures by state (CSV)

Residential Mortgage Network, Inc. reported 598 mortgage applications in the HMDA data of 2025.

It originated 540 loans in 2025, for $125 million in total.

The median interest rate of its loans in 2025 was 6.375%, and the national median was 6.375%.

The median total loan costs of its loans in 2025 were $2,838, and the national median was $6,413.

It denied 0.9% of the applications that it decided in 2025, and the national denial rate was 22.6%.

Filed figures of Residential Mortgage Network, Inc., 2025
Figure	This lender	United States
Applications	598Under 0.1% of the US total	11,766,671
Loans originated	540$125 million	6,827,891
Median interest rate	6.375%	6.375%
Median total loan costs	$2,838	$6,413
Denial rate	0.9%	22.6%

HMDA data are generally not used alone 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.
The words of the Consumer Financial Protection Bureau (CFPB). Source: Consumer Financial Protection Bureau, Summary of 2023 Data on Mortgage Lending (11 July 2024), copied on 2 Oct 2026. The figures on this page are from the HMDA data of 2025, the snapshot dataset.

Since the last update

No change on record

No tracked figure of this lender has changed since this site started its record. The record compares each update of the HMDA data with the update before it. The record of updates.

PricingMedians of 2025 loans

Interest rate and total loan costs of Residential Mortgage Network, Inc. by loan type, 2025Medians. Each value has the national median of the same loan type under it.
Loan type	Loans in the medians	Interest rate	Total loan costs	Rate spread, points
All loans	522	6.375%US 6.375%	$2,838US $6,413	0.158US 0.161
Conventional	233	6.625%US 6.500%	$2,323US $5,393	0.195US 0.175
FHA-insured	94	6.375%US 6.250%	$6,127US $11,084	0.552US 0.432
VA-guaranteed	139	6.125%US 6.000%	$2,521US $6,088	−0.481US −0.422
USDA Rural Housing Service or Farm Service Agency guaranteed	56	6.500%US 6.250%	$4,326US $6,526	0.279US 0.210

Interest rate and total loan costs of Residential Mortgage Network, Inc. by loan purpose, 2025Medians, with the national median under each value.
Loan purpose	Loans in the medians	Interest rate	Total loan costs	Rate spread, points
Home purchase	473	6.500%US 6.500%	$3,047US $6,632	0.176US 0.169
Refinancing	40	5.875%US 5.999%	$1,781US $4,883	−0.347US −0.069

Parts of the total loan costs of Residential Mortgage Network, Inc. by loan type, 2025Medians, with the national median under each value.
Loan type	Origination charges	Discount points, of the loans with points	Lender credits, of the loans with credits
All loans	$951US $2,062	$926US $2,823	n/aUS $567
Conventional	$1,055US $1,981	$770US $2,588	n/aUS $604
FHA-insured	$1,300US $2,831	n/aUS $3,270	n/aUS $567
VA-guaranteed	$915US $1,729	n/aUS $3,300	n/aUS $472
USDA Rural Housing Service or Farm Service Agency guaranteed	$1,283US $1,881	n/aUS $1,581	n/aUS $231

The median rate spread of these loans was 0.158 percentage points above the average prime offer rate (APOR). On a loan of $300,000, that is about $474 more a year, or $40 more a month. The national median spread was 0.161 points.

The dollar amount is a simple interest approximation: the rate spread times the full loan amount for one year. The balance of a loan decreases with each payment, and an APR includes some fees, so the amount for a real loan is different. What a rate spread is.

Median interest rate by year: Residential Mortgage Network, Inc. and the United States

Residential Mortgage Network, Inc.United States

Action takenHMDA codes and labels

Records of Residential Mortgage Network, Inc. by the action taken, 2025
Action taken	Records	Share of records	US share
1Loan originated	540	90.3%	50.4%
2Application approved but not accepted	0	0.0%	3.1%
3Application denied	5	0.8%	15.6%
4Application withdrawn by applicant	53	8.9%	12.6%
5File closed for incompleteness	0	0.0%	5.1%
6Purchased loan	0	0.0%	11.7%
7Preapproval request denied	0	0.0%	0.4%
8Preapproval request approved but not accepted	0	0.0%	1.1%

The denial rate is code 3 divided by codes 1, 2 and 3: the applications that the lender decided. Codes 4 and 5 are applications with no decision. Code 6 is a loan that the lender bought.

Denial reasonsFirst reason coded

The lender has fewer than 25 denials in 2025, so this page shows no reasons.

Loan types and purposesLoans of 2025

Applications of Residential Mortgage Network, Inc. by loan type
Loan type	Applications	Loans originated	Denial rate
Conventional	281	251	0.8%US 23.4%
FHA-insured	104	94	2.1%US 21.8%
VA-guaranteed	149	139	0.0%US 16.2%
USDA Rural Housing Service or Farm Service Agency guaranteed	64	56	1.8%US 12.9%

Applications of Residential Mortgage Network, Inc. by loan purpose
Loan purpose	Applications	Loans originated	Share of loans
Home purchase	526	473	87.6%
Home improvement	0	0	0.0%
Refinancing	44	40	7.4%
Cash-out refinancing	10	9	1.7%
Other purpose	18	18	3.3%

The denial rate of a loan type is the denied applications divided by the decided applications of that type. It is "n/a" under 25 decided applications.

States where it lends1 state with 25 applications or more

Residential Mortgage Network, Inc. by state, 2025In order of the names. A state with 100 applications or more links to the lender's page for the state.
State	Applications	Loans originated	Median interest rate	Median total loan costs	Denial rate
Iowa	598	540	6.375%	$2,838	0.9%

Counties of Residential Mortgage Network, Inc. with 50 applications or more, 2025In order of the names. The list has the 3 counties with the most loans of the lender.
County	Applications	Loans originated	Amount	Denial rate
Johnson County, IA	169	154	$43.8 million	1.9%
Linn County, IA	126	112	$24.4 million	0.0%
Washington County, IA	52	43	$9.4 million	0.0%

Figures by yearHMDA 2022 to 2025

Residential Mortgage Network, Inc. by HMDA year"n/a" shows a year with fewer than 25 applications, or a year that this site does not process.
Year	Applications	Loans originated	Median interest rate	Median total loan costs	Denial rate	Records filed
2025	598	540	6.375%	$2,838	0.9%	598
2024	514	465	6.500%	$3,217	0.6%	514
2023	411	369	6.375%	$3,520	1.3%	411
2022	435	379	4.875%	$3,737	1.0%	435
2021	n/a	n/a	n/a	n/a	n/a	720
2020	n/a	n/a	n/a	n/a	n/a	677
2019	n/a	n/a	n/a	n/a	n/a	484
2018	n/a	n/a	n/a	n/a	n/a	358

Records filed is the count on the lender's HMDA transmittal sheet. It includes purchased loans and requests for preapproval.

Denial rate by year: Residential Mortgage Network, Inc. and the United States

Residential Mortgage Network, Inc.United States

VA lender statisticsLoans that VA guaranteed, by month

VA-guaranteed loans of RESIDENTIAL MORTGAGE NETWORK INC, Sep 2025 to Aug 2026National figures from the Department of Veterans Affairs. VA counts a loan in the month of the guarantee.
Month	All	Purchase	Cash-out refinance	IRRRL
August 2026	10	10	0	0
July 2026	12	12	0	0
June 2026	11	11	0	0
May 2026	11	11	0	0
April 2026	20	14	0	6
March 2026	27	19	1	7
February 2026	0	0	0	0
January 2026	15	12	0	3
December 2025	20	12	0	8
November 2025	14	12	0	2
October 2025	10	4	0	6
September 2025	23	23	0	0

IRRRL is the VA Interest Rate Reduction Refinance Loan. The VA name of the lender is "RESIDENTIAL MORTGAGE NETWORK INC". Every month.

Peer lenders12 lenders

These lenders originated a count of loans close to the count of this lender, in the same states. The site compares the applications of each lender by state. The list is not a ranking.

Ascentra Credit UnionBettendorf, IA
Bank IowaWest Des Moines, IA
Bankers Trust CompanyDes Moines, IA
Bankers' BankMadison, WI
CBI Bank & TrustMuscatine, IA
Farmers State BankWaterloo, IA
Fidelity Bank & TrustDubuque, IA
Greater Iowa Credit UnionAmes, IA
Homeservices Lending LLCUrbandale, IA
Luana Savings BankLuana, IA
Premier Credit UnionDes Moines, IA
Ruhl Mortgage LLCMoline, IL

Official channelsLinks checked 2 Oct 2026

HMDA Data Browser (FFIEC and CFPB)The HMDA records of this lender, with a CSV download.
Submit a complaint (Consumer Financial Protection Bureau)The CFPB form for a complaint about a mortgage or a lender.

Cite this page

Page: Lender Register, "Residential Mortgage Network, Inc. mortgage rates, 2025", https://lenderregister.com/lender/549300ntq8bok9455w21-residential-mortgage-network-inc/
Lender: Residential Mortgage Network, Inc., LEI 549300NTQ8BOK9455W21
Source: Federal Financial Institutions Examination Council and Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data, 2025, snapshot dataset
Data date: HMDA year 2025. Page made 2 Oct 2026.

Provenance

The figures come from the public HMDA loan/application register of 2022 to 2025. The count of records filed comes from the transmittal sheets of 2018 to 2025. The FFIEC and the CFPB publish them at ffiec.cfpb.gov. The name, the head office and the agency are from the newest transmittal sheet of the LEI. The VA figures are from the VA lender statistics.

This site withholds a figure with fewer than 25 applications and a median with fewer than 20 loans. Method of the figures. Terms. Report an error.

Questions

How many loans did Residential Mortgage Network, Inc. buy from other lenders in 2025?: It reported no purchased loans. HMDA counts a purchased loan apart from the applications, so the denial rate does not include it.
In which states did Residential Mortgage Network, Inc. originate the most loans in 2025?: It had 25 applications or more in one state only: Iowa, with 540 loans originated.
Which loan types did Residential Mortgage Network, Inc. originate in 2025?: 251 conventional, 94 FHA, 139 VA and 56 USDA.
How did the applications of Residential Mortgage Network, Inc. change from 2022 to 2025?: It reported 435 applications in 2022 and 598 in 2025.