Lenders › First Interstate Bank › Iowa
First Interstate Bank in Iowa
HMDA record for properties in Iowa, calendar year 2024. National record · Iowa overview
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.
In Iowa, First Interstate Bank reported 463 applications and 261 originations for 2024, $39m in all.
Its denial rate in the state was 33.4%, above the Iowa rate of 15.9% across all lenders and compared with the lender's national rate of 32.2%.
The median rate spread on its Iowa originations was 1.4 percentage points (state median 0.2).
Applications in the state were up 5% on 2023.
Compared with the state and the lender's national record
| Measure | In Iowa | Iowa, all lenders | First Interstate Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 33.4% | 15.9% | 32.2% | 24.3% |
| Median rate spread, pp | 1.4 | 0.2 | 1.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 38.6% | 15.6% | 27.6% | 15.6% |
| Average originated loan | $151k | $187k | $182k | $329k |
| Home purchase share | 29.9% | 57.7% | 22.7% | 57.0% |
| FHA-insured share | 1.9% | 8.2% | 1.0% | 13.4% |
| VA-guaranteed share | 0.4% | 5.2% | 0.2% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateIowa, all lenders
Loan purpose and loan type in Iowa
By purpose
Home purchase 30% (78)Home improvement 31% (82)Refinancing 29% (76)Cash-out refinancing 2% (4)Other purpose 8% (21)
By type
Conventional 97% (253)FHA 2% (5)VA 0% (1)USDA 1% (2)
Denial reasons as coded
Share of 135 denials in Iowa by first denial reason coded (outlined bar: all lenders in the state).
Counties in Iowa
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Webster County | 59 | 32 | $1.6m | 35.8% |
| Polk County | 43 | 27 | $4.2m | 27.0% |
| Marshall County | 31 | 22 | $2.1m | 20.7% |
| Story County | 28 | 19 | $3.4m | 25.9% |
| Pottawattamie County | 27 | 15 | $1.8m | — |
| Dallas County | 26 | 15 | $1.4m | — |
| Jasper County | 26 | 14 | $1.2m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did First Interstate Bank originate in Iowa in 2024?
261 loans totalling $39m, from 463 applications reported for properties in Iowa.
What is First Interstate Bank's denial rate in Iowa?
33.4% of decided applications in Iowa were denied, against 15.9% for all lenders in the state and 32.2% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Iowa counties does First Interstate Bank lend in most?
By originations: Webster County (32), Polk County (27), Marshall County (22), Story County (19), Pottawattamie County (15).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Iowa. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.