Lenders › Pennymac Loan Services LLC › Iowa
Pennymac Loan Services LLC 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.
Pennymac Loan Services LLC's 2024 HMDA record for Iowa covers 707 applications, 339 of them originated, worth $73m.
Its denial rate in the state was 22.9%, above the Iowa rate of 15.9% across all lenders and compared with the lender's national rate of 20.6%.
The median rate spread on its Iowa originations was 0.4 percentage points (state median 0.2).
Applications in the state were up 31% on 2023.
Compared with the state and the lender's national record
| Measure | In Iowa | Iowa, all lenders | Pennymac Loan Services LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 22.9% | 15.9% | 20.6% | 24.3% |
| Median rate spread, pp | 0.4 | 0.2 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 15.3% | 15.6% | 20.4% | 15.6% |
| Average originated loan | $216k | $187k | $337k | $329k |
| Home purchase share | 33.6% | 57.7% | 41.8% | 57.0% |
| FHA-insured share | 33.6% | 8.2% | 22.4% | 13.4% |
| VA-guaranteed share | 30.4% | 5.2% | 22.3% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateIowa, all lenders
Loan purpose and loan type in Iowa
By purpose
Home purchase 34% (114)Refinancing 31% (104)Cash-out refinancing 19% (66)Other purpose 16% (55)
By type
Conventional 36% (122)FHA 34% (114)VA 30% (103)
Denial reasons as coded
Share of 104 denials in Iowa by first denial reason coded (outlined bar: all lenders in the state).
Counties in Iowa
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Polk County | 151 | 83 | $19m | 14.4% |
| Pottawattamie County | 50 | 27 | $4.7m | 20.6% |
| Linn County | 50 | 20 | $3.9m | 17.2% |
| Scott County | 41 | 19 | $3.8m | 32.1% |
| Black Hawk County | 28 | 13 | $3.1m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Pennymac Loan Services LLC originate in Iowa in 2024?
339 loans totalling $73m, from 707 applications reported for properties in Iowa.
What is Pennymac Loan Services LLC's denial rate in Iowa?
22.9% of decided applications in Iowa were denied, against 15.9% for all lenders in the state and 20.6% 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 Pennymac Loan Services LLC lend in most?
By originations: Polk County (83), Pottawattamie County (27), Linn County (20), Scott County (19), Black Hawk County (13).
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.