Lender profile · HMDA 2023–2025
Farmers State Bank (Iowa) mortgage approval rates & lending data
Farmers State Bank (Iowa) decided 660 mortgage applications and funded 488 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 97% | 314 / 324 | 77% | $175K | 241 |
| Home improvement loans | 96% | 64 / 67 | 95% | $35K | 61 |
| Cash-out refinance | 78% | 31 / 40 | 71% | $55K | 22 |
| Refinance | 88% | 91 / 104 | 77% | $125K | 70 |
| Investment property purchase | 97% | 88 / 91 | 84% | $155K | 74 |
Farmers State Bank (Iowa) lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Iowa | 94% | $155K | 653 | 483 |
| Minnesota | 100% | $305K | 4 | 2 |
| Colorado | 100% | $685K | 1 | 1 |
| Indiana | 100% | $2.75M | 1 | 1 |
| Tennessee | 100% | $395K | 1 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.