# United Bank of Iowa

> **Canonical URL:** https://saferate.com/lenders/united-bank-of-iowa


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


United Bank of Iowa is a bank, headquartered in Ida Grove, IA, serving borrowers across 3 states, with 174 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 71% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 58% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 2549002OCMCJIOOONI88
- **Headquarters:** Ida Grove, IA
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** IA, NE, TX
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 29/100
- Rating: ●●○○○ (2/5)

### Pull Through: Sound ☺️
- Score: 42/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.334%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,381
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 174
- **Dollar Volume:** $22 million
- **Applications Received:** 328
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $128,448
- **Average Borrower Income:** $82,069
- **Average Property Value:** $177,816

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 48/100 | 140 | +0.190% | $1,374 | Sound ☺️ |
| USDA | 80/100 | 34 | +1.127% | $1,422 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 109 loans, Score: 47/100 (Sound)
- Refinance: 31 loans, Score: 43/100 (Sound)

**USDA:**
- Purchase: 34 loans, Score: 80/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 49/100 | 143 | $19M | +0.413% | Sound ☺️ |
| Refinance | 41/100 | 31 | $4M | -0.010% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IA | 172 | 0.49% | 74/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 135 | 64/100 |
| Sioux City, IA |  | 17 | 51/100 |
| Omaha, NE | NE-IA | 15 | 49/100 |

## Where This Lender Ranks

United Bank of Iowa appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#11** in Sioux City, IA for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/sioux-city-ia/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#12** in Iowa for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/iowa/best-mortgage-lenders/banks/usda-loans)
- 🏆 **#18** in Sioux City, IA for Conventional Loans
  - [View Full Rankings](https://saferate.com/sioux-city-ia/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does United Bank of Iowa offer?

United Bank of Iowa offers the following mortgage loan types: Conventional, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does United Bank of Iowa offer mortgages?

United Bank of Iowa offers mortgages in 3 states: IA, NE, TX.

### How competitive are United Bank of Iowa's mortgage rates?

United Bank of Iowa has a pricing score of 29/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.334% above market average.

### What type of lender is United Bank of Iowa?

United Bank of Iowa is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Ida Grove, IA.

### What is United Bank of Iowa's loan approval success rate?

United Bank of Iowa has a pull-through score of 42/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/united-bank-of-iowa

### How to Cite

> "United Bank of Iowa Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/united-bank-of-iowa

---

**[View Interactive Profile →](https://saferate.com/lenders/united-bank-of-iowa)**