Des Moines County
Iowa · FIPS 19057
According to CFPB HMDA 2024 application volume among U.S. counties, Des Moines County ranks #1,546 of 3,210, and #23 of 99 in Iowa.
Mortgage lending activity in Des Moines County, Iowa based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Des Moines County, Iowa saw 871 HMDA-reported mortgage applications in 2024. Lenders originated 511 of those loans and denied 130, producing a denial rate of 14.9% and an approval (origination) rate of 58.7%. The average loan amount was $117,882 at an average note rate of 7.06%, with applicants self-reporting average annual income of $34K. 79 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 3.5x, meaning typical borrowers took on mortgages of about 3.5 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Des Moines County
In Des Moines County, lead originator Two Rivers Bank & Trust funded 17.2% of 511 originated loans, above the county fleet's upper tercile (~16.7% top-1). The top three reporters together hold 40.7% of the book, so a handful of names dominate disclosed volume here.
Counties With Similar Application Volume
Nationwide counties nearest to Des Moines County's 871 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Des Moines County's $117,882 average loan (deduped against volume peers).
Lenders active in Des Moines County
Two Rivers Bank & Trust funded 88 of the 511 loans originated in Des Moines County, 17.2% of the county. 79 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Two Rivers Bank & Trust | 88 | 17.2% |
| 2 | Iowa Bankers Mortgage Corporation | 85 | 16.6% |
| 3 | Rocket Mortgage | 35 | 6.8% |
| 4 | Mortgage Research Center | 29 | 5.7% |
| 5 | Plains Commerce Bank | 27 | 5.3% |
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice for Des Moines County borrowers.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This Des Moines County page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.