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The Security National Bank of Sioux City, Iowa

SIOUX CITY, IA

The Security National Bank of Sioux City, Iowa processed 350 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 238 loans with a 14.3% denial rate. Home Purchase was the primary loan purpose. Based in SIOUX CITY, IA. The approval rate of 68.0% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. The Security National Bank of Sioux City, Iowa's 68.0% origination rate tells you how often an application turned into funded money; the 14.3% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (346 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

350
Applications
238
Originated
14.3%
Denial Rate
$249,971
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 346 238 48 $251,012
USDA 2 0 1 $125,000
VA 1 0 0 $245,000
FHA 1 0 1 $145,000

Top loan types - The Security National Bank of Sioux City, Iowa

Top loan types - The Security National Bank of Sioux City, Iowa Horizontal bar chart of the top 4 items by value (applications). Top loan types - The Security National Bank of Sioux City, Iowa Top 4 1. Conventional 346 2. USDA 2 3. VA 1 4. FHA 1 Top 5 loan types by application volume at The Security National Bank of Sioux City, Iowa (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for The Security National Bank of Sioux City, Iowa (LEI: 5493003QPO86QUI9FJ04) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
25
Credit history
20
Other
18
Collateral
8
Employment history
3
Unverifiable information
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 190 120 $377,263
Refinancing 71 49 $136,549
Other 47 36 $75,000
Home Improvement 40 31 $54,000
Cash-out Refinancing 2 2 $215,000

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 293 68.6% 13.0%
Joint * 6 33.3% 33.3%
American Indian or Alaska Native * 3 33.3% 33.3%
Black or African American * 3 33.3% 33.3%
Asian * 1 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 261 72.4% 10.7%
Hispanic or Latino * 44 40.9% 34.1%
Joint * 5 40.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in IA

Other HMDA-reporting lenders in IA with similar activity. Compare any two side-by-side.

Greenstate Credit Union

NORTH LIBERTY, IA

18,672 apps 12,784 originated 11.1% denied

Veridian Credit Union

WATERLOO, IA

11,053 apps 7,554 originated 12.1% denied

Iowa Bankers Mortgage Corporation

JOHNSTON, IA

5,751 apps 2,402 originated 7.6% denied

Dupaco Community Credit Union

DUBUQUE, IA

3,587 apps 2,580 originated 19.3% denied

Hills Bank and Trust Company

HILLS, IA

2,597 apps 2,128 originated 7.0% denied
Compare The Security National Bank of Sioux City, Iowa vs Greenstate Credit Union →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did The Security National Bank of Sioux City, Iowa process?
The Security National Bank of Sioux City, Iowa processed 350 mortgage applications in the 2024 HMDA reporting year. Of these, 238 were originated (approved and funded), 59 were withdrawn by the applicant, and 50 were denied.
What is The Security National Bank of Sioux City, Iowa's mortgage approval rate?
The Security National Bank of Sioux City, Iowa has an approval (origination) rate of 68.0%, meaning 68.0% of all applications resulted in a funded mortgage. The denial rate is 14.3%.
What is the average loan amount at The Security National Bank of Sioux City, Iowa?
The average mortgage loan amount at The Security National Bank of Sioux City, Iowa is $249,971.
What are the most common reasons for mortgage denial at The Security National Bank of Sioux City, Iowa?
The most common reasons for mortgage denial at The Security National Bank of Sioux City, Iowa are: Debt-to-income ratio, Credit history, Other. In total, 50 applications were denied out of 350 total applications.
What types of mortgage loans does The Security National Bank of Sioux City, Iowa offer?
The Security National Bank of Sioux City, Iowa processes Conventional, USDA, VA, FHA loans. The most common type is Conventional with 346 applications and an average loan amount of $251,012.
What loan purposes does The Security National Bank of Sioux City, Iowa serve?
The Security National Bank of Sioux City, Iowa serves the following loan purposes: Home Purchase (190 applications), Refinancing (71 applications), Other (47 applications), Home Improvement (40 applications), Cash-out Refinancing (2 applications). Home Purchase is the most common purpose.
Where is The Security National Bank of Sioux City, Iowa located?
The Security National Bank of Sioux City, Iowa is headquartered in SIOUX CITY, IA. The lender is identified by LEI 5493003QPO86QUI9FJ04 in HMDA data.
How does The Security National Bank of Sioux City, Iowa compare in lending across racial demographics?
The Security National Bank of Sioux City, Iowa reports demographic lending data under HMDA requirements. White applicants have an approval rate of 68.6% and denial rate of 13.0%; Joint applicants have an approval rate of 33.3% and denial rate of 33.3%; American Indian or Alaska Native applicants have an approval rate of 33.3% and denial rate of 33.3%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

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 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.