2024 · Iowa
In 2024, 4,690 investment-property loans worth $705M were originated on single-family 1-4 unit homes in Iowa. Here's how those terms compared to the rest of the country.
Investor rate premium
75 bps
U.S. median: 88 bps
Denial rate
7.0%
U.S. median: 17.2%
DSCR / business-purpose
47%
U.S. median: 69%
Median LTV
75%
U.S. median: 75%
Investors in Iowa borrowed at a median rate of 7.25%, versus 6.5% for owner-occupants — a 75 bps premium that ranks 43rd of 51 states.
Their applications were denied 7.0% of the time. The leading reasons for denial were collateral, debt-to-income ratio, credit history.
47% of investor loans were business- or commercial-purpose — the category that includes DSCR and LLC-held loans — and 7% were cash-out refinances. The typical loan-to-value was 75%, implying about 25% down.
In 2024, the median investment-property loan in Iowa carried a rate of 7.25% versus 6.5% for an owner-occupant — a premium of 75 bps. That ranks 43rd of 51 states (1 = highest premium).
7.0% of investment-property applications were denied in Iowa in 2024, the 50th-highest denial rate among the 51 states. The most common denial reasons were collateral, debt-to-income ratio, credit history.
47% of investor loans in Iowa were flagged as primarily business or commercial purpose — the bucket that includes DSCR and LLC-held loans (51st of 51). The median loan-to-value was 75%.
Source: CFPB / FFIEC HMDA Data Browser (loan-level public dataset), 2024. Single-family 1-4 unit, site-built loans; financed purchases only.