Safe Rate Rankings

Best Mortgage Lenders in Iowa

Updated February 6, 2026
⚖️ The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
🛡️ No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
📊 HMDA 2024Built using publicly available originated loan data from the federal government.
🎯 Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.
Total Lenders162
Total Loans34,766
Median Rate Spread0.33%

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RankLenderOverallPricingPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
GREENSTATE Credit UnionCredit Union
Exceptional
Exceptional
Exceptional
Exceptional
$497Fees
0.256%Below
4,661
2
VERIDIAN CREDIT UNIONCredit Union
Exceptional
Exceptional
Exceptional
Exceptional
$379Fees
0.212%Below
2,150
3
IOWA BANKERS MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Exceptional
Exceptional
Exceptional
$1,157Fees
0.056%Below
2,020
4
Hills Bank and Trust CompanyBank
Exceptional
Exceptional
Exceptional
Exceptional
$739Fees
0.300%Below
1,211
5
DUPACO COMMUNITYCredit Union
Exceptional
Exceptional
Exceptional
Exceptional
$1,475Fees
0.266%Below
653
6
Community Choice Credit UnionCredit Union
Exceptional
Exceptional
Strong
Exceptional
$1,105Fees
0.264%Below
527
7
Luana Savings BankBank
Exceptional
Exceptional
Strong
Exceptional
$697Credit
0.193%Below
436
8
RUHL MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Exceptional
Exceptional
Strong
$832Fees
0.039%Below
344
9
WEST GATE BANKBank
Exceptional
Exceptional
Exceptional
Strong
$1,060Fees
0.088%Below
248
10
I. H. MISSISSIPPI VALLEY CREDIT UNIONCredit Union
Exceptional
Exceptional
Exceptional
Strong
$1,679Fees
0.456%Below
202
11
Central BankBank
Exceptional
Strong
Exceptional
Exceptional
$2,067Fees
0.094%Below
495
12
RESIDENTIAL MORTGAGE NETWORK, INC.Independent Mortgage Company
Exceptional
Strong
Exceptional
Exceptional
$1,199Fees
0.017%Below
424
13
Fidelity Bank & TrustBank
Exceptional
Exceptional
Strong
Strong
$745Fees
0.586%Below
211
14
GREATER IOWA CREDIT UNIONCredit Union
Exceptional
Exceptional
Strong
Strong
$243Fees
0.252%Above
144
15
Du Trac Community Credit UnionCredit Union
Exceptional
Exceptional
Strong
Strong
$1,028Fees
0.162%Below
132
16
LINN AREACredit Union
Exceptional
Exceptional
Strong
Strong
$586Fees
0.046%Below
116
17
Northwest BankBank
Exceptional
Strong
Strong
Exceptional
$1,074Fees
0.073%Above
900
18
Fortress BankBank
Exceptional
Strong
Strong
Exceptional
$1,548Fees
0.271%Above
452
19
MidWestOne BankBank
Exceptional
Strong
Exceptional
Strong
$839Fees
0.010%Below
288
20
Farmers State BankBank
Exceptional
Exceptional
Sound
Strong
$896Fees
0.043%Below
169
21
Bankers Trust CompanyBank
Exceptional
Exceptional
Sound
Strong
$440Fees
0.296%Below
121
22
ASCENTRA Credit UnionCredit Union
Exceptional
Exceptional
Sound
Strong
$600Fees
0.031%Below
111
23
BANKBank
Exceptional
Exceptional
Sound
Strong
$1,138Fees
0.522%Below
107
24
U.S. Bank National AssociationBank
Strong
Strong
Strong
Strong
$965Fees
0.210%Above
838
25
Lincoln Savings BankBank
Strong
Strong
Strong
Strong
$1,459Fees
0.112%Above
263
26
Fidelity BankBank
Strong
Strong
Strong
Strong
$1,403Fees
0.225%Above
238
27
Collins Community Credit UnionCredit Union
Strong
Strong
Strong
Strong
$786Fees
0.092%Below
211
28
NAVY FEDERAL CREDIT UNIONCredit Union
Strong
Exceptional
Sound
Sound
$648Fees
0.573%Below
135
29
Great Southern BankBank
Strong
Strong
Strong
Strong
$1,486Fees
0.018%Above
129
30
First National Bank of OmahaBank
Strong
Strong
Strong
Strong
$1,846Fees
0.280%Above
113
31
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
$2,183Fees
0.292%Above
717
32
Wells Fargo Bank, National AssociationBank
Strong
Strong
Sound
Strong
$1,696Fees
0.120%Above
516
33
Empeople Credit UnionCredit Union
Strong
Strong
Sound
Strong
$732Fees
0.241%Below
273
34
FLAT BRANCH MORTGAGE, INC.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
$1,922Fees
0.355%Above
229
35
ARK-LA-TEX FINANCIAL SERVICES, LLC.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
$3,069Fees
0.452%Above
155
36
Truist BankBank
Strong
Strong
Strong
Sound
$3,406Fees
0.195%Above
110
37
Farmers State BankBank
Strong
Strong
Sound
Strong
$1,001Fees
0.533%Below
106
38
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
$3,334Fees
0.508%Above
1,620
39
GERSHMAN INVESTMENT CORP.Independent Mortgage Company
Strong
Sound
Strong
Strong
$1,334Fees
0.037%Below
466
40
GUARANTEED RATE, INC.Independent Mortgage Company
Strong
Sound
Strong
Strong
$2,939Fees
0.458%Above
245
41
Bank IowaBank
Strong
Sound
Strong
Strong
$1,407Fees
0.124%Above
240
42
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Strong
Sound
Strong
Strong
$2,005Fees
0.100%Above
175
43
FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Sound
Strong
Strong
$2,367Fees
0.684%Above
170
44
LOANDEPOT.COM, LLCIndependent Mortgage Company
Strong
Sound
Strong
Strong
$3,419Fees
0.475%Above
164
45
CHARTER WEST BANKBank
Strong
Sound
Strong
Strong
$1,517Fees
0.415%Above
122
46
CBI Bank & TrustBank
Strong
Sound
Strong
Strong
$954Fees
0.319%Above
118
47
The Central Trust BankBank
Strong
Sound
Strong
Strong
$1,713Fees
0.309%Above
102
48
HOMESERVICES LENDING, LLCIndependent Mortgage Company
Strong
Acceptable
Strong
Exceptional
$2,443Fees
0.278%Above
504
49
GUILD MORTGAGE COMPANY LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
$2,443Fees
0.464%Above
431
50
FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
$2,353Fees
0.633%Above
269

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Place
Local market expertise (33%)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.