Safe Rate Rankings

Best Bank 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 Lenders31
Total Loans9,590
Median Rate Spread0.18%

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RankLenderOverallPricingPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
Hills Bank and Trust CompanyBank
Exceptional
Exceptional
Exceptional
Exceptional
$739Fees
0.300%Below
1,211
2
Luana Savings BankBank
Exceptional
Exceptional
Strong
Exceptional
$697Credit
0.193%Below
436
3
WEST GATE BANKBank
Exceptional
Exceptional
Exceptional
Strong
$1,060Fees
0.088%Below
248
4
Central BankBank
Exceptional
Strong
Exceptional
Exceptional
$2,067Fees
0.094%Below
495
5
Fidelity Bank & TrustBank
Exceptional
Exceptional
Strong
Strong
$745Fees
0.586%Below
211
6
Northwest BankBank
Exceptional
Strong
Strong
Exceptional
$1,074Fees
0.073%Above
900
7
Fortress BankBank
Exceptional
Strong
Strong
Exceptional
$1,548Fees
0.271%Above
452
8
MidWestOne BankBank
Exceptional
Strong
Exceptional
Strong
$839Fees
0.010%Below
288
9
Farmers State BankBank
Exceptional
Exceptional
Sound
Strong
$896Fees
0.043%Below
169
10
Bankers Trust CompanyBank
Exceptional
Exceptional
Sound
Strong
$440Fees
0.296%Below
121
11
BANKBank
Exceptional
Exceptional
Sound
Strong
$1,138Fees
0.522%Below
107
12
U.S. Bank National AssociationBank
Strong
Strong
Strong
Strong
$965Fees
0.210%Above
838
13
Lincoln Savings BankBank
Strong
Strong
Strong
Strong
$1,459Fees
0.112%Above
263
14
Fidelity BankBank
Strong
Strong
Strong
Strong
$1,403Fees
0.225%Above
238
15
Great Southern BankBank
Strong
Strong
Strong
Strong
$1,486Fees
0.018%Above
129
16
First National Bank of OmahaBank
Strong
Strong
Strong
Strong
$1,846Fees
0.280%Above
113
17
Wells Fargo Bank, National AssociationBank
Strong
Strong
Sound
Strong
$1,696Fees
0.120%Above
516
18
Truist BankBank
Strong
Strong
Strong
Sound
$3,406Fees
0.195%Above
110
19
Farmers State BankBank
Strong
Strong
Sound
Strong
$1,001Fees
0.533%Below
106
20
Bank IowaBank
Strong
Sound
Strong
Strong
$1,407Fees
0.124%Above
240
21
CHARTER WEST BANKBank
Strong
Sound
Strong
Strong
$1,517Fees
0.415%Above
122
22
CBI Bank & TrustBank
Strong
Sound
Strong
Strong
$954Fees
0.319%Above
118
23
The Central Trust BankBank
Strong
Sound
Strong
Strong
$1,713Fees
0.309%Above
102
24
JPMorgan Chase Bank, National AssociationBank
Strong
Sound
Strong
Sound
$1,581Fees
0.098%Above
111
25
Barrington Bank & Trust Company, National AssociationBank
Strong
Acceptable
Strong
Strong
$2,332Fees
0.325%Above
315
26
Plains Commerce BankBank
Strong
Acceptable
Strong
Strong
$2,138Fees
0.448%Above
264
27
USAA Federal Savings BankBank
Strong
Sound
Sound
Sound
$1,313Fees
0.101%Below
102
28
United Bank of IowaBank
Sound
Acceptable
Sound
Strong
$1,366Fees
0.334%Above
172
29
Flanagan State BankBank
Sound
Acceptable
Sound
Strong
$2,578Fees
0.606%Above
157
30
Flagstar Bank, N.A.Bank
Sound
Acceptable
Strong
Sound
$1,873Fees
0.394%Above
121
31
Two Rivers Bank & TrustBank
Sound
Mediocre
Acceptable
Strong
$284Fees
0.439%Above
79

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.