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Safe Rate's TrueRank Guarantee
Our rankings are earned, not bought. We analyze 2,347 lenders using federal HMDA data—no pay-to-play, no cherry-picking. You see the best options based on performance metrics, not advertising dollars.
Best Bank Mortgage Lenders in Iowa
Updated February 6, 2026
Market Overview
31
Total Lenders
9,590
Total Loans
0.18%
Median Rate Spread
| Rank | Lender | Overall | Pricing | Pull Through | Place | Avg Fees | Spread | Volume | Action |
|---|---|---|---|---|---|---|---|---|---|
1 | Hills Bank and Trust Company | Exceptional | Exceptional | Exceptional | Exceptional | $739 | -0.300% | 1,211 | |
2 | Luana Savings Bank | Exceptional | Exceptional | Strong | Exceptional | -$697 | -0.193% | 436 | |
3 | WEST GATE BANK | Exceptional | Exceptional | Exceptional | Strong | $1,060 | -0.088% | 248 | |
4 | Central Bank | Exceptional | Strong | Exceptional | Exceptional | $2,067 | -0.094% | 495 | |
5 | Fidelity Bank & Trust | Exceptional | Exceptional | Strong | Strong | $745 | -0.586% | 211 | |
6 | Northwest Bank | Exceptional | Strong | Strong | Exceptional | $1,074 | +0.073% | 900 | |
7 | Fortress Bank | Exceptional | Strong | Strong | Exceptional | $1,548 | +0.271% | 452 | |
8 | MidWestOne Bank | Exceptional | Strong | Exceptional | Strong | $839 | -0.010% | 288 | |
9 | Farmers State Bank | Exceptional | Exceptional | Sound | Strong | $896 | -0.043% | 169 | |
10 | Bankers Trust Company | Exceptional | Exceptional | Sound | Strong | $440 | -0.296% | 121 | |
11 | BANK | Exceptional | Exceptional | Sound | Strong | $1,138 | -0.522% | 107 | |
12 | U.S. Bank National Association | Strong | Strong | Strong | Strong | $965 | +0.210% | 838 | |
13 | Lincoln Savings Bank | Strong | Strong | Strong | Strong | $1,459 | +0.112% | 263 | |
14 | Fidelity Bank | Strong | Strong | Strong | Strong | $1,403 | +0.225% | 238 | |
15 | Great Southern Bank | Strong | Strong | Strong | Strong | $1,486 | +0.018% | 129 | |
16 | First National Bank of Omaha | Strong | Strong | Strong | Strong | $1,846 | +0.280% | 113 | |
17 | Wells Fargo Bank, National Association | Strong | Strong | Sound | Strong | $1,696 | +0.120% | 516 | |
18 | Truist Bank | Strong | Strong | Strong | Sound | $3,406 | +0.195% | 110 | |
19 | Farmers State Bank | Strong | Strong | Sound | Strong | $1,001 | -0.533% | 106 | |
20 | Bank Iowa | Strong | Sound | Strong | Strong | $1,407 | +0.124% | 240 | |
21 | CHARTER WEST BANK | Strong | Sound | Strong | Strong | $1,517 | +0.415% | 122 | |
22 | CBI Bank & Trust | Strong | Sound | Strong | Strong | $954 | +0.319% | 118 | |
23 | The Central Trust Bank | Strong | Sound | Strong | Strong | $1,713 | +0.309% | 102 | |
24 | JPMorgan Chase Bank, National Association | Strong | Sound | Strong | Sound | $1,581 | +0.098% | 111 | |
25 | Barrington Bank & Trust Company, National Association | Strong | Acceptable | Strong | Strong | $2,332 | +0.325% | 315 | |
26 | Plains Commerce Bank | Strong | Acceptable | Strong | Strong | $2,138 | +0.448% | 264 | |
27 | USAA Federal Savings Bank | Strong | Sound | Sound | Sound | $1,313 | -0.101% | 102 | |
28 | United Bank of Iowa | Sound | Acceptable | Sound | Strong | $1,366 | +0.334% | 172 | |
29 | Flanagan State Bank | Sound | Acceptable | Sound | Strong | $2,578 | +0.606% | 157 | |
30 | Flagstar Bank, N.A. | Sound | Acceptable | Strong | Sound | $1,873 | +0.394% | 121 | |
31 | Two Rivers Bank & Trust | Sound | Mediocre | Acceptable | Strong | $284 | +0.439% | 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.
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