🛡️

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 Conventional Mortgage Bank Lenders in Iowa

Updated February 6, 2026

Market Overview

31
Total Lenders
34,766
Total Loans
0.33%
Median Rate Spread
RankLenderOverallPricingProductPull ThroughPlaceAvg FeesSpreadVolumeAction
1
Hills Bank and Trust Company
Exceptional
Exceptional
Exceptional
Exceptional
Exceptional
$739-0.300%1,211
2
WEST GATE BANK
Exceptional
Exceptional
Exceptional
Exceptional
Strong
$1,060-0.088%248
3
Northwest Bank
Exceptional
Exceptional
Strong
Strong
Exceptional
$1,074+0.073%900
4
Luana Savings Bank
Exceptional
Exceptional
Strong
Strong
Exceptional
-$697-0.193%436
5
Fidelity Bank & Trust
Exceptional
Exceptional
Strong
Exceptional
Strong
$745-0.586%211
6
Central Bank
Exceptional
Strong
Strong
Exceptional
Exceptional
$2,067-0.094%495
7
U.S. Bank National Association
Exceptional
Strong
Exceptional
Strong
Strong
$965+0.210%838
8
Fortress Bank
Exceptional
Strong
Strong
Strong
Exceptional
$1,548+0.271%452
9
Farmers State Bank
Exceptional
Exceptional
Sound
Strong
Strong
$896-0.043%169
10
First National Bank of Omaha
Exceptional
Strong
Exceptional
Strong
Strong
$1,846+0.280%113
11
Wells Fargo Bank, National Association
Exceptional
Strong
Exceptional
Sound
Strong
$1,696+0.120%516
12
MidWestOne Bank
Exceptional
Strong
Strong
Strong
Strong
$839-0.010%288
13
Great Southern Bank
Exceptional
Strong
Strong
Strong
Strong
$1,486+0.018%129
14
Bankers Trust Company
Exceptional
Exceptional
Sound
Sound
Strong
$440-0.296%121
15
Truist Bank
Exceptional
Strong
Exceptional
Strong
Sound
$3,406+0.195%110
16
Barrington Bank & Trust Company, National Association
Strong
Sound
Exceptional
Strong
Strong
$2,332+0.325%315
17
Lincoln Savings Bank
Strong
Strong
Sound
Strong
Strong
$1,459+0.112%263
18
Farmers State Bank
Strong
Strong
Sound
Strong
Strong
$1,001-0.533%106
19
The Central Trust Bank
Strong
Sound
Exceptional
Strong
Strong
$1,713+0.309%102
20
Bank Iowa
Strong
Strong
Sound
Sound
Strong
$1,407+0.124%240
21
Fidelity Bank
Strong
Strong
Sound
Sound
Strong
$1,403+0.225%238
22
CHARTER WEST BANK
Strong
Sound
Strong
Strong
Strong
$1,517+0.415%122
23
JPMorgan Chase Bank, National Association
Strong
Sound
Exceptional
Strong
Sound
$1,581+0.098%111
24
BANK
Strong
Exceptional
Acceptable
Acceptable
Strong
$1,138-0.522%107
25
Plains Commerce Bank
Strong
Acceptable
Exceptional
Strong
Strong
$2,138+0.448%264
26
CBI Bank & Trust
Strong
Sound
Sound
Strong
Strong
$954+0.319%118
27
Flagstar Bank, N.A.
Strong
Acceptable
Exceptional
Strong
Sound
$1,873+0.394%121
28
Flanagan State Bank
Strong
Acceptable
Strong
Sound
Strong
$2,578+0.606%157
29
USAA Federal Savings Bank
Strong
Sound
Strong
Acceptable
Sound
$1,313-0.101%102
30
United Bank of Iowa
Sound
Acceptable
Sound
Acceptable
Strong
$1,366+0.334%172
31
Two Rivers Bank & Trust
Sound
Mediocre
Acceptable
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 40 Points)

10
Pricing
Rate and fee competitiveness (25%)
10
Pull Through
Reliability in closing loans (25%)
10
Product
Specialization in the loan type (25%)
10
Place
Local market expertise (25%)

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.

Ready to find your perfect lender?

Get personalized recommendations based on your specific needs

IowaConventional
No credit impact
3-minute process
100% free