Safe Rate Rankings

Best Conventional Mortgage Bank 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 Loans34,766
Median Rate Spread0.33%

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