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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 Conventional Mortgage Lenders in Iowa
Updated February 6, 2026
Market Overview
162
Total Lenders
34,766
Total Loans
0.33%
Median Rate Spread
| Rank | Lender | Overall | Pricing | Product | Pull Through | Place | Avg Fees | Spread | Volume | Action |
|---|---|---|---|---|---|---|---|---|---|---|
1 | GREENSTATE Credit Union | Exceptional | Exceptional | Exceptional | Exceptional | Exceptional | $497 | -0.256% | 4,661 | |
2 | VERIDIAN CREDIT UNION | Exceptional | Exceptional | Exceptional | Exceptional | Exceptional | $379 | -0.212% | 2,150 | |
3 | IOWA BANKERS MORTGAGE CORPORATION | Exceptional | Exceptional | Exceptional | Exceptional | Exceptional | $1,157 | -0.056% | 2,020 | |
4 | Hills Bank and Trust Company | Exceptional | Exceptional | Exceptional | Exceptional | Exceptional | $739 | -0.300% | 1,211 | |
5 | DUPACO COMMUNITY | Exceptional | Exceptional | Exceptional | Exceptional | Exceptional | $1,475 | -0.266% | 653 | |
6 | Community Choice Credit Union | Exceptional | Exceptional | Strong | Exceptional | Exceptional | $1,105 | -0.264% | 527 | |
7 | WEST GATE BANK | Exceptional | Exceptional | Exceptional | Exceptional | Strong | $1,060 | -0.088% | 248 | |
8 | Northwest Bank | Exceptional | Exceptional | Strong | Strong | Exceptional | $1,074 | +0.073% | 900 | |
9 | Luana Savings Bank | Exceptional | Exceptional | Strong | Strong | Exceptional | -$697 | -0.193% | 436 | |
10 | RUHL MORTGAGE, LLC | Exceptional | Exceptional | Strong | Exceptional | Strong | $832 | -0.039% | 344 | |
11 | Fidelity Bank & Trust | Exceptional | Exceptional | Strong | Exceptional | Strong | $745 | -0.586% | 211 | |
12 | I. H. MISSISSIPPI VALLEY CREDIT UNION | Exceptional | Exceptional | Strong | Exceptional | Strong | $1,679 | -0.456% | 202 | |
13 | Central Bank | Exceptional | Strong | Strong | Exceptional | Exceptional | $2,067 | -0.094% | 495 | |
14 | U.S. Bank National Association | Exceptional | Strong | Exceptional | Strong | Strong | $965 | +0.210% | 838 | |
15 | Fortress Bank | Exceptional | Strong | Strong | Strong | Exceptional | $1,548 | +0.271% | 452 | |
16 | Farmers State Bank | Exceptional | Exceptional | Sound | Strong | Strong | $896 | -0.043% | 169 | |
17 | GREATER IOWA CREDIT UNION | Exceptional | Exceptional | Sound | Strong | Strong | $243 | +0.252% | 144 | |
18 | NAVY FEDERAL CREDIT UNION | Exceptional | Exceptional | Exceptional | Sound | Sound | $648 | -0.573% | 135 | |
19 | Du Trac Community Credit Union | Exceptional | Exceptional | Sound | Strong | Strong | $1,028 | -0.162% | 132 | |
20 | LINN AREA | Exceptional | Exceptional | Sound | Strong | Strong | $586 | -0.046% | 116 | |
21 | First National Bank of Omaha | Exceptional | Strong | Exceptional | Strong | Strong | $1,846 | +0.280% | 113 | |
22 | Wells Fargo Bank, National Association | Exceptional | Strong | Exceptional | Sound | Strong | $1,696 | +0.120% | 516 | |
23 | RESIDENTIAL MORTGAGE NETWORK, INC. | Exceptional | Strong | Sound | Strong | Exceptional | $1,199 | -0.017% | 424 | |
24 | MidWestOne Bank | Exceptional | Strong | Strong | Strong | Strong | $839 | -0.010% | 288 | |
25 | FLAT BRANCH MORTGAGE, INC. | Exceptional | Sound | Exceptional | Exceptional | Strong | $1,922 | +0.355% | 229 | |
26 | Great Southern Bank | Exceptional | Strong | Strong | Strong | Strong | $1,486 | +0.018% | 129 | |
27 | Bankers Trust Company | Exceptional | Exceptional | Sound | Sound | Strong | $440 | -0.296% | 121 | |
28 | ASCENTRA Credit Union | Exceptional | Exceptional | Sound | Sound | Strong | $600 | -0.031% | 111 | |
29 | Truist Bank | Exceptional | Strong | Exceptional | Strong | Sound | $3,406 | +0.195% | 110 | |
30 | ROCKET MORTGAGE, LLC | Strong | Acceptable | Exceptional | Exceptional | Exceptional | $3,334 | +0.508% | 1,620 | |
31 | GERSHMAN INVESTMENT CORP. | Strong | Sound | Exceptional | Strong | Strong | $1,334 | -0.037% | 466 | |
32 | Barrington Bank & Trust Company, National Association | Strong | Sound | Exceptional | Strong | Strong | $2,332 | +0.325% | 315 | |
33 | Empeople Credit Union | Strong | Strong | Strong | Sound | Strong | $732 | -0.241% | 273 | |
34 | Lincoln Savings Bank | Strong | Strong | Sound | Strong | Strong | $1,459 | +0.112% | 263 | |
35 | Collins Community Credit Union | Strong | Strong | Strong | Sound | Strong | $786 | -0.092% | 211 | |
36 | LOANDEPOT.COM, LLC | Strong | Sound | Exceptional | Strong | Strong | $3,419 | +0.475% | 164 | |
37 | ARK-LA-TEX FINANCIAL SERVICES, LLC. | Strong | Sound | Exceptional | Strong | Strong | $3,069 | +0.452% | 155 | |
38 | Farmers State Bank | Strong | Strong | Sound | Strong | Strong | $1,001 | -0.533% | 106 | |
39 | The Central Trust Bank | Strong | Sound | Exceptional | Strong | Strong | $1,713 | +0.309% | 102 | |
40 | UNITED WHOLESALE MORTGAGE, LLC | Strong | Acceptable | Exceptional | Exceptional | Strong | $2,183 | +0.292% | 717 | |
41 | PENNYMAC LOAN SERVICES, LLC | Strong | Sound | Exceptional | Sound | Strong | $2,005 | +0.100% | 175 | |
42 | CHARTER WEST BANK | Strong | Sound | Strong | Strong | Strong | $1,517 | +0.415% | 122 | |
43 | JPMorgan Chase Bank, National Association | Strong | Sound | Exceptional | Strong | Sound | $1,581 | +0.098% | 111 | |
44 | PLAZA HOME MORTGAGE, INC. | Strong | Sound | Exceptional | Strong | Sound | $1,427 | +0.522% | 101 | |
45 | HOMESERVICES LENDING, LLC | Strong | Acceptable | Strong | Strong | Exceptional | $2,443 | +0.278% | 504 | |
46 | GUILD MORTGAGE COMPANY LLC | Strong | Acceptable | Exceptional | Strong | Strong | $2,443 | +0.464% | 431 | |
47 | LOWER, LLC | Strong | Acceptable | Exceptional | Strong | Strong | $1,719 | +0.571% | 427 | |
48 | FAIRWAY INDEPENDENT MORTGAGE CORPORATION | Strong | Acceptable | Exceptional | Strong | Strong | $2,353 | +0.633% | 269 | |
49 | Plains Commerce Bank | Strong | Acceptable | Exceptional | Strong | Strong | $2,138 | +0.448% | 264 | |
50 | GUARANTEED RATE, INC. | Strong | Acceptable | Exceptional | Strong | Strong | $2,939 | +0.458% | 245 |
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.
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