Safe Rate Rankings

Best Conventional 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 Lenders162
Total Loans34,766
Median Rate Spread0.33%

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