Safe Rate Rankings

Best FHA 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
RUHL MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Exceptional
Strong
Exceptional
Strong
$832Fees
0.039%Below
344
3
RESIDENTIAL MORTGAGE NETWORK, INC.Independent Mortgage Company
Exceptional
Strong
Strong
Exceptional
Exceptional
$1,199Fees
0.017%Below
424
4
Great Southern BankBank
Exceptional
Exceptional
Strong
Strong
Strong
$1,486Fees
0.018%Above
129
5
FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$2,367Fees
0.684%Above
170
6
ARK-LA-TEX FINANCIAL SERVICES, LLC.Independent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$3,069Fees
0.452%Above
155
7
CHARTER WEST BANKBank
Exceptional
Strong
Exceptional
Strong
Strong
$1,517Fees
0.415%Above
122
8
U.S. Bank National AssociationBank
Exceptional
Strong
Exceptional
Sound
Strong
$965Fees
0.210%Above
838
9
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Strong
$2,183Fees
0.292%Above
717
10
HOMESERVICES LENDING, LLCIndependent Mortgage Company
Exceptional
Sound
Strong
Exceptional
Exceptional
$2,443Fees
0.278%Above
504
11
Fortress BankBank
Exceptional
Sound
Strong
Exceptional
Exceptional
$1,548Fees
0.271%Above
452
12
Fidelity BankBank
Exceptional
Strong
Strong
Strong
Strong
$1,403Fees
0.225%Above
238
13
FLAT BRANCH MORTGAGE, INC.Independent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Strong
$1,922Fees
0.355%Above
229
14
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Sound
Strong
$2,005Fees
0.100%Above
175
15
First National Bank of OmahaBank
Exceptional
Strong
Strong
Strong
Strong
$1,846Fees
0.280%Above
113
16
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,334Fees
0.508%Above
1,620
17
Central BankBank
Strong
Strong
Sound
Sound
Exceptional
$2,067Fees
0.094%Below
495
18
GERSHMAN INVESTMENT CORP.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$1,334Fees
0.037%Below
466
19
Plains Commerce BankBank
Strong
Sound
Exceptional
Strong
Strong
$2,138Fees
0.448%Above
264
20
Lincoln Savings BankBank
Strong
Strong
Sound
Strong
Strong
$1,459Fees
0.112%Above
263
21
LOANDEPOT.COM, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$3,419Fees
0.475%Above
164
22
The Central Trust BankBank
Strong
Sound
Exceptional
Strong
Strong
$1,713Fees
0.309%Above
102
23
IOWA BANKERS MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Sound
Strong
Sound
Exceptional
$1,157Fees
0.056%Below
2,020
24
Northwest BankBank
Strong
Sound
Sound
Strong
Exceptional
$1,074Fees
0.073%Above
900
25
FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$2,353Fees
0.633%Above
269
26
NEWREZ LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Sound
Strong
$2,114Fees
0.297%Above
153
27
Flagstar Bank, N.A.Bank
Strong
Sound
Exceptional
Strong
Sound
$1,873Fees
0.394%Above
121
28
Wells Fargo Bank, National AssociationBank
Strong
Sound
Strong
Sound
Strong
$1,696Fees
0.120%Above
516
29
GUILD MORTGAGE COMPANY LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,443Fees
0.464%Above
431
30
LOWER, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$1,719Fees
0.571%Above
427
31
Barrington Bank & Trust Company, National AssociationBank
Strong
Acceptable
Exceptional
Strong
Strong
$2,332Fees
0.325%Above
315
32
GUARANTEED RATE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,939Fees
0.458%Above
245
33
CMG MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,797Fees
0.390%Above
222
34
FRONTIER FINANCIAL, INC.Independent Mortgage Company
Strong
Acceptable
Strong
Exceptional
Strong
$2,311Fees
0.418%Above
184
35
MOVEMENT MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,644Fees
0.431%Above
173
36
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIPIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,834Fees
0.993%Above
157
37
STOCKTON MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,337Fees
0.637%Above
131
38
FIRST COMMUNITY MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Sound
$2,375Fees
0.386%Above
99
39
V.I.P. MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Sound
$1,630Fees
0.399%Above
94
40
Mortgage Research Center, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Strong
$2,022Fees
0.557%Above
686
41
AMERICAN PACIFIC MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Mediocre
Exceptional
Exceptional
Strong
$3,470Fees
0.606%Above
315
42
Flanagan State BankBank
Strong
Acceptable
Strong
Strong
Strong
$2,578Fees
0.606%Above
157
43
JPMorgan Chase Bank, National AssociationBank
Strong
Sound
Strong
Sound
Sound
$1,581Fees
0.098%Above
111
44
PLAZA HOME MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Sound
$1,427Fees
0.522%Above
101
45
AMERIHOME MORTGAGE COMPANY, LLCIndependent Mortgage Company
Strong
Sound
Strong
Sound
Sound
$2,756Fees
0.497%Above
83
46
Servion, Inc.Independent Mortgage Company
Strong
Sound
Strong
Sound
Sound
$1,025Fees
0.326%Above
73
47
NEW AMERICAN FUNDING, LLCIndependent Mortgage Company
Strong
Mediocre
Exceptional
Sound
Exceptional
$2,805Fees
0.529%Above
1,138
48
NATIONSTAR MORTGAGE LLCIndependent Mortgage Company
Strong
Mediocre
Exceptional
Strong
Strong
$2,834Fees
0.416%Above
139
49
MUTUAL OF OMAHA MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Sound
$1,494Fees
0.314%Above
72
50
CARRINGTON MORTGAGE SERVICES, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Sound
$3,986Fees
0.692%Above
71

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.