# Hills Bank and Trust Company

> **Canonical URL:** https://saferate.com/lenders/hills-bank-and-trust


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Hills Bank and Trust Company is a bank, headquartered in Hills, IA, serving borrowers across 2 states, with 1,212 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 9% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 18% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300ZWA6HRT4N1Z222
- **Headquarters:** Hills, IA
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** AZ, IA
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 91/100
- Rating: ●●●●● (5/5)

### Pull Through: Exceptional 🤩
- Score: 82/100
- Rating: ●●●●● (5/5)

### Pricing Details
- **Average Rate Spread:** -0.300%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $740
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,212
- **Dollar Volume:** $294 million
- **Applications Received:** 1,371
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $242,508
- **Average Borrower Income:** $116,333
- **Average Property Value:** $321,444

## Safe Rate Awards 🏆

- 💎 **Conventional Diamond Champion** (90%)
- 💎 **Purchase Diamond Champion** (90%)
- 💎 **Refinance Diamond Champion** (84%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 83/100 | 1,212 | -0.300% | $740 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 1,087 loans, Score: 83/100 (Exceptional)
- Refinance: 125 loans, Score: 75/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 81/100 | 1,087 | $266M | -0.292% | Exceptional 🤩 |
| Refinance | 74/100 | 125 | $28M | -0.368% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IA | 1,211 | 3.42% | 90/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Iowa City, IA | IA | 626 | 100/100 |
| Cedar Rapids, IA | IA | 471 | 95/100 |
| Non |  | 95 | 49/100 |

## Where This Lender Ranks

Hills Bank and Trust Company appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Iowa Banks
  - [View Full Rankings](https://saferate.com/iowa/best-mortgage-lenders/banks)
- 🥇 **#1** in Iowa for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/iowa/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Iowa City, IA for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/iowa-city-ia/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Cedar Rapids, IA Banks
  - [View Full Rankings](https://saferate.com/cedar-rapids-ia/best-mortgage-lenders/banks)
- 🥇 **#1** in Cedar Rapids, IA for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/cedar-rapids-ia/best-mortgage-lenders/banks/conventional-loans)
- 🥈 **#2** in Iowa City, IA
  - [View Full Rankings](https://saferate.com/iowa-city-ia/best-mortgage-lenders)
- 🥈 **#2** in Iowa City, IA for Conventional Loans
  - [View Full Rankings](https://saferate.com/iowa-city-ia/best-mortgage-lenders/conventional-loans)
- 🥈 **#2** in Cedar Rapids, IA
  - [View Full Rankings](https://saferate.com/cedar-rapids-ia/best-mortgage-lenders)
- 🥈 **#2** in Cedar Rapids, IA for Conventional Loans
  - [View Full Rankings](https://saferate.com/cedar-rapids-ia/best-mortgage-lenders/conventional-loans)
- 🏆 **#4** in Iowa
  - [View Full Rankings](https://saferate.com/iowa/best-mortgage-lenders)
- 🏆 **#4** in Iowa for Conventional Loans
  - [View Full Rankings](https://saferate.com/iowa/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does Hills Bank and Trust Company offer?

Hills Bank and Trust Company offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Hills Bank and Trust Company offer mortgages?

Hills Bank and Trust Company offers mortgages in 2 states: AZ, IA.

### How competitive are Hills Bank and Trust Company's mortgage rates?

Hills Bank and Trust Company has a pricing score of 91/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.300% below market average.

### What type of lender is Hills Bank and Trust Company?

Hills Bank and Trust Company is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Hills, IA.

### What is Hills Bank and Trust Company's loan approval success rate?

Hills Bank and Trust Company has a pull-through score of 82/100 (Exceptional). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/hills-bank-and-trust

### How to Cite

> "Hills Bank and Trust Company Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/hills-bank-and-trust

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