What loan types does Iowa Bankers Mortgage Corporation offer?

Iowa Bankers Mortgage Corporation offers the following mortgage loan types: FHA, Conventional, VA, usda. Each product has its own pricing score and performance metrics.

Where does Iowa Bankers Mortgage Corporation offer mortgages?

Iowa Bankers Mortgage Corporation offers mortgages in 10 states: AZ, CO, IA, IL, KS, MN, MO, NE, SD, WI.

How competitive are Iowa Bankers Mortgage Corporation's mortgage rates?

Iowa Bankers Mortgage Corporation has an overall pricing score of 82.9/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Iowa Bankers Mortgage Corporation?

Iowa Bankers Mortgage Corporation is a Independent Mortgage Company headquartered in JOHNSTON, IA.

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Iowa Bankers Mortgage Corporation

Independent Mortgage Company•Johnston, IAHQ•Wholesale•Reviews near you on Google

We analyzed every closed loan from Iowa Bankers Mortgage Corporation — 2.3k loans across 3k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Exceptional

5/5

vs. all lenders

Pull-through

Exceptional

5/5

closing strength

Product

Exceptional

5/5

FHA · Conventional · VA · USDA

Place

Strong

4/5

Multi-Region · 11 mkts

Awards

Conventional

Champion

Purchase

Champion

Refinance

Champion

Superstar

USDA

Superstar

Summary

What They Do Well

Offers rates 4.90 basis points below market average
Lower than average lender fees
Strong pull through performance
Particularly strong in Conventional and FHA and VA and USDA loans

Explore another lender or local market

Report Card

Iowa Bankers Mortgage Corporation performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Exceptional

Rates 4.9 bps below market avg

Pull Through

Closing strength

Exceptional

Top 20% of lenders

By Loan Product· Specialization by type

Conventional

Exceptional

Top 20% of lenders

FHA

Strong

Top 40% of lenders

Strong

Top 40% of lenders

USDA

Exceptional

Top 20% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Exceptional

Top 20% of lenders

Refinance

Strong

Top 40% of lenders

By Location· Geographic coverage

Geographic Reach

Multi-Regional · 12 markets

Strong

Top 40% of lenders

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Exceptional	Exceptional	Exceptional	Exceptional	2,101	90.9%	-0.071%Below	$1,305Fees
FHA Loans	Sound	Strong	Sound	Sound	58	2.5%	+0.808%Above	$1,401Fees
VA Loans	Strong	Strong	Exceptional	Strong	52	2.2%	-0.273%Below	$159Fees
USDA Loans	Strong	Exceptional	Strong	Sound	101	4.4%	+0.288%Above	$1,017Fees

Conventional

Overall

Exceptional

Product

Exceptional

Pricing

Exceptional

Pull Through

Exceptional

Volume2,101

Mix90.9%

Spread

-0.071%Below

Fees

$1,305Fees

FHA Loans

Overall

Sound

Product

Strong

Pricing

Sound

Pull Through

Sound

Volume58

Mix2.5%

Spread

+0.808%Above

Fees

$1,401Fees

VA Loans

Overall

Strong

Product

Strong

Pricing

Exceptional

Pull Through

Strong

Volume52

Mix2.2%

Spread

-0.273%Below

Fees

$159Fees

USDA Loans

Overall

Strong

Product

Exceptional

Pricing

Strong

Pull Through

Sound

Volume101

Mix4.4%

Spread

+0.288%Above

Fees

$1,017Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Strong	Exceptional	Exceptional	Strong	2,053	88.8%	-0.049%Below	$1,310Fees
Refinance	Exceptional	Strong	Strong	Exceptional	259	11.2%	-0.049%Below	$1,012Fees

Purchase

Overall

Strong

Product

Exceptional

Pricing

Exceptional

Pull Through

Strong

Volume2,053

Mix88.8%

Spread

-0.049%Below

Fees

$1,310Fees

Refinance

Overall

Exceptional

Product

Strong

Pricing

Strong

Pull Through

Exceptional

Volume259

Mix11.2%

Spread

-0.049%Below

Fees

$1,012Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

2,312

Applications

2,899

Volume

$517 million

Pricing & Closing

Avg Rate Spread

-0.049%

vs. market APOR

Avg Net Fees

$1,276

Origination − Credits

Pullthrough Rate

79.8%

Applications → Closed

Typical Borrower

Avg Loan Amount

$224,040

Avg Borrower Income

$114,419

Avg Property Value

$306,644

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

Midwest8

IAILKSMNMONESDWI

West2

AZCO

Top Metro Areas by Place Specialization Score

1© Ron Reiring · CC BY 2.0

Ames, IAMetro

Volume 219Mix 9.47% of portfolio

100/100

Exceptional

2© Phil Roeder from Des Moines, IA, USA · CC BY 2.0

Des Moines, IAMetro

Volume 500Mix 21.63% of portfolio

90/100

Exceptional

Sioux City, IAMetro

Volume 131Mix 5.67% of portfolio

87/100

Exceptional

Omaha, NE, NE-IAMetro

Volume 96Mix 4.15% of portfolio

69/100

Strong

Cedar Rapids, IAMetro

Volume 80Mix 3.46% of portfolio

68/100

Strong

Waterloo, IAMetro

Volume 53Mix 2.29% of portfolio

62/100

Strong

Mankato, MNMetro

Volume 19Mix 0.82% of portfolio

56/100

Sound

Dubuque, IAMetro

Volume 29Mix 1.25% of portfolio

55/100

Sound

Iowa City, IAMetro

Volume 26Mix 1.12% of portfolio

53/100

Sound

Sioux Falls, SD, SD-MNMetro

Volume 26Mix 1.12% of portfolio

52/100

Sound

Showing 10 of 11 metro areas

Top States by Place Specialization Score

IowaState

Volume 2,020Mix 87.37% of portfolio

94/100

Exceptional

MinnesotaState

Volume 159Mix 6.88% of portfolio

66/100

Strong

South DakotaState

Volume 50Mix 2.16% of portfolio

59/100

Sound

NebraskaState

Volume 48Mix 2.08% of portfolio

57/100

Sound

WisconsinState

Volume 14Mix 0.61% of portfolio

40/100

Sound

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts

Pricing

Rate and fee competitiveness (33%)

10/ 30 pts

Pull Through

Reliability in closing loans (33%)

10/ 30 pts

Product

Specialization in the loan type (33%)

💎

Champion(80%+ = 24-30 points)

⭐

Superstar(60-79% = 18-23 points)

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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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

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.