Benton County, IA Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 1,101 mortgage applications in Benton County, IA totaling $152.0 million, down 10% from 2022. The average application was for $138,000, and applicants reported an average income of $95,000. 63% of applications resulted in an originated loan and 8% were denied. The most active lender was Greenstate Credit Union, with 185 applications, followed by Veridian Credit Union and Cedar Valley Bank & Trust.

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Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,101
Total Mortgage Loan Application Amount $152,045,000
Average Mortgage Loan Application Amount $138,000
Highest Mortgage Loan Application Amount $1,445,000
Average Applicant Income $95,000
Highest Applicant Income $2,484,000

Mortgage Company List for Lending in Benton County, IA for 2023

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ 11,283,366,000 185 $ 19,825,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 6,896,511,000 89 $ 9,775,000
Cedar Valley Bank & Trust
321 MAIN ST
LA PORTE CITY, IA 50651
* $ 111,631,000 63 $ 10,185,000
Hills Bank and Trust Company
131 EAST MAIN ST / PO BOX 160
HILLS, IA 52235
* $ 3,979,185,000 61 $ 10,255,000
Collins Community Credit Union
1150 42ND STREET NE
CEDAR RAPIDS, IA 52402
* $ 1,649,497,000 59 $ 5,705,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 6,574,512,000 43 $ 3,155,000
Dupaco Community Credit Union
PO BOX 179
DUBUQUE, IA 52004
* $ 3,010,410,000 36 $ 2,810,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 26 $ 5,950,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 26 $ 5,300,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 26 $ 4,300,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 25 $ 3,785,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 25 $ 2,355,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 23 $ 4,415,000
Atkins Savings Bank & Trust
97 MAIN AVE
ATKINS, IA 52206
* $ 137,585,000 20 $ 3,550,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 20 $ 3,300,000
Farmers Savings Bank & Trust
401 B AVE
VINTON, IA 52349
* $ 221,591,000 20 $ 1,990,000
First Federal Credit Union
425 1ST AVE SW
CEDAR RAPIDS, IA 52405
* $ 203,722,000 20 $ 2,000,000
Corda Credit Union
3015 BLAIRS FERRY RD NE
CEDAR RAPIDS, IA 52402
* $ 621,152,000 19 $ 2,415,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 19 $ 2,865,000
Flat Branch Mortgage, Inc.
101 S. FIFTH STREET, STE 200
COLUMBIA, MO 65201
* $ -1,000 18 $ 3,460,000
Residential Mortgage Network, Inc.
2461 10TH STREET SUITE 308
IOWA CITY, IA 52245
* $ -1,000 15 $ 3,235,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 15 $ 3,515,000
Chelsea Savings Bank
601 13TH STREET
BELLE PLAINE, IA 52208
* $ 177,830,000 15 $ 1,615,000
Bankiowa
7045 C AVE NE
CEDAR RAPIDS, IA 52402
* $ 785,842,000 11 $ 1,285,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 11 $ 1,625,000
Farmers State Bank
1240 8TH AVE
MARION, IA 52302
* $ 1,040,259,000 10 $ 2,240,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 8 $ 1,340,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,991,835,000 8 $ 520,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 546,228,000,000 6 $ 1,890,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 6 $ 1,100,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 6 $ 770,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 6 $ 1,030,000
Community 1st Credit Union
1030 SIERRA DR NE
OTTUMWA, IA 52501
* $ 939,053,000 6 $ 410,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 6 $ 1,170,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 5 $ 935,000
Gnb Bank
529 G AVENUE
GRUNDY CENTER, IA 50638
* $ 630,557,000 5 $ 685,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 182,325,674,000 4 $ 470,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,717,531,000,000 4 $ 520,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 3,765,608,000 4 $ 790,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 4 $ 1,000,000
Cedar Rapids Bank and Trust
500 1ST AVENUE NE SUITE 100
CEDAR RAPIDS, IA 52401
* $ 2,170,814,000 4 $ 270,000
Northeast Security Bank
108 NORTH CARPENTER
SUMNER, IA 50674
* $ 442,357,000 3 $ 395,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 3 $ 285,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ 3,141,703,000 3 $ 115,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 3 $ 655,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 3 $ 465,000
Fairfax State Savings Bank
PO BOX 277
FAIRFAX, IA 52228
* $ 242,787,000 3 $ 545,000
Bankers Trust Company
453 7TH ST.
DES MOINES, IA 50309
* $ 6,104,235,000 3 $ 815,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 3 $ 245,000
Ohnward Bank and Trust
332 1ST AVE W
CASCADE, IA 52033
* $ 391,537,000 3 $ 675,000
Kerndt Brothers Savings Bank
370 MAIN ST PO BOX 370
LANSING, IA 52151
* $ 346,622,000 2 $ 220,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 2 $ 270,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 2 $ 480,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 2 $ 140,000
Luana Savings Bank
100 HARVEST DRIVE
LUANA, IA 52156
* $ 2,036,937,000 2 $ 410,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 2 $ 650,000
Farmers State Bank
131 TOWER PARK DRIVE SUITE 100
WATERLOO, IA 50701
* $ 1,542,625,000 2 $ 240,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 290,000
Bridge Community Bank
405 E 5TH STREET PO BOX 580
SOLON, IA 52333
* $ 122,644,000 2 $ 250,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 2 $ 550,000
Hiawatha Bank & Trust Company
253 BROADWAY
HIAWATHA, IA 52233
* $ 146,254,000 2 $ 510,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,418,508,000,000 2 $ 60,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 176,980,258,000 2 $ 260,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 2 $ 180,000
Aim Credit Union
1200 ASSOCIATES DR STE 102
DUBUQUE, IA 52002
* $ 162,421,000 2 $ 80,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 2 $ 440,000
Homeservices Lending LLC
2900 100TH STREET SUITE 109
URBANDALE, IA 50322
* $ -1,000 2 $ 280,000
Community Savings Bank
PO BOX 77
EDGEWOOD, IA 52402
* $ 545,780,000 2 $ 200,000
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ 2,035,629,000 2 $ 60,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 154,203,000,000 2 $ 150,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 2 $ 390,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,601,623,000 1 $ 145,000
City 1st Mortgage Services, Lc
750 S. MAIN SUITE 104
BOUNTIFUL, UT 84010
* $ -1,000 1 $ 115,000
Thompson Kane & Company, Inc
8020 EXCELSIOR DRIVE SUITE 401
MADISON, WI 53717
* $ -1,000 1 $ 175,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 1 $ 325,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 1 $ 105,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 185,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ 9,123,708,000 1 $ 195,000
Oaktree Funding Corp
1298 WEST 7TH STREET
CHANDLER, AZ 85226
* $ -1,000 1 $ 325,000
Loan Funder LLC
645 MADISON AVENUE, 19TH FLOOR
NEW YORK, NY 10022
* $ -1,000 1 $ 65,000
Bankorion
1114 4TH STREET
ORION, IL 61273
* $ 612,018,000 1 $ 85,000
Data Mortgage, Inc

OCALA, FL 34475
* $ -1,000 1 $ 135,000
Keystone Savings Bank
81 MAIN STREET, PO BOX 367
KEYSTONE, IA 52249
* $ 169,127,000 1 $ 115,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 175,000
First State Bank
413 EAST ST
LYNNVILLE, IA 50153
* $ 319,422,000 1 $ 75,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 450,910,000 1 $ 295,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 1 $ 55,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 125,000
Contract Exchange Corporation
425 2ND ST SE #370
CEDAR RAPIDS, IA 52401
* $ -1,000 1 $ 35,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 1 $ 15,000
Ixonia Bank
W1046 MARIETTA AVE
IXONIA, WI 53036
* $ 607,423,000 1 $ 155,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 1 $ 115,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 1 $ 75,000
The Security National Bank of Sioux City, Iowa
601 PIERCE STREET
SIOUX CITY, IA 51101
* $ 1,330,926,000 1 $ 85,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 2,040,399,000 1 $ 355,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 1 $ 265,000
Lincoln Savings Bank
301 WASHINGTON ST
REINBECK, IA 50669
* $ 1,845,506,000 1 $ 285,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 1 $ 135,000
Fortress Bank
9000 N. KNOXVILLE AVENUE
PEORIA, IL 61615
* $ 619,628,000 1 $ 95,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 115,000
Readlyn Savings Bank
141 MAIN STREET PO BOX 40
READLYN, IA 50668
* $ 133,063,000 1 $ 205,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 235,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 1 $ 115,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ 1,034,078,000 1 $ 75,000

The tables below break down 2023 mortgage applications in Benton County, IA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Benton County, IA in 2023

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 596 $104,830,000 $175,000 $1,445,000 $97,000 $2,484,000
Cash-out Refinancing 141 $19,335,000 $137,000 $435,000 $86,000 $300,000
Refinancing 127 $14,975,000 $117,000 $625,000 $88,000 $305,000
Other Purpose 122 $6,680,000 $54,000 $345,000 $94,000 $317,000
Home Improvement 114 $6,170,000 $54,000 $335,000 $110,000 $471,000
Not Applicable 1 $55,000 $55,000 $55,000 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 878 $112,560,000 $128,000 $725,000 $96,000 $2,484,000
Not applicable 153 $30,285,000 $197,000 $1,445,000 $112,000 $251,000
Not Provided 48 $6,170,000 $128,000 $305,000 $78,000 $145,000
Hispanic 12 $1,610,000 $134,000 $355,000 $68,000 $121,000
American Indian or Alaskan Native 4 $260,000 $65,000 $95,000 $52,000 $126,000
Black or African American 4 $630,000 $157,000 $265,000 $71,000 $108,000
Asian 2 $530,000 $265,000 $355,000 $233,000 $412,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 930 $120,000,000 $129,000 $1,445,000 $97,000 $2,484,000
FHA-insured (Federal Housing Administration) 70 $11,940,000 $170,000 $485,000 $76,000 $202,000
VA-guaranteed (Veterans Administration) 52 $13,030,000 $250,000 $725,000 $100,000 $260,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 49 $7,075,000 $144,000 $215,000 $85,000 $900,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 697 $96,125,000 $137,000 $1,445,000 $95,000 $606,000
Loan Purchased By The Institution 141 $28,525,000 $202,000 $725,000 $96,000 $251,000
Application Withdrawn By Applicant 95 $11,785,000 $124,000 $465,000 $117,000 $2,484,000
Application Denied By Financial Institution 92 $8,290,000 $90,000 $325,000 $78,000 $471,000
File Closed For Incompleteness 50 $4,120,000 $82,000 $375,000 $92,000 $207,000
Application Approved But Not Accepted 24 $2,970,000 $123,000 $405,000 $85,000 $200,000
Preapproval Approved but not Accepted 1 $185,000 $185,000 $185,000 $95,000 $95,000
Preapproval Denied by Financial Institution 1 $45,000 $45,000 $45,000 $38,000 $38,000

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 866 $121,800,000 $140,000 $725,000 $96,000 $2,484,000
Debt-To-Income Ratio 176 $24,830,000 $141,000 $1,445,000 $96,000 $900,000
Credit History 30 $1,590,000 $53,000 $235,000 $90,000 $471,000
Collateral 14 $2,280,000 $162,000 $285,000 $88,000 $181,000
Credit Application Incomplete 6 $820,000 $136,000 $305,000 $71,000 $123,000
Other 4 $90,000 $22,000 $25,000 $68,000 $100,000
Unverifiable Information 3 $435,000 $145,000 $325,000 $68,000 $98,000
Insufficient Cash (Downpayment, Closing Cost) 2 $200,000 $100,000 $125,000 $41,000 $46,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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