Des Moines County, IA Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 814 mortgage applications in Des Moines County, IA totaling $92.5 million, down 27% from 2022. The average application was for $113,000, and applicants reported an average income of $86,000. 59% of applications resulted in an originated loan and 14% were denied. The most active lender was Two Rivers Bank & Trust, with 173 applications, followed by Iowa Bankers Mortgage Corporation and Greenstate Credit Union.

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Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

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 814
Total Mortgage Loan Application Amount $92,500,000
Average Mortgage Loan Application Amount $113,000
Highest Mortgage Loan Application Amount $685,000
Average Applicant Income $86,000
Highest Applicant Income $533,000

Mortgage Company List for Lending in Des Moines 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
Two Rivers Bank & Trust
222 N. MAIN ST
BURLINGTON, IA 52601
* $ 956,239,000 173 $ 16,705,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 68 $ 10,280,000
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ 11,283,366,000 37 $ 2,935,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 6,574,512,000 33 $ 2,265,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 30 $ 3,210,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 1,054,618,000 29 $ 3,765,000
Ruhl Mortgage LLC
1701 52ND AVENUE
MOLINE, IL 61265
* $ -1,000 28 $ 3,360,000
First Interstate Bank
PO BOX 30918
BILLINGS, MT 59101
* $ 32,216,733,000 27 $ 1,365,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 26 $ 3,130,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 23 $ 4,045,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 18 $ 2,610,000
Aim Credit Union
1200 ASSOCIATES DR STE 102
DUBUQUE, IA 52002
* $ 162,421,000 15 $ 1,245,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 12 $ 2,110,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 12 $ 1,380,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 11 $ 1,665,000
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ 2,035,629,000 9 $ 425,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 9 $ 1,245,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 6,896,511,000 9 $ 655,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,717,531,000,000 8 $ 680,000
Community 1st Credit Union
1030 SIERRA DR NE
OTTUMWA, IA 52501
* $ 939,053,000 7 $ 715,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 7 $ 655,000
BNC National Bank

BISMARCK, ND 58501
* $ 942,438,000 6 $ 730,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ 3,141,703,000 6 $ 140,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 6 $ 1,380,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 6 $ 1,190,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 6 $ 930,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 3,765,608,000 4 $ 600,000
Community Choice Credit Union
1351 NW 114TH ST, P.O. BOX 71247
JOHNSTON, IA 50131
* $ 797,643,000 4 $ 250,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 4 $ 610,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 4 $ 410,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ 1,034,078,000 4 $ 360,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 3 $ 235,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 3 $ 365,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 3 $ 525,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 3 $ 555,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 3 $ 345,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ -1,000 3 $ 575,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 546,228,000,000 3 $ 285,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 3 $ 445,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 3 $ 215,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 3,765,448,000 3 $ 255,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 176,980,258,000 3 $ 1,345,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ -1,000 3 $ 535,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,418,508,000,000 3 $ 75,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 3 $ 325,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 3 $ 135,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 2 $ 340,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 2 $ 250,000
Fortress Bank
9000 N. KNOXVILLE AVENUE
PEORIA, IL 61615
* $ 619,628,000 2 $ 230,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 2 $ 200,000
Universal Lending Corporation
6430 S FIDDLERS GREEN CIR STE 460
GREENWOOD VILLAGE, CO 80111
* $ -1,000 2 $ 340,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 2 $ 570,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 2 $ 230,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 400,000
Data Mortgage, Inc

OCALA, FL 34475
* $ -1,000 2 $ 300,000
Residential Mortgage Network, Inc.
2461 10TH STREET SUITE 308
IOWA CITY, IA 52245
* $ -1,000 2 $ 300,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 154,203,000,000 2 $ 560,000
Oaktree Funding Corp
1298 WEST 7TH STREET
CHANDLER, AZ 85226
* $ -1,000 2 $ 230,000
Great Southern Bank
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ 5,684,000,000 2 $ 170,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ -1,000 2 $ 280,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 2 $ 70,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 2 $ 250,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 2 $ 450,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 2 $ 170,000
Go Mortgage, LLC

COLUMBUS, OH 43219
* $ -1,000 2 $ 120,000
Ohnward Bank and Trust
332 1ST AVE W
CASCADE, IA 52033
* $ 391,537,000 2 $ 100,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 46,490,438,000 1 $ 255,000
Luana Savings Bank
100 HARVEST DRIVE
LUANA, IA 52156
* $ 2,036,937,000 1 $ 55,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,991,835,000 1 $ 175,000
Fourleaf Federal Credit Union
899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714
* $ 11,943,023,000 1 $ 55,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 1 $ 55,000
Hills Bank and Trust Company
131 EAST MAIN ST / PO BOX 160
HILLS, IA 52235
* $ 3,979,185,000 1 $ 45,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 1,052,701,000 1 $ 155,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 1 $ 75,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 55,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 441,843,000 1 $ 75,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 1 $ 85,000
Amcap Mortgage, Ltd.
9999 BELLAIRE BLVD., SUITE 700
AUSTIN, TX 77036
* $ -1,000 1 $ 225,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 1 $ 105,000
Quad City Bank and Trust
4500 NORTH BRADY STREET
DAVENPORT, IA 52806
* $ 2,304,453,000 1 $ 25,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 1 $ 145,000
Cedar Rapids Bank and Trust
500 1ST AVENUE NE SUITE 100
CEDAR RAPIDS, IA 52401
* $ 2,170,814,000 1 $ 365,000
Citizens Equity First Credit U
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ 7,677,655,000 1 $ 55,000
Midwest Bank
200 EAST BROADWAY, P.O. BOX 440
MONMOUTH, IL 61462
* $ 679,419,000 1 $ 95,000
Cbi Bank & Trust
301 IOWA AVE
MUSCATINE, IA 52761
* $ 1,114,078,000 1 $ 135,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 1 $ 75,000
Beeline Loans, Inc.
188 VALLEY ST SUITE 225
PROVIDENCE, RI 02909
* $ -1,000 1 $ 155,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 1 $ 185,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 1 $ 85,000
First Mid Bank and Trust, NA
1515 CHARLESTON AVE, PO BOX 499
MATTOON, IL 61938
* $ 6,704,869,000 1 $ 75,000
Bankorion
1114 4TH STREET
ORION, IL 61273
* $ 612,018,000 1 $ 65,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 45,000
Southwest Funding LP
13150 COIT ROAD STE 100
DALLAS, TX 75240
* $ -1,000 1 $ 125,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 65,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 552,307,127,000 1 $ 15,000
Corda Credit Union
3015 BLAIRS FERRY RD NE
CEDAR RAPIDS, IA 52402
* $ 621,152,000 1 $ 55,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 1 $ 85,000
Secured Investment Corp
701 E FRONT AVE
COEUR D'ALENE, ID 83814
* $ -1,000 1 $ 105,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 35,526,360,000 1 $ 25,000
Premier Mortgage Resources, LLC
3363 E PRESIDENTIAL DR STE 200
MERIDIAN, ID 83646
* $ -1,000 1 $ 85,000
Flagstar Bank NA

TROY, MI 49098
* $ 90,036,656,000 1 $ 125,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 1 $ 45,000

The tables below break down 2023 mortgage applications in Des Moines 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 Des Moines 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 495 $69,285,000 $139,000 $685,000 $88,000 $533,000
Cash-out Refinancing 90 $8,730,000 $97,000 $265,000 $73,000 $185,000
Refinancing 87 $8,925,000 $102,000 $515,000 $84,000 $316,000
Home Improvement 80 $2,600,000 $32,000 $195,000 $100,000 $498,000
Other Purpose 59 $2,765,000 $46,000 $205,000 $78,000 $327,000
Not Applicable 3 $195,000 $65,000 $95,000 $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 600 $66,830,000 $111,000 $605,000 $82,000 $533,000
Not applicable 87 $10,845,000 $124,000 $515,000 $322,000 $530,000
Not Provided 68 $8,450,000 $124,000 $605,000 $112,000 $530,000
Black or African American 29 $2,755,000 $95,000 $685,000 $84,000 $478,000
Hispanic 14 $1,620,000 $115,000 $225,000 $91,000 $146,000
Asian 8 $730,000 $91,000 $225,000 $57,000 $104,000
American Indian or Alaskan Native 2 $230,000 $115,000 $195,000 $187,000 $250,000
Native Hawaiian or Other Pacific Islander 1 $195,000 $195,000 $195,000 $111,000 $111,000

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) 577 $58,445,000 $101,000 $605,000 $91,000 $533,000
FHA-insured (Federal Housing Administration) 157 $19,115,000 $121,000 $485,000 $65,000 $258,000
VA-guaranteed (Veterans Administration) 72 $13,500,000 $187,000 $685,000 $86,000 $478,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 8 $1,440,000 $180,000 $225,000 $74,000 $95,000

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 477 $56,235,000 $117,000 $685,000 $89,000 $533,000
Application Denied By Financial Institution 115 $9,915,000 $86,000 $605,000 $77,000 $340,000
Application Withdrawn By Applicant 89 $10,985,000 $123,000 $505,000 $77,000 $264,000
Loan Purchased By The Institution 72 $9,910,000 $137,000 $515,000 $226,000 $530,000
Application Approved But Not Accepted 30 $2,710,000 $90,000 $365,000 $81,000 $167,000
File Closed For Incompleteness 28 $2,590,000 $92,000 $285,000 $92,000 $287,000
Preapproval Approved but not Accepted 2 $120,000 $60,000 $65,000 $69,000 $76,000
Preapproval Denied by Financial Institution 1 $35,000 $35,000 $35,000 $36,000 $36,000

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 695 $82,025,000 $118,000 $685,000 $88,000 $533,000
Credit History 38 $2,400,000 $63,000 $205,000 $68,000 $259,000
Debt-To-Income Ratio 34 $3,190,000 $93,000 $365,000 $60,000 $225,000
Collateral 22 $1,790,000 $81,000 $165,000 $78,000 $250,000
Credit Application Incomplete 10 $1,170,000 $117,000 $275,000 $103,000 $154,000
Other 10 $1,420,000 $142,000 $605,000 $130,000 $340,000
Unverifiable Information 3 $315,000 $105,000 $155,000 $61,000 $82,000
Insufficient Cash (Downpayment, Closing Cost) 2 $190,000 $95,000 $135,000 $61,000 $102,000
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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