Lee County, IA Mortgage Lenders & HMDA Data, 2021

In 2021, lenders reported 705 mortgage applications in Lee County, IA totaling $91.8 million, up 16% from 2020. The average application was for $130,000, and applicants reported an average income of $78,000. 56% of applications resulted in an originated loan and 17% were denied. The most active lender was Two Rivers Bank & Trust, with 51 applications, followed by Iowa Bankers Mortgage Corporation and Plains Commerce Bank.

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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 705
Total Mortgage Loan Application Amount $91,785,000
Average Mortgage Loan Application Amount $130,000
Highest Mortgage Loan Application Amount $1,575,000
Average Applicant Income $78,000
Highest Applicant Income $1,915,000

Mortgage Company List for Lending in Lee County, IA for 2021

* 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
* $ 853,289,000 51 $ 5,305,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 50 $ 7,180,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 707,275,000 43 $ 4,535,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 4,645,441,000 41 $ 3,535,000
United Community Bank
104 N MACOUPIN
CHATHAM, IL 62629
* $ 2,663,225,000 28 $ 3,320,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 26 $ 2,790,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 25 $ 3,825,000
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ 5,757,174,000 21 $ 1,575,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 18 $ 2,560,000
Fortress Bank
9000 N. KNOXVILLE AVENUE
PEORIA, IL 61615
* $ 473,977,000 18 $ 2,120,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 16 $ 2,880,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 13 $ 2,125,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 13 $ 3,545,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,747,398,000,000 12 $ 1,540,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 11 $ 805,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 10 $ 1,530,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 9 $ 1,215,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 9 $ 885,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 8 $ 1,170,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 8 $ 870,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,002,264,000 7 $ 535,000
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ 1,474,943,000 7 $ 1,065,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 7 $ 775,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 6 $ 1,050,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 6 $ 520,000
Community Choice Credit Union
1351 NW 114TH ST, P.O. BOX 71247
JOHNSTON, IA 50131
* $ 550,225,000 6 $ 970,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 5 $ 915,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 5 $ 365,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 5 $ 995,000
Great Western Bank
225 S MAIN AVE
SIOUX FALLS, SD 57104
* $ 12,848,070,000 5 $ 435,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 5 $ 635,000
Dubuque Bank and Trust Company
1398 CENTRAL AVENUE
DUBUQUE, IA 52001
* $ 1,646,105,000 4 $ 220,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 4 $ 640,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 4 $ 340,000
Ruhl Mortgage LLC
1701 52ND AVENUE
MOLINE, IL 61265
* $ -1,000 4 $ 610,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 4 $ 650,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 4 $ 530,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 4 $ 940,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 629,553,000 3 $ 225,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 3 $ 245,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 3 $ 525,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,864,126,000 3 $ 605,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 3 $ 405,000
Midwest Heritage Bank FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ 285,828,000 3 $ 235,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 3 $ 335,000
Community 1st Credit Union
1030 SIERRA DR NE
OTTUMWA, IA 52501
* $ 709,695,000 3 $ 415,000
Collins Community Credit Union
1150 42ND STREET NE
CEDAR RAPIDS, IA 52402
* $ 1,233,409,000 2 $ 410,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 2 $ 480,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 2 $ 220,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 2 $ 330,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 2 $ 500,000
Hometown Equity Mortgage, LLC
25531 COMMERCENTRE DRIVE SUITE 250
LAKE FOREST, CA 92630
* $ -1,000 2 $ 170,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 2 $ 260,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ -1,000 2 $ 380,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 4,348,222,000 2 $ 100,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 2 $ 190,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 604,528,000 2 $ 620,000
Commerce Bank
922 WALNUT, TB 12-1
KANSAS CITY, MO 64106
* $ 25,955,469,000 1 $ 15,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 1 $ 105,000
Cedar Rapids Bank and Trust
500 1ST AVENUE NE SUITE 100
CEDAR RAPIDS, IA 52401
* $ 1,575,250,000 1 $ 65,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,432,105,000 1 $ 85,000
Lincoln Federal Svgs Bk of Ne
1101 N STREET
LINCOLN, NE 68520
* $ 307,643,000 1 $ 175,000
Nebraska Bank of Commerce
6000 VILLAGE DRIVE, STE 100
LINCOLN, NE 68516
* $ 151,019,000 1 $ 1,575,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 1 $ 255,000
Nqm Funding, LLC
E, 4800 N FEDERAL HWY #200
BOCA RATON, FL 33431
* $ -1,000 1 $ 155,000
Homebank
PO BOX 311
PALMYRA, MO 63461
* $ 421,979,000 1 $ 95,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 1 $ 175,000
Aim Credit Union
1200 ASSOCIATES DR STE 102
DUBUQUE, IA 52002
* $ 130,499,000 1 $ 115,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 1 $ 95,000
Geneva Financial LLC
180 S ARIZONA AVE STE 310
CHANDLER, AZ 85225
* $ -1,000 1 $ 105,000
Great Southern Bank
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ 5,014,991,000 1 $ 85,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 1 $ 85,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 25,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 1 $ 185,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 1 $ 165,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ 12,244,742,000 1 $ 105,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 2,186,056,000 1 $ 165,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 1 $ 45,000
Roundpoint Mortgage Servicing LLC
446 WRENPLACE ROAD
FORT MILL, SC 29715
* $ -1,000 1 $ 335,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 1 $ 125,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 41,950,721,000 1 $ 45,000
Bankers' Bank
7700 MINERAL POINT ROAD
MADISON, WI 53717
* $ 720,844,000 1 $ 155,000
West Gate Bank
6003 OLD CHENEY ROAD
LINCOLN, NE 68516
* $ 737,952,000 1 $ 115,000
Canopy Mortgage, LLC
360 TECHNOLOGY COURT STE. 200
LINDON, UT 84003
* $ -1,000 1 $ 115,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 6,120,102,000 1 $ 255,000
Cbi Bank & Trust
301 IOWA AVE
MUSCATINE, IA 52761
* $ 526,087,000 1 $ 105,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 195,000
Bank Iowa
1150 JORDAN CREEK PARKWAY
WEST DES MOINES, IA 50266
* $ 1,391,958,000 1 $ 245,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 1 $ 145,000
Hills Bank and Trust Company
131 EAST MAIN ST / PO BOX 160
HILLS, IA 52235
* $ 3,299,556,000 1 $ 165,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 1 $ 125,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 32,343,129,000 1 $ 65,000
Residential Mortgage Network, Inc.
2461 10TH STREET SUITE 308
IOWA CITY, IA 52245
* $ -1,000 1 $ 175,000
Ally Bank

CHARLOTTE, NC 28202
* $ 167,492,000,000 1 $ 85,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 1 $ 195,000
Bank of Springfield
2600 STEVENSON DRIVE
SPRINGFIELD, IL 62711
* $ 1,040,288,000 1 $ 125,000
BNC National Bank

BISMARCK, ND 58501
* $ 965,305,000 1 $ 135,000
Weichert Financial Services
225 LITTLETON ROAD
MORRIS PLAINS, NJ 07950
* $ -1,000 1 $ 255,000
America First Federal Credit Union
4774 S 1300 W, BLDG 3
RIVERDALE, UT 84405
* $ 11,712,644,000 1 $ 15,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 1 $ 365,000
Peoples Bank
12701 UNIVERSITY AVE
CLIVE, IA 50325
* $ 341,175,000 1 $ 1,555,000

The tables below break down 2021 mortgage applications in Lee 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 Lee County, IA in 2021

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 307 $41,615,000 $135,000 $1,575,000 $76,000 $1,915,000
Refinancing 222 $28,700,000 $129,000 $465,000 $80,000 $471,000
Cash-out Refinancing 130 $18,250,000 $140,000 $805,000 $76,000 $229,000
Home Improvement 24 $1,040,000 $43,000 $105,000 $69,000 $207,000
Other Purpose 16 $1,800,000 $112,000 $335,000 $103,000 $471,000
Not Applicable 6 $380,000 $63,000 $85,000 $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 540 $65,840,000 $121,000 $1,005,000 $77,000 $1,915,000
Not Provided 86 $13,900,000 $161,000 $805,000 $78,000 $313,000
Not applicable 51 $8,825,000 $173,000 $1,575,000 $145,000 $197,000
Black or African American 14 $1,740,000 $124,000 $235,000 $57,000 $129,000
Hispanic 9 $965,000 $107,000 $225,000 $103,000 $314,000
Asian 4 $490,000 $122,000 $205,000 $81,000 $93,000
American Indian or Alaskan Native 1 $25,000 $25,000 $25,000 $64,000 $64,000
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) 465 $61,125,000 $131,000 $1,575,000 $86,000 $1,915,000
FHA-insured (Federal Housing Administration) 114 $11,510,000 $100,000 $335,000 $49,000 $128,000
VA-guaranteed (Veterans Administration) 104 $17,120,000 $164,000 $345,000 $63,000 $204,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 22 $2,030,000 $92,000 $145,000 $51,000 $76,000

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 395 $50,735,000 $128,000 $1,555,000 $82,000 $1,915,000
Application Denied By Financial Institution 117 $14,085,000 $120,000 $805,000 $68,000 $275,000
Application Withdrawn By Applicant 94 $15,090,000 $160,000 $1,575,000 $76,000 $314,000
Loan Purchased By The Institution 46 $5,860,000 $127,000 $305,000 $103,000 $200,000
File Closed For Incompleteness 29 $2,965,000 $102,000 $225,000 $67,000 $191,000
Application Approved But Not Accepted 22 $2,730,000 $124,000 $275,000 $70,000 $229,000
Preapproval Approved but not Accepted 2 $320,000 $160,000 $205,000 $50,000 $59,000
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

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 539 $71,025,000 $131,000 $1,555,000 $76,000 $471,000
Debt-To-Income Ratio 68 $9,390,000 $138,000 $1,575,000 $99,000 $1,915,000
Credit History 42 $4,140,000 $98,000 $345,000 $77,000 $275,000
Collateral 22 $2,950,000 $134,000 $335,000 $67,000 $137,000
Credit Application Incomplete 16 $1,780,000 $111,000 $305,000 $67,000 $204,000
Other 16 $2,150,000 $134,000 $325,000 $65,000 $118,000
Unverifiable Information 1 $305,000 $305,000 $305,000 $113,000 $113,000
Insufficient Cash (Downpayment, Closing Cost) 1 $45,000 $45,000 $45,000 $43,000 $43,000
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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