Top Mortgage Lenders in Iowa (2025)
In 2025, 646 lenders made 75,779 home loans worth $16.1 billion in Iowa, according to Home Mortgage Disclosure Act (HMDA) data. The five largest made 31.2% of them. Greenstate Credit Union made the most. Below: the top 25 lenders overall, then the top lenders for each kind of loan.
The 25 largest mortgage lenders in Iowa, 2025
Ranked by the number of home loans each lender made (originated) in Iowa in 2025, wherever the lender is based.
| # | Lender | Loans made | Loan volume | Avg. loan | Market share | Denial rate |
|---|---|---|---|---|---|---|
| 1 | Greenstate Credit Union North Liberty, IA | 10,661 | $1.9B | $181,000 | 14.1% | 6.7% |
| 2 | Veridian Credit Union Waterloo, IA | 6,247 | $922.5M | $148,000 | 8.2% | 10.8% |
| 3 | Hills Bank and Trust Company Hills, IA | 2,874 | $632.8M | $220,000 | 3.8% | 6.6% |
| 4 | Dupaco Community Credit Union Dubuque, IA | 1,990 | $248.7M | $125,000 | 2.6% | 17.5% |
| 5 | Iowa Bankers Mortgage Corporation Johnston, IA | 1,849 | $403.9M | $218,000 | 2.4% | 16.6% |
| 6 | Community Choice Credit Union Johnston, IA | 1,760 | $345.2M | $196,000 | 2.3% | 15.1% |
| 7 | Northwest Bank Spencer, IA | 1,743 | $383.1M | $220,000 | 2.3% | 6.5% |
| 8 | US Bank, N.A. Cincinnati, OH | 1,593 | $278.6M | $175,000 | 2.1% | 30.1% |
| 9 | New American Funding, Llc. Tustin, CA | 1,432 | $259.2M | $181,000 | 1.9% | 9.5% |
| 10 | United Wholesale Mortgage Plymouth, MI | 1,391 | $349.9M | $252,000 | 1.8% | 13.4% |
| 11 | Midwestone Bank Iowa City, IA | 1,090 | $190.7M | $175,000 | 1.4% | 16.9% |
| 12 | Mortgage Research Center Columbia, MO | 957 | $233.8M | $244,000 | 1.3% | 25.8% |
| 13 | Community 1st Credit Union Ottumwa, IA | 946 | $83.0M | $88,000 | 1.2% | 15.4% |
| 14 | Central Bank Storm Lake, IA | 916 | $253.9M | $277,000 | 1.2% | 5.2% |
| 15 | Collins Community Credit Union Cedar Rapids, IA | 778 | $109.7M | $141,000 | 1.0% | 19.3% |
| 16 | Bank Iowa West Des Moines, IA | 735 | $196.6M | $268,000 | 1.0% | 10.7% |
| 17 | Empeople Credit Union Moline, IL | 720 | $131.6M | $183,000 | 1.0% | 17.1% |
| 18 | Fidelity Bank & Trust Dubuque, IA | 714 | $150.6M | $211,000 | 0.9% | 3.5% |
| 19 | DHI Mortgage Company, Ltd. Austin, TX | 671 | $194.9M | $290,000 | 0.9% | 13.3% |
| 20 | Guaranteed Rate, Inc. Chicago, IL | 654 | $122.8M | $188,000 | 0.9% | 9.4% |
| 21 | Luana Savings Bank Luana, IA | 634 | $211.9M | $334,000 | 0.8% | 2.9% |
| 22 | PennyMac Loan Services LLC Westlake Village, CA | 631 | $121.8M | $193,000 | 0.8% | 21.0% |
| 23 | Bankers Trust Company Des Moines, IA | 576 | $215.0M | $373,000 | 0.8% | 9.1% |
| 24 | Greater Iowa Credit Union Ames, IA | 555 | $74.8M | $135,000 | 0.7% | 21.1% |
| 25 | Guild Mortgage Company San Diego, CA | 550 | $119.9M | $218,000 | 0.7% | 2.5% |
Top Home Purchase Lenders in Iowa
550 lenders made 41,794 home purchase loans worth $10.0 billion in 2025. Nationwide ranking
| # | Lender | Loans made | Market share |
|---|---|---|---|
| 1 | Greenstate Credit Union North Liberty, IA | 6,182 | 14.8% |
| 2 | Veridian Credit Union Waterloo, IA | 2,443 | 5.8% |
| 3 | Hills Bank and Trust Company Hills, IA | 2,057 | 4.9% |
| 4 | Iowa Bankers Mortgage Corporation Johnston, IA | 1,535 | 3.7% |
| 5 | New American Funding, Llc. Tustin, CA | 1,194 | 2.9% |
| 6 | Northwest Bank Spencer, IA | 945 | 2.3% |
| 7 | Mortgage Research Center Columbia, MO | 780 | 1.9% |
| 8 | US Bank, N.A. Cincinnati, OH | 753 | 1.8% |
| 9 | Community Choice Credit Union Johnston, IA | 719 | 1.7% |
| 10 | DHI Mortgage Company, Ltd. Austin, TX | 671 | 1.6% |
Top Refinance Lenders in Iowa
372 lenders made 12,479 refinance loans worth $3.6 billion in 2025. Nationwide ranking
| # | Lender | Loans made | Market share |
|---|---|---|---|
| 1 | Greenstate Credit Union North Liberty, IA | 1,674 | 13.4% |
| 2 | Veridian Credit Union Waterloo, IA | 937 | 7.5% |
| 3 | Community 1st Credit Union Ottumwa, IA | 679 | 5.4% |
| 4 | United Wholesale Mortgage Plymouth, MI | 460 | 3.7% |
| 5 | Hills Bank and Trust Company Hills, IA | 357 | 2.9% |
| 6 | Northwest Bank Spencer, IA | 327 | 2.6% |
| 7 | Midwestone Bank Iowa City, IA | 294 | 2.4% |
| 8 | Freedom Mortgage Corporation Boca Raton, FL | 192 | 1.5% |
| 9 | Community Choice Credit Union Johnston, IA | 190 | 1.5% |
| 10 | Fidelity Bank & Trust Dubuque, IA | 188 | 1.5% |
Top Cash-Out Refinance Lenders in Iowa
272 lenders made 7,106 cash-out refinance loans worth $1.3 billion in 2025. Nationwide ranking
| # | Lender | Loans made | Market share |
|---|---|---|---|
| 1 | Greenstate Credit Union North Liberty, IA | 964 | 13.6% |
| 2 | Veridian Credit Union Waterloo, IA | 401 | 5.6% |
| 3 | United Wholesale Mortgage Plymouth, MI | 265 | 3.7% |
| 4 | US Bank, N.A. Cincinnati, OH | 230 | 3.2% |
| 5 | Amerisave Mortgage Company Sandy Springs, GA | 184 | 2.6% |
| 6 | Greater Iowa Credit Union Ames, IA | 173 | 2.4% |
| 7 | PennyMac Loan Services LLC Westlake Village, CA | 149 | 2.1% |
| 8 | loanDepot.com LLC Irvine, CA | 146 | 2.1% |
| 9 | Marine Credit Union La Crosse, WI | 137 | 1.9% |
| 10 | Freedom Mortgage Corporation Boca Raton, FL | 123 | 1.7% |
Top FHA Lenders in Iowa
194 lenders made 5,972 FHA loans worth $1.2 billion in 2025. Nationwide ranking
| # | Lender | Loans made | Market share |
|---|---|---|---|
| 1 | New American Funding, Llc. Tustin, CA | 467 | 7.8% |
| 2 | United Wholesale Mortgage Plymouth, MI | 345 | 5.8% |
| 3 | Greenstate Credit Union North Liberty, IA | 267 | 4.5% |
| 4 | PennyMac Loan Services LLC Westlake Village, CA | 210 | 3.5% |
| 5 | DHI Mortgage Company, Ltd. Austin, TX | 199 | 3.3% |
| 6 | Freedom Mortgage Corporation Boca Raton, FL | 153 | 2.6% |
| 7 | Guild Mortgage Company San Diego, CA | 152 | 2.5% |
| 8 | CMG Mortgage Inc San Ramon, IL | 131 | 2.2% |
| 9 | Cardinal Financial Company, Li Charlotte, NC | 128 | 2.1% |
| 10 | Guaranteed Rate, Inc. Chicago, IL | 122 | 2.0% |
Top VA Lenders in Iowa
150 lenders made 4,148 VA loans worth $1.2 billion in 2025. Nationwide ranking
| # | Lender | Loans made | Market share |
|---|---|---|---|
| 1 | Mortgage Research Center Columbia, MO | 871 | 21.0% |
| 2 | United Wholesale Mortgage Plymouth, MI | 442 | 10.7% |
| 3 | Greenstate Credit Union North Liberty, IA | 200 | 4.8% |
| 4 | Freedom Mortgage Corporation Boca Raton, FL | 151 | 3.6% |
| 5 | Residential Mortgage Network, Inc. Iowa City, IA | 139 | 3.4% |
| 6 | PennyMac Loan Services LLC Westlake Village, CA | 124 | 3.0% |
| 7 | New American Funding, Llc. Tustin, CA | 112 | 2.7% |
| 8 | Newrez LLC Fort Washington, PA | 108 | 2.6% |
| 9 | New Day Financial, Llc. West Palm Beach, FL | 97 | 2.3% |
| 10 | Navy Federal Credit Union Vienna, VA | 94 | 2.3% |
Top USDA Lenders in Iowa
74 lenders made 736 USDA loans worth $102.0 million in 2025. Nationwide ranking
| # | Lender | Loans made | Market share |
|---|---|---|---|
| 1 | CMG Mortgage Inc San Ramon, IL | 100 | 13.6% |
| 2 | Iowa Bankers Mortgage Corporation Johnston, IA | 74 | 10.1% |
| 3 | Residential Mortgage Network, Inc. Iowa City, IA | 56 | 7.6% |
| 4 | Flanagan State Bank Flanagan, IL | 45 | 6.1% |
| 5 | Bank Iowa West Des Moines, IA | 34 | 4.6% |
| 6 | Central Bank Storm Lake, IA | 33 | 4.5% |
| 7 | United Bank of Iowa Ida Grove, IA | 26 | 3.5% |
| 8 | First Community Mortgage, Inc. Murfreesboro, TN | 23 | 3.1% |
| 9 | Mld Mortgage, Inc.Dba the Money Store Florham Park, NJ | 21 | 2.9% |
| 10 | Guild Mortgage Company San Diego, CA | 20 | 2.7% |
Get the lender lists
The Iowa mortgage lender list has the 455 lenders based in Iowa, with addresses, phone numbers and their applications and dollar volume every year since 2003 ($129 for 2025, $258 for 2003–2025). The U.S. lender list has all 17,667 lenders, including the national lenders ranked above.
Iowa lender list U.S. lender listHow this ranking works
- Source: the loan records lenders filed for 2025 under the Home Mortgage Disclosure Act, published by the FFIEC and the CFPB in 2026, totaled by lender for homes in Iowa.
- Lenders are ranked by loans made, the number of loans they originated; loan volume is those loans' total amount. Loans bought from other lenders are not counted.
- Market share is the lender's share of all such loans made in Iowa. Denial rate is applications denied, divided by applications approved or denied.
- Lenders are listed under the name and city on their HMDA filing. Lenders that have asked not to appear on AllMortgageDetail are left out.
More on Iowa
Iowa mortgage data by county and metro area · mortgage lenders by city in Iowa
Nationwide rankings: All loans · Purchase · Refinance · Cash-out refi · FHA · VA · USDA
Top mortgage lenders in other states
Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About