Top mortgage lenders in Iowa
These are the most active mortgage lenders in Iowa by 2025 federal HMDA volume — the banks, credit unions and nonbank lenders that wrote the most home loans in the state. Volume isn't the same as the best deal for you, so use it as a shortlist, then compare quotes.
| # | Lender | Type | 2025 loans |
|---|---|---|---|
| 1 | Greenstate Credit Union | — | 13,834 |
| 2 | Veridian Credit Union | — | 8,726 |
| 3 | Rocket Mortgage | Nonbank lender | 4,232 |
| 4 | Iowa Bankers Mortgage Corporation | — | 3,928 |
| 5 | PennyMac | Nonbank lender | 3,793 |
| 6 | Hills Bank and Trust Company | — | 3,436 |
| 7 | U.S. Bank | Bank | 2,862 |
| 8 | Dupaco Community | — | 2,670 |
| 9 | Community Choice Credit Union | — | 2,653 |
| 10 | New American Funding | Nonbank lender | 2,386 |
| 11 | Newrez | Nonbank lender | 2,305 |
| 12 | Northwest Bank | — | 2,184 |
| 13 | United Wholesale Mortgage | Nonbank lender | 1,958 |
| 14 | Veterans United | Nonbank lender | 1,858 |
| 15 | Amerihome Mortgage Company, LLC | — | 1,548 |
| 16 | MidWestOne Bank | — | 1,505 |
| 17 | Community 1ST Credit Union | — | 1,396 |
| 18 | 21st Mortgage Corporation | — | 1,308 |
| 19 | Planet Home Lending | Nonbank lender | 1,211 |
| 20 | Collins Community Credit Union | — | 1,171 |
| 21 | Central Bank | — | 1,121 |
| 22 | Guaranteed Rate (Rate) | Nonbank lender | 1,068 |
| 23 | Empeople Credit Union | — | 1,057 |
| 24 | Freedom Mortgage | Nonbank lender | 1,036 |
| 25 | AmeriSave Mortgage | Nonbank lender | 1,031 |
Ranked by Iowa home-loan applications reported in 2025 under the federal Home Mortgage Disclosure Act (HMDA), FFIEC/CFPB. A neutral measure of lending activity — not a quality score. Names we review link to a full lender review.
How to choose a lender in Iowa
The lender that writes the most loans isn't automatically the one that will quote you the lowest rate. Your rate depends on your credit, down payment and loan type — not a lender's market share. The reliable way to find the best deal is to get a Loan Estimate from three or more of these lenders in the same two-week window (it counts as a single credit inquiry) and compare the APRs.
Weigh national lenders and online brokers, which often lead on price, against Iowa banks and credit unions, which may offer relationship pricing and access to Iowa Finance Authority programs. Start with the local benchmark and assistance below.
Iowa lender FAQ
Who is the biggest mortgage lender in Iowa?
By 2025 federal HMDA activity, Greenstate Credit Union handled the most home loans in Iowa (about 13,834 applications reported). The biggest lender isn't automatically the cheapest for you, though — rankings reflect volume, not the rate you'd be quoted.
How many mortgage lenders operate in Iowa?
Hundreds of banks, credit unions and nonbank lenders report Iowa home loans each year under HMDA. The table above shows the most active by volume; you can also shop national lenders and local credit unions not listed here.
How were these Iowa lender rankings determined?
We ranked lenders by the number of Iowa home-loan applications each reported in 2025 under the federal Home Mortgage Disclosure Act (HMDA) — a neutral public measure of lending activity in the state. It is not a quality score or an endorsement.
Should I use a local or national lender in Iowa?
Both can be competitive. National lenders and online brokers often lead on price and speed; local banks and credit unions may offer relationship pricing, Iowa Finance Authority down-payment programs and in-person service.
Get a Loan Estimate from at least one of each and compare the APR.
Rankings are editorial and independent, built from public federal data — no lender pays to be listed. This is general information, not a recommendation or personalized advice. Confirm all terms directly with the lender.
All lenders