Mortgage Lenders and Brokers in Central City, Iowa
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Central City, Iowa mortgage lenders include Heartland Bank & Trust CompanyHeartland Bank & Trust Company59 4th St N, Central City, IA 52214A+5.0 ★Texas Ratio: 0.84%, Greenstate Credit UnionGreenstate Credit Union104 8th St SE, Altoona, IA 50009A5.0 ★Texas Ratio: 10.18%, Ohnward Bank and TrustOhnward Bank and Trust401 E Main St, Central City, IA 52214, Hills Bank and Trust CompanyHills Bank and Trust Company240 3rd Ave Se, Cedar Rapids, IA 52401A+5.0 ★Texas Ratio: 2.40%, Collins Community Credit UnionCollins Community Credit Union5908 Winterberry Dr, Cedar Falls, IA 50613B4.6 ★Texas Ratio: 20.10%, First Federal Credit UnionFirst Federal Credit Union602 Main St, Cedar Falls, IA 50613A5.0 ★Texas Ratio: 8.81%, Farmers State BankFarmers State Bank117 N Main Ave, Alburnett, IA 52202A+5.0 ★Texas Ratio: 1.19%, Veridian Credit UnionVeridian Credit Union2510 SW State St, Ankeny, IA 50023A+5.0 ★Texas Ratio: 4.74%, Dupaco Community Credit UnionDupaco Community Credit Union5865 Saratoga Rd, Asbury, IA 52002A+5.0 ★Texas Ratio: 3.87%, and Cedar Rapids Bank and TrustCedar Rapids Bank and Trust2322 W 1st St, Cedar Falls, IA 50613A+5.0 ★Texas Ratio: 2.24%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.
Lenders are ranked only by the number of home loans they closed in Central City, Iowa in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Central City are listed first, then lenders elsewhere in Iowa, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.
Mortgage Lenders and Brokers in Central City, Iowa
Market share is the lender's share of all home loans closed in Central City, Iowa. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.
| Lender | Programs | Loans closed | Market share | Approval share | Average loan | View |
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1 office in Central City 59 4th St N, Central City, IA 52214 A+5.0 ★Texas Ratio: 0.84% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
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104 8th St SE, Altoona, IA 50009 A5.0 ★Texas Ratio: 10.18% |
Conventional, FHA, HELOC | 13 +7 HELOCs |
19.1% | 86.7% | $248,846 | View |
Ohnward Bank and Trust
401 E Main St, Central City, IA 52214 |
Conventional | 7 | 10.3% | 100% | $109,285 | |
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240 3rd Ave Se, Cedar Rapids, IA 52401 A+5.0 ★Texas Ratio: 2.40% |
Conventional, HELOC | 6 +2 HELOCs |
8.8% | 100% | $236,666 | View |
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5908 Winterberry Dr, Cedar Falls, IA 50613 B4.6 ★Texas Ratio: 20.10% |
Conventional | 4 | 5.9% | 44.4% | $147,500 | View |
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602 Main St, Cedar Falls, IA 50613 A5.0 ★Texas Ratio: 8.81% |
Conventional | 3 | 4.4% | 100% | $55,000 | View |
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117 N Main Ave, Alburnett, IA 52202 A+5.0 ★Texas Ratio: 1.19% |
Conventional | 3 | 4.4% | 83.3% | $258,333 | View |
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2510 SW State St, Ankeny, IA 50023 A+5.0 ★Texas Ratio: 4.74% |
Conventional, HELOC | 2 +2 HELOCs |
2.9% | 100% | $40,000 | View |
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5865 Saratoga Rd, Asbury, IA 52002 A+5.0 ★Texas Ratio: 3.87% |
Conventional, HELOC | 2 +1 HELOCs |
2.9% | 100% | $230,000 | View |
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2322 W 1st St, Cedar Falls, IA 50613 A+5.0 ★Texas Ratio: 2.24% |
Conventional | 2 | 2.9% | 100% | $355,000 | View |
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111 8th St Se, Altoona, IA 50009 A+5.0 ★Texas Ratio: 2.85% |
VA | 1 | 1.5% | 100% | $185,000 | View |
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515 Main St, Cedar Falls, IA 50613 A+5.0 ★Texas Ratio: 0.10% |
Conventional | 1 | 1.5% | 100% | $245,000 | View |
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220 W Main St, Anamosa, IA 52205 A5.0 ★Texas Ratio: 9.19% |
Conventional | 1 | 1.5% | 100% | $185,000 | View |
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107 S Garnavillo St, Anamosa, IA 52205 A5.0 ★Texas Ratio: 12.05% |
Conventional | 1 | 1.5% | 100% | $175,000 | View |
Iowa Bankers Mortgage Corporation
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Conventional, USDA | 3 | 4.4% | 100% | $385,000 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 3 | 4.4% | 100% | $191,666 | |
Rocket Mortgage
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Conventional, FHA | 3 | 4.4% | 75% | $118,333 | |
Waterstone Mortgage Corporation
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Conventional, FHA | 2 | 2.9% | 100% | $95,000 | |
Guaranteed Rate, Inc.
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FHA | 1 | 1.5% | 100% | $335,000 | |
Pennymac Loan Services LLC
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Conventional | 1 | 1.5% | 100% | $55,000 | |
AdvantageFirst Lending Inc
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FHA | 1 | 1.5% | 100% | $275,000 | |
Flat Branch Mortgage, Inc.
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USDA | 1 | 1.5% | 100% | $135,000 | |
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A+5.0 ★Texas Ratio: 1.69% |
Conventional | 1 | 1.5% | 100% | $765,000 | View |
New Day Financial, LLC.
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VA | 1 | 1.5% | 100% | $245,000 | |
Nationstar Mortgage
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VA | 1 | 1.5% | 100% | $215,000 | |
Mortgage Research Center
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VA | 1 | 1.5% | 33.3% | $395,000 | |
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A+5.0 ★Texas Ratio: 4.99% |
Conventional | 1 | 1.5% | 100% | $175,000 | View |
Endeavor Capital, LLC
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FHA | 1 | 1.5% | 100% | $195,000 | |
New American Funding, LLC.
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FHA | 1 | 1.5% | 50% | $205,000 | |
loanDepot.com LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Central City Mortgage Rate Trends
Daily average mortgage rates for Iowa compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Central City, Iowa
Looking for mortgage lenders near me or mortgage brokers near me in Central City? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Central City in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Central City, IA
Use these to narrow the list above. Each category shows how many Central City, IA lenders fit and what that kind of lender is usually best for.
Who Lends in Central City, IA
Independent mortgage companies closed 27.9 percent of home loans in Central City, Iowa in 2025, banks 36.8 percent and credit unions 35.3 percent. Iowa Bankers Mortgage Corporation was the largest mortgage company, Heartland Bank & Trust Company the largest bank and Greenstate Credit Union the largest credit union. Among lenders headquartered in Iowa, Greenstate Credit Union led with 13 loans.
How to Read This List
A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.
Attorneys customarily handle closings in Iowa. State real estate transfer tax of $1.60 per $1,000 of consideration above the first $500, paid by the seller; no mortgage recording tax.
More Iowa Mortgage Lender Pages
Frequently Asked Questions About Mortgage Lenders in Central City, IA
By home loans closed in 2025, Heartland Bank & Trust Company was the largest mortgage lender in Central City, Iowa with 0 loans, about 0 percent of the market. The largest lender headquartered in Iowa was Greenstate Credit Union with 13 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
8 lenders closed FHA loans in Central City, Iowa in 2025, led by Greenstate Credit Union with 1. 5 lenders closed VA loans, led by US Bank, N.A., and 2 closed USDA rural loans. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Yes. 12 banks and 5 credit unions closed home loans in Central City, Iowa in 2025, alongside 14 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Lenders are ranked only by the number of home loans they closed in Central City, Iowa during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.
Methodology and Sources
Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Central City, Iowa for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Central City. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.
