Mortgage Lenders and Brokers in Clear Lake, Iowa
Brian McKay
|
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.
|
✓Fact Checked
|
Loan Rates Last Updated and Verified: October 7, 2026
Clear Lake, Iowa mortgage lenders include Manufacturers Bank & Trust CoManufacturers Bank & Trust Co300 1st Ave N, Clear Lake, IA 50428A+5.0 ★Texas Ratio: 5.80%, Bank IowaBank Iowa1919 Us Highway 18 E, Clear Lake, IA 50428A5.0 ★Texas Ratio: 12.73%, Reliance State BankReliance State Bank175 E 3rd St, Garner, IA 50438B4.6 ★Texas Ratio: 19.85%, Greenstate Credit UnionGreenstate Credit Union104 8th St SE, Altoona, IA 50009A5.0 ★Texas Ratio: 10.18%, Wells Fargo Bank NAWells Fargo Bank NA100 Nile Kinnick Dr N, Adel, IA 50003A+5.0 ★Texas Ratio: 5.36%, Veridian Credit UnionVeridian Credit Union2510 SW State St, Ankeny, IA 50023A+5.0 ★Texas Ratio: 4.74%, US Bank, N.A.US Bank, N.A.111 8th St Se, Altoona, IA 50009A+5.0 ★Texas Ratio: 2.85%, Northwest BankNorthwest Bank100 E Railroad St, Afton, IA 50830A+5.0 ★Texas Ratio: 1.69%, Luana Savings BankLuana Savings Bank16390 Holcomb Ct, Clive, IA 50325A+5.0 ★Texas Ratio: 1.00%, and Premier Credit UnionPremier Credit Union520 Grand Ave, Ames, IA 50010A5.0 ★Texas Ratio: 10.53%. 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 Clear Lake, Iowa in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Clear Lake 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 Clear Lake, Iowa
Market share is the lender's share of all home loans closed in Clear Lake, 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 |
|---|---|---|---|---|---|---|
|
1 office in Clear Lake 300 1st Ave N, Clear Lake, IA 50428 A+5.0 ★Texas Ratio: 5.80% |
Conventional, Jumbo | 27 | 18.4% | 100% | $264,259 | View |
|
1 office in Clear Lake 1919 Us Highway 18 E, Clear Lake, IA 50428 A5.0 ★Texas Ratio: 12.73% |
Conventional, Jumbo, HELOC | 3 +8 HELOCs |
2% | 100% | $545,000 | View |
|
175 E 3rd St, Garner, IA 50438 B4.6 ★Texas Ratio: 19.85% |
Conventional | 9 | 6.1% | 100% | $218,333 | View |
|
104 8th St SE, Altoona, IA 50009 A5.0 ★Texas Ratio: 10.18% |
Conventional, HELOC | 8 +3 HELOCs |
5.4% | 90.9% | $275,000 | View |
|
100 Nile Kinnick Dr N, Adel, IA 50003 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 7 | 4.8% | 100% | $160,714 | View |
|
2510 SW State St, Ankeny, IA 50023 A+5.0 ★Texas Ratio: 4.74% |
Conventional, HELOC | 6 +5 HELOCs |
4.1% | 100% | $270,000 | View |
|
111 8th St Se, Altoona, IA 50009 A+5.0 ★Texas Ratio: 2.85% |
Conventional, Jumbo, HELOC | 5 +2 HELOCs |
3.4% | 83.3% | $621,000 | View |
|
100 E Railroad St, Afton, IA 50830 A+5.0 ★Texas Ratio: 1.69% |
Conventional, HELOC | 5 +1 HELOCs |
3.4% | 100% | $573,000 | View |
|
16390 Holcomb Ct, Clive, IA 50325 A+5.0 ★Texas Ratio: 1.00% |
Conventional | 3 | 2% | 100% | $255,000 | View |
|
520 Grand Ave, Ames, IA 50010 A5.0 ★Texas Ratio: 10.53% |
Conventional, HELOC | 2 +1 HELOCs |
1.4% | 100% | $565,000 | View |
|
3820 8th St Sw, Altoona, IA 50009 A+5.0 ★Texas Ratio: 2.48% |
Conventional | 2 | 1.4% | 100% | $320,000 | View |
|
106 E Main St, Decorah, IA 52101 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 2 | 1.4% | 100% | $80,000 | View |
|
602 Main St, Cedar Falls, IA 50613 A+5.0 ★Texas Ratio: 3.43% |
Conventional, Jumbo | 2 | 1.4% | 100% | $740,000 | View |
|
818 8th st SW, Altoona, IA 50009 A+5.0 ★Texas Ratio: 3.41% |
Conventional, HELOC | 1 +1 HELOCs |
0.7% | 100% | $265,000 | View |
|
4417 University Ave, Cedar Falls, IA 50613 A+5.0 ★Texas Ratio: 4.37% |
Conventional | 1 | 0.7% | 100% | $555,000 | View |
|
1022 Skylar St, Denver, IA 50622 A+5.0 ★Texas Ratio: 0.67% |
Conventional | 1 | 0.7% | 100% | $475,000 | View |
|
2650 University Ave, Des Moines, IA 50311 A+5.0 ★Texas Ratio: 4.14% |
Conventional | 1 | 0.7% | 100% | $145,000 | View |
|
107 S Garnavillo St, Anamosa, IA 52205 A5.0 ★Texas Ratio: 12.05% |
Conventional | 1 | 0.7% | 100% | $165,000 | View |
|
2709 Northridge Pkwy, Ames, IA 50010 A5.0 ★Texas Ratio: 11.68% |
Conventional | 1 | 0.7% | 100% | $285,000 | View |
|
5865 Saratoga Rd, Asbury, IA 52002 A+5.0 ★Texas Ratio: 3.87% |
Conventional | 1 | 0.7% | 100% | $325,000 | View |
|
2406 Grand Ave, Ames, IA 50010 A5.0 ★Texas Ratio: 8.87% |
Conventional | 1 | 0.7% | 100% | $655,000 | View |
|
205 E Erie Street, Missouri Valley, IA 51555 A+5.0 ★Texas Ratio: 1.13% |
Conventional | 1 | 0.7% | 100% | $95,000 | View |
|
2701 Stange Rd, Ames, IA 50010 A5.0 ★Texas Ratio: 7.43% |
Conventional | 1 | 0.7% | 100% | $285,000 | View |
|
123 W 4th St, Cedar Falls, IA 50613 2831 A+5.0 ★Texas Ratio: 3.82% |
Conventional | 1 | 0.7% | 100% | $155,000 | View |
|
6804 University Ave, Cedar Falls, IA 50613 A5.0 ★Texas Ratio: 6.18% |
Conventional | 1 | 0.7% | 100% | $205,000 | View |
Iowa Bankers Mortgage Corporation
|
Conventional | 8 | 5.4% | 100% | $305,000 | |
Homeservices Lending LLC
|
Conventional | 1 | 0.7% | 100% | $175,000 | |
Rocket Mortgage
|
Conventional, FHA, VA | 11 | 7.5% | 80% | $168,636 | |
Pennymac Loan Services LLC
|
Conventional, FHA | 5 | 3.4% | 100% | $247,000 | |
Cardinal Financial Company, Li
|
Conventional, VA | 4 | 2.7% | 100% | $362,500 | |
Mortgage Research Center
|
Conventional, VA | 4 | 2.7% | 100% | $255,000 | |
|
A+5.0 ★Texas Ratio: 5.75% |
Conventional | 2 | 1.4% | 100% | $150,000 | |
|
A5.0 ★Texas Ratio: 13.21% |
Conventional | 1 | 0.7% | 100% | $325,000 | View |
Servion
|
Conventional | 1 | 0.7% | 100% | $185,000 | |
Newrez LLC
|
Conventional, Jumbo | 1 | 0.7% | 100% | $1,565,000 | |
Kind Lending, LLC
|
VA | 1 | 0.7% | 100% | $295,000 | |
|
A+5.0 ★Texas Ratio: 3.21% |
Conventional | 1 | 0.7% | 100% | $315,000 | View |
|
A+5.0 ★Texas Ratio: 3.66% |
Conventional | 1 | 0.7% | 100% | $545,000 | View |
Frontier Financial, Inc. DBA Frontier Mortgage
|
FHA | 1 | 0.7% | 100% | $375,000 | |
Union Home Mortgage Corp.
|
Conventional | 1 | 0.7% | 100% | $235,000 | |
|
B-3.5 ★Texas Ratio: 6.80% |
VA | 1 | 0.7% | 100% | $305,000 | View |
Planet Home Lending, LLC
|
VA | 1 | 0.7% | 100% | $565,000 | |
Altra Federal Credit Union
|
Conventional | 1 | 0.7% | 100% | $55,000 | |
American Pacific Mortgage Corporation
|
Conventional | 1 | 0.7% | 100% | $225,000 | |
|
A-4.8 ★Texas Ratio: 12.33% |
Conventional | 1 | 0.7% | 100% | $755,000 | View |
Pentagon Federal Credit Union
|
Conventional | 1 | 0.7% | 100% | $225,000 | |
Zillow Home Loans, LLC
|
FHA | 1 | 0.7% | 100% | $215,000 | |
I H Mississippi Valley Credit Union
|
Conventional | 1 | 0.7% | 100% | $245,000 | |
Compass Mortgage, Inc.
|
Conventional, Jumbo | 1 | 0.7% | 100% | $1,085,000 | |
|
A5.0 ★Texas Ratio: 9.09% |
FHA | 1 | 0.7% | 100% | $165,000 | View |
Village Capital & Investment
|
VA | 1 | 0.7% | 100% | $325,000 | |
Figure Lending LLC
|
HELOC | 0 +2 HELOCs |
0% | n/a | ||
American Airlines Federal Cred
|
HELOC | 0 +1 HELOCs |
0% | n/a | ||
Spring Eq, LLC
|
HELOC | 0 +1 HELOCs |
0% | n/a |
Clear Lake 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 Clear Lake, Iowa
Looking for mortgage lenders near me or mortgage brokers near me in Clear Lake? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Clear Lake in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Clear Lake, IA
Use these to narrow the list above. Each category shows how many Clear Lake, IA lenders fit and what that kind of lender is usually best for.
Who Lends in Clear Lake, IA
Independent mortgage companies closed 29.9 percent of home loans in Clear Lake, Iowa in 2025, banks 53.7 percent and credit unions 16.3 percent. Iowa Bankers Mortgage Corporation was the largest mortgage company, Manufacturers Bank & Trust Co the largest bank and Greenstate Credit Union the largest credit union. Among lenders headquartered in Iowa, Manufacturers Bank & Trust Co led with 27 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 Clear Lake, IA
By home loans closed in 2025, Manufacturers Bank & Trust Co was the largest mortgage lender in Clear Lake, Iowa with 27 loans, about 18.4 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
5 lenders closed FHA loans in Clear Lake, Iowa in 2025, led by Rocket Mortgage with 2. 7 lenders closed VA loans, led by Mortgage Research Center. 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. 24 banks and 11 credit unions closed home loans in Clear Lake, Iowa in 2025, alongside 19 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 Clear Lake, 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 Clear Lake, 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 Clear Lake. 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.
