Mortgage Lenders and Brokers in Fairfield, 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
Fairfield, Iowa mortgage lenders include Washington State BankWashington State Bank1706 W Burlington Ave, Fairfield, IA 52556A+5.0 ★Texas Ratio: 5.66%, Community 1st Credit UnionCommunity 1st Credit Union2501 W Burlington Ave, Fairfield, IA 52556 2641B4.4 ★Texas Ratio: 22.12%, Greenstate Credit UnionGreenstate Credit Union104 8th St SE, Altoona, IA 50009A5.0 ★Texas Ratio: 10.18%, Federation BankFederation Bank112 E Washington St, Brighton, IA 52540A+5.0 ★Texas Ratio: 1.14%, US Bank, N.A.US Bank, N.A.111 8th St Se, Altoona, IA 50009A+5.0 ★Texas Ratio: 2.85%, Bank of America NABank of America NA2650 University Ave, Des Moines, IA 50311A+5.0 ★Texas Ratio: 4.14%, Community Choice Credit UnionCommunity Choice Credit Union818 8th st SW, Altoona, IA 50009A+5.0 ★Texas Ratio: 3.41%, Hills Bank and Trust CompanyHills Bank and Trust Company240 3rd Ave Se, Cedar Rapids, IA 52401A+5.0 ★Texas Ratio: 2.40%, CBI Bank & TrustCBI Bank & Trust3401 53rd Ave, Bettendorf, IA 52722A+5.0 ★Texas Ratio: 5.41%, and Midwestone BankMidwestone BankIowa City, IA. 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 Fairfield, Iowa in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Fairfield 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 Fairfield, Iowa
Market share is the lender's share of all home loans closed in Fairfield, 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 Fairfield 1706 W Burlington Ave, Fairfield, IA 52556 A+5.0 ★Texas Ratio: 5.66% |
Conventional | 53 | 33.1% | 96.4% | $148,018 | View |
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2501 W Burlington Ave, Fairfield, IA 52556 2641 B4.4 ★Texas Ratio: 22.12% |
Conventional, HELOC | 25 +5 HELOCs |
15.6% | 78.1% | $113,000 | View |
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104 8th St SE, Altoona, IA 50009 A5.0 ★Texas Ratio: 10.18% |
Conventional, HELOC | 6 +2 HELOCs |
3.8% | 85.7% | $106,666 | View |
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112 E Washington St, Brighton, IA 52540 A+5.0 ★Texas Ratio: 1.14% |
Conventional | 3 | 1.9% | 100% | $88,333 | View |
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111 8th St Se, Altoona, IA 50009 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 2 +1 HELOCs |
1.2% | 100% | $235,000 | View |
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2650 University Ave, Des Moines, IA 50311 A+5.0 ★Texas Ratio: 4.14% |
Conventional | 1 | 0.6% | 100% | $85,000 | View |
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818 8th st SW, Altoona, IA 50009 A+5.0 ★Texas Ratio: 3.41% |
Conventional | 1 | 0.6% | 100% | $45,000 | View |
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240 3rd Ave Se, Cedar Rapids, IA 52401 A+5.0 ★Texas Ratio: 2.40% |
Conventional | 1 | 0.6% | 50% | $215,000 | View |
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3401 53rd Ave, Bettendorf, IA 52722 A+5.0 ★Texas Ratio: 5.41% |
Conventional | 1 | 0.6% | 100% | $125,000 | View |
Midwestone Bank
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Conventional, HELOC | 7 +19 HELOCs |
4.4% | 70% | $145,000 | |
Iowa Bankers Mortgage Corporation
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Conventional, FHA | 6 | 3.8% | 66.7% | $188,333 | |
Residential Mortgage Network, Inc.
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Conventional | 2 | 1.2% | 100% | $160,000 | |
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A+5.0 ★Texas Ratio: 1.69% |
Conventional | 11 | 6.9% | 100% | $180,454 | View |
Rocket Mortgage
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Conventional, FHA | 8 | 5% | 61.5% | $103,750 | |
Mortgage Research Center
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VA | 6 | 3.8% | 85.7% | $213,333 | |
Pennymac Loan Services LLC
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FHA, VA | 3 | 1.9% | 75% | $171,666 | |
Cardinal Financial Company, Li
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Conventional, FHA | 3 | 1.9% | 100% | $171,666 | |
T2 Financial LLC
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Conventional | 3 | 1.9% | 100% | $118,333 | |
United Wholesale Mortgage
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Conventional, VA | 2 | 1.2% | 66.7% | $245,000 | |
Guild Mortgage Company
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Conventional, FHA | 2 | 1.2% | 100% | $110,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
Conventional, VA | 2 | 1.2% | 66.7% | $235,000 | View |
New American Funding, LLC.
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Conventional, FHA | 2 | 1.2% | 66.7% | $95,000 | |
Navy Federal Credit Union
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VA | 2 | 1.2% | 100% | $370,000 | |
Consumer Real Estate Finance Co DBA Society Mortgage
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FHA | 1 | 0.6% | 50% | $125,000 | |
Lakeview Loan Servicing, LLC
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FHA | 1 | 0.6% | 66.7% | $105,000 | |
Regent Financial Group
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Conventional | 1 | 0.6% | 100% | $135,000 | |
AmeriHome Mortgage Company, LLC
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Conventional | 1 | 0.6% | 100% | $185,000 | |
Amerisave Mortgage Company
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Conventional | 1 | 0.6% | 100% | $35,000 | |
Nationstar Mortgage
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Conventional | 1 | 0.6% | 100% | $195,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 0.6% | 100% | $175,000 | View |
Village Capital & Investment
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VA | 1 | 0.6% | 50% | $375,000 | |
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A+5.0 ★Texas Ratio: 5.75% |
HELOC | 0 +1 HELOCs |
0% | n/a | ||
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★ 1.7 stars, 3 reviews A+5.0 ★Texas Ratio: 4.24% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Lendage, LLC dba Achieve Loans
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HELOC | 0 +1 HELOCs |
0% | n/a |
Fairfield 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 Fairfield, Iowa
Looking for mortgage lenders near me or mortgage brokers near me in Fairfield? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Fairfield in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Fairfield, IA
Use these to narrow the list above. Each category shows how many Fairfield, IA lenders fit and what that kind of lender is usually best for.
Who Lends in Fairfield, IA
Independent mortgage companies closed 27.5 percent of home loans in Fairfield, Iowa in 2025, banks 51.2 percent and credit unions 21.2 percent. Iowa Bankers Mortgage Corporation was the largest mortgage company, Washington State Bank the largest bank and Community 1st Credit Union the largest credit union. Among lenders headquartered in Iowa, Washington State Bank led with 53 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 Fairfield, IA
By home loans closed in 2025, Washington State Bank was the largest mortgage lender in Fairfield, Iowa with 53 loans, about 33.1 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Fairfield, Iowa, Washington State Bank approved the highest share of completed applications in 2025 at 96.4 percent, against a 84.4 percent average for all lenders. Approval share reflects the applicants a lender attracts as much as its underwriting, so compare it alongside loan programs and median loan size. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
8 lenders closed FHA loans in Fairfield, Iowa in 2025, led by Rocket Mortgage with 2. 6 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. 11 banks and 5 credit unions closed home loans in Fairfield, Iowa in 2025, alongside 18 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 Fairfield, 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 Fairfield, 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 Fairfield. 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.
