Mortgage Lenders and Brokers in Grimes, 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
Grimes, Iowa mortgage lenders include Bankers Trust CompanyBankers Trust Company110 Se Main St, Grimes, IA 50111A+5.0 ★Texas Ratio: 2.48%, Charter BankCharter Bank150 Se Gateway Dr, Grimes, IA 50111A+5.0 ★Texas Ratio: 0.00%, Midwest Heritage Bank FSBMidwest Heritage Bank FSB221 Ne Gateway Dr, Grimes, IA 50111A5.0 ★Texas Ratio: 9.76%, Raccoon Valley BankRaccoon Valley Bank1051 Ne Gateway Dr, Grimes, IA 50111A5.0 ★Texas Ratio: 6.14%, US Bank, N.A.US Bank, N.A.111 8th St Se, Altoona, IA 50009A+5.0 ★Texas Ratio: 2.85%, Greenstate Credit UnionGreenstate Credit Union1301 E 1st St, Grimes, IA 50111 4604A5.0 ★Texas Ratio: 10.18%, Veridian Credit UnionVeridian Credit Union2510 SW State St, Ankeny, IA 50023A+5.0 ★Texas Ratio: 4.74%, Community Choice Credit UnionCommunity Choice Credit Union1895 SE Grimes Blvd, Grimes, IA 50111A+5.0 ★Texas Ratio: 3.41%, Luana Savings BankLuana Savings Bank16390 Holcomb Ct, Clive, IA 50325A+5.0 ★Texas Ratio: 1.00%, and Greater Iowa Credit UnionGreater Iowa Credit Union801 Lincoln Way, Ames, IA 50010A5.0 ★Texas Ratio: 8.43%. 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 Grimes, Iowa in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Grimes 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 Grimes, Iowa
Market share is the lender's share of all home loans closed in Grimes, 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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2 offices in Grimes 110 Se Main St, Grimes, IA 50111 A+5.0 ★Texas Ratio: 2.48% |
Conventional, HELOC | 9 +2 HELOCs |
2.3% | 100% | $242,777 | View |
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1 office in Grimes 150 Se Gateway Dr, Grimes, IA 50111 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 6 | 1.5% | 100% | $253,333 | View |
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1 office in Grimes 221 Ne Gateway Dr, Grimes, IA 50111 A5.0 ★Texas Ratio: 9.76% |
Conventional | 4 | 1% | 100% | $107,500 | View |
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1 office in Grimes 1051 Ne Gateway Dr, Grimes, IA 50111 A5.0 ★Texas Ratio: 6.14% |
Conventional | 4 | 1% | 100% | $285,000 | View |
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1 office in Grimes 111 8th St Se, Altoona, IA 50009 A+5.0 ★Texas Ratio: 2.85% |
Conventional | 3 | 0.8% | 100% | $178,333 | View |
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1301 E 1st St, Grimes, IA 50111 4604 A5.0 ★Texas Ratio: 10.18% |
Conventional, FHA, VA, HELOC | 61 +17 HELOCs |
15.4% | 83.3% | $254,180 | View |
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2510 SW State St, Ankeny, IA 50023 A+5.0 ★Texas Ratio: 4.74% |
Conventional, HELOC | 29 +26 HELOCs |
7.3% | 96.7% | $211,551 | View |
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1895 SE Grimes Blvd, Grimes, IA 50111 A+5.0 ★Texas Ratio: 3.41% |
Conventional, VA, HELOC | 24 +11 HELOCs |
6.1% | 85.7% | $285,833 | View |
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16390 Holcomb Ct, Clive, IA 50325 A+5.0 ★Texas Ratio: 1.00% |
Conventional, Jumbo | 16 | 4% | 100% | $306,250 | View |
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801 Lincoln Way, Ames, IA 50010 A5.0 ★Texas Ratio: 8.43% |
Conventional | 7 | 1.8% | 100% | $243,571 | View |
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100 Nile Kinnick Dr N, Adel, IA 50003 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 7 | 1.8% | 100% | $267,857 | View |
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100 E Railroad St, Afton, IA 50830 A+5.0 ★Texas Ratio: 1.69% |
Conventional, HELOC | 6 +2 HELOCs |
1.5% | 100% | $435,000 | View |
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2805 N Ankeny Blvd, Ankeny, IA 50023 A+5.0 ★Texas Ratio: 2.72% |
Conventional, VA | 6 | 1.5% | 100% | $351,666 | View |
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1701 E First St, Grimes, IA 50111 A+5.0 ★Texas Ratio: 3.87% |
Conventional, HELOC | 5 +8 HELOCs |
1.3% | 100% | $203,000 | View |
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4303 Fleur Dr, Des Moines, IA 50321 2327 A+5.0 ★Texas Ratio: 4.80% |
Conventional | 5 | 1.3% | 100% | $39,000 | View |
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520 Grand Ave, Ames, IA 50010 A5.0 ★Texas Ratio: 10.53% |
Conventional, HELOC | 2 +5 HELOCs |
0.5% | 100% | $310,000 | View |
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1403 S Rooselvelt, Burlington, IA 52601 A+5.0 ★Texas Ratio: 5.26% |
Conventional | 2 | 0.5% | 100% | $200,000 | View |
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804 Greenwood Hills Dr, Adel, IA 50003 A+5.0 ★Texas Ratio: 1.17% |
Conventional | 2 | 0.5% | 66.7% | $175,000 | View |
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1530 S Duff Ave, Ames, IA 50010 A+5.0 ★Texas Ratio: 1.89% |
Conventional | 2 | 0.5% | 100% | $545,000 | View |
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205 Water St, Cambridge, IA 50046 A5.0 ★Texas Ratio: 7.99% |
Conventional | 2 | 0.5% | 100% | $300,000 | View |
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240 3rd Ave Se, Cedar Rapids, IA 52401 A+5.0 ★Texas Ratio: 2.40% |
Conventional | 2 | 0.5% | 100% | $250,000 | View |
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1370 Nw 18th St Ste 101, Ankeny, IA 50023 B4.5 ★Texas Ratio: 21.01% |
Conventional | 2 | 0.5% | 100% | $225,000 | View |
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2701 Stange Rd, Ames, IA 50010 A5.0 ★Texas Ratio: 7.43% |
Conventional, Jumbo | 2 | 0.5% | 100% | $760,000 | View |
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3330 Mount Vernon Rd SE, Cedar Rapids, IA 52402 A+5.0 ★Texas Ratio: 5.64% |
Conventional | 2 | 0.5% | 100% | $280,000 | View |
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420 8th St Se, Altoona, IA 50009 A5.0 ★Texas Ratio: 12.73% |
Conventional, HELOC | 1 +1 HELOCs |
0.3% | 100% | $305,000 | View |
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435 S Duff Ave, Ames, IA 50010 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.3% | 100% | $315,000 | View |
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515 Main St, Cedar Falls, IA 50613 A+5.0 ★Texas Ratio: 0.10% |
Conventional | 1 | 0.3% | 100% | $55,000 | View |
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129 E Main St, Agency, IA 52530 A+5.0 ★Texas Ratio: 1.47% |
Conventional | 1 | 0.3% | 100% | $345,000 | View |
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12035 University Ave Ste 202, Clive, IA 50325 A+5.0 ★Texas Ratio: 5.69% |
Conventional | 1 | 0.3% | 100% | $175,000 | View |
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402 Merrill St, Bussey, IA 50044 D3.5 ★Texas Ratio: 32.68% |
Conventional | 1 | 0.3% | 100% | $285,000 | View |
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202 S Main St, Alta, IA 51002 A+5.0 ★Texas Ratio: 1.70% |
Conventional | 1 | 0.3% | 100% | $285,000 | View |
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200 8th St Se, Altoona, IA 50009 A+5.0 ★Texas Ratio: 1.22% |
Conventional | 1 | 0.3% | 100% | $225,000 | View |
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650 Main St, Ackley, IA 50601 A+5.0 ★Texas Ratio: 3.49% |
Conventional | 1 | 0.3% | 100% | $265,000 | View |
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100 Ne Jacob St, Grimes, IA 50111 A+5.0 ★Texas Ratio: 2.18% |
Conventional | 1 | 0.3% | 75% | $775,000 | View |
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2720 Gateway Dr, Carlisle, IA 50047 A5.0 ★Texas Ratio: 7.57% |
Conventional | 1 | 0.3% | 100% | $295,000 | View |
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5260 Nw 86th St, Johnston, IA 50131 A+5.0 ★Texas Ratio: 0.00% |
Conventional, Jumbo | 1 | 0.3% | 100% | $1,335,000 | View |
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5908 Winterberry Dr, Cedar Falls, IA 50613 B4.6 ★Texas Ratio: 20.10% |
Conventional | 1 | 0.3% | 100% | $335,000 | View |
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3401 53rd Ave, Bettendorf, IA 52722 A+5.0 ★Texas Ratio: 5.41% |
Conventional | 1 | 0.3% | 100% | $305,000 | View |
Ohnward Bank and Trust
4726 50th Ave, Baldwin, IA 52207 |
Conventional | 1 | 0.3% | 100% | $335,000 | |
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423 E Court Ave, Des Moines, IA 50309 2010 A+5.0 ★Texas Ratio: 3.05% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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525 Main St, Ames, IA 50010 A+5.0 ★Texas Ratio: 3.54% |
HELOC | 0 +1 HELOCs |
0% | 0% | View | |
Homeservices Lending LLC
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Conventional, FHA, VA | 8 | 2% | 88.9% | $232,500 | |
Iowa Bankers Mortgage Corporation
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Conventional | 7 | 1.8% | 70% | $283,571 | |
Residential Mortgage Network, Inc.
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Conventional | 1 | 0.3% | 100% | $305,000 | |
Two Rivers Bank & Trust
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Conventional | 1 | 0.3% | 100% | $25,000 | |
Midwestone Bank
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
549300K04Zgwyv7Ldx511190891
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HELOC | 0 +1 HELOCs |
0% | 0% | ||
Rocket Mortgage
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Conventional, VA | 15 | 3.8% | 88.2% | $211,000 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 13 | 3.3% | 86.7% | $361,153 | |
Gershman Investment Corp.
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Conventional, FHA, VA | 9 | 2.3% | 81.8% | $365,000 | |
Pennymac Loan Services LLC
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Conventional, FHA | 8 | 2% | 80% | $267,500 | |
Guild Mortgage Company
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Conventional | 8 | 2% | 88.9% | $255,000 | |
New American Funding, LLC.
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Conventional, FHA | 8 | 2% | 100% | $277,500 | |
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★ 1 stars, 1 review A+5.0 ★Texas Ratio: 2.87% |
Conventional, VA | 7 | 1.8% | 100% | $340,714 | View |
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A5.0 ★Texas Ratio: 7.16% |
Conventional, VA, Jumbo | 6 | 1.5% | 100% | $388,333 | View |
Mortgage Research Center
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VA | 5 | 1.3% | 83.3% | $347,000 | |
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A+5.0 ★Texas Ratio: 5.75% |
Conventional, HELOC | 4 +2 HELOCs |
1% | 66.7% | $292,500 | |
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A+5.0 ★Texas Ratio: 0.00% |
FHA, VA | 4 | 1% | 80% | $312,500 | View |
Newrez LLC
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Conventional, VA | 4 | 1% | 100% | $272,500 | |
Nationstar Mortgage
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Conventional, FHA | 4 | 1% | 100% | $242,500 | |
DHI Mortgage Company, LTD.
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Conventional, FHA, VA | 4 | 1% | 80% | $365,000 | |
Guaranteed Rate, Inc.
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Conventional, VA, HELOC | 3 +1 HELOCs |
0.8% | 75% | $211,666 | |
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A+5.0 ★Texas Ratio: 2.20% |
Conventional | 3 | 0.8% | 100% | $258,333 | View |
Lower, LLC
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Conventional | 3 | 0.8% | 100% | $278,333 | |
21St Mortgage
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Conventional | 3 | 0.8% | 16.7% | $85,000 | |
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A5.0 ★Texas Ratio: 13.21% |
Conventional | 2 | 0.5% | 100% | $265,000 | View |
Envoy Mortgage, Ltd
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Conventional, VA | 2 | 0.5% | 100% | $240,000 | |
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A+5.0 ★Texas Ratio: 1.69% |
Conventional | 2 | 0.5% | 100% | $275,000 | View |
American Pacific Mortgage Corporation
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Conventional, FHA | 2 | 0.5% | 66.7% | $375,000 | |
Stockton Mortgage Corporation
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FHA | 2 | 0.5% | 100% | $355,000 | |
Park Lane Finance SolutionsLLC
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Conventional | 2 | 0.5% | 100% | $45,000 | |
Zillow Home Loans, LLC
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Conventional | 2 | 0.5% | 100% | $360,000 | |
I H Mississippi Valley Credit Union
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Conventional | 2 | 0.5% | 100% | $190,000 | |
Compass Mortgage, Inc.
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Conventional | 2 | 0.5% | 100% | $225,000 | |
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A5.0 ★Texas Ratio: 9.09% |
Conventional, VA | 2 | 0.5% | 100% | $445,000 | View |
Spring Eq, LLC
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Conventional, HELOC | 1 +1 HELOCs |
0.3% | 33.3% | $125,000 | |
EMM Loans LLC
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FHA | 1 | 0.3% | 100% | $315,000 | |
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A+5.0 ★Texas Ratio: 4.11% |
FHA | 1 | 0.3% | 100% | $325,000 | View |
Lakeview Loan Servicing, LLC
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FHA | 1 | 0.3% | 100% | $315,000 | |
Equity Prime Mortgage LLC
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FHA | 1 | 0.3% | 100% | $315,000 | |
loanDepot.com LLC
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FHA | 1 | 0.3% | 50% | $285,000 | |
United Trust Bank
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VA | 1 | 0.3% | 100% | $285,000 | |
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A+5.0 ★Texas Ratio: 5.05% |
Conventional, Jumbo | 1 | 0.3% | 100% | $1,225,000 | View |
Michigan Mutual, Inc
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VA | 1 | 0.3% | 100% | $365,000 | |
Frontier Financial, Inc. DBA Frontier Mortgage
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Conventional | 1 | 0.3% | 100% | $345,000 | |
Union Home Mortgage Corp.
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VA | 1 | 0.3% | 100% | $375,000 | |
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A+5.0 ★Texas Ratio: 3.05% |
Conventional | 1 | 0.3% | 100% | $175,000 | View |
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A+4.7 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.3% | 100% | $365,000 | View |
Land Home Financial Services,
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Conventional | 1 | 0.3% | 100% | $305,000 | |
Marine Credit Union
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Conventional | 1 | 0.3% | 50% | $85,000 | |
Planet Home Lending, LLC
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VA | 1 | 0.3% | 100% | $375,000 | |
Communityamerica Federal Credit Union
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Conventional | 1 | 0.3% | 100% | $355,000 | |
SouthPoint Financial Credit Union
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Conventional | 1 | 0.3% | 100% | $45,000 | |
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A+5.0 ★Texas Ratio: 2.29% |
Conventional | 1 | 0.3% | 100% | $345,000 | View |
Fairway Independent Mort Corp
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Conventional | 1 | 0.3% | 100% | $375,000 | |
Navy Federal Credit Union
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Conventional | 1 | 0.3% | 50% | $55,000 | |
Carrington Mortgage Services LLC
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FHA | 1 | 0.3% | 100% | $275,000 | |
Village Capital & Investment
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VA | 1 | 0.3% | 100% | $515,000 | |
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +4 HELOCs |
0% | n/a | View | |
Lendage, LLC dba Achieve Loans
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
Usalliance Federal Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Figure Lending LLC
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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 |
Grimes 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 Grimes, Iowa
Looking for mortgage lenders near me or mortgage brokers near me in Grimes? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Grimes in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Grimes, IA
Use these to narrow the list above. Each category shows how many Grimes, IA lenders fit and what that kind of lender is usually best for.
Who Lends in Grimes, IA
Independent mortgage companies closed 34.6 percent of home loans in Grimes, Iowa in 2025, banks 28.5 percent and credit unions 36.9 percent. Homeservices Lending LLC was the largest mortgage company, Bankers Trust Company the largest bank and Greenstate Credit Union the largest credit union. Among lenders headquartered in Iowa, Bankers Trust Company led with 9 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 Grimes, IA
By home loans closed in 2025, Bankers Trust Company was the largest mortgage lender in Grimes, Iowa with 9 loans, about 2.3 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Grimes, Iowa, Greenstate Credit Union approved the highest share of completed applications in 2025 at 83.3 percent, against a 86.7 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.
17 lenders closed FHA loans in Grimes, Iowa in 2025, led by Gershman Investment Corp. with 4. 21 lenders closed VA loans, led by United Wholesale Mortgage. 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. 43 banks and 18 credit unions closed home loans in Grimes, Iowa in 2025, alongside 42 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 Grimes, 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 Grimes, 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 Grimes. 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.
