Mortgage Lenders and Brokers in Grinnell, 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
Grinnell, Iowa mortgage lenders include First State BankFirst State Bank702 2nd Ave, Grinnell, IA 50112A+5.0 ★Texas Ratio: 1.47%, Grinnell State BankGrinnell State Bank814 4th Ave, Grinnell, IA 50112A-5.0 ★Texas Ratio: 14.50%, First Interstate BankFirst Interstate Bank1030 Broad St, Grinnell, IA 50112A+5.0 ★Texas Ratio: 4.72%, Wells Fargo Bank NAWells Fargo Bank NA833 4th Ave, Grinnell, IA 50112A+5.0 ★Texas Ratio: 5.36%, Greenstate Credit UnionGreenstate Credit Union705 6th Ave, Grinnell, IA 50112A5.0 ★Texas Ratio: 10.18%, Community 1st Credit UnionCommunity 1st Credit Union205 West St, Grinnell, IA 50112 2313B4.4 ★Texas Ratio: 22.12%, 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%, Community Choice Credit UnionCommunity Choice Credit Union818 8th st SW, Altoona, IA 50009A+5.0 ★Texas Ratio: 3.41%, and Bank IowaBank Iowa420 8th St Se, Altoona, IA 50009A5.0 ★Texas Ratio: 12.73%. 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 Grinnell, Iowa in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Grinnell 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 Grinnell, Iowa
Market share is the lender's share of all home loans closed in Grinnell, 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 Grinnell 702 2nd Ave, Grinnell, IA 50112 A+5.0 ★Texas Ratio: 1.47% |
Conventional, Jumbo | 18 | 7.7% | 100% | $245,000 | View |
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814 4th Ave, Grinnell, IA 50112 A-5.0 ★Texas Ratio: 14.50% |
Conventional | 7 | 3% | 100% | $175,000 | View |
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★ 1 stars, 1 review 1 office in Grinnell 1030 Broad St, Grinnell, IA 50112 A+5.0 ★Texas Ratio: 4.72% |
Conventional, HELOC | 1 +2 HELOCs |
0.4% | 100% | $65,000 | View |
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1 office in Grinnell 833 4th Ave, Grinnell, IA 50112 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 0.4% | 50% | $185,000 | View |
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705 6th Ave, Grinnell, IA 50112 A5.0 ★Texas Ratio: 10.18% |
Conventional, FHA, VA, HELOC | 102 +72 HELOCs |
43.6% | 97.3% | $149,901 | View |
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205 West St, Grinnell, IA 50112 2313 B4.4 ★Texas Ratio: 22.12% |
Conventional, HELOC | 11 +6 HELOCs |
4.7% | 100% | $145,909 | View |
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2510 SW State St, Ankeny, IA 50023 A+5.0 ★Texas Ratio: 4.74% |
Conventional, HELOC | 5 +4 HELOCs |
2.1% | 100% | $179,000 | View |
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111 8th St Se, Altoona, IA 50009 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 2 +2 HELOCs |
0.9% | 100% | $100,000 | View |
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818 8th st SW, Altoona, IA 50009 A+5.0 ★Texas Ratio: 3.41% |
Conventional, HELOC | 2 +2 HELOCs |
0.9% | 100% | $300,000 | View |
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420 8th St Se, Altoona, IA 50009 A5.0 ★Texas Ratio: 12.73% |
Conventional | 2 | 0.9% | 100% | $300,000 | View |
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107 S Garnavillo St, Anamosa, IA 52205 A5.0 ★Texas Ratio: 12.05% |
Conventional | 2 | 0.9% | 100% | $180,000 | View |
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5865 Saratoga Rd, Asbury, IA 52002 A+5.0 ★Texas Ratio: 3.87% |
Conventional | 2 | 0.9% | 100% | $180,000 | View |
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116 Third Avenue South, Mount Vernon, IA 52314 A+5.0 ★Texas Ratio: 1.29% |
Conventional | 1 | 0.4% | 100% | $185,000 | View |
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515 Main St, Cedar Falls, IA 50613 A+5.0 ★Texas Ratio: 0.10% |
Conventional | 1 | 0.4% | 100% | $805,000 | View |
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320 W Kimberly Rd, Davenport, IA 52806 A+5.0 ★Texas Ratio: 4.98% |
Conventional | 1 | 0.4% | 100% | $115,000 | View |
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4417 University Ave, Cedar Falls, IA 50613 A+5.0 ★Texas Ratio: 4.37% |
Conventional | 1 | 0.4% | 100% | $35,000 | View |
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209 S Lincoln St, Knoxville, IA 50138 A+5.0 ★Texas Ratio: 5.11% |
Conventional | 1 | 0.4% | 100% | $75,000 | View |
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4303 Fleur Dr, Des Moines, IA 50321 2327 A+5.0 ★Texas Ratio: 4.80% |
Conventional | 1 | 0.4% | 100% | $95,000 | View |
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2701 Stange Rd, Ames, IA 50010 A+5.0 ★Texas Ratio: 1.55% |
Conventional | 1 | 0.4% | 100% | $275,000 | View |
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134 Main St, Columbus Junction, IA 52738 A+5.0 ★Texas Ratio: 5.66% |
Conventional | 1 | 0.4% | 100% | $405,000 | View |
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205 Water St, Cambridge, IA 50046 A5.0 ★Texas Ratio: 7.99% |
Conventional | 1 | 0.4% | 100% | $435,000 | View |
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807 Rosedale Dr, Center Point, IA 52213 A5.0 ★Texas Ratio: 8.70% |
Conventional | 1 | 0.4% | 100% | $135,000 | View |
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16390 Holcomb Ct, Clive, IA 50325 A+5.0 ★Texas Ratio: 1.00% |
Conventional | 1 | 0.4% | 100% | $175,000 | View |
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2650 University Ave, Des Moines, IA 50311 A+5.0 ★Texas Ratio: 4.14% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Residential Mortgage Network, Inc.
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Conventional, FHA, VA, USDA | 7 | 3% | 100% | $206,428 | |
Homeservices Lending LLC
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Conventional | 3 | 1.3% | 100% | $231,666 | |
Midwestone Bank
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Conventional, HELOC | 1 +1 HELOCs |
0.4% | 100% | $485,000 | |
Rocket Mortgage
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Conventional, VA | 9 | 3.8% | 75% | $268,333 | |
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A+5.0 ★Texas Ratio: 1.69% |
Conventional | 5 | 2.1% | 62.5% | $211,000 | View |
Pennymac Loan Services LLC
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Conventional, FHA | 4 | 1.7% | 100% | $277,500 | |
Mortgage Research Center
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FHA, VA | 3 | 1.3% | 60% | $228,333 | |
Stockton Mortgage Corporation
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Conventional, FHA | 3 | 1.3% | 100% | $215,000 | |
21St Mortgage
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Conventional | 3 | 1.3% | 17.6% | $31,666 | |
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A5.0 ★Texas Ratio: 7.16% |
Conventional | 2 | 0.9% | 100% | $290,000 | View |
Envoy Mortgage, Ltd
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Conventional, FHA | 2 | 0.9% | 100% | $140,000 | |
Movement Mortgage, LLC
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Conventional, FHA | 2 | 0.9% | 100% | $130,000 | |
Guild Mortgage Company
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Conventional, VA | 2 | 0.9% | 100% | $615,000 | |
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A+5.0 ★Texas Ratio: 2.20% |
VA, USDA | 2 | 0.9% | 100% | $170,000 | View |
New American Funding, LLC.
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Conventional, FHA | 2 | 0.9% | 100% | $75,000 | |
Premier Mortgage Resources, LLC
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USDA | 1 | 0.4% | 100% | $185,000 | |
Zippy Loans, LLC
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Conventional | 1 | 0.4% | 50% | $45,000 | |
Guaranteed Rate, Inc.
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Conventional | 1 | 0.4% | 100% | $195,000 | |
Triad Financial Services, Inc.
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Conventional | 1 | 0.4% | 16.7% | $25,000 | |
Amerisave Mortgage Company
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FHA | 1 | 0.4% | 25% | $135,000 | |
Click n' Close, Inc.
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USDA | 1 | 0.4% | 100% | $235,000 | |
Flat Branch Mortgage, Inc.
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Conventional | 1 | 0.4% | 100% | $125,000 | |
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A+5.0 ★Texas Ratio: 1.05% |
Conventional | 1 | 0.4% | 100% | $285,000 | View |
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A+5.0 ★Texas Ratio: 1.10% |
FHA | 1 | 0.4% | 100% | $225,000 | View |
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A4.7 ★Texas Ratio: 0.83% |
Conventional | 1 | 0.4% | 100% | $145,000 | View |
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A5.0 ★Texas Ratio: 7.37% |
Conventional | 1 | 0.4% | 100% | $135,000 | View |
Lower, LLC
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FHA | 1 | 0.4% | 100% | $215,000 | |
Compass Mortgage, Inc.
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FHA | 1 | 0.4% | 50% | $325,000 | |
Navy Federal Credit Union
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VA | 1 | 0.4% | 100% | $115,000 | |
Carrington Mortgage Services LLC
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Conventional | 1 | 0.4% | 100% | $45,000 | |
Spring Eq, LLC
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Conventional | 1 | 0.4% | 100% | $25,000 | |
Plaza Home Mortgage, Inc
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FHA | 1 | 0.4% | 100% | $135,000 | |
Gershman Investment Corp.
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Conventional | 1 | 0.4% | 100% | $565,000 | |
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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A+5.0 ★Texas Ratio: 5.75% |
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 |
Grinnell 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 Grinnell, Iowa
Looking for mortgage lenders near me or mortgage brokers near me in Grinnell? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Grinnell in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Grinnell, IA
Use these to narrow the list above. Each category shows how many Grinnell, IA lenders fit and what that kind of lender is usually best for.
Who Lends in Grinnell, IA
Independent mortgage companies closed 22.6 percent of home loans in Grinnell, Iowa in 2025, banks 24.4 percent and credit unions 53 percent. Residential Mortgage Network, Inc. was the largest mortgage company, First State Bank the largest bank and Greenstate Credit Union the largest credit union. Among lenders headquartered in Iowa, First State Bank led with 18 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 Grinnell, IA
By home loans closed in 2025, First State Bank was the largest mortgage lender in Grinnell, Iowa with 18 loans, about 7.7 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Grinnell, Iowa, Greenstate Credit Union approved the highest share of completed applications in 2025 at 97.3 percent, against a 87.1 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.
13 lenders closed FHA loans in Grinnell, Iowa in 2025, led by Greenstate Credit Union with 3. 7 lenders closed VA loans, led by Greenstate Credit Union, and 4 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. 27 banks and 8 credit unions closed home loans in Grinnell, Iowa in 2025, alongside 25 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 Grinnell, 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 Grinnell, 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 Grinnell. 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.
