Mortgage Lenders and Brokers in Indianola, 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
Indianola, Iowa mortgage lenders include Peoples Savings BankPeoples Savings Bank400 E Iowa Ave, Indianola, IA 50125A5.0 ★Texas Ratio: 7.57%, Wells Fargo Bank NAWells Fargo Bank NA509 N Jefferson Way, Indianola, IA 50125A+5.0 ★Texas Ratio: 5.36%, BMO Harris Bank NABMO Harris Bank NA211 E Boston Ave, Indianola, IA 50125A+5.0 ★Texas Ratio: 3.54%, Greenstate Credit UnionGreenstate Credit Union104 8th St SE, Altoona, IA 50009A5.0 ★Texas Ratio: 10.18%, Community Choice Credit UnionCommunity Choice Credit Union818 8th st SW, Altoona, IA 50009A+5.0 ★Texas Ratio: 3.41%, Greater Iowa Credit UnionGreater Iowa Credit Union301 E Scenic Valley Ave, Indianola, IA 50125 4865A5.0 ★Texas Ratio: 8.43%, Community 1st Credit UnionCommunity 1st Credit Union300 S Jefferson Way, Indianola, IA 50125B4.4 ★Texas Ratio: 22.12%, Veridian Credit UnionVeridian Credit Union2510 SW State St, Ankeny, IA 50023A+5.0 ★Texas Ratio: 4.74%, City State BankCity State Bank1510 N 1st St, Indianola, IA 50125A+5.0 ★Texas Ratio: 2.18%, 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 Indianola, Iowa in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Indianola 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 Indianola, Iowa
Market share is the lender's share of all home loans closed in Indianola, 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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400 E Iowa Ave, Indianola, IA 50125 A5.0 ★Texas Ratio: 7.57% |
Conventional, Jumbo | 17 | 3.9% | 100% | $275,000 | View |
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1 office in Indianola 509 N Jefferson Way, Indianola, IA 50125 A+5.0 ★Texas Ratio: 5.36% |
Conventional, FHA | 5 | 1.1% | 100% | $211,000 | View |
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1 office in Indianola 211 E Boston Ave, Indianola, IA 50125 A+5.0 ★Texas Ratio: 3.54% |
Conventional, HELOC | 2 +4 HELOCs |
0.5% | 100% | $125,000 | View |
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104 8th St SE, Altoona, IA 50009 A5.0 ★Texas Ratio: 10.18% |
Conventional, FHA, VA, HELOC | 38 +7 HELOCs |
8.6% | 89.1% | $227,631 | View |
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818 8th st SW, Altoona, IA 50009 A+5.0 ★Texas Ratio: 3.41% |
Conventional, FHA, VA, HELOC | 37 +10 HELOCs |
8.4% | 100% | $326,081 | View |
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301 E Scenic Valley Ave, Indianola, IA 50125 4865 A5.0 ★Texas Ratio: 8.43% |
Conventional | 27 | 6.1% | 87.1% | $130,925 | View |
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300 S Jefferson Way, Indianola, IA 50125 B4.4 ★Texas Ratio: 22.12% |
Conventional, HELOC | 16 +6 HELOCs |
3.6% | 84.2% | $110,625 | View |
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2510 SW State St, Ankeny, IA 50023 A+5.0 ★Texas Ratio: 4.74% |
Conventional, HELOC | 11 +11 HELOCs |
2.5% | 100% | $159,545 | View |
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1510 N 1st St, Indianola, IA 50125 A+5.0 ★Texas Ratio: 2.18% |
Conventional | 7 | 1.6% | 87.5% | $203,571 | View |
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520 Grand Ave, Ames, IA 50010 A5.0 ★Texas Ratio: 10.53% |
Conventional, HELOC | 6 +7 HELOCs |
1.4% | 100% | $108,333 | View |
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640 Lincoln Way, Ames, IA 50010 A5.0 ★Texas Ratio: 9.76% |
Conventional | 5 | 1.1% | 71.4% | $205,000 | View |
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4303 Fleur Dr, Des Moines, IA 50321 2327 A+5.0 ★Texas Ratio: 4.80% |
Conventional | 5 | 1.1% | 100% | $65,000 | View |
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100 E Railroad St, Afton, IA 50830 A+5.0 ★Texas Ratio: 1.69% |
Conventional | 4 | 0.9% | 100% | $212,500 | View |
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111 8th St Se, Altoona, IA 50009 A+5.0 ★Texas Ratio: 2.85% |
Conventional, VA, HELOC | 3 +2 HELOCs |
0.7% | 100% | $181,666 | View |
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420 8th St Se, Altoona, IA 50009 A5.0 ★Texas Ratio: 12.73% |
Conventional | 3 | 0.7% | 75% | $258,333 | View |
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205 Water St, Cambridge, IA 50046 A5.0 ★Texas Ratio: 7.99% |
Conventional | 3 | 0.7% | 100% | $191,666 | View |
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2650 University Ave, Des Moines, IA 50311 A+5.0 ★Texas Ratio: 4.14% |
Conventional, HELOC | 2 +1 HELOCs |
0.5% | 100% | $140,000 | View |
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801 E Main St, Lamoni, IA 50140 A+5.0 ★Texas Ratio: 0.26% |
Conventional | 2 | 0.5% | 100% | $150,000 | View |
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2805 N Ankeny Blvd, Ankeny, IA 50023 A+5.0 ★Texas Ratio: 2.72% |
Conventional | 2 | 0.5% | 100% | $275,000 | View |
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423 E Court Ave, Des Moines, IA 50309 2010 A+5.0 ★Texas Ratio: 3.05% |
Conventional | 2 | 0.5% | 100% | $105,000 | View |
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5865 Saratoga Rd, Asbury, IA 52002 A+5.0 ★Texas Ratio: 3.87% |
Conventional | 2 | 0.5% | 100% | $415,000 | View |
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6410 Sw 9th St, Des Moines, IA 50315 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 2 | 0.5% | 100% | $90,000 | View |
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3820 8th St Sw, Altoona, IA 50009 A+5.0 ★Texas Ratio: 2.48% |
Conventional, HELOC | 1 +2 HELOCs |
0.2% | 50% | $75,000 | View |
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435 S Duff Ave, Ames, IA 50010 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.2% | 100% | $185,000 | View |
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923 Main St, Hamburg, IA 51640 A5.0 ★Texas Ratio: 10.07% |
VA | 1 | 0.2% | 100% | $235,000 | View |
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515 Main St, Cedar Falls, IA 50613 A+5.0 ★Texas Ratio: 0.10% |
Conventional | 1 | 0.2% | 100% | $195,000 | View |
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129 E Main St, Agency, IA 52530 A+5.0 ★Texas Ratio: 1.47% |
Conventional | 1 | 0.2% | 100% | $5,000 | View |
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114 N Howard St, Indianola, IA 50125 A+5.0 ★Texas Ratio: 4.37% |
Conventional | 1 | 0.2% | 100% | $15,000 | View |
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1400 2nd Ave, Des Moines, IA 50314 3403 A+5.0 ★Texas Ratio: 3.72% |
Conventional | 1 | 0.2% | 100% | $115,000 | View |
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804 Greenwood Hills Dr, Adel, IA 50003 A+5.0 ★Texas Ratio: 1.17% |
Conventional | 1 | 0.2% | 100% | $305,000 | View |
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1009 Court St, Adel, IA 50003 A5.0 ★Texas Ratio: 6.14% |
Conventional | 1 | 0.2% | 100% | $155,000 | View |
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114 S Broad St, Orient, IA 50858 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.2% | 100% | $255,000 | View |
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134 Main St, Columbus Junction, IA 52738 A+5.0 ★Texas Ratio: 5.66% |
Conventional | 1 | 0.2% | 100% | $315,000 | View |
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337 N Roosevelt Ave, Burlington, IA 52601 A+5.0 ★Texas Ratio: 2.85% |
Conventional | 1 | 0.2% | 100% | $55,000 | View |
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203 W Highway 92, Bevington, IA 50033 A+5.0 ★Texas Ratio: 5.57% |
Conventional | 1 | 0.2% | 100% | $75,000 | View |
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793 Main St, Anita, IA 50020 A+5.0 ★Texas Ratio: 0.09% |
Conventional | 1 | 0.2% | 100% | $585,000 | View |
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5908 Winterberry Dr, Cedar Falls, IA 50613 B4.6 ★Texas Ratio: 20.10% |
Conventional | 1 | 0.2% | 100% | $25,000 | View |
Iowa Bankers Mortgage Corporation
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Conventional | 20 | 4.5% | 80% | $285,000 | |
Homeservices Lending LLC
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Conventional, FHA, VA, USDA | 16 | 3.6% | 100% | $251,250 | |
Two Rivers Bank & Trust
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Conventional | 1 | 0.2% | 100% | $305,000 | |
Rocket Mortgage
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Conventional, FHA, VA, Jumbo | 22 | 5% | 82.8% | $274,090 | |
New American Funding, LLC.
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Conventional, FHA | 13 | 3% | 100% | $191,923 | |
DHI Mortgage Company, LTD.
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Conventional, FHA, VA | 11 | 2.5% | 91.7% | $324,090 | |
United Wholesale Mortgage
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Conventional, FHA, VA, USDA | 9 | 2% | 66.7% | $237,222 | |
Newrez LLC
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Conventional, FHA, VA, USDA | 9 | 2% | 69.2% | $287,222 | |
Mortgage Research Center
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FHA, VA | 9 | 2% | 75% | $233,888 | |
Guaranteed Rate, Inc.
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Conventional, FHA, USDA | 8 | 1.8% | 100% | $223,750 | |
Fairway Independent Mort Corp
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Conventional, FHA, VA | 8 | 1.8% | 100% | $203,750 | |
Pennymac Loan Services LLC
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Conventional, FHA, VA | 7 | 1.6% | 87.5% | $217,857 | |
Cmg Mortgage Inc
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Conventional, FHA, USDA | 7 | 1.6% | 100% | $136,428 | |
Envoy Mortgage, Ltd
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Conventional, VA | 6 | 1.4% | 100% | $191,666 | |
Movement Mortgage, LLC
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Conventional, VA | 6 | 1.4% | 100% | $305,000 | |
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A+5.0 ★Texas Ratio: 1.69% |
Conventional | 6 | 1.4% | 87.5% | $158,333 | View |
Lower, LLC
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Conventional | 5 | 1.1% | 100% | $209,000 | |
loanDepot.com LLC
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Conventional, FHA | 4 | 0.9% | 66.7% | $257,500 | |
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A+5.0 ★Texas Ratio: 2.20% |
Conventional, FHA | 4 | 0.9% | 100% | $275,000 | View |
Guild Mortgage Company
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Conventional, FHA | 3 | 0.7% | 100% | $255,000 | |
Mutual of Omaha Mortgage
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Conventional, FHA, VA | 3 | 0.7% | 75% | $298,333 | |
Carrington Mortgage Services LLC
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FHA | 3 | 0.7% | 60% | $151,666 | |
Plaza Home Mortgage, Inc
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Conventional, FHA, VA | 3 | 0.7% | 100% | $238,333 | |
Navy Federal Credit Union
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Conventional, VA, HELOC | 2 +1 HELOCs |
0.5% | 100% | $185,000 | |
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A+5.0 ★Texas Ratio: 0.00% |
VA | 2 | 0.5% | 42.9% | $290,000 | View |
Cardinal Financial Company, Li
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Conventional | 2 | 0.5% | 100% | $250,000 | |
Marine Credit Union
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Conventional | 2 | 0.5% | 100% | $230,000 | |
American Pacific Mortgage Corporation
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Conventional, USDA | 2 | 0.5% | 100% | $300,000 | |
Stockton Mortgage Corporation
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FHA, VA | 2 | 0.5% | 66.7% | $270,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 2 | 0.5% | 100% | $75,000 | View |
Gershman Investment Corp.
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Conventional, FHA | 2 | 0.5% | 100% | $120,000 | |
Spring Eq, LLC
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Conventional, HELOC | 1 +1 HELOCs |
0.2% | 100% | $55,000 | |
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A5.0 ★Texas Ratio: 7.16% |
USDA | 1 | 0.2% | 100% | $215,000 | View |
Lakeview Loan Servicing, LLC
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FHA | 1 | 0.2% | 100% | $185,000 | |
Brighton Bank
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VA | 1 | 0.2% | 100% | $505,000 | |
AmeriHome Mortgage Company, LLC
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Conventional | 1 | 0.2% | 100% | $245,000 | |
Frontier Financial, Inc. DBA Frontier Mortgage
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FHA | 1 | 0.2% | 100% | $215,000 | |
Click n' Close, Inc.
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USDA | 1 | 0.2% | 100% | $255,000 | |
New Day Financial, LLC.
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VA | 1 | 0.2% | 50% | $245,000 | |
Transportation Federal Credit Union
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Conventional | 1 | 0.2% | 100% | $115,000 | |
Churchill Mortgage Corporation
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FHA | 1 | 0.2% | 100% | $145,000 | |
Planet Home Lending, LLC
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Conventional | 1 | 0.2% | 100% | $185,000 | |
The Anderson Financial Group, Inc.
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Conventional | 1 | 0.2% | 100% | $185,000 | |
Nationstar Mortgage
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Conventional | 1 | 0.2% | 100% | $225,000 | |
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A+5.0 ★Texas Ratio: 3.29% |
Conventional | 1 | 0.2% | 100% | $165,000 | View |
Endeavor Capital, LLC
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Conventional | 1 | 0.2% | 100% | $265,000 | |
The Loan Store, Inc
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Conventional | 1 | 0.2% | 100% | $215,000 | |
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A+5.0 ★Texas Ratio: 3.12% |
FHA | 1 | 0.2% | 100% | $235,000 | View |
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A+5.0 ★Texas Ratio: 2.29% |
Conventional | 1 | 0.2% | 50% | $215,000 | View |
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A-5.0 ★Texas Ratio: 14.97% |
FHA | 1 | 0.2% | 100% | $245,000 | View |
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A+5.0 ★Texas Ratio: 2.14% |
Conventional | 1 | 0.2% | 100% | $305,000 | View |
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★ 1 stars, 1 review A+5.0 ★Texas Ratio: 2.87% |
Conventional | 1 | 0.2% | 100% | $375,000 | View |
Compass Mortgage, Inc.
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VA | 1 | 0.2% | 100% | $445,000 | |
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B+4.8 ★Texas Ratio: 16.98% |
Conventional | 1 | 0.2% | 100% | $115,000 | View |
Paramount Residential Mortgage
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FHA | 1 | 0.2% | 100% | $295,000 | |
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A+5.0 ★Texas Ratio: 3.23% |
VA | 1 | 0.2% | 100% | $515,000 | View |
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a |
Indianola 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 Indianola, Iowa
Looking for mortgage lenders near me or mortgage brokers near me in Indianola? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Indianola in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Indianola, IA
Use these to narrow the list above. Each category shows how many Indianola, IA lenders fit and what that kind of lender is usually best for.
Who Lends in Indianola, IA
Independent mortgage companies closed 44.5 percent of home loans in Indianola, Iowa in 2025, banks 20.9 percent and credit unions 34.5 percent. Iowa Bankers Mortgage Corporation was the largest mortgage company, Peoples Savings Bank the largest bank and Greenstate Credit Union the largest credit union. Among lenders headquartered in Iowa, Peoples Savings Bank led with 17 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 Indianola, IA
By home loans closed in 2025, Peoples Savings Bank was the largest mortgage lender in Indianola, Iowa with 17 loans, about 3.9 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
28 lenders closed FHA loans in Indianola, Iowa in 2025, led by New American Funding, LLC. with 5. 23 lenders closed VA loans, led by Mortgage Research Center, and 8 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. 40 banks and 15 credit unions closed home loans in Indianola, Iowa in 2025, alongside 40 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 Indianola, 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 Indianola, 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 Indianola. 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.
