Mortgage Lenders and Brokers in Melcher-Dallas, 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
Melcher-Dallas, Iowa mortgage lenders include Veridian Credit UnionVeridian Credit Union2510 SW State St, Ankeny, IA 50023A+5.0 ★Texas Ratio: 4.74%, Peoples Savings BankPeoples Savings Bank2720 Gateway Dr, Carlisle, IA 50047A5.0 ★Texas Ratio: 7.57%, Community 1st Credit UnionCommunity 1st Credit Union1420 S Clinton St, Albia, IA 52531 2636B4.4 ★Texas Ratio: 22.12%, Journey Credit UnionJourney Credit Union1400 2nd Ave, Des Moines, IA 50314 3403A+5.0 ★Texas Ratio: 3.72%, Greenstate Credit UnionGreenstate Credit Union104 8th St SE, Altoona, IA 50009A5.0 ★Texas Ratio: 10.18%, Twin Cedars BankTwin Cedars Bank402 Merrill St, Bussey, IA 50044D3.5 ★Texas Ratio: 32.68%, Midwest Heritage Bank FSBMidwest Heritage Bank FSB640 Lincoln Way, Ames, IA 50010A5.0 ★Texas Ratio: 9.76%, Leighton State BankLeighton State Bank209 S Lincoln St, Knoxville, IA 50138A+5.0 ★Texas Ratio: 5.11%, Serve Credit UnionServe Credit Union423 E Court Ave, Des Moines, IA 50309 2010A+5.0 ★Texas Ratio: 3.05%, and Great Southern BankGreat Southern Bank2701 Stange Rd, Ames, IA 50010A+5.0 ★Texas Ratio: 1.55%. 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 Melcher-Dallas, Iowa in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Melcher-Dallas 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 Melcher-Dallas, Iowa
Market share is the lender's share of all home loans closed in Melcher-Dallas, 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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2510 SW State St, Ankeny, IA 50023 A+5.0 ★Texas Ratio: 4.74% |
Conventional, HELOC | 3 +1 HELOCs |
5.5% | 100% | $248,333 | View |
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2720 Gateway Dr, Carlisle, IA 50047 A5.0 ★Texas Ratio: 7.57% |
Conventional | 3 | 5.5% | 100% | $168,333 | View |
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1420 S Clinton St, Albia, IA 52531 2636 B4.4 ★Texas Ratio: 22.12% |
Conventional, HELOC | 2 +2 HELOCs |
3.6% | 33.3% | $60,000 | View |
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1400 2nd Ave, Des Moines, IA 50314 3403 A+5.0 ★Texas Ratio: 3.72% |
Conventional | 2 | 3.6% | 100% | $65,000 | View |
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104 8th St SE, Altoona, IA 50009 A5.0 ★Texas Ratio: 10.18% |
Conventional | 1 | 1.8% | 100% | $115,000 | View |
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402 Merrill St, Bussey, IA 50044 D3.5 ★Texas Ratio: 32.68% |
Conventional | 1 | 1.8% | 100% | $525,000 | View |
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640 Lincoln Way, Ames, IA 50010 A5.0 ★Texas Ratio: 9.76% |
Conventional | 1 | 1.8% | 100% | $45,000 | View |
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209 S Lincoln St, Knoxville, IA 50138 A+5.0 ★Texas Ratio: 5.11% |
Conventional | 1 | 1.8% | 100% | $45,000 | View |
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423 E Court Ave, Des Moines, IA 50309 2010 A+5.0 ★Texas Ratio: 3.05% |
Conventional | 1 | 1.8% | 100% | $105,000 | View |
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2701 Stange Rd, Ames, IA 50010 A+5.0 ★Texas Ratio: 1.55% |
USDA | 1 | 1.8% | 100% | $115,000 | View |
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205 Water St, Cambridge, IA 50046 A5.0 ★Texas Ratio: 7.99% |
Conventional | 1 | 1.8% | 100% | $135,000 | View |
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100 Nile Kinnick Dr N, Adel, IA 50003 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 1.8% | 100% | $125,000 | View |
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16390 Holcomb Ct, Clive, IA 50325 A+5.0 ★Texas Ratio: 1.00% |
Conventional | 1 | 1.8% | 100% | $255,000 | View |
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420 8th St Se, Altoona, IA 50009 A5.0 ★Texas Ratio: 12.73% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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520 Grand Ave, Ames, IA 50010 A5.0 ★Texas Ratio: 10.53% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Iowa Bankers Mortgage Corporation
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Conventional, USDA | 4 | 7.3% | 66.7% | $170,000 | |
Rocket Mortgage
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Conventional, FHA, VA | 5 | 9.1% | 71.4% | $135,000 | |
United Wholesale Mortgage
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FHA, VA, Jumbo | 2 | 3.6% | 100% | $690,000 | |
Guaranteed Rate, Inc.
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Conventional | 2 | 3.6% | 100% | $115,000 | |
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A+5.0 ★Texas Ratio: 2.20% |
Conventional, VA | 2 | 3.6% | 66.7% | $260,000 | View |
Nationstar Mortgage
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Conventional, FHA | 2 | 3.6% | 100% | $125,000 | |
New American Funding, LLC.
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Conventional, FHA | 2 | 3.6% | 66.7% | $85,000 | |
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A5.0 ★Texas Ratio: 7.16% |
Conventional | 1 | 1.8% | 100% | $145,000 | View |
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A+5.0 ★Texas Ratio: 0.00% |
VA | 1 | 1.8% | 100% | $95,000 | View |
Newrez LLC
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VA | 1 | 1.8% | 50% | $125,000 | |
loanDepot.com LLC
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FHA | 1 | 1.8% | 50% | $115,000 | |
Pennymac Loan Services LLC
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FHA | 1 | 1.8% | 100% | $205,000 | |
Guild Mortgage Company
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Conventional | 1 | 1.8% | 100% | $145,000 | |
Frontier Financial, Inc. DBA Frontier Mortgage
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Conventional | 1 | 1.8% | 100% | $215,000 | |
American Financing Corporation
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FHA | 1 | 1.8% | 100% | $205,000 | |
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A+5.0 ★Texas Ratio: 1.69% |
Conventional | 1 | 1.8% | 100% | $195,000 | View |
Marine Credit Union
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Conventional | 1 | 1.8% | 50% | $115,000 | |
Planet Home Lending, LLC
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FHA | 1 | 1.8% | 100% | $145,000 | |
Sierra Pacific Mortgage Co. Inc
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VA | 1 | 1.8% | 50% | $315,000 | |
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A+5.0 ★Texas Ratio: 2.29% |
VA | 1 | 1.8% | 100% | $205,000 | View |
Lower, LLC
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VA | 1 | 1.8% | 100% | $445,000 | |
Compass Mortgage, Inc.
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Conventional | 1 | 1.8% | 100% | $255,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 1.8% | 100% | $215,000 | View |
Gershman Investment Corp.
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FHA | 1 | 1.8% | 100% | $275,000 |
Melcher-Dallas 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 Melcher-Dallas, Iowa
Looking for mortgage lenders near me or mortgage brokers near me in Melcher-Dallas? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Melcher-Dallas in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Melcher-Dallas, IA
Use these to narrow the list above. Each category shows how many Melcher-Dallas, IA lenders fit and what that kind of lender is usually best for.
Who Lends in Melcher-Dallas, IA
Independent mortgage companies closed 52.7 percent of home loans in Melcher-Dallas, Iowa in 2025, banks 29.1 percent and credit unions 18.2 percent. Iowa Bankers Mortgage Corporation was the largest mortgage company, Peoples Savings Bank the largest bank and Veridian Credit Union the largest credit union. Among lenders headquartered in Iowa, Veridian Credit Union led with 3 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 Melcher-Dallas, IA
By home loans closed in 2025, Veridian Credit Union was the largest mortgage lender in Melcher-Dallas, Iowa with 3 loans, about 5.5 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
9 lenders closed FHA loans in Melcher-Dallas, Iowa in 2025, led by Rocket Mortgage with 1. 8 lenders closed VA loans, led by Rocket Mortgage, and 2 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. 14 banks and 7 credit unions closed home loans in Melcher-Dallas, 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 Melcher-Dallas, 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 Melcher-Dallas, 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 Melcher-Dallas. 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.
