Mortgage Lenders and Brokers in Newton, 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
Newton, Iowa mortgage lenders include Advantage Credit UnionAdvantage Credit Union121 W 3rd St N, Newton, IA 50208 3040A5.0 ★Texas Ratio: 8.08%, Bank IowaBank Iowa215 W 2nd St N, Newton, IA 50208A5.0 ★Texas Ratio: 12.73%, Great Southern BankGreat Southern Bank1907 1st Ave E, Newton, IA 50208A+5.0 ★Texas Ratio: 1.55%, US Bank, N.A.US Bank, N.A.112 W 2nd St S, Newton, IA 50208A+5.0 ★Texas Ratio: 2.85%, First Interstate BankFirst Interstate Bank511 1st Ave E, Newton, IA 50208A+5.0 ★Texas Ratio: 4.72%, 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%, Fidelity BankFidelity Bank205 Water St, Cambridge, IA 50046A5.0 ★Texas Ratio: 7.99%, Veridian Credit UnionVeridian Credit Union2510 SW State St, Ankeny, IA 50023A+5.0 ★Texas Ratio: 4.74%, and Availa BankAvaila Bank1530 S Duff Ave, Ames, IA 50010A+5.0 ★Texas Ratio: 1.89%. 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 Newton, Iowa in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Newton 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 Newton, Iowa
Market share is the lender's share of all home loans closed in Newton, 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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121 W 3rd St N, Newton, IA 50208 3040 A5.0 ★Texas Ratio: 8.08% |
Conventional, HELOC | 34 +2 HELOCs |
9% | 100% | $80,000 | View |
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1 office in Newton 215 W 2nd St N, Newton, IA 50208 A5.0 ★Texas Ratio: 12.73% |
Conventional, USDA, HELOC | 16 +10 HELOCs |
4.2% | 94.4% | $155,625 | View |
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1 office in Newton 1907 1st Ave E, Newton, IA 50208 A+5.0 ★Texas Ratio: 1.55% |
Conventional, FHA | 15 | 4% | 75% | $121,666 | View |
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1 office in Newton 112 W 2nd St S, Newton, IA 50208 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 3 +2 HELOCs |
0.8% | 60% | $105,000 | View |
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★ 1 stars, 1 review 1 office in Newton 511 1st Ave E, Newton, IA 50208 A+5.0 ★Texas Ratio: 4.72% |
Conventional, HELOC | 2 +1 HELOCs |
0.5% | 66.7% | $60,000 | View |
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104 8th St SE, Altoona, IA 50009 A5.0 ★Texas Ratio: 10.18% |
Conventional, HELOC | 9 +9 HELOCs |
2.4% | 92.3% | $111,666 | View |
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818 8th st SW, Altoona, IA 50009 A+5.0 ★Texas Ratio: 3.41% |
Conventional, HELOC | 8 +5 HELOCs |
2.1% | 88.9% | $137,500 | View |
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205 Water St, Cambridge, IA 50046 A5.0 ★Texas Ratio: 7.99% |
Conventional, FHA, USDA | 5 | 1.3% | 100% | $197,000 | View |
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2510 SW State St, Ankeny, IA 50023 A+5.0 ★Texas Ratio: 4.74% |
Conventional, HELOC | 4 +11 HELOCs |
1.1% | 80% | $167,500 | View |
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1530 S Duff Ave, Ames, IA 50010 A+5.0 ★Texas Ratio: 1.89% |
Conventional | 4 | 1.1% | 100% | $82,500 | View |
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129 E Main St, Agency, IA 52530 A+5.0 ★Texas Ratio: 1.47% |
Conventional | 3 | 0.8% | 100% | $121,666 | View |
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6410 Sw 9th St, Des Moines, IA 50315 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 3 | 0.8% | 100% | $91,666 | View |
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801 Lincoln Way, Ames, IA 50010 A5.0 ★Texas Ratio: 8.43% |
Conventional | 2 | 0.5% | 100% | $35,000 | View |
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218 Main St, Beaman, IA 50609 A+5.0 ★Texas Ratio: 2.65% |
Conventional | 2 | 0.5% | 100% | $225,000 | View |
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1420 S Clinton St, Albia, IA 52531 2636 B4.4 ★Texas Ratio: 22.12% |
Conventional, HELOC | 1 +2 HELOCs |
0.3% | 100% | $295,000 | View |
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5865 Saratoga Rd, Asbury, IA 52002 A+5.0 ★Texas Ratio: 3.87% |
Conventional, HELOC | 1 +1 HELOCs |
0.3% | 100% | $155,000 | View |
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3820 8th St Sw, Altoona, IA 50009 A+5.0 ★Texas Ratio: 2.48% |
Conventional | 1 | 0.3% | 100% | $175,000 | View |
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1403 S Rooselvelt, Burlington, IA 52601 A+5.0 ★Texas Ratio: 5.26% |
Conventional | 1 | 0.3% | 100% | $155,000 | View |
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2805 N Ankeny Blvd, Ankeny, IA 50023 A+5.0 ★Texas Ratio: 2.72% |
USDA | 1 | 0.3% | 100% | $225,000 | View |
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209 S Lincoln St, Knoxville, IA 50138 A+5.0 ★Texas Ratio: 5.11% |
Conventional | 1 | 0.3% | 100% | $625,000 | View |
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1009 Court St, Adel, IA 50003 A5.0 ★Texas Ratio: 6.14% |
Conventional | 1 | 0.3% | 100% | $125,000 | View |
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200 8th St Se, Altoona, IA 50009 A+5.0 ★Texas Ratio: 1.22% |
Conventional | 1 | 0.3% | 100% | $35,000 | View |
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201 207 Main Street, Baxter, IA 50028 A5.0 ★Texas Ratio: 9.50% |
Conventional | 1 | 0.3% | 50% | $545,000 | View |
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100 Nile Kinnick Dr N, Adel, IA 50003 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 0.3% | 100% | $125,000 | View |
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100 E Railroad St, Afton, IA 50830 A+5.0 ★Texas Ratio: 1.69% |
Conventional | 1 | 0.3% | 100% | $145,000 | View |
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16390 Holcomb Ct, Clive, IA 50325 A+5.0 ★Texas Ratio: 1.00% |
Conventional | 1 | 0.3% | 100% | $105,000 | 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 | |
Homeservices Lending LLC
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Conventional, FHA, VA | 29 | 7.7% | 96.7% | $140,862 | |
Residential Mortgage Network, Inc.
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Conventional, VA, USDA | 5 | 1.3% | 100% | $159,000 | |
Iowa Bankers Mortgage Corporation
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Conventional, FHA | 5 | 1.3% | 71.4% | $159,000 | |
Contract Exchange Corporation
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Conventional | 1 | 0.3% | 50% | $135,000 | |
Midwestone Bank
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Compass Mortgage, Inc.
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Conventional, FHA, VA, USDA | 37 | 9.8% | 92.5% | $190,405 | |
Rocket Mortgage
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Conventional, FHA, VA | 21 | 5.6% | 80.8% | $113,095 | |
Stockton Mortgage Corporation
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Conventional, FHA, VA, USDA | 20 | 5.3% | 95.2% | $173,000 | |
New American Funding, LLC.
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Conventional, FHA, USDA | 18 | 4.8% | 90% | $109,444 | |
United Wholesale Mortgage
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Conventional, FHA, VA, USDA | 12 | 3.2% | 92.3% | $227,500 | |
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A+5.0 ★Texas Ratio: 2.20% |
Conventional, FHA, VA, USDA | 10 | 2.6% | 100% | $158,000 | View |
Mortgage Research Center
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VA | 9 | 2.4% | 64.3% | $219,444 | |
Pennymac Loan Services LLC
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Conventional, FHA, VA | 7 | 1.9% | 87.5% | $119,285 | |
Cmg Mortgage Inc
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FHA, USDA | 6 | 1.6% | 100% | $96,666 | |
Cardinal Financial Company, Li
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Conventional, FHA | 6 | 1.6% | 66.7% | $126,666 | |
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A+5.0 ★Texas Ratio: 0.00% |
Conventional, FHA, VA | 5 | 1.3% | 83.3% | $215,000 | View |
Guaranteed Rate, Inc.
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Conventional, VA | 4 | 1.1% | 100% | $175,000 | |
Frontier Financial, Inc. DBA Frontier Mortgage
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Conventional, FHA | 4 | 1.1% | 100% | $182,500 | |
Newrez LLC
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Conventional, FHA, VA | 3 | 0.8% | 60% | $148,333 | |
Envoy Mortgage, Ltd
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Conventional | 3 | 0.8% | 100% | $201,666 | |
Click n' Close, Inc.
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FHA, USDA | 3 | 0.8% | 100% | $158,333 | |
Homeowners Financial Group, LLC
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Conventional, FHA, VA | 3 | 0.8% | 100% | $345,000 | |
American Pacific Mortgage Corporation
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Conventional, FHA | 3 | 0.8% | 60% | $178,333 | |
Gershman Investment Corp.
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Conventional, FHA | 3 | 0.8% | 100% | $225,000 | |
loanDepot.com LLC
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Conventional, FHA, HELOC | 2 +1 HELOCs |
0.5% | 50% | $195,000 | |
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A5.0 ★Texas Ratio: 7.16% |
USDA | 2 | 0.5% | 100% | $185,000 | View |
Amerisave Mortgage Company
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Conventional | 2 | 0.5% | 25% | $85,000 | |
Michigan Mutual, Inc
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Conventional, VA | 2 | 0.5% | 100% | $160,000 | |
Nfm, Inc
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Conventional, FHA | 2 | 0.5% | 100% | $100,000 | |
New Day Financial, LLC.
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VA | 2 | 0.5% | 40% | $185,000 | |
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A+5.0 ★Texas Ratio: 2.29% |
Conventional | 2 | 0.5% | 100% | $200,000 | View |
Lower, LLC
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Conventional, FHA | 2 | 0.5% | 100% | $175,000 | |
Fairway Independent Mort Corp
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FHA, VA | 2 | 0.5% | 100% | $170,000 | |
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A+5.0 ★Texas Ratio: 5.75% |
Conventional, HELOC | 1 +5 HELOCs |
0.3% | 100% | $115,000 | |
Royal United Mortgage LLC
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Conventional | 1 | 0.3% | 100% | $115,000 | |
Movement Mortgage, LLC
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FHA | 1 | 0.3% | 100% | $185,000 | |
United Trust Bank
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FHA | 1 | 0.3% | 100% | $185,000 | |
Guild Mortgage Company
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Conventional | 1 | 0.3% | 100% | $115,000 | |
Flat Branch Mortgage, Inc.
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FHA | 1 | 0.3% | 100% | $265,000 | |
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A+5.0 ★Texas Ratio: 1.69% |
Conventional | 1 | 0.3% | 100% | $145,000 | View |
Land Home Financial Services,
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FHA | 1 | 0.3% | 100% | $185,000 | |
Ruhl Mortgage LLC
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VA | 1 | 0.3% | 100% | $145,000 | |
Churchill Mortgage Corporation
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Conventional | 1 | 0.3% | 100% | $185,000 | |
Marine Credit Union
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Conventional | 1 | 0.3% | 50% | $15,000 | |
Planet Home Lending, LLC
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FHA | 1 | 0.3% | 100% | $225,000 | |
Sierra Pacific Mortgage Co. Inc
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USDA | 1 | 0.3% | 100% | $125,000 | |
Nationstar Mortgage
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Conventional | 1 | 0.3% | 50% | $45,000 | |
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A+5.0 ★Texas Ratio: 1.47% |
Conventional | 1 | 0.3% | 100% | $335,000 | View |
Mutual of Omaha Mortgage
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VA | 1 | 0.3% | 100% | $315,000 | |
Mld Mortgage, Inc.Dba the Money Store
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FHA | 1 | 0.3% | 100% | $115,000 | |
Navy Federal Credit Union
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VA | 1 | 0.3% | 100% | $245,000 | |
Carrington Mortgage Services LLC
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VA | 1 | 0.3% | 100% | $125,000 | |
Spring Eq, LLC
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Conventional | 1 | 0.3% | 33.3% | $25,000 | |
Village Capital & Investment
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FHA | 1 | 0.3% | 100% | $165,000 | |
Figure Lending LLC
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
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A5.0 ★Texas Ratio: 11.97% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Newton 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 Newton, Iowa
Looking for mortgage lenders near me or mortgage brokers near me in Newton? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Newton in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Newton, IA
Use these to narrow the list above. Each category shows how many Newton, IA lenders fit and what that kind of lender is usually best for.
Who Lends in Newton, IA
Independent mortgage companies closed 62.4 percent of home loans in Newton, Iowa in 2025, banks 21.2 percent and credit unions 16.4 percent. Homeservices Lending LLC was the largest mortgage company, Bank Iowa the largest bank and Advantage Credit Union the largest credit union. Among lenders headquartered in Iowa, Advantage Credit Union led with 34 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 Newton, IA
By home loans closed in 2025, Advantage Credit Union was the largest mortgage lender in Newton, Iowa with 34 loans, about 9 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
31 lenders closed FHA loans in Newton, Iowa in 2025, led by Compass Mortgage, Inc. with 23. 20 lenders closed VA loans, led by Mortgage Research Center, and 13 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. 28 banks and 10 credit unions closed home loans in Newton, Iowa in 2025, alongside 45 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 Newton, 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 Newton, 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 Newton. 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.
