Mortgage Lenders and Brokers in Spirit Lake, Iowa
Brian McKay
|
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.
|
✓Fact Checked
|
Loan Rates Last Updated and Verified: October 7, 2026
Spirit Lake, Iowa mortgage lenders include Northwest BankNorthwest Bank1008 18th St, Spirit Lake, IA 51360A+5.0 ★Texas Ratio: 1.69%, Central BankCentral Bank1400 18th St, Spirit Lake, IA 51360A+5.0 ★Texas Ratio: 2.72%, Bank MidwestBank Midwest1800 Royal Ave, Spirit Lake, IA 51360A+5.0 ★Texas Ratio: 3.34%, The Security National Bank of Sioux City, IowaThe Security National Bank of Sioux City, Iowa251 Reed St, Akron, IA 51001A+5.0 ★Texas Ratio: 1.49%, American State BankAmerican State Bank208 10th St, Alton, IA 51003A+5.0 ★Texas Ratio: 5.50%, PrimebankPrimebank37 1st Ave Nw, Le Mars, IA 51031A-4.9 ★Texas Ratio: 16.11%, Greenstate Credit UnionGreenstate Credit Union104 8th St SE, Altoona, IA 50009A5.0 ★Texas Ratio: 10.18%, US Bank, N.A.US Bank, N.A.111 8th St Se, Altoona, IA 50009A+5.0 ★Texas Ratio: 2.85%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA435 S Duff Ave, Ames, IA 50010A+5.0 ★Texas Ratio: 3.68%, and Midstates Bank NAMidstates Bank NA206 N Elm St, Avoca, IA 51521A+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 Spirit Lake, Iowa in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Spirit Lake 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 Spirit Lake, Iowa
Market share is the lender's share of all home loans closed in Spirit Lake, 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 |
|---|---|---|---|---|---|---|
|
1 office in Spirit Lake 1008 18th St, Spirit Lake, IA 51360 A+5.0 ★Texas Ratio: 1.69% |
Conventional, Jumbo, HELOC | 29 +32 HELOCs |
25% | 93.8% | $270,517 | View |
|
1 office in Spirit Lake 1400 18th St, Spirit Lake, IA 51360 A+5.0 ★Texas Ratio: 2.72% |
Conventional, VA, Jumbo, HELOC | 20 +8 HELOCs |
17.2% | 95.2% | $268,500 | View |
|
1800 Royal Ave, Spirit Lake, IA 51360 A+5.0 ★Texas Ratio: 3.34% |
Conventional, Jumbo | 7 | 6% | 77.8% | $426,428 | View |
|
251 Reed St, Akron, IA 51001 A+5.0 ★Texas Ratio: 1.49% |
Conventional, Jumbo | 2 | 1.7% | 100% | $725,000 | View |
|
208 10th St, Alton, IA 51003 A+5.0 ★Texas Ratio: 5.50% |
Conventional | 2 | 1.7% | 100% | $245,000 | View |
|
37 1st Ave Nw, Le Mars, IA 51031 A-4.9 ★Texas Ratio: 16.11% |
Conventional | 2 | 1.7% | 100% | $365,000 | View |
|
104 8th St SE, Altoona, IA 50009 A5.0 ★Texas Ratio: 10.18% |
Conventional, HELOC | 1 +1 HELOCs |
0.9% | 100% | $105,000 | View |
|
111 8th St Se, Altoona, IA 50009 A+5.0 ★Texas Ratio: 2.85% |
Conventional | 1 | 0.9% | 100% | $55,000 | View |
|
435 S Duff Ave, Ames, IA 50010 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.9% | 100% | $195,000 | View |
|
206 N Elm St, Avoca, IA 51521 A+5.0 ★Texas Ratio: 1.89% |
Conventional | 1 | 0.9% | 100% | $105,000 | View |
|
640 Lincoln Way, Ames, IA 50010 A5.0 ★Texas Ratio: 9.76% |
Conventional | 1 | 0.9% | 100% | $25,000 | View |
|
1530 S Duff Ave, Ames, IA 50010 A+5.0 ★Texas Ratio: 1.89% |
Conventional | 1 | 0.9% | 100% | $745,000 | View |
|
902 10th St, Onawa, IA 51040 A+5.0 ★Texas Ratio: 3.25% |
Conventional | 1 | 0.9% | 100% | $355,000 | View |
|
100 Nile Kinnick Dr N, Adel, IA 50003 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 0.9% | 100% | $265,000 | View |
|
328 Main St, Elma, IA 50628 A+5.0 ★Texas Ratio: 3.08% |
Conventional | 1 | 0.9% | 100% | $75,000 | View |
|
205 E Erie Street, Missouri Valley, IA 51555 A+5.0 ★Texas Ratio: 1.13% |
Conventional | 1 | 0.9% | 100% | $625,000 | View |
|
71 Hardy St, Akron, IA 51001 A5.0 ★Texas Ratio: 6.85% |
Conventional, Jumbo | 1 | 0.9% | 100% | $1,635,000 | View |
Iowa Bankers Mortgage Corporation
|
Conventional | 3 | 2.6% | 75% | $255,000 | |
Rocket Mortgage
|
Conventional, FHA | 5 | 4.3% | 83.3% | $153,000 | |
|
A5.0 ★Texas Ratio: 7.16% |
Conventional, FHA, VA, USDA | 4 | 3.4% | 100% | $252,500 | View |
United Wholesale Mortgage
|
Conventional, FHA | 3 | 2.6% | 75% | $175,000 | |
First Colony Mortgage Corporat
|
Conventional, FHA, VA | 3 | 2.6% | 100% | $301,666 | |
|
A+5.0 ★Texas Ratio: 4.99% |
Conventional, USDA | 3 | 2.6% | 100% | $211,666 | View |
AmeriHome Mortgage Company, LLC
|
FHA | 2 | 1.7% | 100% | $200,000 | |
Pennymac Loan Services LLC
|
FHA, VA | 2 | 1.7% | 100% | $340,000 | |
Amerisave Mortgage Company
|
Conventional, FHA | 2 | 1.7% | 100% | $195,000 | |
Mortgage Research Center
|
VA | 2 | 1.7% | 66.7% | $320,000 | |
New American Funding, LLC.
|
Conventional, FHA | 2 | 1.7% | 100% | $140,000 | |
|
A+5.0 ★Texas Ratio: 0.00% |
FHA | 1 | 0.9% | 100% | $205,000 | View |
Newrez LLC
|
Conventional | 1 | 0.9% | 50% | $55,000 | |
loanDepot.com LLC
|
Conventional | 1 | 0.9% | 50% | $205,000 | |
AML Funding LLC dba Absolute Mortgage & Lending
|
Conventional | 1 | 0.9% | 100% | $375,000 | |
|
A+5.0 ★Texas Ratio: 3.05% |
VA | 1 | 0.9% | 100% | $485,000 | View |
|
A+5.0 ★Texas Ratio: 1.69% |
Conventional | 1 | 0.9% | 100% | $275,000 | View |
Homeowners Financial Group, LLC
|
Conventional | 1 | 0.9% | 50% | $385,000 | |
First International Bank & Trust
|
Conventional | 1 | 0.9% | 100% | $285,000 | |
|
A+5.0 ★Texas Ratio: 2.40% |
Conventional | 1 | 0.9% | 100% | $805,000 | View |
Mutual of Omaha Mortgage
|
FHA | 1 | 0.9% | 100% | $105,000 | |
Texana Bank
|
VA | 1 | 0.9% | 100% | $295,000 | |
|
A4.7 ★Texas Ratio: 2.58% |
USDA | 1 | 0.9% | 100% | $165,000 | View |
Figure Lending LLC
|
HELOC | 0 +2 HELOCs |
0% | n/a | ||
HomeBridge Financial Services, Inc
|
HELOC | 0 +2 HELOCs |
0% | n/a | ||
Fourleaf Federal Credit Union
|
HELOC | 0 +1 HELOCs |
0% | n/a | ||
Lendage, LLC dba Achieve Loans
|
HELOC | 0 +1 HELOCs |
0% | n/a |
Spirit Lake 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 Spirit Lake, Iowa
Looking for mortgage lenders near me or mortgage brokers near me in Spirit Lake? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Spirit Lake in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Spirit Lake, IA
Use these to narrow the list above. Each category shows how many Spirit Lake, IA lenders fit and what that kind of lender is usually best for.
Who Lends in Spirit Lake, IA
Independent mortgage companies closed 29.3 percent of home loans in Spirit Lake, Iowa in 2025, banks 69.8 percent and credit unions 0.9 percent. Iowa Bankers Mortgage Corporation was the largest mortgage company, Northwest Bank the largest bank and Greenstate Credit Union the largest credit union. Among lenders headquartered in Iowa, Northwest Bank led with 29 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 Spirit Lake, IA
By home loans closed in 2025, Northwest Bank was the largest mortgage lender in Spirit Lake, Iowa with 29 loans, about 25 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
10 lenders closed FHA loans in Spirit Lake, Iowa in 2025, led by Rocket Mortgage with 3. 7 lenders closed VA loans, led by Mortgage Research Center, and 3 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. 22 banks and 2 credit unions closed home loans in Spirit Lake, Iowa in 2025, alongside 20 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 Spirit Lake, 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 Spirit Lake, 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 Spirit Lake. 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.
