Mortgage Lenders and Brokers in Waverly, 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
Waverly, Iowa mortgage lenders include Farmers State BankFarmers State Bank2101 4th St Sw, Waverly, IA 50677A+5.0 ★Texas Ratio: 0.10%, First BankFirst Bank1922 5th Ave Nw, Waverly, IA 50677A+5.0 ★Texas Ratio: 3.43%, Fidelity Bank & TrustFidelity Bank & Trust124 1st St Se, Waverly, IA 50677A5.0 ★Texas Ratio: 12.05%, CUSB BankCUSB Bank933 16th St Sw, Waverly, IA 50677A+5.0 ★Texas Ratio: 4.72%, Denver Savings BankDenver Savings Bank1810 4th Street Sw, Waverly, IA 50677A+5.0 ★Texas Ratio: 0.67%, Veridian Credit UnionVeridian Credit Union315 Oak Ridge Cir, Waverly, IA 50677 4371A+5.0 ★Texas Ratio: 4.74%, Greenstate Credit UnionGreenstate Credit Union104 8th St SE, Altoona, IA 50009A5.0 ★Texas Ratio: 10.18%, Cedar Falls Community Credit UnionCedar Falls Community Credit Union2000 Heritage Way, Waverly, IA 50677A+5.0 ★Texas Ratio: 3.82%, Dupaco Community Credit UnionDupaco Community Credit Union5865 Saratoga Rd, Asbury, IA 52002A+5.0 ★Texas Ratio: 3.87%, and Northeast Security BankNortheast Security Bank106 E Main St, Decorah, IA 52101A+5.0 ★Texas Ratio: 0.00%. 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 Waverly, Iowa in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Waverly 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 Waverly, Iowa
Market share is the lender's share of all home loans closed in Waverly, 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 Waverly 2101 4th St Sw, Waverly, IA 50677 A+5.0 ★Texas Ratio: 0.10% |
Conventional | 24 | 9.2% | 89.7% | $217,083 | View |
|
2 offices in Waverly 1922 5th Ave Nw, Waverly, IA 50677 A+5.0 ★Texas Ratio: 3.43% |
Conventional | 20 | 7.6% | 95.5% | $166,000 | View |
|
1 office in Waverly 124 1st St Se, Waverly, IA 50677 A5.0 ★Texas Ratio: 12.05% |
Conventional | 10 | 3.8% | 100% | $129,000 | View |
|
1 office in Waverly 933 16th St Sw, Waverly, IA 50677 A+5.0 ★Texas Ratio: 4.72% |
Conventional | 6 | 2.3% | 85.7% | $158,333 | View |
|
1 office in Waverly 1810 4th Street Sw, Waverly, IA 50677 A+5.0 ★Texas Ratio: 0.67% |
Conventional | 3 | 1.1% | 100% | $351,666 | View |
|
315 Oak Ridge Cir, Waverly, IA 50677 4371 A+5.0 ★Texas Ratio: 4.74% |
Conventional, VA, HELOC | 96 +38 HELOCs |
36.6% | 97% | $153,541 | View |
|
104 8th St SE, Altoona, IA 50009 A5.0 ★Texas Ratio: 10.18% |
Conventional, FHA, VA, HELOC | 28 +4 HELOCs |
10.7% | 96.7% | $220,714 | View |
|
2000 Heritage Way, Waverly, IA 50677 A+5.0 ★Texas Ratio: 3.82% |
Conventional | 9 | 3.4% | 100% | $113,888 | View |
|
5865 Saratoga Rd, Asbury, IA 52002 A+5.0 ★Texas Ratio: 3.87% |
Conventional, HELOC | 4 +3 HELOCs |
1.5% | 80% | $95,000 | View |
|
106 E Main St, Decorah, IA 52101 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 3 | 1.1% | 100% | $91,666 | View |
|
16390 Holcomb Ct, Clive, IA 50325 A+5.0 ★Texas Ratio: 1.00% |
Conventional | 2 | 0.8% | 100% | $440,000 | View |
|
6804 University Ave, Cedar Falls, IA 50613 A5.0 ★Texas Ratio: 6.18% |
Conventional | 2 | 0.8% | 66.7% | $80,000 | View |
|
116 Third Avenue South, Mount Vernon, IA 52314 A+5.0 ★Texas Ratio: 1.29% |
Conventional | 1 | 0.4% | 100% | $25,000 | View |
|
640 Lincoln Way, Ames, IA 50010 A5.0 ★Texas Ratio: 9.76% |
Conventional | 1 | 0.4% | 100% | $265,000 | View |
|
2709 Northridge Pkwy, Ames, IA 50010 A5.0 ★Texas Ratio: 11.68% |
Conventional | 1 | 0.4% | 100% | $85,000 | View |
|
419 Sherman Ave, Ackley, IA 50601 A+5.0 ★Texas Ratio: 0.33% |
Conventional | 1 | 0.4% | 100% | $85,000 | View |
|
5908 Winterberry Dr, Cedar Falls, IA 50613 B4.6 ★Texas Ratio: 20.10% |
HELOC | 0 +1 HELOCs |
0% | 0% | View | |
Iowa Bankers Mortgage Corporation
|
Conventional | 7 | 2.7% | 87.5% | $250,714 | |
|
A+5.0 ★Texas Ratio: 1.69% |
Conventional | 9 | 3.4% | 100% | $303,888 | View |
Rocket Mortgage
|
Conventional, FHA | 5 | 1.9% | 100% | $231,000 | |
Guild Mortgage Company
|
Conventional, FHA, VA | 3 | 1.1% | 100% | $125,000 | |
Waterstone Mortgage Corporation
|
Conventional, FHA | 3 | 1.1% | 100% | $148,333 | |
United Wholesale Mortgage
|
Conventional, VA | 2 | 0.8% | 100% | $380,000 | |
Pennymac Loan Services LLC
|
Conventional | 2 | 0.8% | 100% | $35,000 | |
Cmg Mortgage Inc
|
FHA, USDA | 2 | 0.8% | 100% | $45,000 | |
Cardinal Financial Company, Li
|
Conventional, FHA | 2 | 0.8% | 100% | $80,000 | |
Nationstar Mortgage
|
Conventional | 2 | 0.8% | 100% | $105,000 | |
Mortgage Research Center
|
VA | 2 | 0.8% | 100% | $340,000 | |
|
A+5.0 ★Texas Ratio: 5.75% |
Conventional, HELOC | 1 +4 HELOCs |
0.4% | 100% | $245,000 | |
Primelending
|
Conventional | 1 | 0.4% | 100% | $435,000 | |
Loanunited.Com, LLC
|
FHA | 1 | 0.4% | 100% | $115,000 | |
|
A5.0 ★Texas Ratio: 13.85% |
USDA | 1 | 0.4% | 100% | $215,000 | View |
loanDepot.com LLC
|
Conventional | 1 | 0.4% | 100% | $55,000 | |
Sierra Pacific Mortgage Co. Inc
|
FHA | 1 | 0.4% | 100% | $165,000 | |
American Pacific Mortgage Corporation
|
USDA | 1 | 0.4% | 100% | $145,000 | |
|
A+5.0 ★Texas Ratio: 4.99% |
Conventional | 1 | 0.4% | 100% | $135,000 | View |
|
A+5.0 ★Texas Ratio: 3.12% |
VA | 1 | 0.4% | 100% | $355,000 | View |
|
A5.0 ★Texas Ratio: 7.37% |
Conventional | 1 | 0.4% | 100% | $245,000 | View |
Navy Federal Credit Union
|
VA | 1 | 0.4% | 100% | $125,000 | |
Gershman Investment Corp.
|
VA | 1 | 0.4% | 100% | $285,000 | |
Lendage, LLC dba Achieve Loans
|
HELOC | 0 +1 HELOCs |
0% | n/a |
Waverly 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 Waverly, Iowa
Looking for mortgage lenders near me or mortgage brokers near me in Waverly? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Waverly in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Waverly, IA
Use these to narrow the list above. Each category shows how many Waverly, IA lenders fit and what that kind of lender is usually best for.
Who Lends in Waverly, IA
Independent mortgage companies closed 12.6 percent of home loans in Waverly, Iowa in 2025, banks 34.4 percent and credit unions 53.1 percent. Iowa Bankers Mortgage Corporation was the largest mortgage company, Farmers State Bank the largest bank and Veridian Credit Union the largest credit union. Among lenders headquartered in Iowa, Farmers State Bank led with 24 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 Waverly, IA
By home loans closed in 2025, Farmers State Bank was the largest mortgage lender in Waverly, Iowa with 24 loans, about 9.2 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Waverly, Iowa, Veridian Credit Union approved the highest share of completed applications in 2025 at 97 percent, against a 95.2 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.
8 lenders closed FHA loans in Waverly, Iowa in 2025, led by Greenstate Credit Union with 1. 8 lenders closed VA loans, led by Veridian Credit Union, 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. 18 banks and 7 credit unions closed home loans in Waverly, Iowa in 2025, alongside 16 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 Waverly, 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 Waverly, 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 Waverly. 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.
