Mortgage Lenders and Brokers in Wellman, 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
Wellman, Iowa mortgage lenders include Hills Bank and Trust CompanyHills Bank and Trust Company229 8th Ave, Wellman, IA 52356A+5.0 ★Texas Ratio: 2.40%, Federation BankFederation Bank801 6th Street, Wellman, IA 52356A+5.0 ★Texas Ratio: 1.14%, Greenstate Credit UnionGreenstate Credit Union104 8th St SE, Altoona, IA 50009A5.0 ★Texas Ratio: 10.18%, Washington State BankWashington State Bank134 Main St, Columbus Junction, IA 52738A+5.0 ★Texas Ratio: 5.66%, CBI Bank & TrustCBI Bank & Trust3401 53rd Ave, Bettendorf, IA 52722A+5.0 ★Texas Ratio: 5.41%, US Bank, N.A.US Bank, N.A.111 8th St Se, Altoona, IA 50009A+5.0 ★Texas Ratio: 2.85%, Dupaco Community Credit UnionDupaco Community Credit Union5865 Saratoga Rd, Asbury, IA 52002A+5.0 ★Texas Ratio: 3.87%, Residential Mortgage Network, Inc.Residential Mortgage Network, Inc.Iowa City, IA, Iowa Bankers Mortgage CorporationIowa Bankers Mortgage CorporationJohnston, IA, and Midwestone BankMidwestone BankIowa City, IA. 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 Wellman, Iowa in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Wellman 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 Wellman, Iowa
Market share is the lender's share of all home loans closed in Wellman, 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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1 office in Wellman 229 8th Ave, Wellman, IA 52356 A+5.0 ★Texas Ratio: 2.40% |
Conventional, HELOC | 29 +22 HELOCs |
34.1% | 96.8% | $224,655 | View |
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1 office in Wellman 801 6th Street, Wellman, IA 52356 A+5.0 ★Texas Ratio: 1.14% |
Conventional | 3 | 3.5% | 100% | $105,000 | View |
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104 8th St SE, Altoona, IA 50009 A5.0 ★Texas Ratio: 10.18% |
Conventional, FHA, HELOC | 17 +16 HELOCs |
20% | 95% | $177,352 | View |
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134 Main St, Columbus Junction, IA 52738 A+5.0 ★Texas Ratio: 5.66% |
Conventional | 11 | 12.9% | 91.7% | $147,727 | View |
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3401 53rd Ave, Bettendorf, IA 52722 A+5.0 ★Texas Ratio: 5.41% |
Conventional, HELOC | 1 +3 HELOCs |
1.2% | 100% | $265,000 | View |
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111 8th St Se, Altoona, IA 50009 A+5.0 ★Texas Ratio: 2.85% |
Conventional | 1 | 1.2% | 100% | $65,000 | View |
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5865 Saratoga Rd, Asbury, IA 52002 A+5.0 ★Texas Ratio: 3.87% |
Conventional | 1 | 1.2% | 50% | $405,000 | View |
Residential Mortgage Network, Inc.
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Conventional, FHA, VA, USDA | 7 | 8.2% | 100% | $297,857 | |
Iowa Bankers Mortgage Corporation
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FHA | 1 | 1.2% | 50% | $75,000 | |
Midwestone Bank
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
Rocket Mortgage
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Conventional, FHA, VA | 5 | 5.9% | 71.4% | $121,000 | |
United Wholesale Mortgage
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Conventional, FHA | 2 | 2.4% | 66.7% | $195,000 | |
Amerisave Mortgage Company
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Conventional | 2 | 2.4% | 40% | $75,000 | |
Movement Mortgage, LLC
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FHA | 1 | 1.2% | 50% | $115,000 | |
Guild Mortgage Company
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VA | 1 | 1.2% | 100% | $145,000 | |
Churchill Mortgage Corporation
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Conventional | 1 | 1.2% | 100% | $115,000 | |
Mortgage Research Center
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VA | 1 | 1.2% | 50% | $205,000 | |
Mld Mortgage, Inc.Dba the Money Store
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USDA | 1 | 1.2% | 100% | $95,000 | |
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Wellman 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 Wellman, Iowa
Looking for mortgage lenders near me or mortgage brokers near me in Wellman? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Wellman in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Wellman, IA
Use these to narrow the list above. Each category shows how many Wellman, IA lenders fit and what that kind of lender is usually best for.
Who Lends in Wellman, IA
Independent mortgage companies closed 25.9 percent of home loans in Wellman, Iowa in 2025, banks 52.9 percent and credit unions 21.2 percent. Residential Mortgage Network, Inc. was the largest mortgage company, Hills Bank and Trust Company the largest bank and Greenstate Credit Union the largest credit union. Among lenders headquartered in Iowa, Hills Bank and Trust Company 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 Wellman, IA
By home loans closed in 2025, Hills Bank and Trust Company was the largest mortgage lender in Wellman, Iowa with 29 loans, about 34.1 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
6 lenders closed FHA loans in Wellman, Iowa in 2025, led by Greenstate Credit Union with 1. 4 lenders closed VA loans, led by Residential Mortgage Network, Inc., 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. 7 banks and 2 credit unions closed home loans in Wellman, Iowa in 2025, alongside 10 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 Wellman, 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 Wellman, 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 Wellman. 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.
