What loan types does Bank Iowa offer?

Bank Iowa offers the following mortgage loan types: Conventional, usda. Each product has its own pricing score and performance metrics.

Where does Bank Iowa offer mortgages?

Bank Iowa offers mortgages in 10 states: AZ, CA, FL, IA, IL, IN, MO, NE, NV, TX.

How competitive are Bank Iowa's mortgage rates?

Bank Iowa has an overall pricing score of 58.9/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Bank Iowa?

Bank Iowa is a Bank headquartered in West Des Moines, IA.

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Bank Iowa

Bank•West Des Moines, IAHQ•Direct•Reviews near you on Google

Bank Iowa has 252 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Sound

3/5

vs. all lenders

Pull-through

Strong

4/5

closing strength

Product

Strong

4/5

Conventional · USDA

Place

Strong

4/5

Multi-Region · 1 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Summary

What They Do Well

Strong pull through performance

Explore another lender or local market

Report Card

Bank Iowa performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Sound

+13.3 bps above market avg

3/5

Pull Through

Closing strength

Strong

Top 40% of lenders

4/5

By Loan Product· Specialization by type

Conventional

222 loans · 0.12% above market

Sound

Top 60% of lenders

3/5

USDA

22 loans · 0.36% above market

Strong

Top 40% of lenders

4/5

By Loan Purpose· Transaction purpose mix

Purchase

203 loans · 0.15% above market

Sound

Top 60% of lenders

3/5

Refinance

49 loans · 0.05% above market

Sound

Top 60% of lenders

3/5

By Location· Geographic coverage

Geographic Reach

Multi-Regional · 2 markets

Strong

Top 40% of lenders

4/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Sound	Strong	Sound	222	88.1%	+0.116%Above	$1,462Fees
USDA Loans	Strong	Strong	—	Strong	22	8.7%	+0.357%Above	$1,569Fees

Conventional

Overall

Sound

Product

Sound

Pricing

Strong

Pull Through

Sound

Volume222

Mix88.1%

Spread

+0.116%Above

Fees

$1,462Fees

USDA Loans

Overall

Strong

Product

Strong

Pricing—

Pull Through

Strong

Volume22

Mix8.7%

Spread

+0.357%Above

Fees

$1,569Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Sound	Strong	Sound	203	80.6%	+0.155%Above	$1,489Fees
Refinance	Sound	Sound	Sound	Strong	49	19.4%	+0.049%Above	$1,409Fees

Purchase

Overall

Sound

Product

Sound

Pricing

Strong

Pull Through

Sound

Volume203

Mix80.6%

Spread

+0.155%Above

Fees

$1,489Fees

Refinance

Overall

Sound

Product

Sound

Pricing

Sound

Pull Through

Strong

Volume49

Mix19.4%

Spread

+0.049%Above

Fees

$1,409Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

252

Applications

339

Volume

$64 million

Pricing & Closing

Avg Rate Spread

+0.133%

vs. market APOR

Avg Net Fees

$1,473

Origination − Credits

Pullthrough Rate

74.3%

Applications → Closed

Typical Borrower

Avg Loan Amount

$257,659

Avg Borrower Income

$143,091

Avg Property Value

$331,746

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

10Full-year 2024 · HMDA

Loans originated

< 200200+None

Midwest5

IAILINMONE

South2

FLTX

West3

AZCANV

Top Metro Areas by Place Specialization Score

Des Moines, IAMetro

Volume 108Mix 42.86% of portfolio

75/100

Strong

Top States by Place Specialization Score

IowaState

Volume 240Mix 95.24% of portfolio

77/100

Strong

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.

Our Point System (Max 50 Points)

10/ 50 pts

Pricing

How competitively a lender prices vs. the market benchmark (20%).

10/ 50 pts

Product

Performance on your specific loan type (20%).

10/ 50 pts

Pull Through

How reliably a lender closes the loans it starts (20%).

10/ 50 pts

Place

Depth of a lender's expertise in your local market (20%).

10/ 50 pts

Promptness

How quickly a lender answers real quote requests — blended in once they respond (20%).

Champion(80%+ = 40-50 points)

Superstar(60-79% = 30-39 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.