Compare Mortgage Rates

  • Refinance
  • Home Purchase
  • Home Equity
  • Debt Consolidation

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Include 1st & 2nd mortgages plus any equity loans or credit lines
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Iowa Mortgages at a glance

Average 25th Percentile 50th Percentile 75th Percentile
Loan Amount $148,111 $102,500 $127,500 $182,500
Property Values $190,400 $117,500 $162,500 $225,000
Average LTV 81.0%
Percent Refinance 73.0%
Pct of Refis Cashout 12.8%

Iowa Mortgage Rates

You may have many questions as you prepare to make the right choices on your mortgage loan financing. Do you wonder where you can find Iowa's best rate, where you can locate Iowa lenders, what interest-only means, or how a rate can be fixed for a limited time? These are all valid questions, and you can find trustworthy answers at Mortgageloan.com. If you're the research type, browse article titles, or look up those mysterious terms in the glossary. If you prefer to be more hands-on, go straight to the mortgage calculators and start crunching numbers. Use the posted interest rates to estimate how much loan you can afford. You can also request personalized quotes to compare, or you can contact lenders directly for more precise mortgage loan information. Please see the Iowa broker directory for a list of qualified local lenders who can help.

Ditech.com

4.180%APR

Rates as of: 7/21/2014 30 Yr. Fixed
  • Find a mortgage right for you.
  • Enjoy a convenient loan process
  • Low rates. Learn more now.
Show Phone number

Call Now: 855-389-4978

Rate APR Term Point Payment
  • 4.125%
  • 4.180%
  • 30 Yr. Fixed
  • 0.000%
  • $994

Amerisave

4.202%APR

Rates as of: 7/21/2014 30 Yr. Fixed
  • Direct Mortgage Lender
  • Billions Funded
  • Apply Online. Quick approvals.
Show Phone number

Call Now: 866-814-2162

Rate APR Term Point Payment
  • 4.000%
  • 4.125%
  • 4.250%
  • 4.202%
  • 4.242%
  • 4.283%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 2.000%
  • 1.000%
  • 0.000%
  • $979
  • $994
  • $1,008

Quicken Loans

4.207%APR

Rates as of: 7/22/2014 30 Yr. Fixed
  • We close our loans FAST - many in 30 days or less!
  • Rates are still historically low! Lock in a low rate and payment today.
  • Why pay more for your home than you have to? Check out rates now.
Show Phone number

Call Now: 800-695-1899

Rate APR Term Point Payment
  • 3.990%
  • 4.125%
  • 4.125%
  • 4.250%
  • 4.375%
  • 4.375%
  • 4.375%
  • 4.207%
  • 4.344%
  • 4.290%
  • 4.394%
  • 4.604%
  • 4.471%
  • 4.466%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 1.750%
  • 1.750%
  • 1.125%
  • 0.875%
  • 0.000%
  • 0.000%
  • 0.000%
  • $978
  • $994
  • $994
  • $1,008
  • $1,024
  • $1,024
  • $1,024

Capital One

4.242%APR

Rates as of: 7/21/2014 30 Yr. Fixed
  • Saving just makes sense. Get $1000 Off Closing Costs.
  • Get a customized quote in minutes.
  • Free 60-day rate lock and no application fee
Show Phone number

Call Now: 855-238-8771

Rate APR Term Point Payment
  • 4.125%
  • 4.125%
  • 4.375%
  • 4.327%
  • 4.242%
  • 4.408%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 2.000%
  • 1.000%
  • 0.000%
  • $994
  • $994
  • $1,024

LoanDepot, LLC

3.893%APR

Rates as of: 7/21/2014 30 Yr. Fixed
  • DIRECT LENDER. We can approve and fund loans in less than 30 days.
  • Get a free and no obligation rate quote in Iowa.
  • These rates won't last. Call now and lock-in your low rate!
Show Phone number

Call Now: 877-789-3376

Rate APR Term Point Payment
  • 4.000%
  • 3.875%
  • 3.750%
  • 3.979%
  • 3.947%
  • 3.893%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • -0.500%
  • 0.000%
  • 1.000%
  • $979
  • $964
  • $949

Discover

4.115%APR

Rates as of: 7/21/2014 30 Yr. Fixed
  • Competitive rates and no hidden fees
  • One dedicated mortgage banker from first call to closing
  • Simple, straightforward process
Show Phone number

Call Now: 855-882-9568

Rate APR Term Point Payment
  • 3.875%
  • 3.990%
  • 4.000%
  • 4.125%
  • 4.250%
  • 4.375%
  • 4.115%
  • 4.178%
  • 4.166%
  • 4.207%
  • 4.259%
  • 4.363%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 2.000%
  • 1.375%
  • 1.125%
  • 0.125%
  • -0.750%
  • -1.000%
  • $964
  • $978
  • $979
  • $994
  • $1,008
  • $1,024
See more rates

The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes. More Info.. These quotes are from banks, thrifts and brokers who have paid for a link to their website in the listings above and you can find additional information about their loan programs on their websites.

Iowa Rate Map

This Rate Map for the state of Iowa shows the rates that individual borrowers were able to obtain on refinanced and home purchase mortgages. Each balloon represents a single mortgage – click on them to see what kind of rates borrowers are getting in your area.

Use the options in the column at left to sort your choices by location and credit score. Individual balloons also feature information on loan size, loan-to-value ratio, loan type, lender and more.

If you recently obtained or refinanced a mortgage and would like to anonymously share information about the terms you were able to get, just click on “Share Your Rate” above the map. Your fellow borrowers will thank you!

NOTE: MortgageLoan.com cannot guarantee the accuracy of the data provided as it is submitted by our visitors.

Mortgage Rates

In Iowa, mortgage interest rates depend on several factors. The current economic trends dictate where rates are, generally speaking, but your qualifications and the circumstances surrounding your loan are also influential. For example, if you're perceived as a relatively risky borrower, your rate will be higher. The same will hold true if you're requesting a non-conforming mortgage. (Non-conforming mortgages are loans that don't meet the standards of Fannie Mae and Freddie Mac, the two main entities that support mortgages in the U.S.) These standards address the total loan amount, the total requested mortgage amount relative to the home's value, and the applicant's debt and income profile.

Bad Credit

Despite previous credit problems, you can obtain a mortgage in Iowa. Realistically though, finding that bad credit mortgage loan may take extra research. There might be some subprime lenders that don't have your best interests in mind. But that's alright, because you have access to the information you need to protect yourself. First, make sure you shop around. Second, review all loan quotes very carefully, particularly the terms for adjustable-rate mortgages (ARMs). You need to be entirely comfortable with the prospect of rate and payment increases over time. It isn't a good idea to assume that you can refinance a mortgage just before the payment goes up; the climate for refinancing is heavily influenced by economic cycles, which are tough to predict.

Comparing Mortgages

Finding a low rate mortgage in the Hawkeye State is a realistic goal, whether you're buying farm property or refinancing your homey condo. You can start shopping by requesting personalized quotes from several lenders. These, unfortunately, are just estimates. To get full written quotes with temporary rate locks, you will need to submit loan applications. It's tedious work, but worth the effort. You can find qualified lenders to contact in the Iowa broker directory. Once you start receiving your quotes, set time aside to compare them using a mortgage calculator. Mortgageloan.com has calculators that can run a variety of scenarios to help you choose the best mortgage loan.