Mortgage lender closing cost rankings in Iowa (2024)
In Iowa, homebuyers paid a median of $2,784 in total closing costs on purchase mortgages in 2024, which is below the national median of $6,741. The median interest rate was 6.50% across 27,942 purchase originations. The most active lender was GREENSTATE Credit Union with 3,815 originations. The lowest-cost lender (with 50+ loans) was Luana Savings Bank at $1,360.
Median Total Costs
$2,784
−58.7% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$1,050
Purchase Originations
27,942
By loan type
| Loan type | Volume | Median Rate | Median Total Costs |
|---|---|---|---|
| conventional | 21,201 | 6.500% | $2,426 |
| fha | 3,855 | 6.625% | $7,345 |
| va | 2,304 | 6.250% | $4,840 |
| usda | 582 | 6.500% | $4,688 |
Lowest closing cost lenders in Iowa
Ranked by median total loan costs among lenders with 50+ purchase originations in Iowa.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,360 | 6.500% | $0 | 282 | −$1,424 | |
| 2 | $1,459 | 7.250% | $300 | 57 | −$1,325 | |
| 3 | $1,887 | 6.250% | $750 | 1,070 | −$897 | |
| 4 | $1,908 | 6.250% | $725 | 3,815 | −$876 | |
| 5 | $1,921 | 6.250% | $500 | 1,674 | −$863 | |
| 6 | $1,936 | 6.500% | $700 | 163 | −$848 | |
| 7 | $1,943 | 6.375% | $795 | 70 | −$841 | |
| 8 | $2,005 | 6.375% | $500 | 73 | −$779 | |
| 9 | $2,022 | 6.375% | $849 | 172 | −$762 | |
| 10 | $2,057 | 6.125% | $950 | 524 | −$727 | |
| 11 | $2,109 | 6.625% | $675 | 91 | −$675 | |
| 12 | $2,118 | 10.750% | $1,259 | 51 | −$666 | |
| 13 | $2,132 | 6.125% | $625 | 89 | −$652 | |
| 14 | $2,136 | 6.062% | $760 | 108 | −$648 | |
| 15 | $2,198 | 6.375% | $1,050 | 139 | −$586 | |
| 16 | $2,216 | 6.125% | $675 | 145 | −$568 | |
| 17 | $2,244 | 6.250% | $1,285 | 421 | −$540 | |
| 18 | $2,247 | 6.125% | $0 | 120 | −$537 | |
| 19 | $2,284 | 6.500% | $885 | 307 | −$500 | |
| 20 | $2,347 | 6.375% | $960 | 109 | −$437 | |
| 21 | $2,465 | 6.750% | $800 | 264 | −$319 | |
| 22 | $2,503 | 6.375% | $993 | 1,756 | −$281 | |
| 23 | $2,589 | 6.500% | $645 | 250 | −$195 | |
| 24 | $2,590 | 5.990% | $990 | 219 | −$194 | |
| 25 | $2,606 | 6.750% | $1,065 | 93 | −$178 |
Includes lenders with 50+ purchase originations in Iowa. Source: HMDA 2024. Sorted by median total loan costs.
Rankings by county
Polk County
5,667 originations
Linn County
2,527 originations
Scott County
1,813 originations
Dallas County
1,752 originations
Johnson County
1,518 originations
Black Hawk County
1,186 originations
Dubuque County
908 originations
Pottawattamie County
897 originations
Warren County
786 originations
Woodbury County
738 originations
Story County
678 originations
Jasper County
375 originations
Muscatine County
334 originations
Marion County
320 originations
Boone County
317 originations
Webster County
301 originations
Clinton County
284 originations
Des Moines County
283 originations
Wapello County
263 originations
Marshall County
242 originations
Benton County
224 originations
Bremer County
202 originations
Washington County
201 originations
Cedar County
192 originations
Cerro Gordo County
186 originations
Mills County
172 originations
Madison County
157 originations
Mahaska County
155 originations
Poweshiek County
147 originations
Buchanan County
144 originations
Jones County
141 originations
Clay County
140 originations
Lee County
140 originations
Harrison County
139 originations
Page County
136 originations
Plymouth County
134 originations
Sioux County
132 originations
Buena Vista County
130 originations
Fayette County
129 originations
Dickinson County
129 originations
Butler County
117 originations
Iowa County
117 originations
Delaware County
111 originations
Jackson County
102 originations
See Iowa closing cost details, fee benchmarks, and county comparisons → Iowa Closing Costs Guide
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.