IOWA BANKERS MORTGAGE CORPORATION closing costs and rates (2024)
In 2024, IOWA BANKERS MORTGAGE CORPORATION originated 2,004 purchase mortgages at a median interest rate of 6.38% and median total closing costs of $2,570. That ranks #224 nationally by origination volume. For total closing costs among lenders with 500+ originations, IOWA BANKERS MORTGAGE CORPORATION ranks #27. That is $4,171 below the national median of $6,741. IOWA BANKERS MORTGAGE CORPORATION is most active in Iowa with 1,756 originations there.
Purchase Originations
2,004
Ranked #224 nationally
Median Total Costs
$2,570
−61.9% vs national ($6,741)
Median Rate
6.375%
−3.7% vs national (6.620%)
Median Origination
$1,000
Median Lender Credits
$92
Cost Rank (500+ vol.)
#27
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,794 | 6.375% | $2,512 | $1,000 |
| usda | 101 | 6.500% | $3,847 | $986 |
| fha | 58 | 6.750% | $5,885 | $1,964 |
| va | 51 | 6.375% | $2,700 | $0 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,986 | 6.375% | — | 81 | −$584 | |
| 2 | $2,073 | 6.625% | — | 77 | −$497 | |
| 3 | $2,142 | 6.438% | — | 26 | −$428 | |
| 4 | $2,306 | 6.375% | — | 85 | −$264 | |
| 5 | $2,308 | 6.375% | — | 65 | −$262 | |
| 6 | $2,322 | 6.375% | — | 227 | −$248 | |
| 7 | $2,348 | 6.375% | — | 19 | −$222 | |
| 8 | $2,359 | 6.500% | — | 129 | −$211 | |
| 9 | $2,364 | 6.250% | — | 39 | −$206 | |
| 10 | $2,407 | 6.500% | — | 51 | −$163 | |
| 11 | $2,535 | 6.375% | — | 34 | −$35 | |
| 12 | $2,559 | 6.375% | — | 31 | −$11 | |
| 13 | $2,578 | 6.438% | — | 24 | +$8 | |
| 14 | $2,691 | 6.250% | — | 26 | +$121 | |
| 15 | $2,818 | 6.438% | — | 22 | +$248 | |
| 16 | $2,851 | 6.625% | — | 52 | +$281 | |
| 17 | $2,853 | 6.500% | — | 23 | +$283 | |
| 18 | $3,026 | 6.438% | — | 50 | +$456 | |
| 19 | $4,094 | 6.438% | — | 98 | +$1,524 | |
| 20 | $4,233 | 6.375% | — | 27 | +$1,663 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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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.