Mortgage lending in Polk County
13,859 mortgages were originated in Polk County, Iowa, in 2025.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 13,859
- Median rate
- 6.500%
- Median lender fees
- $2,511
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $185,000
- Above the going rate (spread over APOR)
- 0.135
- Paid discount points
- 19.3%
- Received lender credits
- 21.1%
- Purchases / refinances
- 55.1% / 23.3%
- Conventional / FHA / VA
- 85.8% / 8.7% / 5.2%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 67.4% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $541,287
- Median home price
- $358,000
- That home, 20% down
- $286,400
A median-priced home with 20% down leaves $546,350 of room under the conforming limit, so the ceiling rarely binds on an ordinary purchase.
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Median price is HUD's figure for the 2026 limit calculation, not a live market quote.
Who lent here
Lenders with at least 50 loans in Polk County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| GREENSTATE Credit Union | 1,906 | $1,764 | 6.490% |
| Veridian Credit Union | 1,683 | $1,850 | 6.500% |
| Community Choice Credit Union | 1,020 | $2,332 | 6.125% |
| Rocket Mortgage, LLC | 455 | $4,392 | 6.625% |
| Northwest Bank | 365 | $2,487 | 6.375% |
| Bankers Trust Company | 338 | $2,100 | 6.125% |
| Broker Solutions, Inc. | 322 | $4,091 | 6.750% |
| U.S. Bank National Association | 312 | $2,625 | 7.250% |
| United Shore Financial Services, LLC | 307 | $5,467 | 6.125% |
| Premier Credit Union | 272 | $4,373 | 7.000% |
What lenders charged here
Lender fees on a $185,000 loan, based on what was actually charged in Polk County — not a rule of thumb.
From 9,336 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, taxes and the escrow deposit your lender collects up front for future tax and insurance bills are extra and not in these figures. Compare two offers