Mortgage lending in Story County
1,680 mortgages were originated in Story 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
- 1,680
- Median rate
- 6.500%
- Median lender fees
- $2,608
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
- $195,000
- Above the going rate (spread over APOR)
- 0.134
- Paid discount points
- 16.4%
- Received lender credits
- 23%
- Purchases / refinances
- 58.6% / 23.5%
- Conventional / FHA / VA
- 89% / 5.4% / 4.8%
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 62.6% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $541,287
- Median home price
- $266,000
- That home, 20% down
- $212,800
A median-priced home with 20% down leaves $619,950 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 Story County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Greater Iowa Credit Union | 126 | $1,894 | 6.250% |
| Iowa Bankers Mortgage Corporation | 118 | $2,306 | 6.375% |
| GREENSTATE Credit Union | 96 | $1,929 | 6.625% |
| Veridian Credit Union | 85 | — | 6.490% |
| Community Choice Credit Union | 74 | — | 6.125% |
| Guild Mortgage Company | 73 | $3,219 | 6.625% |
| Northwest Bank | 63 | — | 6.250% |
| Bankers Trust Company | 59 | $2,158 | 5.875% |
| First National Bank, Ames, Iowa | 58 | — | — |
| American Pacific Mortgage Corporation | 57 | — | 6.625% |
What lenders charged here
Lender fees on a $195,000 loan, based on what was actually charged in Story County — not a rule of thumb.
From 1,052 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