Mortgage lending in Waterloo-Cedar Falls, IA
4,959 mortgages were originated in the Waterloo-Cedar Falls, IA area in 2025, and here is what they cost.
30-year fixed, this week
6.58%
Freddie Mac’s survey average for the week of July 23, 2026 — a year earlier it was 6.75%, and the past year ranged 5.98–6.72%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 4,959
- Median rate
- 6.500%
- Median lender fees
- $1,900
- Median loan amount
- $105,000
- Median spread over APOR
- 0.117
- Paid discount points
- 8.4%
- Received lender credits
- 22.2%
- Purchases / refinances
- 51.4% / 25.7%
- Conventional / FHA / VA
- 94.1% / 2.8% / 2.9%
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 61.6% of loans here — see methodology.
Who lent here
Lenders with at least 50 loans in the Waterloo-Cedar Falls, IA area, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| VERIDIAN CREDIT UNION | 1,845 | $1,874 | 6.490% |
| GREENSTATE Credit Union | 1,006 | $1,834 | 6.625% |
| Farmers State Bank | 224 | $1,995 | 6.875% |
| CEDAR FALLS COMMUNITY CREDIT UNION | 192 | $229 | 6.150% |
| DUPACO COMMUNITY | 137 | — | 7.000% |
| Empeople Credit Union | 119 | $2,430 | 6.490% |
| BankIowa of Cedar Rapids | 108 | — | — |
| First Bank | 98 | — | — |
| Rocket Mortgage, LLC | 84 | $5,810 | 6.500% |
| Fidelity Bank & Trust | 66 | — | — |