1-4 Unit Investor · IA

1-4 Unit Investor lenders in Iowa

348 lenders made at least one 1-4 unit investor or business-purpose loan in Iowa in 2025. Hills Bank and Trust Company made the most, with 411 of the 5,883 on record.

Evidence
Lender made at least one 1-4 unit investor or business-purpose loan in Iowa in 2025 (HMDA)
Data as of
HMDA 2025
Page last changed
November 11, 2026
Lenders on record
348
HMDA,
Investor loans, 2025
5,883
HMDA,
1-4 units or business purpose
Based in the state
121
HMDA,

Cite this

Source: The Lender Report, 1-4 Unit Investor lenders in Iowa, https://lender.report/investor-1-4-lenders/iowa/, data as of December 31, 2025.

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Iowa 1-4 unit investor lenders, by loans made in the state in 2025. First 25 of 348.
LenderKindBased inLoans in stateLoans nationwideTypical loan
Hills Bank and Trust Company 1-4 unit investor recordBankHills, IA411412$155K
Greenstate Credit Union 1-4 unit investor recordCredit unionNorth Liberty, IA283572$155K
Veridian Credit Union 1-4 unit investor recordCredit unionWaterloo, IA202310$115K
Availa Bank 1-4 unit investor recordBankCarroll, IA196228$85.0K
Bank Iowa 1-4 unit investor recordBankWest Des Moines, IA149157$105K
BankIowa 1-4 unit investor recordBankCedar Rapids, IA116117$85.0K
Central Bank 1-4 unit investor recordBankStorm Lake, IA115149$165K
Northwest Bank 1-4 unit investor recordBankSpencer, IA107159$145K
Fidelity Bank & Trust 1-4 unit investor recordBankDubuque, IA103109$105K
First State Bank 1-4 unit investor recordBankLynnville, IA9999$75.0K
CBI Bank & Trust 1-4 unit investor recordBankMuscatine, IA98182$95.0K
Community Choice Credit Union 1-4 unit investor recordCredit unionJohnston, IA9696$155K
Blue Grass Savings Bank 1-4 unit investor recordBankBlue Grass, IA82109$85.0K
Glenwood State Bank 1-4 unit investor recordBankGlenwood, IA8192$125K
Primebank 1-4 unit investor recordBankLe Mars, IA8195$125K
Raccoon Valley Bank 1-4 unit investor recordBankPerry, IA8181$135K
Dupaco Community Credit Union 1-4 unit investor recordCredit unionDubuque, IA79158$135K
Washington State Bank 1-4 unit investor recordBankWashington, IA7273$105K
United Bank of Iowa 1-4 unit investor recordBankIda Grove, IA6669$95.0K
Community State Bank 1-4 unit investor recordBankAnkeny, IA6565$225K
First Central State Bank 1-4 unit investor recordBankDewitt, IA6579$85.0K
Ascentra Credit Union 1-4 unit investor recordCredit unionBettendorf, IA6387$95.0K
First Bank 1-4 unit investor recordBankWaverly, IA6365$125K
Luana Savings Bank 1-4 unit investor recordBankLuana, IA6263$155K
Peoples Bank 1-4 unit investor recordBankRock Valley, IA6274$125K
HMDA,

See all 348 1-4 unit investor lenders in Iowa in Loan Comps

  • Lenders made 5,883 1-4 unit investor or business-purpose loans in Iowa in 2025. HMDA,
  • The five most active lenders made 21.1% of them. HMDA,
  • Non-banks made 12.6% of these loans in Iowa. HMDA,
  • 125 lenders made 10 or more of these loans in Iowa in 2025. HMDA,
  • 121 of these lenders are based in Iowa, and the rest lend in from other states. HMDA,
  • Hills Bank and Trust Company made 411 loans here, and Greenstate Credit Union made 283. HMDA,
  • These lenders: 188 banks, 11 savings institutions, 36 credit unions and 113 non-bank lenders. HMDA,
  • Among these lenders, the median 1-4 unit investor loan nationally is $165K. HMDA,

How this list is defined

Measure
1-4 unit investor loans made in Iowa
Period
2025
Formula
Count, by lender, of HMDA records for 1-4 unit loans that are non-owner-occupied or business purpose, placed in Iowa in 2025. A lender is listed if it made at least one.
Order
Largest first by loans made in 2025, then name. Payment is not part of the order.
As of
2025
Source
HMDA
Changelog
  • : First published, with the data built on this date.

These are rental homes of up to four units, financed by the investor and not the person living there, including business-purpose loans.

HMDA reports these loans by lender and state, without dollars by state. It cannot tell a DSCR loan from a full-documentation investor loan.

Each lender is counted only where the public file places the loan. Lenders that merged or stopped filing are left out.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.