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The Lender Report built this page from public records. Bank Iowa has not reviewed it. Every lender's page starts this way, and it says nothing about Bank Iowa itself. Each figure shows its source and date. Work at Bank Iowa? You can claim this page for free.

Multifamily record

Bank Iowa: multifamily loans made

Bank Iowa, a bank based in West Des Moines, IA, made 64 multifamily loans in 2024 and 2025, $113.8M in all, in 1 state. The typical loan was about $320K, and the largest about $20M. Most were in Mahaska County, IA.

Evidence
Multifamily loans made in 2024 and 2025, HMDA
Data as of
HMDA 2025
Page last changed
November 11, 2026
Multifamily loans
64
HMDA,
2024 and 2025. Manufactured-home parks excluded
Dollars
$114M
HMDA,
Rounded amounts
Typical loan
$320K
HMDA,
Largest loan
$20M
HMDA,
Rounded to 2 significant figures
States
1
HMDA,

Cite this

Source: The Lender Report, Bank Iowa: multifamily loans made, https://lender.report/lender/bank-iowa-ia/multifamily/, data as of December 31, 2025.

Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.

Bank IowaNewest year first
PeriodPlaceLoanAmountRateTermLTVSource
2025Polk County, IARefinance, 50 to 99 units$20M6.35%2.1 yr84%HMDA 2025
2025Polk County, IAPurchase, 150 or more units$15M6.72%5 yr55%HMDA 2025
2025Polk County, IARefinance, 100 to 149 units$11M6.8%2 yr69%HMDA 2025
2025Linn County, IAImprovement, 50 to 99 units$8.2M6.35%5 yr39%HMDA 2025
2025Linn County, IAPurchase, 25 to 49 units$8M7.29%5 yr75%HMDA 2025
2025Polk County, IAPurchase, 5 to 24 units$4.5M6.9%5 yr78%HMDA 2025
2025Black Hawk County, IAImprovement, 50 to 99 units$3.5M6.99%9 yr62%HMDA 2025
2025IowaRefinance, 5 to 24 units$1.1M7.35%25 yr75%HMDA 2025
2025IowaRefinance, 5 to 24 units$980K7.6%20 yr77%HMDA 2025
2025Polk County, IAImprovement, 150 or more units$920K6.75%5 yr55%HMDA 2025
2025Waterloo-Cedar Falls, IARefinance, 5 to 24 units$920K7.33%10 yr67%HMDA 2025
2025Polk County, IAPurchase, 5 to 24 units$900K6.85%5 yr75%HMDA 2025
2025Polk County, IARefinance, 5 to 24 units$780K6.85%5 yr76%HMDA 2025
2025Mahaska County, IARefinance, 5 to 24 units$680K7.25%20 yr68%HMDA 2025
2025Polk County, IAPurchase, 5 to 24 units$460K8%1 yr80%HMDA 2025
2025Wapello County, IAPurchase, 5 to 24 units$440K7.1%15 yr34%HMDA 2025
2025IowaPurchase, 25 to 49 units$380K7.05%20 yr70%HMDA 2025
2025IowaPurchase, 5 to 24 units$320K7.65%20 yr74%HMDA 2025
2025Mahaska County, IAPurchase, 5 to 24 units$320K6.95%20 yr80%HMDA 2025
2025Mahaska County, IAPurchase, 5 to 24 units$300K7.75%0.8 yr72%HMDA 2025
2025Mahaska County, IARefinance, 5 to 24 units$240K6.95%15 yr80%HMDA 2025
2025Jasper County, IAPurchase, 5 to 24 units$200K7.15%20 yr78%HMDA 2025
2025Polk County, IAImprovement, 5 to 24 units$120K6.75%5 yr77%HMDA 2025
2025Waterloo-Cedar Falls, IARefinance, 5 to 24 units$100K7.5%12.5 yr87%HMDA 2025
2025Mahaska County, IAPurchase, 5 to 24 units$95K7%0.8 yr62%HMDA 2025
64 multifamily loans made in 2024 and 2025$114MHMDA 2024 and 2025

A blank means the source did not report it.

Where Bank Iowa's multifamily loans are, most loans first
PlaceAs namedLoansDollars
Mahaska County, IACounty15$2.37M
Polk County, IACounty15$65.4M
IowaState7$3.27M
Jasper County, IACounty5$580K
Crawford County, IACounty4$1.39M
Page County, IACounty4$715K
Boone County, IACounty2$9.20M
Linn County, IACounty2$16.2M
Poweshiek County, IACounty2$185K
Scott County, IACounty2$8.30M
Waterloo-Cedar Falls, IAMetro area2$1.02M
Black Hawk County, IACounty1$3.50M
HMDA,

A county is named only where the public file holds 5 or more multifamily loans there in the year; otherwise the metro area or the state is.

Bank Iowa: multifamily loans by size
Loan sizeLoansDollars
Under $1M50$15.7M
$1M to $2.5M2$2.20M
$2.5M to $5M4$14.6M
$5M to $10M5$35.3M
$10M or more3$46.0M
HMDA,
Bank Iowa: multifamily loans by year
YearLoansDollarsTypical loan
202433$34.1M$260K
202531$79.7M$440K
HMDA,
What the loans were for
PurposeLoans
Purchase29
Refinance21
Improvement14
HMDA,
Size of the property
UnitsLoans
5 to 24 units50
25 to 49 units2
50 to 99 units7
100 to 149 units1
150 or more units4
HMDA,
  • Bank Iowa made 64 multifamily loans totaling $113.8M in 2024 and 2025, in 15 named places across 1 state. HMDA,
  • It made 31 of them in 2025 and 33 in 2024. HMDA,
  • The typical loan was about $320K, with the middle half between $85K and $980K. HMDA,
  • The largest was about $20M. Every amount is rounded to 2 significant figures. HMDA,
  • 50 loans were under $1M, and 8 were $5M or more. HMDA,
  • It reported a median rate of 7.25% on 64 loans, with the middle half between 6.95% and 7.55%. HMDA,
  • The median term was 5 years. HMDA,
  • The median loan to value was 67%. HMDA,
  • 33% of the loans were refinancings and 45% were purchases. HMDA,
  • The most common property size was 5 to 24 units, with 50 loans. HMDA,
  • Its loans were most often in Mahaska County, IA (15), Polk County, IA (15) and Jasper County, IA (5). HMDA,

What we don't know

  • Whether Bank Iowa is taking new multifamily loans today.
  • Its minimum or maximum loan, its fees and its other terms. HMDA reports the rate, term and loan to value, and this page shows what it reports.
  • Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.

Place is a county only where the public file holds 5 or more multifamily loans of that year there, otherwise the metro area or the state. Amounts are rounded to 2 significant figures and HMDA has a year, never a date.

HMDA covers dwelling-secured loans. Manufactured-home parks are left out of every count.

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.