--- title: Multifamily Lenders in Cedar Rapids, IA by Size: 35 Lenders url: https://lender.report/multifamily-lenders/cedar-rapids-ia/ license: https://lender.report/license/ --- Multifamily ยท IA # Multifamily lenders in Cedar Rapids, IA, by loan size 35 lenders made multifamily loans in the Cedar Rapids, IA metro area in 2024 and 2025. 28 made a loan under $1M, 10 made one of $5M or more, and 6 made only loans of $5M or more. **Evidence** Multifamily loans placed in the Cedar Rapids, IA metro area, HMDA **Data as of** HMDA 2025 **Page last changed** November 11, 2026 **Lenders on record** 35 HMDA, 2025 **Loans under $1M** 150 HMDA, 2025 28 lenders **Loans $1M to $5M** 33 HMDA, 2025 9 lenders **Loans $5M or more** 18 HMDA, 2025 10 lenders Cite this Source: The Lender Report, Multifamily lenders in Cedar Rapids, IA, by loan size, https://lender.report/multifamily-lenders/cedar-rapids-ia/, data as of December 31, 2025. ## Describe a deal in Cedar Rapids, IA See which of these lenders made loans like yours, at your size and in your place. No account and no form. [Show multifamily loans in Cedar Rapids, IA](https://lender.report/comps/?lane=multifamily&metro=16300)[On this list? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | Loans | Under $1M | $1M to $2.5M | $2.5M to $5M | $5M to $10M | $10M or more | Refinances | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [Hills Bank and Trust Company](https://lender.report/lender/hills-bank-and-trust-ia/) [multifamily record](https://lender.report/lender/hills-bank-and-trust-ia/multifamily/) | Bank | Hills, IA | 68 | 50 | 7 | 7 | 3 | 1 | 10 | | [Cedar Rapids Bank and Trust Company](https://lender.report/lender/cedar-rapids-bank-and-trust-ia/) [multifamily record](https://lender.report/lender/cedar-rapids-bank-and-trust-ia/multifamily/) | Bank | Cedar Rapids, IA | 31 | 25 | 1 | 4 | 0 | 1 | 25 | | [Ohnward Bank & Trust](https://lender.report/lender/ohnward-bank-and-trust-ia/) [multifamily record](https://lender.report/lender/ohnward-bank-and-trust-ia/multifamily/) | Bank | Cascade, IA | 14 | 14 | 0 | 0 | 0 | 0 | 3 | | [Farmers State Bank](https://lender.report/lender/farmers-state-bank-ia-marion/) [multifamily record](https://lender.report/lender/farmers-state-bank-ia-marion/multifamily/) | Bank | Marion, IA | 11 | 5 | 4 | 1 | 0 | 1 | 1 | | [Fidelity Bank & Trust](https://lender.report/lender/fidelity-bank-and-trust-ia/) [multifamily record](https://lender.report/lender/fidelity-bank-and-trust-ia/multifamily/) | Bank | Dubuque, IA | 8 | 7 | 0 | 1 | 0 | 0 | 4 | | [Collins Community Credit Union](https://lender.report/lender/collins-community-credit-union-ia/) [multifamily record](https://lender.report/lender/collins-community-credit-union-ia/multifamily/) | Credit union | Cedar Rapids, IA | 8 | 8 | 0 | 0 | 0 | 0 | 0 | | [Cedar Valley Bank & Trust](https://lender.report/lender/cedar-valley-bank-and-trust-ia/) [multifamily record](https://lender.report/lender/cedar-valley-bank-and-trust-ia/multifamily/) | Bank | La Porte City, IA | 6 | 4 | 2 | 0 | 0 | 0 | 5 | | [Citizens State Bank](https://lender.report/lender/citizens-state-bank-ia-monticello/) [multifamily record](https://lender.report/lender/citizens-state-bank-ia-monticello/multifamily/) | Bank | Monticello, IA | 6 | 6 | 0 | 0 | 0 | 0 | 3 | | [Berkadia Commercial Mortgage](https://lender.report/lender/berkadia-commercial-mortgage-pa/) [multifamily record](https://lender.report/lender/berkadia-commercial-mortgage-pa/multifamily/) | Non-bank | Ambler, PA | 5 | 0 | 0 | 0 | 0 | 5 | 0 | | [Bankers Trust Company](https://lender.report/lender/bankers-trust-ia/) [multifamily record](https://lender.report/lender/bankers-trust-ia/multifamily/) | Bank | Des Moines, IA | 5 | 3 | 2 | 0 | 0 | 0 | 5 | | [TruBank](https://lender.report/lender/trubank-ia/) [multifamily record](https://lender.report/lender/trubank-ia/multifamily/) | Bank | Indianola, IA | 3 | 3 | 0 | 0 | 0 | 0 | 3 | | [Farmers & Merchants Savings Bank](https://lender.report/lender/farmers-and-merchants-savings-bank-ia-manchester/) [multifamily record](https://lender.report/lender/farmers-and-merchants-savings-bank-ia-manchester/multifamily/) | Bank | Manchester, IA | 3 | 3 | 0 | 0 | 0 | 0 | 2 | | [Bank Iowa](https://lender.report/lender/bank-iowa-ia/) [multifamily record](https://lender.report/lender/bank-iowa-ia/multifamily/) | Bank | West Des Moines, IA | 2 | 0 | 0 | 0 | 2 | 0 | 0 | | [Heartland Bank and Trust Company](https://lender.report/lender/heartland-bank-and-trust-il/) [multifamily record](https://lender.report/lender/heartland-bank-and-trust-il/multifamily/) | Bank | Bloomington, IL | 2 | 1 | 0 | 0 | 1 | 0 | 0 | | [Greenstate Credit Union](https://lender.report/lender/greenstate-credit-union-ia/) [multifamily record](https://lender.report/lender/greenstate-credit-union-ia/multifamily/) | Credit union | North Liberty, IA | 2 | 1 | 1 | 0 | 0 | 0 | 0 | | [BankIowa](https://lender.report/lender/bankiowa-ia/) [multifamily record](https://lender.report/lender/bankiowa-ia/multifamily/) | Bank | Cedar Rapids, IA | 2 | 1 | 1 | 0 | 0 | 0 | 0 | | [Farmers State Bank](https://lender.report/lender/farmers-state-bank-ia-waterloo/) [multifamily record](https://lender.report/lender/farmers-state-bank-ia-waterloo/multifamily/) | Bank | Waterloo, IA | 2 | 2 | 0 | 0 | 0 | 0 | 0 | | [Dutrac Community Credit Union](https://lender.report/lender/dutrac-community-credit-union-ia/) [multifamily record](https://lender.report/lender/dutrac-community-credit-union-ia/multifamily/) | Credit union | Dubuque, IA | 2 | 2 | 0 | 0 | 0 | 0 | 1 | | [American State Bank](https://lender.report/lender/american-state-bank-ia-sioux-center/) [multifamily record](https://lender.report/lender/american-state-bank-ia-sioux-center/multifamily/) | Bank | Sioux Center, IA | 2 | 2 | 0 | 0 | 0 | 0 | 1 | | [Northeast Security Bank](https://lender.report/lender/northeast-security-bank-ia/) [multifamily record](https://lender.report/lender/northeast-security-bank-ia/multifamily/) | Bank | Sumner, IA | 2 | 2 | 0 | 0 | 0 | 0 | 1 | | [Colliers Mortgage LLC](https://lender.report/lender/colliers-mortgage-mn/) [multifamily record](https://lender.report/lender/colliers-mortgage-mn/multifamily/) | Non-bank | Minneapolis, MN | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | [Veridian Credit Union](https://lender.report/lender/veridian-credit-union-ia/) [multifamily record](https://lender.report/lender/veridian-credit-union-ia/multifamily/) | Credit union | Waterloo, IA | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | [Landmark Credit Union](https://lender.report/lender/landmark-credit-union-wi/) [multifamily record](https://lender.report/lender/landmark-credit-union-wi/multifamily/) | Credit union | Brookfield, WI | 1 | 0 | 0 | 0 | 1 | 0 | 0 | | [U.S. Bank National Association](https://lender.report/lender/u-s-bank-oh/) [multifamily record](https://lender.report/lender/u-s-bank-oh/multifamily/) | Bank | Cincinnati, OH | 1 | 0 | 0 | 0 | 1 | 0 | 0 | | [Luana Savings Bank](https://lender.report/lender/luana-savings-bank-ia/) [multifamily record](https://lender.report/lender/luana-savings-bank-ia/multifamily/) | Bank | Luana, IA | 1 | 0 | 1 | 0 | 0 | 0 | 0 | | [Central Bank Illinois](https://lender.report/lender/central-bank-illinois-il/) [multifamily record](https://lender.report/lender/central-bank-illinois-il/multifamily/) | Bank | Geneseo, IL | 1 | 1 | 0 | 0 | 0 | 0 | 0 | | [Farmers Savings Bank & Trust](https://lender.report/lender/farmers-savings-bank-and-trust-ia/) | Bank | Traer, IA | 1 | 1 | 0 | 0 | 0 | 0 | 0 | | [Bridgewater Bank](https://lender.report/lender/bridgewater-bank-mn/) [multifamily record](https://lender.report/lender/bridgewater-bank-mn/multifamily/) | Bank | Saint Louis Park, MN | 1 | 1 | 0 | 0 | 0 | 0 | 0 | | [Lincoln Savings Bank](https://lender.report/lender/lincoln-savings-bank-ia/) [multifamily record](https://lender.report/lender/lincoln-savings-bank-ia/multifamily/) | Bank | Reinbeck, IA | 1 | 1 | 0 | 0 | 0 | 0 | 0 | | [Hiawatha Bank and Trust Company](https://lender.report/lender/hiawatha-bank-and-trust-ia/) | Bank | Hiawatha, IA | 1 | 1 | 0 | 0 | 0 | 0 | 0 | | [Solon State Bank](https://lender.report/lender/solon-state-bank-ia/) | Bank | Solon, IA | 1 | 1 | 0 | 0 | 0 | 0 | 0 | | [Central State Bank](https://lender.report/lender/central-state-bank-ia-coralville/) [multifamily record](https://lender.report/lender/central-state-bank-ia-coralville/multifamily/) | Bank | Coralville, IA | 1 | 1 | 0 | 0 | 0 | 0 | 1 | | [Mount Vernon Bank and Trust Company](https://lender.report/lender/mount-vernon-bank-and-trust-ia/) | Bank | Mount Vernon, IA | 1 | 1 | 0 | 0 | 0 | 0 | 0 | | [Washington State Bank](https://lender.report/lender/washington-state-bank-ia/) [multifamily record](https://lender.report/lender/washington-state-bank-ia/multifamily/) | Bank | Washington, IA | 1 | 1 | 0 | 0 | 0 | 0 | 0 | | [Dupaco Community Credit Union](https://lender.report/lender/dupaco-community-credit-union-ia/) [multifamily record](https://lender.report/lender/dupaco-community-credit-union-ia/multifamily/) | Credit union | Dubuque, IA | 1 | 1 | 0 | 0 | 0 | 0 | 0 | HMDA, 2025 [Check a deal in Cedar Rapids, IA in Loan Comps](https://lender.report/comps/?lane=multifamily&metro=16300) Sizes are the amounts this site shows, rounded to 2 significant figures. A refinance counts both rate-and-term and cash-out loans. - 28 lenders made a multifamily loan under $1M in Cedar Rapids, IA, 8 made one from $1M to $2.5M, and 4 from $2.5M to $5M. HMDA, 2025 - 5 lenders made a loan from $5M to $10M, and 6 made one of $10M or more. HMDA, 2025 - Berkadia Commercial Mortgage made the most loans of $5M or more in Cedar Rapids, IA, with 5. HMDA, 2025 - 14 lenders made at least one refinancing in Cedar Rapids, IA, and 28 made at least one purchase loan. HMDA, 2025 - 10 lenders made 5 or more loans in Cedar Rapids, IA, and 15 made exactly one. HMDA, 2025 - The typical loan in Cedar Rapids, IA was about $340K, with the middle half between $140K and $1M. HMDA, 2025 - Lenders reported a median rate of 6.88% on 122 loans in Cedar Rapids, IA, with the middle half between 6.38% and 7.25%. HMDA, 2025 - 33% of the loans were refinancings and 57% were purchases. HMDA, 2025 - Banks and savings institutions made 178 of the loans, credit unions 15, and non-banks 6. HMDA, 2025 - 28 of the 35 lenders are based in Iowa. The rest are based elsewhere, most often in Illinois, Minnesota and Ohio. HMDA, 2025 ## How this list is defined **Measure** Multifamily loans made in the Cedar Rapids, IA metro area, by size **Period** 2024 and 2025 **Formula** Count, by lender, of HMDA records for multifamily dwellings placed in the metro area, split into five loan sizes of the amounts as this site shows them, for each year in which the public file holds 5 or more such loans there. **Order** Largest first by loans recorded in the place, then dollars, then name. Payment is not part of the order. **As of** 2025 **Source** [HMDA](https://ffiec.cfpb.gov/data-browser/) **Changelog** November 12, 2026: First published, with the data built on this date. ## What we don't know - Whether any of these lenders is taking new loans today. - What they charge or require beyond the rate and term that HMDA reports. - Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only. A metro area or county is named for a year only when the public file holds 5 or more multifamily loans there that year, so a small place is never exposed by a count. HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date. 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](https://lender.report/report/) 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.