--- title: Multifamily Lenders in Iowa City, IA, by Loan Size: 16 Lenders url: https://lender.report/multifamily-lenders/iowa-city-ia/ license: https://lender.report/license/ --- Multifamily ยท IA # Multifamily lenders in Iowa City, IA, by loan size 16 lenders made multifamily loans in the Iowa City, IA metro area in 2024 and 2025. 8 made a loan under $1M, 7 made one of $5M or more, and 4 made only loans of $5M or more. **Evidence** Multifamily loans placed in the Iowa City, IA metro area, HMDA **Data as of** HMDA 2025 **Page last changed** November 11, 2026 **Lenders on record** 16 HMDA, 2025 **Loans under $1M** 82 HMDA, 2025 8 lenders **Loans $1M to $5M** 39 HMDA, 2025 7 lenders **Loans $5M or more** 13 HMDA, 2025 7 lenders Cite this Source: The Lender Report, Multifamily lenders in Iowa City, IA, by loan size, https://lender.report/multifamily-lenders/iowa-city-ia/, data as of December 31, 2025. ## Describe a deal in Iowa City, 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 Iowa City, IA](https://lender.report/comps/?lane=multifamily&metro=26980)[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 | 77 | 53 | 18 | 2 | 2 | 2 | 18 | | [West Bank](https://lender.report/lender/west-bank-ia/) [multifamily record](https://lender.report/lender/west-bank-ia/multifamily/) | Bank | West Des Moines, IA | 11 | 3 | 5 | 2 | 1 | 0 | 3 | | [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 | 4 | 3 | 0 | 0 | 1 | 0 | 1 | | [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 | 3 | 0 | 2 | 1 | 0 | 0 | 1 | | [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 | 2 | 0 | 0 | 0 | 0 | 2 | 1 | | [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 | 2 | 0 | 0 | 0 | 0 | 2 | 1 | | [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 | 2 | 2 | 0 | 0 | 0 | 0 | 1 | | [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 | 2 | 1 | 1 | 0 | 0 | 0 | 1 | | [Federation Bank](https://lender.report/lender/federation-bank-ia/) | Bank | Washington, IA | 2 | 2 | 0 | 0 | 0 | 0 | 2 | | [Lument Real Estate Capital](https://lender.report/lender/lument-real-estate-capital-oh/) [multifamily record](https://lender.report/lender/lument-real-estate-capital-oh/multifamily/) | Non-bank | Columbus, OH | 1 | 0 | 0 | 0 | 0 | 1 | 1 | | [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 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | [Peoples Bank](https://lender.report/lender/peoples-bank-ia-clive/) [multifamily record](https://lender.report/lender/peoples-bank-ia-clive/multifamily/) | Bank | Clive, IA | 1 | 0 | 0 | 1 | 0 | 0 | 1 | | [Citizens Equity First Credit Union](https://lender.report/lender/citizens-equity-first-credit-union-il/) [multifamily record](https://lender.report/lender/citizens-equity-first-credit-union-il/multifamily/) | Credit union | Peoria, IL | 1 | 0 | 1 | 0 | 0 | 0 | 0 | | [Visionbank of Iowa](https://lender.report/lender/visionbank-of-iowa-ia/) [multifamily record](https://lender.report/lender/visionbank-of-iowa-ia/multifamily/) | Bank | Ames, IA | 1 | 0 | 1 | 0 | 0 | 0 | 0 | | [CBI Bank & Trust](https://lender.report/lender/cbi-bank-and-trust-ia/) [multifamily record](https://lender.report/lender/cbi-bank-and-trust-ia/multifamily/) | Bank | Muscatine, IA | 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 | HMDA, 2025 [Check a deal in Iowa City, IA in Loan Comps](https://lender.report/comps/?lane=multifamily&metro=26980) Sizes are the amounts this site shows, rounded to 2 significant figures. A refinance counts both rate-and-term and cash-out loans. - 8 lenders made a multifamily loan under $1M in Iowa City, IA, 6 made one from $1M to $2.5M, and 4 from $2.5M to $5M. HMDA, 2025 - 3 lenders made a loan from $5M to $10M, and 5 made one of $10M or more. HMDA, 2025 - Hills Bank and Trust Company made the most loans of $5M or more in Iowa City, IA, with 4. HMDA, 2025 - 11 lenders made at least one refinancing in Iowa City, IA, and 10 made at least one purchase loan. HMDA, 2025 - 2 lenders made 5 or more loans in Iowa City, IA, and 7 made exactly one. HMDA, 2025 - The typical loan in Iowa City, IA was about $680K, with the middle half between $280K and $1.4M. HMDA, 2025 - Lenders reported a median rate of 6.75% on 110 loans in Iowa City, IA, with the middle half between 6.25% and 7.50%. HMDA, 2025 - 25% of the loans were refinancings and 57% were purchases. HMDA, 2025 - Banks and savings institutions made 106 of the loans, credit unions 3, and non-banks 3. HMDA, 2025 - 13 of the 16 lenders are based in Iowa. The rest are based elsewhere, most often in Illinois, Ohio and Pennsylvania. HMDA, 2025 ## How this list is defined **Measure** Multifamily loans made in the Iowa City, 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.