--- title: Multifamily Lenders in Waterloo, IA, by Loan Size: 24 Lenders url: https://lender.report/multifamily-lenders/waterloo-ia/ license: https://lender.report/license/ --- Multifamily ยท IA # Multifamily lenders in Waterloo, IA, by loan size 24 lenders made multifamily loans in the Waterloo, IA metro area in 2024 and 2025. 19 made a loan under $1M, 3 made one of $5M or more, and 1 made only loans of $5M or more. **Evidence** Multifamily loans placed in the Waterloo, IA metro area, HMDA **Data as of** HMDA 2025 **Page last changed** November 11, 2026 **Lenders on record** 24 HMDA, 2025 **Loans under $1M** 101 HMDA, 2025 19 lenders **Loans $1M to $5M** 25 HMDA, 2025 13 lenders **Loans $5M or more** 5 HMDA, 2025 3 lenders Cite this Source: The Lender Report, Multifamily lenders in Waterloo, IA, by loan size, https://lender.report/multifamily-lenders/waterloo-ia/, data as of December 31, 2025. ## Describe a deal in Waterloo, 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 Waterloo, IA](https://lender.report/comps/?lane=multifamily&metro=47940)[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 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [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 | 31 | 28 | 2 | 1 | 0 | 0 | 7 | | [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 | 22 | 20 | 2 | 0 | 0 | 0 | 0 | | [BankIowa](https://lender.report/lender/bankiowa-ia/) [multifamily record](https://lender.report/lender/bankiowa-ia/multifamily/) | Bank | Cedar Rapids, IA | 15 | 9 | 3 | 1 | 2 | 0 | 5 | | [First Bank](https://lender.report/lender/first-bank-ia/) [multifamily record](https://lender.report/lender/first-bank-ia/multifamily/) | Bank | Waverly, IA | 14 | 12 | 2 | 0 | 0 | 0 | 3 | | [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 | 7 | 2 | 1 | 2 | 2 | 0 | 1 | | [Denver Savings Bank](https://lender.report/lender/denver-savings-bank-ia/) [multifamily record](https://lender.report/lender/denver-savings-bank-ia/multifamily/) | Bank | Denver, IA | 6 | 5 | 0 | 1 | 0 | 0 | 1 | | [First Interstate Bank](https://lender.report/lender/first-interstate-bank-mt/) [multifamily record](https://lender.report/lender/first-interstate-bank-mt/multifamily/) | Bank | Billings, MT | 4 | 3 | 1 | 0 | 0 | 0 | 3 | | [Arbor Realty Trust, Inc.](https://lender.report/lender/arbor-realty-trust-ny/) [multifamily record](https://lender.report/lender/arbor-realty-trust-ny/multifamily/) | Non-bank | Uniondale, NY | 3 | 0 | 2 | 1 | 0 | 0 | 3 | | [Bank Iowa](https://lender.report/lender/bank-iowa-ia/) [multifamily record](https://lender.report/lender/bank-iowa-ia/multifamily/) | Bank | West Des Moines, IA | 3 | 2 | 0 | 1 | 0 | 0 | 2 | | [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 | 3 | 2 | 1 | 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 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | | [Kerndt Brothers Savings Bank](https://lender.report/lender/kerndt-brothers-savings-bank-ia/) [multifamily record](https://lender.report/lender/kerndt-brothers-savings-bank-ia/multifamily/) | Bank | Lansing, IA | 2 | 2 | 0 | 0 | 0 | 0 | 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 | 2 | 2 | 0 | 0 | 0 | 0 | 1 | | [CCFBank National Association](https://lender.report/lender/ccfbank-wi/) [multifamily record](https://lender.report/lender/ccfbank-wi/multifamily/) | Bank | Altoona, WI | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | [Great Southern Bank](https://lender.report/lender/great-southern-bank-mo/) [multifamily record](https://lender.report/lender/great-southern-bank-mo/multifamily/) | Bank | Reeds Spring, MO | 1 | 0 | 0 | 1 | 0 | 0 | 0 | | [Platinum Bank](https://lender.report/lender/platinum-bank-mn/) [multifamily record](https://lender.report/lender/platinum-bank-mn/multifamily/) | Bank | Oakdale, MN | 1 | 0 | 0 | 1 | 0 | 0 | 0 | | [Greystone Servicing Corporation, Inc.](https://lender.report/lender/greystone-servicing-tn-memphis-kqgfmz98/) [multifamily record](https://lender.report/lender/greystone-servicing-tn-memphis-kqgfmz98/multifamily/) | Non-bank | Memphis, TN | 1 | 0 | 1 | 0 | 0 | 0 | 1 | | [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 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | | [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 | 1 | 1 | 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 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | | [Cedar Falls Community Credit Union](https://lender.report/lender/cedar-falls-community-credit-union-ia/) | Credit union | Cedar Falls, IA | 1 | 1 | 0 | 0 | 0 | 0 | 0 | | [Security State Bank](https://lender.report/lender/security-state-bank-ia-sutherland/) | Bank | Sutherland, IA | 1 | 1 | 0 | 0 | 0 | 0 | 0 | | [Chelsea Savings Bank](https://lender.report/lender/chelsea-savings-bank-ia/) [multifamily record](https://lender.report/lender/chelsea-savings-bank-ia/multifamily/) | Bank | Belle Plaine, IA | 1 | 1 | 0 | 0 | 0 | 0 | 0 | | [Green Belt Bank & Trust](https://lender.report/lender/green-belt-bank-and-trust-ia/) [multifamily record](https://lender.report/lender/green-belt-bank-and-trust-ia/multifamily/) | Bank | Iowa Falls, IA | 1 | 1 | 0 | 0 | 0 | 0 | 1 | HMDA, 2025 [Check a deal in Waterloo, IA in Loan Comps](https://lender.report/comps/?lane=multifamily&metro=47940) Sizes are the amounts this site shows, rounded to 2 significant figures. A refinance counts both rate-and-term and cash-out loans. - 19 lenders made a multifamily loan under $1M in Waterloo, IA, 9 made one from $1M to $2.5M, and 8 from $2.5M to $5M. HMDA, 2025 - 2 lenders made a loan from $5M to $10M, and 1 made one of $10M or more. HMDA, 2025 - BankIowa made the most loans of $5M or more in Waterloo, IA, with 2. HMDA, 2025 - 12 lenders made at least one refinancing in Waterloo, IA, and 19 made at least one purchase loan. HMDA, 2025 - 6 lenders made 5 or more loans in Waterloo, IA, and 11 made exactly one. HMDA, 2025 - The typical loan in Waterloo, IA was about $220K, with the middle half between $100K and $900K. HMDA, 2025 - Lenders reported a median rate of 7.00% on 77 loans in Waterloo, IA, with the middle half between 6.85% and 7.33%. HMDA, 2025 - 23% of the loans were refinancings and 66% were purchases. HMDA, 2025 - Banks and savings institutions made 118 of the loans, credit unions 4, and non-banks 4. HMDA, 2025 - 17 of the 24 lenders are based in Iowa. The rest are based elsewhere, most often in Minnesota, Missouri and Montana. HMDA, 2025 ## How this list is defined **Measure** Multifamily loans made in the Waterloo, 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.