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Council Bluffs, IA

The Best Mortgage Lenders in Council Bluffs, IA

Compare verified mortgage lenders serving Council Bluffs, Iowa. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.8
Avg Rating
372+
Reviews
11
Loan Types

Available Loan Programs in Council Bluffs

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
First-time Homebuyer
Investment Properties
Home Equity
First-time Buyer Programs

Featured Mortgage Lenders

1

Great Western Bank Mortgage Team

Great Western Bank

★★★★☆
4.8/5

Great Western Bank stands out as a premier regional mortgage lender with a strong physical presence in Council Bluffs. As a community-focused bank with deep roots in Iowa, they offer personalized service and local underwriting decisions. Their mortgage team has extensive experience with first-time homebuyer programs and agricultural property financing, which is particularly valuable in the Council Bluffs area. Customers consistently praise their competitive rates, transparent process, and the ability to close loans efficiently. The bank's long-standing reputation (founded in 1935) and local decision-making authority make them a top choice for Council Bluffs residents seeking reliable mortgage services.

Experience:15 years
Reviews:89 customer reviews
325 West Broadway, Council Bluffs, IA 51503

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstruction
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2

Omaha Loan Solutions

Omaha Loan Solutions

★★★★☆
4.9/5

Serving the entire Omaha-Council Bluffs metropolitan area, Omaha Loan Solutions has built an exceptional reputation for mortgage expertise and customer service. As a dedicated mortgage broker, they work with multiple lenders to secure the best possible rates and terms for Council Bluffs homebuyers. Their specialization in first-time homebuyer programs and VA loans makes them particularly valuable for military families from nearby Offutt Air Force Base. With hundreds of 5-star reviews highlighting their responsiveness, knowledge, and ability to handle complex situations, they've become one of the most trusted mortgage providers in the region despite being based across the river in Omaha.

Experience:12 years
Reviews:127 customer reviews
14506 West Center Road, Suite 107, Omaha, NE 68144

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceInvestment Properties
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3

Liberty First Credit Union Mortgage Department

Liberty First Credit Union

★★★★☆
4.7/5

Liberty First Credit Union has been serving the Omaha-Council Bluffs community since 1935 and offers exceptional mortgage products to Council Bluffs residents. As a not-for-profit financial cooperative, they frequently provide more competitive rates and lower fees than traditional banks. Their mortgage team specializes in helping members navigate the entire homebuying process, with particular expertise in first-time homebuyer assistance programs available in both Iowa and Nebraska. Members consistently praise their educational approach, patience with questions, and commitment to finding the right mortgage solution. While based in Omaha, they actively serve Council Bluffs customers and understand the unique aspects of the Iowa real estate market.

Experience:20 years
Reviews:156 customer reviews
2025 S 120th Street, Omaha, NE 68144

Loan Types:

ConventionalFHAVAUSDAHome EquityRefinanceFirst-time Buyer Programs
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Frequently Asked Questions

Common questions about mortgage lending in Council Bluffs, IA

What are the current average mortgage rates in Council Bluffs, and how do they compare to the national average?

Mortgage rates in Council Bluffs are typically very close to the national average. However, due to Iowa's stable housing market and competitive local lenders, you may sometimes find rates slightly below the national average. It's best to compare offers from local credit unions like Greater Iowa Credit Union and national lenders for the most favorable terms.

Are there any special first-time homebuyer programs available specifically for Council Bluffs residents?

Yes, the Iowa Finance Authority offers several programs like the FirstHome program, which provides affordable 30-year fixed-rate mortgages and down payment assistance. Additionally, the City of Council Bluffs occasionally has local grant programs for homebuyers, so checking with the city's housing division is recommended for current offerings.

How does Council Bluffs' proximity to Omaha affect mortgage lending and housing costs?

Council Bluffs' location across the river from Omaha creates a unique dynamic where housing prices are typically more affordable than in Omaha, while still offering access to Omaha's job market. This makes Council Bluffs attractive to commuters, and lenders are familiar with this cross-state employment situation when qualifying borrowers who work in Nebraska.

What should I know about property taxes when getting a mortgage in Council Bluffs?

Pottawattamie County property taxes in Council Bluffs are relatively moderate compared to other Iowa counties, currently averaging around 1.5-1.8% of assessed value. Your lender will factor these taxes into your debt-to-income ratio, and it's important to budget for them as they can significantly impact your total monthly housing payment.

Are there any local mortgage considerations for buying in Council Bluffs' historic districts?

Yes, if you're considering homes in Council Bluffs' historic districts like the Broadway Historic District, you should know that some lenders may have additional requirements. Some local lenders offer special renovation loans for historic properties, and you may need additional inspections. The city's historic preservation commission can provide guidance on any restrictions that might affect your purchase.

Mortgage Insights

Finding Your Perfect Home Loan Match in Council Bluffs: Why "Near Me" Matters

Searching for a "home loan broker near me" in Council Bluffs is more than just a convenience—it's a strategic move for any savvy homebuyer. In a market that beautifully balances Midwestern affordability with proximity to Omaha's big-city amenities, having a local expert in your corner can make all the difference. A broker who knows Council Bluffs intimately understands not just the loan options, but the nuances of our neighborhoods, from the historic charm of the Broadway District to the growing communities in the southern parts of the city.

So, why go local? First, a Council Bluffs-based broker has their finger on the pulse of our specific market trends. They can advise you on what purchase prices are competitive for a bungalow near Bayliss Park versus a newer build off of South 24th Street. They understand how property taxes in Pottawattamie County impact your overall monthly budget, a crucial detail when determining how much house you can truly afford. This local insight helps them tailor a loan product that fits both your financial picture and your lifestyle goals in this community.

When you connect with a broker here in Iowa, you also gain access to valuable state-specific programs that out-of-town lenders might overlook. A prime example is the Iowa Finance Authority (IFA) programs, which offer competitive first-time homebuyer loans, down payment assistance, and even special grants for veterans and teachers. A knowledgeable local broker will guide you through the eligibility requirements for these programs and can seamlessly integrate them with conventional loan options, potentially saving you thousands of dollars at closing and over the life of your loan.

Your actionable first step? Look beyond a simple online search. Ask for referrals from your local real estate agent, friends, or family who have recently purchased in the area. When you interview potential brokers, come prepared with specific questions: "What IFA programs do you most frequently use for clients in Council Bluffs?" or "How do you see current interest rates affecting buying power in the $250,000 range here?" Their answers will immediately reveal their local expertise.

Finally, choose a broker who is willing to meet you in person. The homebuying process is a significant journey, and having a trusted advisor you can sit down with at a local coffee shop provides clarity and confidence. They become your advocate, shopping your financial profile to multiple lenders to find the best rate and terms for your Council Bluffs dream home. By investing time in finding the right local broker, you're not just getting a loan—you're securing a partner who is invested in your success and in the future of our community.

Nearby Cities

Explore mortgage lenders in cities near Council Bluffs, IA

Why Choose a Mortgage Lender in Council Bluffs?

Local Market Knowledge

Lenders who understand Council Bluffs's housing market can offer better guidance and competitive rates.

Multiple Loan Options

Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.

Proven Track Record

Work with lenders who have years of experience and hundreds of satisfied customers in Iowa.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Council Bluffs and get competitive rates on your home loan.