Top 3 Mortgage Lenders in Elma

Top-rated mortgage lender serving Elma, Iowa.

Decorah Bank & Trust is a highly-rated community bank with deep roots in northeast Iowa, serving rural communities like Elma for over 145 years. They specialize in agricultural and rural residential lending with personalized service. Their mortgage team, led by experienced lenders like Mike Schwickerath, understands the unique needs of rural Iowa homeowners. They offer competitive rates on all major loan types and are particularly strong with USDA rural development loans, which are ideal for Elma area residents. The bank maintains exceptional customer satisfaction ratings and provides local decision-making with the stability of a long-established institution.

Iowa State Bank has an actual physical branch located right in Elma, making them the most local option for Elma residents. As a community bank founded during the Great Depression, they've built strong relationships throughout Howard County and surrounding areas. They specialize in rural and agricultural lending with deep understanding of local property values and market conditions. Their mortgage department offers comprehensive services including construction loans for new homes in the area. With high customer satisfaction ratings and local decision-making, they provide personalized service that larger institutions cannot match. Their expertise in USDA and rural housing loans makes them particularly valuable for Elma homebuyers.