The Best Mortgage Lenders in Urbandale, IA
Compare verified mortgage lenders serving Urbandale, Iowa. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Urbandale
Featured Mortgage Lenders
Scott Luedtke
Guaranteed Rate
Guaranteed Rate is one of the largest retail mortgage lenders in the nation with a strong local presence in the Des Moines metro area. Scott Luedtke and his team have built an exceptional reputation for providing competitive rates, streamlined digital processes, and personalized service. They consistently receive outstanding reviews for their responsiveness, expertise with various loan programs, and ability to close loans quickly. Their extensive experience with both purchase and refinance transactions makes them a top choice for Urbandale homebuyers.
Loan Types:
Mortgage Department
Greater Iowa Credit Union
As a community-focused credit union with a physical branch in Urbandale, Greater Iowa Credit Union offers exceptional mortgage services with competitive rates and personalized attention. Their mortgage team has extensive experience serving the local community and provides comprehensive guidance through the entire homebuying process. Members consistently praise their low fees, transparent communication, and commitment to finding the right mortgage solution for each borrower's unique situation.
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Chris Horstmann
MidAmerica Mortgage
MidAmerica Mortgage has been serving Iowa homebuyers for decades with a strong focus on the Des Moines metropolitan area including Urbandale. Chris Horstmann and his team are known for their deep knowledge of local market conditions and their ability to structure creative financing solutions. They receive consistent praise for their attention to detail, clear communication throughout the loan process, and expertise with both conventional and government-backed loan programs. Their long-standing presence in the region ensures reliable, trustworthy service.
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Frequently Asked Questions
Common questions about mortgage lending in Urbandale, IA
What are the current mortgage rates like in Urbandale, Iowa?
Mortgage rates in Urbandale are generally competitive with national averages, but local lenders often offer slightly better terms due to Iowa's stable housing market. As of late 2023, 30-year fixed rates typically range from 6.5% to 7.25% depending on credit score and loan type. It's wise to compare offers from both local credit unions like Veridian Credit Union and national lenders for the best Urbandale-specific rates.
Are there any first-time homebuyer programs specific to Urbandale?
Yes, Urbandale homebuyers can access the Iowa Finance Authority's FirstHome program, which offers competitive interest rates and down payment assistance. Additionally, Polk County offers the HomeStart program providing up to $5,000 in down payment assistance for qualified buyers. These programs are particularly valuable given Urbandale's median home prices hovering around $350,000.
How does Urbandale's property tax system affect my mortgage payments?
Urbandale property taxes are relatively moderate for the Des Moines metro area, currently around 1.5% of assessed value. Your lender will factor these taxes into your monthly escrow payments, adding approximately $300-$500 per month to your mortgage payment for a typical single-family home. Polk County's stable tax rates help make mortgage budgeting more predictable.
What special mortgage considerations should I know about for Urbandale's housing market?
Given Urbandale's competitive suburban market, you'll want to get pre-approved with a local lender who understands quick closing timelines, often 30 days or less. Many sellers prefer buyers using established Iowa lenders who can navigate the state's specific closing requirements efficiently. Also consider that newer Urbandale developments may have specific HOA requirements that affect loan eligibility.
Are there any local Urbandale loan programs for specific neighborhoods or property types?
While there aren't neighborhood-specific mortgage programs, Urbandale's participation in Polk County's community development programs can benefit buyers in certain areas. Some local lenders offer special terms for energy-efficient homes, which is relevant given Urbandale's growing inventory of green-certified properties. Credit unions with strong Urbandale presence often have flexible underwriting for local buyers.
Nearby Cities
Explore mortgage lenders in cities near Urbandale, IA
Why Choose a Mortgage Lender in Urbandale?
Local Market Knowledge
Lenders who understand Urbandale'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 Urbandale and get competitive rates on your home loan.