Competitive Rates. Local Mortgage Experts.
Whether you're buying your first home, building your dream home, refinancing your current mortgage, or purchasing your next home, Iowa Trust is here to help. We offer competitive mortgage rates, personalized guidance, and local decision-making to make your home financing experience as smooth as possible.
From your first conversation through closing day, you'll work directly with an experienced mortgage lender who understands your goals and the communities we serve.
Rates Effecitve 09/22/2026
Updated by 11:00AM central.
15-Year Fixed Rates
| Loan Amount | Rate | APR* | Payment Example* |
|---|---|---|---|
| $100,000 | 6.50% | 6.77% | $871.11 |
| $200,000 | 6.25% | 6.384% | $1,714.85 |
| $300,000 | 6.25% | 6.339% | $2,572.27 |
30-Year Fixed Rates
| Loan Amount | Rate | APR* | Payment Example* |
|---|---|---|---|
| $100,000 | 6.75% | 6.916% | $648.60 |
| $200,000 | 6.75% | 6.833% | $1,297.20 |
| $300,000 | 6.75% | 6.806% | $1,945.79 |
Adjustable-Rate Mortgage (ARM)
Note: Payment example based on $300,000 loan amount.
| Term | Rate | APR* | Payment Example* |
|---|---|---|---|
| 5/6 ARM | 6.125% | 6.178% | $1,822.83 |
Veterans Affairs (VA) Fixed Rate Mortgages
Note: Payment example based on $300,000 loan amount.
| Term | Rate | APR* | Payment Example* |
|---|---|---|---|
| 30 years | 6.375% | 6.429% | $1,871.61 |
Federal Housing Authority (FHA)
Note: Payment example based on $300,000 loan amount. 3/2/1 buydown available, check for details!
| Term | Rate | APR* | Payment Example* |
|---|---|---|---|
| 30 years | 6.375% | 6.429% | $1,871.61 |
Iowa Finance Authority (IFA)
Note: Payment example based on $300,000 loan amount.
| Term | Rate | APR* | Payment Example* |
|---|---|---|---|
| 30 years | View Website |
Rates are updated on business days at approximately 11:00 AM CST. On federal holidays, the rates will be updated the following business day.
Rates disclosed have no origination fee. APR = Annual Percentage Rate. All rates are for single-family owner-occupied purchases with escrows. Rates based on 780 credit score, 75% loan to value, 30-day rate lock. Rates can vary for loan amounts not listed and longer rate lock terms. Rates are subject to change without notice. Iowa Trust is not responsible for typographical errors or omissions. Payment examples do not include taxes and insurance, if applicable, payment will be higher. Other loan terms may be available. Lower interest rates may be available by paying discount points. All loans are subject to approval. Iowa Trust NMLS ID# 452947.
Adjustable-rate (ARM) loans and rates are subject to change during the loan term. The first adjusted payments displayed are based on the current 30-day Average SOFR index, plus the margin (fully indexed rate) as of the state effective date rounded to the nearest 1/8th of one percent. These mortgages have an initial period with a fixed rate, then a variable rate that can increase or decrease annually for the rest of the 30-year term. Interest rate is subject to increase after consummation.