Waterloo, IA Mortgage Rates and Refinance Rates

Mortgages in Waterloo, IA: Find the best Waterloo, IA mortgage rates today from banks and credit unions. When results are displayed for mortgage rates in Waterloo, IA, you can easily sort your search results by lender, rate, APR and points so you can easily compare results. Whether you’re looking for conforming, jumbo, adjustable or interest-only mortgage rates in Waterloo, IA. Another option is searching for Waterloo, IA refinance rates if you're looking to refinance a loan. Best of all you don't have to provide any personal information to see a list of Waterloo, IA mortgage rates or refinance rates.

Search and Compare Waterloo, IA Mortgage Rates & Refinance Rates



Waterloo, Iowa Conforming Mortgage Rates and Refinance Rates

Conforming home mortgage rates in Waterloo, IA are the most popular type of mortgages rates you can find advertised for home buyers in Waterloo, IA. Conforming mortgages, also known as conventional mortgages, are mortgages that meet certain criteria set out by Federal Housing Finance Agency (FHFA). There is a loan limit set for each county in the United States. Higher mortgage loan limits are set for high housing cost areas. Waterloo, IA mortgages that 'conform' to the standards set out by the Federal Housing Finance Agency can be purchased by government sponsored entities (GSE) like Freddie Mac and Fannie Mae. This process guarantees Waterloo, IA banks, mortgage companies and credit unions are able to resell home mortgage loans that they make. This process also makes Waterloo, IA conforming mortgage rates and refi rates lower than Waterloo, IA jumbo mortgage rates and jumbo refinance rates because the GSE's can’t purchase jumbo mortgages that are made by Waterloo, IA home finance companies, credit unions and banks.

Jumbo Mortgage Rates and Refinance Rates in Waterloo, Iowa

Jumbo mortgage rates in Waterloo, IA are advertised for home loans that have a dollar amount that is higher than conventional loan amounts. Jumbo mortgage rates and jumbo refinance rates are always higher than conventional mortgage rates for both fixed mortgage rates in Waterloo, IA and adjustable mortgage rates in Waterloo, IA. Interest rates are higher because third party investors buy the home loans credit unions, banks and mortgage companies in Waterloo, IA make.

Waterloo, Iowa Fixed Mortgage Rates and Fixed Refinance Rates

Waterloo, IA fixed rate mortgages are the most common mortgage available to borrowers. With a fixed mortgage the interest rate stays the same for the entire loan period. Fixed mortgages are available in 40 years, 30 years, 20 years, 15 years and 10 years. The longer the mortgage term the lower the monthly mortgage payment will be.

Waterloo, Iowa Adjustable Mortgage Rates

Adjustable Waterloo, IA mortgage rates are fixed for a period of time and then the mortgage rate adjusts every year after. The most common adjustable mortgages terms available in Waterloo, IA are 1 year, 3 year, 5year and 7 year. Adjustable rate mortgages are advertised as 1 year, 3/1, 5/1 and 7/1. Adjustable mortgages are available for conforming dollar amounts and jumbo dollar amounts in Waterloo, IA. Most adjustable mortgages in Waterloo, IA have yearly caps and life time maximum caps on how high the interest rate can fluctuate.



Google Map for Waterloo, IA Rates & Resources


Waterloo FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

BankIowa of Cedar Rapids

17282 3222 Kimball Avenue, Waterloo, IA 50702

BankIowa of Cedar Rapids

17282 330 East 4th Street, Waterloo, IA 50703

Community National Bank

34503 11 Tower Park Drive, Waterloo, IA 50701

Community National Bank

34503 422 Commercial Street, Waterloo, IA 50701

Farmers State Bank

12855 1009 People Square, Waterloo, IA 50702

First Security State Bank

18508 1225 W. Ridgeway Ave, Waterloo, IA 50701

Lincoln Savings Bank

14207 242 Tower Park Drive, Waterloo, IA 50701

MidWestOne Bank

14843 3110 Kimball Avenue, Waterloo, IA 50702

Regions Bank

12368 100 East Park Avenue, Waterloo, IA 50704

Regions Bank

12368 2036 Logan Avenue, Waterloo, IA 50703

Regions Bank

12368 224 West Ridgeway Avenue, Waterloo, IA 50701

Regions Bank

12368 2532 Crossroads Blvd, Waterloo, IA 50702

Regions Bank

12368 412 Mulberry Street, Waterloo, IA 50703

U.S. Bank National Association

6548 11 West Commercial Street, Waterloo, IA 50701

U.S. Bank National Association

6548 3130 Kimball Avenue, Waterloo, IA 50702

U.S. Bank National Association

6548 425 Cedar Street, Waterloo, IA 50701

Wells Fargo Bank, National Association

3511 191 West Fifth Street, Waterloo, IA 50701

Wells Fargo Bank, National Association

3511 3065 Kimball Avenue, Waterloo, IA 50702