Business Details
39 Years
experience
Your Trusted Iowa Mortgage Lending Partner Since 1987
Since 1987, Residential Mortgage Network has been a locally owned mortgage bank dedicated to serving Iowa residents. Our team specializes in USDA, VA, Conventional, FHA, and new construction loans, with a streamlined in-house underwriting process that averages less than three weeks from application to approval. As one of the top USDA loan providers in the region, we prioritize personalized service, guiding clients through every step of the homebuying journey. Our loan officers bring decades of combined experience, offering tailored solutions for first-time buyers, veterans, and seasoned homeowners. We pride ourselves on transparency, efficiency, and a commitment to helping families achieve homeownership.With offices in Iowa City and Cedar Rapids, our local expertise extends across the entire state. Our Equal Housing Opportunity designation underscores our dedication to fair lending practices. Clients consistently highlight our responsive communication, stress-free transactions, and ability to navigate complex financing scenarios. Whether you're purchasing your first home or refinancing, our team combines technical expertise with a client-first approach. This combination of speed, knowledge, and personalized attention has made us a trusted name in Iowa's mortgage market for over three decades.
Services
VA Loans
FHA Loans
Conventional Loans
USDA Loans
New Construction Loans
Details
- Year established: 1987
Highlights and features
- We've specialized in Iowa mortgage lending for over 30 years
- Our in-house underwriting process averages less than 3 week turnaround
- We offer USDA, VA, FHA, Conventional, and new construction loan options
- Our loan officers provide personalized guidance for first-time buyers
- We maintain top-producing status for USDA loans in our region
Associations and certifications
- Equal Housing Opportunity Lender
What people say
Positive experience
Quick and efficient
Top-notch
Stress-free process
Highly recommend
Services
VA Loans
Our VA loan program provides exclusive home financing options for veterans and active military personnel. These loans offer competitive rates, no down payment requirements, and flexible qualification standards. Our experienced team guides service members through the entire process from application to closing.
FHA Loans
FHA loans require only 3.5% down payment with more lenient credit requirements. We help first-time buyers and those with limited savings achieve homeownership through this federal housing administration program. Our specialists ensure smooth processing and compliance with all regulations.
Conventional Loans
Our conventional loan options offer fixed-rate mortgages with various down payment options. These loans suit buyers with strong credit histories and stable income. We provide clear terms and competitive rates for primary residences and investment properties across Iowa.
USDA Loans
USDA loans provide zero-down payment options for qualified buyers in rural areas. As a top-producing lender in this program, we help low-to-moderate income families access affordable financing with favorable terms for eligible properties throughout Iowa.
New Construction Loans
Our new construction loan program finances custom home building projects from start to finish. We coordinate with builders and contractors to release funds at each construction phase. These loans transition to permanent mortgages upon completion with competitive long-term rates.
Questions
What loan programs do you offer?
We offer VA, FHA, USDA, Conventional, and New Construction loans to meet diverse homebuying needs across Iowa.
How long does the loan approval process take?
Our in-house underwriting averages less than three weeks from application completion to final approval.
Are you a mortgage broker or lender?
We are a direct mortgage lender (not a broker) with local decision-making authority for faster approvals.
Do you work with first-time homebuyers?
Yes, our loan officers specialize in guiding first-time buyers through the entire home purchasing process.
What areas do you serve?
We provide home loans throughout the State of Iowa with offices in Iowa City and Cedar Rapids.
Can veterans get special loan benefits?
Yes, we offer VA loans with no down payment requirements and preferential rates for qualified veterans.
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