Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the Iowa before hiring.
Showing 4 mortgage lenders in Marion, IA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Farmers State Bank
1240 8th Ave, Marion, IA 52302
3193774891
Dupaco Community Credit Union
5970 Carlson Way, Marion, IA 52302
8003737600
US Bank Mortgage
895 31st St, Marion, IA 52302
8008722657
Universal Lending Corp. - Kirk Woltman
642 10th St #101, Marion, IA 52302
3193938338
What Does a Mortgage Lender in Marion Cost?
Typical costs for a mortgage lender in Iowa include an origination fee of 0.5 to 1 percent of the loan amount, appraisal fees of 400 to 600 dollars, and title insurance of 500 to 1,500 dollars. Closing costs in Iowa average 2 to 5 percent of the purchase price. These figures vary by loan type, property value, and lender. This is general information, not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What documents do I need for a mortgage loan in Marion Iowa?
You typically need proof of income, tax returns, bank statements, and identification. Iowa lenders also require a property appraisal and title search. Self-employed borrowers may need additional profit and loss statements.
Are there Iowa-specific mortgage programs for first-time buyers?
Yes, the Iowa Finance Authority offers programs like FirstHome and Homes for Iowans with down payment assistance. These programs have income limits and require a minimum credit score. They are available for properties in Marion and throughout the state.
How long does the mortgage process take in Iowa?
The process usually takes 30 to 45 days from application to closing. Iowa law requires a three-day rescission period for refinances but not for purchase loans. Delays can happen if appraisal or title work takes longer.