DES MOINES, Iowa, June 18, 2024 – To mark National Homeownership Month, U.S. Department of Agriculture (USDA) Rural Development State Director in Iowa Theresa Greenfield today announced the top five partner lenders in Iowa for the past year. These lenders helped rural families and individuals buy homes last year through USDA Rural Development’s Single Family Housing Guaranteed Loan Program.
“At USDA Rural Development, we know how important it is for people everywhere to have safe, affordable places to live, and we strive to equip potential homebuyers with all the information they need to use our housing programs,” said Director Greenfield. “I want to thank our partner lenders and recognize their dedication to helping Iowans achieve homeownership.”
The top five partner lenders in Iowa for the past year are Residential Mortgage Network Inc., Flanagan State Bank, United Bank of Iowa, Open Mortgage LLC, and Green State Credit Union.
Today’s news is part of a larger national announcement to note top lending partners across the country during National Homeownership Month.
National Home Ownership Month
USDA is a proud partner to all lenders who work with the Agency to support rural homeownership. Since January 2021, the Biden-Harris Administration has invested more than $43 billion to help nearly 266,000 families and individuals buy, repair, and build homes through Rural Development's Single-Family Housing programs.
USDA is also highlighting the ways homeownership programs have historically given people in rural America the opportunity to build wealth and equity, and a foundation for a brighter future for themselves and their families:
- Since 1949, USDA’s Single Family Housing Programs have helped nearly 5 million families and individuals achieve the dream of homeownership.
- Since the program’s inception, USDA's Single Family Direct Home Loans have helped approximately 2.2 million families and individuals purchase a home.
- Through the Single Family Home Repair Loan and Grant Program, USDA has helped nearly 455,000 individuals and families improve the quality of their homes since 1950.
- And since 1966, USDA’s Mutual Self-Help Housing Technical Assistance Grant Program has helped more than 56,000 families build their own homes.
Contact USDA Rural Development
USDA Rural Development has 11 offices across the state to serve the 1.3 million Iowans living in rural communities and areas. Office locations include a state office in Des Moines, along with area offices in Albia, Atlantic, Humboldt, Indianola, Iowa Falls, Le Mars, Mount Pleasant, Storm Lake, Tipton and Waverly.
To learn more about investment resources for rural areas in Iowa, call (515) 284-4663 or visit www.rd.usda.gov/ia. If you’d like to subscribe to USDA Rural Development updates, visit our GovDelivery subscriber page.
Under the Biden-Harris Administration, Rural Development provides loans and grants to help expand economic opportunities, create jobs, and improve the quality of life for millions of Americans in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety, and health care; and high-speed internet access in rural, Tribal, and high-poverty areas.
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USDA is an equal opportunity provider, employer and lender.