Mortgage Loans

Perfect loan. Perfect home.

When you choose IHMVCU for your mortgage, you get more than a home loan.

Not just a mortgage.

It's where dreams become memories!

Questions?

Chat with one of our
mortgage loan experts

Whether you’re a first-time home buyer or you’re just looking for the perfect new home, we’re here to help. Mortgage loans don’t have to be complicated. When you choose IHMVCU for your mortgage, you get more than a home loan. You get a guide to walk you through the process, before, during and after the purchase.

OUR MORTGAGE LOANS FEATURE:

  • Low closing costs
  • Competitive rates
  • In-house processing and underwriting
  • Local servicing

Plus, you benefit from our convenient locations and a robust Online Branch experience, making it easy for you to stay in touch and keep track of your payments.

Find a Mortgage Loan Officer

And the winner is...

Congratulations to Julie, our 2019 $10,000 Mega Mortgage Sweepstakes winner!

Find your perfect loan

Conventional mortgages | Adjustable-rate mortgages (ARMs) | FHA, VA & USDA loans | No closing cost loans

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Conventional Loans

First-time home buyers:
97% max loan-to-value

Current homeowners:
95% max loan-to-value


  • Fixed rate mortgages
    (10, 15, 20, & 30 year terms)
  • Adjustable rate mortgages (5/1 ARM)
  • Construction loans
  • Investment property loans
  • Jumbo loans
  • Bridge loans
 

Mortgage Rates

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Government Loans*


FHA Financing (Federal Housing Authority)

  • 96.5% max loan-to-value
  • Available for lower FICO scores (580 minimum)

*Serviced through Plaza Home Mortgage

 

Mortgage Rates

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VA Loans*


  • Up to 100% max loan-to-value
  • Must be a Veteran to apply
*Veterans Affairs loans
 

Mortgage Rates

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USDA* Rural Development Loans


  • Up to 102% max loan-to-value
  • There are restrictions on income and area that property is located

*United States Department of Agriculture

 

Mortgage Rates

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Renovation/Home Improvement Loan


  • Improve outdated homes
  • Upgrade bathrooms, kitchens, and outdoor living spaces
  • Available for purchase or refinance
  • Up to 95% loan-to-value of completed value
  • No minimum repair amount

Mortgage Rates

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First-Time Home Buyers Program

 


Iowa Finance Authority (IFA) 

  • $2,500 in down payment or closing cost assistance
  • As little as 3% down required


Down Payment Plus (DPP)

Down payment match, up to three times buyer down payment contribution

 

Mortgage Rates

Meet your mortgage loan officers

Ready to get started?
Here's what you need.

Prequalification is the first step on your journey to home ownership. We make it easy to get there. We’re available over the phone, by email or by appointment. When possible, we can even provide same-day approval!

You'll need:

  • Two recent paystubs
  • Previous two years’ W2s and Federal tax returns
  • Two months’ checking and savings account statements
  • Child support order (if you’re required to pay)
  • Signed purchase contract

Apply for a mortgage

MORTGAGE CALCULATORS

Let us help you on your journey to home ownership. Use our calculators to help find your best options.

  • Calculate a Mortgage Payment
  • Rent or Buy?
  • Proceeds from Sale of a Home
  • Home Affordability
  • Compare Two Mortgage Loans
  • Adjustable-Rate Mortgage Analyzer
  • Time to Refinance?
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Third Party Disclaimer

By continuing you will be leaving the main IHMVCU website. Even though you may have clicked on a link that takes you to another company's site that we have partnered with, we are not responsible for the accuracy, security, or content of their website. We encourage you to view privacy and security disclosures of all websites you visit.

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