Securing a Mortgage for Your Iowa Home with Central Mortgage
Funding Iowa, with its diverse blend of cities like Des Moines, Cedar Rapids, Davenport, and Iowa City, offers something special for everyone. The state’s economy is bolstered by its robust manufacturing, agriculture sectors, and educational institutions like the University of Iowa and Iowa State University.
Thinking of moving to Iowa? Begin your mortgage application with Central Mortgage Funding today, and soon you’ll have a pre-approval letter ready as you explore potential homes!
Already a resident of the Hawkeye State and looking to increase your monthly savings? We also specialize in mortgage refinancing options.
Iowa Mortgage Rates and Trends
The pandemic led to historically low national mortgage rates, enabling millions to benefit from reduced borrowing costs.
Iowa’s mortgage rates have also seen this trend, though there have been gradual increases recently. Still, rates are low compared to historical standards, making it an opportune time for a free mortgage review. Opting for a review with Central Mortgage Funding could result in significant monthly savings.
Remember, factors like credit scores and debt-to-income ratio play a crucial role in determining mortgage rates. Working with a lender who can tailor the best loan program for your needs is key. We offer a variety of Iowa home mortgage options, including FHA, VA, Conventional, USDA, and more, all customizable to your needs.
Down Payment Assistance
Iowa homebuyers may be eligible for down payment assistance. If you’re looking to purchase a home in Iowa, let us guide you through the available options and grants*.
Be sure to inquire about:
- Dream Makers Grant
- Forgivable and non-forgivable second mortgages
- First-time home buyer incentives
- Closing cost assistance
- Tax credits
*The actual assistance amount may vary based on factors such as the purchase city, credit score, and other financial requirements. Down payment assistance programs are city and/or state initiatives, not funded by Central Mortgage Funding. A homebuyer education course may be required before applying.
Speak with our mortgage consultants about funding possibilities!
Refinancing Your Mortgage
- Is your monthly mortgage payment or interest rate higher than you’d like?
- Are you contending with high-interest debt?
- Or perhaps you’re aiming to be mortgage-free sooner?
If these questions resonate with you, it’s time for a free mortgage review with our Iowa mortgage consultants. Explore the advantages of mortgage refinancing, which could lead to savings of up to $1,000 a month. Central Mortgage Funding offers the flexibility to choose a loan term that suits your needs, starting at ten years.
Why Central Mortgage Funding?
As a national mortgage lender committed to affordable homeownership, Central Mortgage Funding offers competitive mortgage rates without any upfront fees. Our team of dedicated mortgage consultants is focused on creating the right loan program for your financial goals. We’ve streamlined the lending process online for a quicker and more convenient experience.
We believe in creating lasting relationships beyond transactions. We’re always here to answer any mortgage-related questions post-closing and assist with refinancing for better rates or cash-out options. We’re excited to start this lifelong journey with you!
Building Your Home Loan Together
To connect with an Iowa mortgage consultant at Central Mortgage Funding, call (833) 302-1032. We specialize in customizing any loan in the industry to meet your needs, ensuring the best service, lowest rates, and quickest closings. Discover how simple the process of mortgage refinancing or buying a new home can be with us!
Central Mortgage Funding is an Equal Housing Lender;
MBL-2081699966