Yes: in Iowa, mortgage loan officers need a state license issued by the Iowa Division of Banking (Iowa Department of Inspections, Appeals, and Licensing). You can check a name yourself on NMLS Consumer Access.
Mortgage loan officers in Iowa: what buyers ask
What first-time buyer programs does Iowa offer?
In Iowa, the Iowa Finance Authority (IFA) offers FirstHome buyers a $2,500 grant or a second loan of up to 5% of the price with no monthly payment.
What does an FHA loan require?
FHA loans need 3.5% down with a 580 credit score. Upfront mortgage insurance is 1.75% and the annual premium is 0.55% at 96.5% LTV.
Check a mortgage loan officer yourself
- License required · Iowa Division of Banking (Iowa Department of Inspections, Appeals, and Licensing)
- Titles you will see: Mortgage loan originator
- Check a name yourself: NMLS Consumer Access (we could not open this search page ourselves)
The 10 sectors of Des Moines
ZIP 50317 · ZIP 50315 · ZIP 50310 · ZIP 50320 · ZIP 50316 · ZIP 50312 · ZIP 50311 · ZIP 50314 · ZIP 50309 · ZIP 50321