Vote now for your Board of Directors
Voting is open for our 2021 Board of Directors election! Voting opens on March 19th and closes on April 15th. Final voting and results will be announced at the 82nd Annual Meeting on Tuesday, April 20th at 7:00 pm. The meeting will be held virtually, register to attend GreenState's Annual Meeting.
GreenState is the #1 home loan lender in Iowa 1. We offer low fixed rates, low fees, up to 100% financing, and local processing and underwriting.
GreenState has a strong culture of service and dedication to our members.
Meet our GreenState Mortgage Team and find out what we're all about!
GreenState offers a variety of loan programs including fixed-rate and adjustable loans to meet your needs. We have programs for first time home buyers and even offer ways to avoid Private Mortgage Insurance (PMI).
Well qualified buyers may be eligible for 0% down loans in select loan programs.
Whether you need time for new construction to be completed or just need the certainty of locking in your interest rate range for you new home search, extended rate-lock options up to 360 days are available.
Prospective borrowers can reach our mortgage department at 877-527-3510
We offer fixed and adjustable rate loans, plus programs for first time homebuyers and more.
GreenState offers fixed-rate mortgage loans through several vendors so we can lock in the lowest rate possible for you. We have programs for first time homebuyers and even offer ways to avoid Private Mortgage Insurance (PMI).
GreenState offers in-house adjustable-rate products if you need 100% financing or don’t plan to stay in your home long-term. We even offer ways to avoid Private Mortgage Insurance (PMI).
Find the mortgage that's right for you.
This program provides loans for low to moderate income families in rural Iowa achieve their dream of home ownership. Up to 100% financing is available.
We’re proud to offer VA Loans for American Veterans and eligible surviving spouses.
The Federal Housing Administration has helped low to moderate income buyers become homeowners since 1934. FHA loans are insured by the federal government which helps you get a better deal including down payments as low as 3.5%, low closing costs and easier credit qualifications.
For borrowers needing a loan amount greater than $484,350 GreenState offers Jumbo Mortgage loans with a low fixed rate and no 1% origination fee.
Did you know? GreenState offers checking accounts with no balance or activity requirements and no monthly service fees.
Let’s look at an example of someone who has 25 years remaining on their 30 year fixed rate loan. We’ll assume the original loan amount was $150,000 and the rate is 3.875%. What if they switched to the Freedom program?
25 years remaining on a 30 year loan of $150,000 | Switching to the Freedom-in-15 at 3.50% | Switching to the Freedom-in-10 at 3.50% | |
Remaining Balance | $135,395.50 | $135,395.50 | $135,395.50 |
Principal & Interest payment | $705.36 | $967.83 | $1,338.87 |
Interest due in remaining term | $76,211.19 | $38,829.88 | $25,268.92 |
Paid off in… | 25 years | 15 years | 10 years |
TOTAL SAVINGS | $37,381.31 | $50,942.26 |