Waterloo, Iowa (IA) Mortgage Brokers : Home Loans Directory

Waterloo, Iowa (IA) Mortgage Brokers

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Below you will find a list of mortgage resources for Waterloo, Iowa. This list will help find mortage brokers in Waterloo, IA to assist you with your home loan needs.

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Below is a list of Mortgage Brokers - Mortgage Lenders in the Waterloo, IA area.

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Number1Mortgage

We specialize in Sub-prime financing. We have first and second mortgages as wellas Home Equity loans. We offer free applications and cover the whole state of Iowa.

Donald Mcclain - (P)866-776-2489 (F)319-234-5813

2747 University Ave - Waterloo, Iowa 50701

www.number1mortgage.com

Important Websites for Waterloo, Iowa

National Association of Mortgage Brokers

Mortgage Bankers Association

Iowa Division of Banking

NATIONAL AVERAGES	CURRENT	CHANGE

30 Yr Fixed	5.10%	-0.04%
15 Yr Fixed	4.83%	-0.08%
1 Yr ARM	4.85%	-0.10%
Fed Prime	3.25%	-0.75%
30 Yr Tres	3.07%	0.00%

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Important Information for the Waterloo, Iowa Area

County: Black Hawk Elevation: N/A ft Timezone: CST

Latittude: 42.49278 Longitude: -92.34278

How many people live in Waterloo (Population)? 68,747

How many homes are in Waterloo (Housing Units)? 29,499

What is the Population Per Square Mile? 1,132

How many Housing Units Per Square Mile? 486

How big is Waterloo, IA(Total Area)? 62 Sq M

How much water is in Waterloo (Water Area)? 1 Sq M

How much land is in Waterloo (Land Area)? 61 Sq M

**Informational Purposes Only - If you find incorrect information please email us.

Mortgage Tip #3: Consider a 15 Year Mortgage Over a 30 Year Mortgage

A 15 year mortgage will likely raise your monthly but can save you thousands in interest expense.

Example:

30 year mortgage on $150,000 at 6.5% - Over 30 years you will pay a total of $191,317 in interest.

15 year mortgage on $150,000 at 6.5% - Over 15 years you will pay a total of $85,199 in interest.

As you can see from this example the 15 year mortgage will save you $106,118.

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