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Hawkeye Reporter

Wednesday, November 5, 2025

Number of VA loans issued in Iowa increased by 28% from Q2 2024 to Q2 2025

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Samuel Brown, Under Secretary for Memorial Affairs | Official Website

Samuel Brown, Under Secretary for Memorial Affairs | Official Website

The U.S. Department of Veterans Affairs (VA) issued 769 home loans in Iowa, totaling $218.3 million, during the second quarter of the fiscal year 2025, according to the Veterans Affairs Home Loans Index.

In the same quarter of the previous year, Iowa issued 601 home loans, totaling $153.7 million.

The VA assists service members, veterans and eligible surviving spouses to achieve homeownership through loans provided by banks and mortgage companies.

A portion of the loan is guaranteed by the VA, which allows the lender to provide better rates.

Several VA housing programs can help eligible individuals buy, build, or repair their homes. These include Purchase Loans, Interest Rate Reduction Refinance Loans (IRRRL), and Adapted Housing Grants, which are designed for veterans with service-connected disabilities.

VA Home Loans in Iowa (Q2 2024 vs. Q2 2025)
QuarterNumber of LoansTotal Loan Amount
Q2 2025769$218.3 million
Q2 2024601$153.7 million

Information in this article was obtained from the Veterans Affairs Home Loans Index. The source data can be found here.

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