Renting vs Buying

RMN is here to help educate you on the options available to purchase a home. We are not a real estate company and we are not a “big bank!” We are a local mortgage bank that provides individuals with mortgage options in the state of Iowa.

Whether you have 20% down payment or no down payment, we offer options for fixed rate financing with competitive interest rates and closing costs. Don’t settle with only talking to your local bank – you might miss out!

The loan calculator on the right will help give you a quick overview of what your monthly mortgage cost could be. The financial cost-benefit of owning versus renting will depend on many different factors. Let your loan officer walk you through those details.

* Rate based on 2020 projected average rate. Rates/APRs vary by many factors, your loan officer will be able to give you a full quote. Sample APR is based on closing costs of $2,090. The APR you receive may be higher than illustrated, depending on loan balance, current guidelines and other factors.

Hannah Rager

Rated 2.00 out of 5

Jessica knows how to get the job done! She was prompt and professional from day one and went above and beyond to help us with any issues or questions that came up. I know why she is such a trusted figure, she really works hard so her clients can rest easy. We would absolutely recommend her and RMN to those looking for a mortgage.

Amanda Miller

Rated 2.00 out of 5

We had a wonderful experience with Jessica at RMN. She answered all of our questions and made sure we understood everything through the entire home buying process. Would highly recommend RMN.

Kelly Star

Rated 2.00 out of 5

RMN provided excellent service during my home buying process. They helped me during the entire home buying process through my first home purchase and now for my second. Jessica and Andrew both responded quickly to all of my endless questions. I would highly recommend them for your next home purchase!

Questions to Consider

How long will you stay in your home?

Do you have money for a down payment?

How is your credit?

How much can you afford each month?

Coralville Office

2461 10th Street, Ste 308
Coralville, Iowa 52241

(319) 354-7501

Cedar Rapids Office

1921 51st Street NE, Ste 7
Cedar Rapids, Iowa 52402

(319) 354-7501