Mortgage in Clive, IA (2026)

Find the best mortgage rates in Clive, IA. The Clive housing market offers opportunities for first-time buyers and seasoned investors alike, with mortgage rates remaining competitive in 2026.

Compare Loan Offers in Minutes

See rates from multiple lenders without affecting your credit score. Fast, free, and secure.

Get Matched with Lenders →

Your information is encrypted and secure. By submitting, you agree to our Terms and Privacy Policy.

Clive Overview

Clive is a key market in Iowa with a population of 18,323 and a median household income of $55,000. The median home price stands at $180,000, shaping the local borrowing landscape.

Rates & Terms

Mortgage rates in Clive for 2026 range from approximately 6.5% to 7.5% for 30-year fixed loans, depending on credit score and down payment.

FHA loans in IA typically offer rates 0.25% to 0.50% higher than conventional loans but require only 3.5% down.

Requirements in Clive

Conventional mortgages in Clive typically require a minimum credit score of 620, a debt-to-income ratio below 43%, and stable employment history.

FHA loans in IA accept credit scores as low as 580 with 3.5% down, or 500-579 with 10% down.

Iowa Regulations

Iowa allows payday lending with regulated terms and fee structures.

  • Usury Limit: 12% (non-written), no limit (written)
  • Payday Lending: Legal, max $500

Local Market Insights

The median household income of $55,000 in Clive supports affordable mortgage payments for qualified buyers with good credit.

Clive has seen appreciating home values over the past year, making it a solid time to buy or refinance.

Borrowing Tips for Clive

  • Consider a 15-year mortgage if you can afford the higher payment; you will save massive interest over the loan life.
  • Lock your mortgage rate once you have a signed purchase agreement; rates can change daily and cost you thousands.
  • Improve your credit score by 20+ points before applying; even small improvements can lower your rate significantly.

Frequently Asked Questions

What is the current average mortgage rate in IA?

As of 2026, average 30-year fixed mortgage rates in IA range from 6.5% to 7.5%, while 15-year fixed rates range from 5.75% to 6.75%. Rates vary by lender and borrower profile.

How much down payment do I need for a house in Clive?

Conventional loans require 3-20% down, FHA loans require 3.5%, and VA loans require 0% down. The median down payment in Clive is approximately 10-15% of the purchase price.

Can I get a mortgage with student loan debt in Clive?

Yes, lenders factor your total debt-to-income ratio. Income-driven repayment plans on federal student loans can help keep your DTI within qualifying limits.

How long does mortgage approval take in Clive?

Most lenders can issue a conditional approval within 3-5 business days. Full loan approval and clear-to-close typically take 30-45 days from application.

Important Disclaimer

LoanMatchers is not a lender and does not make credit decisions. We connect consumers with licensed lending partners. All loan terms, rates, and fees are determined by the lender and are subject to credit approval. APRs range from 5.99% to 35.99%. Not all applicants will qualify for the lowest rates. This website provides general information and does not constitute financial, legal, or tax advice. Consult a qualified professional before making financial decisions. Rates and terms are accurate as of 2026 but subject to change without notice.