Innovative Mortgage Services has originated for licensed MLOs since 2004, and Iowa is one of the 25 states we serve. We give Iowa MLOs the compensation, products, and hands-on support to build the origination business they actually want — 100% remote-friendly, no quotas, no caps.
A compensation model and platform built for independent MLOs — not for a big-bank branch hierarchy.
Earn a flat 275 bps on every loan you fund. No tiers, no overlays on your pay, no slow climb up a comp grid — you keep the rest.
A single $695 transaction fee per closed loan. That is it. No hidden splits siphoning off your commission deal after deal.
Get paid within 24 hours of funding. Your commission shouldn't sit in someone else's account waiting on a pay cycle.
No minimum production requirements and no commission caps. Write the volume that fits your business and your life.
Originate on Arive from any device. Borrowers apply, upload documents, and consent to credit through a modern point-of-sale portal.
Licensed in Iowa and 24 other states. Keep your Iowa book and follow your borrowers and referral partners across state lines.
Innovative Mortgage Services, Inc. was established in 2004 and has spent more than two decades building an end-to-end origination platform for licensed MLOs across the United States. Iowa is one of the 25 states where our MLOs are licensed to do business, so an Iowa originator joining Innovative gets the same rich compensation and full product menu we are known for — without giving up the relationships and referral partners you have already built across the state.
Iowa is a steady, relationship-driven mortgage market, from first-time buyers in Des Moines, Cedar Rapids, and the Quad Cities to rural and small-town lending where local know-how matters. To compete and grow here, you need every product, sharp pricing, and a partner that pays you what you are worth on each loan. That is exactly the model we built: a flat 275 bps on every loan, one $695 transaction fee, and your commission in hand within 24 hours of funding — no quotas and no caps holding you back.
Whether you are a seasoned producer tired of giving away half your commission, or an established MLO who simply wants to keep more of what you earn, Innovative gives you the room to grow your Iowa book on your terms. Work 100% remote from your home office, lean on processing and onboarding support that genuinely cares about your success, and originate alongside 300+ MLOs backed by a management team with 75 years of combined mortgage experience.
No asterisks and no "up to." This is the plan every Innovative MLO works under, in Iowa and in all 25 states we serve.
You earn the same rich 275 basis points on every loan you fund — no tiers and no caps that shrink your pay as you produce more.
A single $695 transaction fee per closed loan covers your cost to originate with Innovative. You keep the rest of your commission.
Paid within 24 hours of funding so your cash flow keeps pace with your pipeline instead of trailing weeks behind it.
Plug your average loan amount and monthly units into our Pay Raise Calculator and watch the difference a flat 275 bps and a single $695 fee can make against the split you are working under today.
The headline figures are large for a reason: 275 bps is a genuinely rich rate, and when you stop surrendering a chunk of every commission, the gap adds up fast. Run your real numbers and decide for yourself.
Give your Iowa borrowers the right loan instead of forcing every deal through a single lender's box.
Close in Innovative's name and deliver to a deep menu of investors. Correspondent execution gives you control of the process and competitive pricing — without the overlays that cost you deals at a single-source shop.
Shop your loan across our wholesale lender relationships to find the best fit and the sharpest rate for each borrower. Brokering lets you serve clients other Iowa MLOs simply cannot.
Write loans with more than 100 lenders and investors. Conventional, FHA, VA, USDA, jumbo, non-QM and more — the breadth to say "yes" to the borrowers in front of you.
New Innovators get onboarding training, LOS training, pipeline support, and disclosure support from a team that wants you funding Iowa loans quickly and correctly.
We hold ourselves and our Innovators to attentive compliance, ethical origination, and heightened quality control.
Innovative is licensed to originate residential mortgage loans in Iowa and is one of 25 states where our MLOs can do business. For our company and individual MLO license numbers and any state-specific notices, please review our official State License Designations page.
You can verify Innovative Mortgage Services, Inc. and any of our licensed MLOs through the Nationwide Multistate Licensing System at NMLSConsumerAccess.org.
Equal Housing LenderThe company may or may not fund loans under the advertised program. Loans may be arranged with third-party providers. Innovative Mortgage Services, Inc. (NMLS #250769) is an Equal Housing Lender. Information on this page is intended for licensed mortgage professionals exploring an origination opportunity and does not constitute an offer to lend or a commitment to extend credit. All loans are subject to underwriting approval, applicable program guidelines, and state and federal law.
The support you expect, the compensation you deserve. Let's talk about your move to Innovative — interview us and see if we're the right fit for your Iowa business.