GreenState Credit Union surpasses $500 million in mortgage lending
GreenState Credit Union, which has a branch in Fort Dodge, has announced that it has made more than $500 million worth of mortgage loans to Black, indigenous and other Iowans of color.
Many Iowans are enjoying this holiday season in a new home, thanks to GreenState Credit Union’s goal of investing $1 billion in mortgage lending to those Iowans. Just three years into its ambitious 10-year goal to close the racial homeownership gap, GreenState announced it has surpassed the halfway mark.
Dubbed the H.O.M.E. Program (Helping Originate Minority Equity), GreenState has successfully assisted a total of 3,190 families in securing mortgage loans, amounting to more than $532 million in mortgages for Iowans of color.
In addition to modifying the loan approval process to make these loans more accessible, the GreenState Foundation has generously provided over $980,000 in down payment assistance grants to those who qualify. By offering this additional support, GreenState is helping to build stronger communities across the state.
“We are thrilled to celebrate the incredible milestone for our communities,” said Ryan Doehrmann, chief mortgage officer of GreenState Credit Union. “This achievement is a tribute to the dedication and hard work of our team, as well as the invaluable support from our community partners. We remain committed to our goal of making homeownership a reality for even more Iowans in the years to come, helping families build equity and generational wealth.”


