Personal loans in Mondamin, IA

Mondamin is a small community of about 337 residents, and a personal loan taken out here is governed by Iowa statute. An estimated 337 people make their home in Mondamin, a figure that ranks 538th in Iowa. A 2020-to-2023 comparison shows Mondamin down by about 0.3%. Lenders active in Mondamin report to a Iowa supervisor, identified in the sourced rows below. Read the disclosure for an origination fee and any prepayment penalty before signing in Mondamin. A larger market lies at Tekamah, NE about 11 miles away.

By the Personalloaner Editorial Team · Last updated 2026-09-16

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

What the Census records for Mondamin

Read the local figures below as context; read the sourced Iowa table as the rulebook a lender here must follow.

How Mondamin compares across Iowa

Mondamin is the 538th-largest of 940 Census places in Iowa and contains about 0.0% of the state's people. For population change between 2020 and 2023, Mondamin ranks 315th of 940 in Iowa (about the 66th percentile). Its roughly 746 residents per square mile place it 423rd among Iowa's places. Within 50 miles sit 55 smaller Census places, alongside the 72 that are larger.

What Iowa law requires in Mondamin

Below are the Iowa rules that apply to a loan made in Mondamin, each with the regulator that issued it.

RuleDetailSource
State lending regulatorIowa Division of Banking (IDOB), Iowa Department of Insurance and Financial Services
Source says: "As part of the 2023 state government realignment, the IDOB became part of a new Department of Insurance and Financial Services".
Iowa Division of Banking
as of 2026-09-16
Delayed deposit fee capFee cap: $15 on first $100 of check face amount; $10 on subsequent $100 increments
Source says: "fifteen dollars on the first one hundred dollars ... or more than ten dollars on subsequent one hundred dollar increments".
Iowa Legislature (Iowa Code)
as of 2026-09-16
Maximum legal interest rate (usury cap)2 percentage points above the monthly average 10-year U.S. Treasury constant maturity rate (written agreements)
Source says: "The maximum lawful rate of interest ... in any written agreement ... shall be two percentage points above the monthly average ten-year constant maturity interest rate".
Iowa Legislature (Iowa Code)
as of 2026-09-16

Land, water and location for Mondamin

The Census Gazetteer records about 0.5 square miles of land within Mondamin, with no significant water area listed. Spread across it are roughly 746 residents per square mile. The state's population centre of gravity, Des Moines, is roughly 125 miles away. Counting outward 50 miles, 72 larger communities surround Mondamin. Within the same 50 miles lie 55 smaller Census places.

What to do before borrowing in Mondamin

Complete these steps first when you borrow in Mondamin (337 residents):

  1. Pull your credit reports first and correct any error before a lender sees the file.
  2. Price the payment first with our personal loan calculator before any lender quotes you.
  3. Collect three or more offers and compare them on APR, not on the advertised rate.
  4. Look the lender up in the Iowa regulator's licence records before you sign.
  5. Weigh a shorter term's higher payment against the interest it saves.
  6. Borrow only what the purpose requires, not the maximum you are offered.
  7. Decide the purpose and how you will repay it before approaching any lender.

None of these steps is Mondamin-specific: the same Iowa licensing and disclosure rules reach all 337 residents.

Inside a Mondamin personal loan

A Mondamin personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 337 residents. The rate you see advertised is a range, not a promise, until a lender reviews your file in Mondamin. A longer term lowers the monthly payment on a Mondamin loan but raises total interest, so the smallest payment is not the cheapest loan.

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Mondamin if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Mondamin is the same as anywhere in Iowa.
What loan size can I expect in Mondamin?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Mondamin?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Mondamin cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

Nearby places

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