Top 3 Mortgage Lenders in Oak Island

Lake Area Mortgage is consistently rated as one of northern Minnesota's top mortgage lenders, serving the entire Lake of the Woods region including Oak Island. With nearly two decades of experience, they specialize in waterfront and rural property financing, offering personalized service and competitive rates. Their team has extensive knowledge of the unique requirements for island and recreational properties, making them particularly well-suited for Oak Island home purchases and refinances.

As a leading regional mortgage broker serving northern Minnesota and Wisconsin, American Mortgage of Duluth has extensive experience financing properties throughout the Lake of the Woods area. They are particularly skilled with vacation homes, cabin financing, and rural properties common to Oak Island. Their team offers access to multiple lenders and competitive rate options, with a reputation for excellent customer service and navigating complex waterfront property transactions.

Border State Bank has been serving northern Minnesota communities for over a century, with deep roots in the Lake of the Woods region. As a community bank, they offer personalized mortgage services and understand the unique needs of Oak Island property owners. Their local decision-making process and expertise with recreational properties, cabin loans, and waterfront financing make them an excellent choice for Oak Island residents seeking reliable, community-focused mortgage services with competitive local rates.