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Burlington, ND

The Best Mortgage Lenders in Burlington, ND

Compare verified mortgage lenders serving Burlington, North Dakota. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.8
Avg Rating
650+
Reviews
11
Loan Types

Available Loan Programs in Burlington

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
Construction-to-Permanent
Lot Loans
ARM
First-time Homebuyer

Featured Mortgage Lenders

1

Gate City Bank

Gate City Bank

★★★★☆
4.8/5

Gate City Bank is one of North Dakota's most trusted financial institutions with a century of service. While headquartered in Fargo, they have a strong presence in the Minot area and serve communities throughout North Dakota including Burlington. They're particularly renowned for their community-focused approach, competitive mortgage rates, and exceptional customer service. Their mortgage specialists have extensive experience with rural and small-town properties, making them an excellent choice for Burlington residents. They offer a comprehensive range of loan products with personalized service and local decision-making.

Experience:100 years
Reviews:200 customer reviews
1201 20th Avenue SW, Minot, ND 58701

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

First International Bank & Trust

First International Bank & Trust

★★★★☆
4.7/5

First International Bank & Trust has deep roots in North Dakota with multiple locations serving the Minot region and surrounding communities including Burlington. They're particularly strong in agricultural and rural lending, making them well-suited for the Burlington market. Their mortgage team provides personalized service with local underwriting and decision-making. Customers consistently praise their responsiveness, competitive rates, and expertise in handling unique property situations common in rural North Dakota. They offer both traditional and specialized loan programs with a focus on long-term customer relationships.

Experience:80+ years
Reviews:150 customer reviews
100 1st Street SW, Minot, ND 58701

Loan Types:

ConventionalFHAVAUSDAConstruction-to-PermanentLot LoansRefinance
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3

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation - Minot Branch

★★★★☆
4.9/5

Fairway Independent Mortgage Corporation's Minot branch serves the entire Minot metropolitan area including Burlington. As one of the nation's top mortgage lenders, they combine national resources with local expertise. Their Minot team has extensive experience serving rural communities and understands the unique aspects of North Dakota real estate. They're particularly noted for their efficient processing, competitive rates, and exceptional customer service. The local loan officers have deep community ties and specialize in helping buyers navigate the entire mortgage process from pre-approval to closing.

Experience:25+ years
Reviews:300 customer reviews
600 22nd Avenue NW, Suite 2A, Minot, ND 58703

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinanceFirst-time Homebuyer
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Frequently Asked Questions

Common questions about mortgage lending in Burlington, ND

What are the typical down payment requirements for homes in Burlington, ND, given the local market?

In Burlington's affordable market, many conventional loans are available with down payments as low as 3-5%. For the city's median home price, this translates to a very manageable upfront cost. Local lenders are also familiar with USDA Rural Development loans, which offer 0% down payment options for eligible properties and borrowers in this qualifying area.

Are there any local or state-specific first-time homebuyer programs that Burlington residents should know about?

Yes, the North Dakota Housing Finance Agency (NDHFA) offers several programs, like the FirstHome and HomeAccess programs, which provide competitive interest rates and down payment/closing cost assistance. These are excellent resources for Burlington buyers, as they are designed to serve communities of its size and can be paired with mortgages from local participating lenders.

How does the lack of a formal property tax credit in Burlington affect my monthly mortgage payment?

Unlike some larger North Dakota cities, Burlington does not have a specific city-run homestead credit. Your property taxes will be based on the assessed value of the home and the local mill levy. It's crucial to get a precise tax estimate from the Ward County Treasurer's office when budgeting, as property taxes will be a significant component of your escrowed monthly payment.

What type of property appraisals are common for Burlington's mix of older homes and new construction?

Appraisals in Burlington often require appraisers familiar with the area's unique comparables, blending older, well-maintained homes with newer builds. For USDA or FHA loans, the appraisal will include specific property condition requirements that are important to note for some of the city's historic housing stock. Using a local lender ensures they work with appraisers who understand this market.

Is homeowner's insurance more expensive in Burlington due to its location or climate?

Insurance costs in Burlington are generally reasonable but can be influenced by North Dakota's climate, including potential for hail and winter-related damage. Lenders will require a policy that covers these common perils. Shopping around with regional and local insurance providers is recommended to find the best rate, which directly impacts your total monthly mortgage payment.

Nearby Cities

Explore mortgage lenders in cities near Burlington, ND

Why Choose a Mortgage Lender in Burlington?

Local Market Knowledge

Lenders who understand Burlington's housing market can offer better guidance and competitive rates.

Multiple Loan Options

Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.

Proven Track Record

Work with lenders who have years of experience and hundreds of satisfied customers in North Dakota.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Burlington and get competitive rates on your home loan.