The Best Mortgage Lenders in Casselton, ND
Compare verified mortgage lenders serving Casselton, North Dakota. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Casselton
Featured Mortgage Lenders
Gate City Bank Mortgage Team
Gate City Bank
Gate City Bank is one of North Dakota's most trusted and highest-rated mortgage lenders with deep roots in the Cass County community. As a local community bank with numerous branches throughout the region, they have exceptional knowledge of the Casselton and surrounding rural housing markets. Their mortgage team receives outstanding reviews for personalized service, competitive rates, and expertise with agricultural and rural property financing. They offer a comprehensive range of loan products and are particularly praised for their responsive communication throughout the entire mortgage process.
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North Star Mortgage
North Star Community Credit Union
North Star Community Credit Union operates a highly-regarded mortgage division that serves Casselton and throughout Cass County. As a member-owned financial institution, they consistently earn top marks for customer satisfaction and competitive mortgage rates. Their mortgage specialists are praised for taking time to educate borrowers and find the best loan options for their specific situations. They offer special first-time homebuyer programs and have extensive experience with rural North Dakota properties, making them an excellent choice for Casselton residents seeking personalized mortgage service.
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Wells Fargo Home Mortgage
Wells Fargo Bank, N.A.
Wells Fargo maintains a strong physical presence in the Fargo area with multiple branches that serve Casselton residents. As one of the nation's largest mortgage lenders, they offer comprehensive mortgage products and competitive rates backed by extensive resources and digital tools. Their local mortgage consultants have deep knowledge of the Cass County market and receive positive reviews for their professionalism and efficiency. While a national bank, their local Fargo team provides personalized service and understands the unique aspects of North Dakota's housing market, including rural property financing needs.
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Frequently Asked Questions
Common questions about mortgage lending in Casselton, ND
Are there any special mortgage programs for first-time homebuyers in Casselton, ND?
Yes, the North Dakota Housing Finance Agency (NDHFA) offers several programs, like the FirstHome program, which provides competitive interest rates and down payment assistance. These programs are available statewide, including in Casselton, and are particularly valuable given the area's relatively affordable housing market, helping buyers overcome initial cash barriers.
How do property taxes in Casselton impact my monthly mortgage payment?
Casselton is located in Cass County, which has property tax rates that are generally moderate for North Dakota. Your lender will estimate these taxes for escrow, and they are a key component of your PITI payment. It's wise to review the specific tax history of any property, as rates can vary slightly within the city limits and impact your overall affordability.
What is the typical down payment needed for a home in Casselton's market?
While 20% down is standard to avoid private mortgage insurance (PMI), many local lenders in the Casselton area work with buyers putting down as little as 3-5%, especially with conventional loans or through NDHFA programs. Given the median home price in Casselton is below the national average, saving for a down payment is often more achievable here than in larger metro areas.
Are USDA rural housing loans available for properties in Casselton, ND?
Yes, Casselton is eligible for USDA Rural Development loans, which offer 100% financing (no down payment) for qualified buyers and properties. This is a significant advantage for eligible homebuyers looking in Casselton, as it's designated a rural area by the USDA, making homeownership more accessible with favorable terms.
How does Casselton's proximity to Fargo influence mortgage lending and property values?
Casselton's location just 20 miles west of Fargo provides a "commuter town" benefit, often supporting stable property values and making it an attractive location for lenders. This stability can mean competitive mortgage rates from lenders familiar with the Cass County market, but appraisals will still carefully consider comparable sales within Casselton itself, not just the larger Fargo-Moorhead area.
Why Choose a Mortgage Lender in Casselton?
Local Market Knowledge
Lenders who understand Casselton'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 Casselton and get competitive rates on your home loan.