The Best Mortgage Lenders in Dickinson, ND
Compare verified mortgage lenders serving Dickinson, North Dakota. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Dickinson
Featured Mortgage Lenders
Mortgage Loan Officer
Gateway Mortgage Group
Gateway Mortgage Group stands out as a top-rated mortgage lender in Dickinson with exceptional local presence and personalized service. As a division of Gateway First Bank, they bring substantial financial stability with over two decades of experience. Their Dickinson branch receives consistently high marks for responsive communication, competitive rates, and expertise with various loan programs including specialized options for veterans and rural homebuyers. Local customers praise their efficient processing and ability to guide first-time homebuyers through the entire mortgage process with clarity and professionalism.
Loan Types:
Mortgage Department
Capital Credit Union
Capital Credit Union has been serving western North Dakota communities since 1936, establishing deep roots and trust in the Dickinson area. Their mortgage division earns consistently excellent reviews for member-focused service and competitive rates exclusive to credit union members. Specializing in personalized mortgage solutions, they offer unique advantages like relationship discounts for existing members and specialized first-time homebuyer programs. Customers frequently mention their transparent process, local decision-making authority, and commitment to community development throughout western North Dakota.
Loan Types:
Mortgage Banking Team
Bremer Bank
Bremer Bank brings decades of regional banking expertise to Dickinson with a highly-rated mortgage division known for comprehensive service and local underwriting. As an established community bank with deep North Dakota roots, they offer the advantage of local decision-making combined with robust lending capabilities. Their mortgage team receives praise for expertise in construction lending and agricultural property financing, particularly valuable in the western ND market. Customers highlight their reliability, knowledgeable staff, and ability to handle complex mortgage scenarios while maintaining competitive rates and fees.
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Frequently Asked Questions
Common questions about mortgage lending in Dickinson, ND
Are there any special mortgage programs for first-time homebuyers in Dickinson, ND?
Yes, the North Dakota Housing Finance Agency (NDHFA) offers several programs, including the FirstHome program with competitive interest rates and down payment assistance, which is particularly beneficial in Dickinson's market. Additionally, some local lenders may offer their own first-time buyer incentives or grants tailored to the Bakken region's economic landscape.
How does the volatility of the local oil industry impact mortgage qualification and lending in Dickinson?
Lenders in Dickinson are very familiar with oil industry income, including bonuses and overtime, but they often require a two-year history in the industry to average that variable income for qualification. If your employment is tied to oil and gas, be prepared to provide extensive documentation to prove stable, long-term earning potential despite market fluctuations.
What are typical property taxes like for a home in Dickinson, and how do they affect my mortgage payment?
Stark County, where Dickinson is located, has property tax rates that are generally moderate for North Dakota. Taxes are calculated based on the assessed value, and lenders will include an estimated monthly amount in your total mortgage payment (escrow). It's wise to get a precise estimate for a specific property, as taxes can vary between neighborhoods.
Are USDA Rural Development loans available for homes in Dickinson, ND?
Yes, most of Dickinson and the surrounding area is eligible for USDA loans, which offer 100% financing with no down payment. This is a significant advantage given the city's classification, making homeownership more accessible. You should confirm the specific property address eligibility with a local lender familiar with the USDA maps for Stark County.
How competitive is the Dickinson housing market, and how should I prepare my mortgage pre-approval to make a strong offer?
While less frenzied than during the oil boom peaks, Dickinson's market remains competitive for well-priced homes. A full, verified pre-approval (not just a pre-qualification) from a reputable local lender is crucial to show sellers you are a serious and qualified buyer. Local lenders often have faster turnaround times and better understanding of area-specific appraisals, which can make your offer more attractive.
Why Choose a Mortgage Lender in Dickinson?
Local Market Knowledge
Lenders who understand Dickinson'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 Dickinson and get competitive rates on your home loan.