The Best Mortgage Lenders in Halliday, ND
Compare verified mortgage lenders serving Halliday, North Dakota. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Halliday
Featured Mortgage Lenders
Gate City Bank Mortgage Team
Gate City Bank
As North Dakota's largest locally-owned bank, Gate City Bank has served communities across the state for over a century with exceptional mortgage services. They maintain a strong 4.8-star rating with hundreds of positive reviews praising their personalized service, competitive rates, and deep understanding of North Dakota's unique housing market. Their extensive branch network and digital capabilities make them accessible to Halliday residents, with specialized expertise in rural and agricultural property financing that's particularly valuable in western North Dakota.
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First International Bank & Trust Mortgage Division
First International Bank & Trust
First International Bank & Trust has built an outstanding reputation across North Dakota with 4.7-star ratings and extensive experience serving rural communities. They offer specialized agricultural and rural property lending programs that are ideal for Halliday area residents. Their mortgage team receives consistent praise for local decision-making, flexible underwriting, and understanding the unique needs of western North Dakota homeowners. With deep roots in the state since 1939, they provide reliable service and competitive mortgage products.
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Guild Mortgage Company - North Dakota Division
Guild Mortgage Company
Guild Mortgage brings national strength with local expertise, maintaining a strong 4.6-star rating and serving North Dakota communities including rural areas like Halliday. They specialize in various government-backed loans including USDA rural development loans that are particularly beneficial for Halliday residents. With over six decades of experience, they offer competitive rates, personalized service, and have local loan officers familiar with western North Dakota's housing market. Their extensive product portfolio and digital mortgage process make them accessible to borrowers throughout the region.
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Frequently Asked Questions
Common questions about mortgage lending in Halliday, ND
What are the typical mortgage rates available in Halliday, ND, and how do they compare to state averages?
Mortgage rates in Halliday are generally very competitive and often align with or slightly beat North Dakota's state averages due to the lower population density and cost of living. Local lenders, including community banks and credit unions, often offer favorable terms. It's wise to compare offers from a local institution in Dunn County with larger statewide or online lenders to secure the best rate.
Are there any down payment assistance or first-time homebuyer programs specifically for Halliday residents?
Yes, Halliday homebuyers have access to the North Dakota Housing Finance Agency (NDHFA) programs, which are available statewide. Key programs include the *FirstHome* loan with down payment and closing cost assistance, and the *Dakota* loan for military members and veterans. These programs are particularly impactful in Halliday, where they can stretch further due to the area's modest home prices.
How does the appraisal process work in Halliday given the rural property types and agricultural influences?
Appraisals in Halliday and surrounding Dunn County require appraisers familiar with rural properties, which may include acreages, older homes, or land with agricultural potential. Finding comparable sales ("comps") can take longer due to a lower volume of transactions, so buyers should build extra time into their closing timeline. Using a local lender who works with appraisers experienced in the area is crucial.
What should I know about property taxes and insurance when budgeting for a mortgage in Halliday?
Property taxes in Dunn County are a key component of your monthly mortgage escrow payment and can vary. Homeowners insurance in this rural area may be higher than in cities due to distance from fire hydrants and stations, so it's important to get quotes early. Additionally, if your property is outside city limits, you may need to consider separate well and septic system inspections, which can affect loan approval.
Are USDA Rural Development loans a common and good option for mortgages in Halliday, ND?
Absolutely. Given Halliday's location and population, most of the area qualifies for USDA Rural Development loans, which offer 100% financing (no down payment). This is one of the most popular and advantageous loan programs for eligible buyers in the area, as it directly supports homeownership in rural communities. Income limits apply, but many Halliday residents qualify.
Why Choose a Mortgage Lender in Halliday?
Local Market Knowledge
Lenders who understand Halliday'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 Halliday and get competitive rates on your home loan.