The Best Mortgage Lenders in Harvey, ND
Compare verified mortgage lenders serving Harvey, North Dakota. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Harvey
Featured Mortgage Lenders
Alerus Financial
Alerus Financial
Alerus Financial is a highly-rated regional bank headquartered in North Dakota, with over two decades of experience serving communities like Harvey. They are renowned for their competitive mortgage rates, personalized customer service, and strong local presence. Alerus offers a comprehensive range of loan products, including first-time homebuyer programs, and maintains excellent customer satisfaction scores due to their reliable processing and community-focused approach.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is a nationally acclaimed lender with a robust local branch in Bismarck that actively serves Harvey and surrounding areas. They are praised for their exceptional customer service, rapid loan processing, and competitive rates. With numerous industry awards and high review ratings, Fairway specializes in tailored mortgage solutions, including programs for first-time buyers, and has a reputation for transparency and reliability.
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Guaranteed Rate
Guaranteed Rate
Guaranteed Rate is a top-tier digital mortgage lender with a physical office in Fargo, providing efficient services to Harvey and across North Dakota. They are known for their technology-driven platform, which simplifies the application process, along with competitive rates and a wide array of loan options. With strong customer reviews highlighting their responsiveness and expertise, Guaranteed Rate combines digital convenience with local support for a seamless mortgage experience.
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Frequently Asked Questions
Common questions about mortgage lending in Harvey, ND
What are the current mortgage rates like in Harvey, ND, and how do they compare to state or national averages?
Mortgage rates in Harvey are typically very competitive and often slightly below national averages due to North Dakota's stable economy and strong local lending institutions. However, rates are ultimately set by national markets and your personal credit profile. It's advisable to check with local banks and credit unions in Harvey, like First International Bank & Trust or American Bank Center, for their specific rate sheets.
Are there any down payment assistance programs specifically for homebuyers in Harvey, ND?
Yes, homebuyers in Harvey can access the North Dakota Housing Finance Agency's (NDHFA) "HomeAccess" and "Start" programs, which offer competitive interest rates and down payment/closing cost assistance. These statewide programs are available to qualified buyers in Harvey, with specific benefits for first-time homebuyers, veterans, and those purchasing in targeted areas, which may include parts of Wells County.
How does the appraisal process work for a home in a small rural community like Harvey?
Appraisals in Harvey can present unique challenges due to the limited number of recent, comparable home sales ("comps") in the immediate area. Appraisers often need to look at properties in a wider radius, including nearby towns like Fessenden or Carrington, which can sometimes affect valuation. Working with a lender familiar with rural North Dakota properties is crucial to ensure a smooth appraisal process.
What types of properties might require special mortgage consideration in Harvey?
Given the agricultural surroundings, you may encounter properties with larger lots, acreages, or outbuildings that are not typical for a standard mortgage. Financing for homes on more than 10 acres may require a rural or agricultural loan product. Additionally, as Harvey has many older, charming homes, an FHA 203(k) renovation loan could be a useful tool for properties needing updates.
As a first-time homebuyer in Harvey, what should I know about local property taxes and insurance?
Property taxes in Harvey and Wells County are generally lower than national averages, which helps with overall housing affordability. However, it's important to factor in the potential cost of flood insurance, as parts of the area are near the Sheyenne River and may be in a FEMA Special Flood Hazard Area. Your lender will require a flood determination and possibly flood insurance as a condition of the loan.
Why Choose a Mortgage Lender in Harvey?
Local Market Knowledge
Lenders who understand Harvey'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 Harvey and get competitive rates on your home loan.