The Best Mortgage Lenders in Harwood, ND
Compare verified mortgage lenders serving Harwood, North Dakota. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Harwood
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a top-rated lender with a strong local presence in the Fargo area, serving Harwood residents with exceptional customer service and competitive rates. Founded in 1996, it has built a reputation for reliability, offering a wide range of loan options including government-backed and jumbo loans. With high customer satisfaction scores and numerous positive reviews highlighting their efficient processing and personalized support, Fairway is a trusted choice for homebuyers in the region. Their experienced loan officers provide tailored solutions, making them a standout in the North Dakota mortgage market.
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Alerus Financial
Alerus Financial
Alerus Financial is a highly regarded regional bank founded in 2000, offering comprehensive mortgage services to Harwood and surrounding areas. With a 4.6 rating from over 100 reviews, customers praise their competitive rates, local expertise, and seamless loan processes. Alerus provides a variety of loan types, including construction and refinance options, backed by a team of knowledgeable professionals. Their commitment to community involvement and customer-centric approach ensures a reliable and satisfying experience for homebuyers seeking financing in North Dakota.
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Movement Mortgage
Movement Mortgage
Movement Mortgage, founded in 2008, is a nationally recognized lender with a strong local footprint in Fargo, effectively serving Harwood clients. Rated 4.7 based on 150 reviews, they are known for their fast closings, competitive rates, and excellent customer service. Specializing in a broad array of loan products, including jumbo and government loans, Movement emphasizes transparency and community support. Their dedicated local team ensures personalized attention, making them a preferred choice for borrowers seeking efficient and trustworthy mortgage solutions in the region.
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Frequently Asked Questions
Common questions about mortgage lending in Harwood, ND
What are typical down payment requirements for homes in Harwood, ND, given its rural setting?
While standard loans often require 3-5% down, many lenders in the Harwood area are familiar with USDA Rural Development loans, which offer 0% down payment options for eligible borrowers and properties. This is a significant advantage in this community, as most of the area qualifies for this federal program, making homeownership more accessible.
Are there any local or state-specific first-time homebuyer programs available in Harwood?
Yes, the North Dakota Housing Finance Agency (NDHFA) offers several programs, like the FirstHome and HomeAccess loans, which provide competitive interest rates and down payment assistance. These programs are available statewide, including in Harwood, and can be combined with the city's affordable home prices for a powerful first-time buyer advantage.
How does Harwood's proximity to Fargo affect mortgage rates and lender options?
Being just 15 minutes north of Fargo is a major benefit. Homebuyers in Harwood have easy access to the large, competitive Fargo lending market, which often results in more favorable rates and a wider variety of lenders and credit unions to choose from, compared to more isolated rural towns.
What should I know about property taxes and insurance when calculating my mortgage payment in Harwood?
Cass County property taxes are a key component. While generally lower than national averages, they should be factored accurately into your escrow payment. Furthermore, due to the rural location and potential for severe weather, lenders will require comprehensive homeowner's insurance, which may include flood insurance if the property is in a designated zone near the Red River.
Are there special mortgage considerations for buying acreage or a farmstead in the Harwood area?
Absolutely. Purchasing property with more than a few acres often requires a different loan product, such as a rural or agricultural loan, which may have different down payment and qualification standards. It's crucial to work with a local lender experienced in Cass County who understands how to appraise and finance land and outbuildings correctly.
Nearby Cities
Explore mortgage lenders in cities near Harwood, ND
Why Choose a Mortgage Lender in Harwood?
Local Market Knowledge
Lenders who understand Harwood'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 Harwood and get competitive rates on your home loan.