The Best Mortgage Lenders in Regent, ND
Compare verified mortgage lenders serving Regent, North Dakota. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Regent
Featured Mortgage Lenders
Gate City Bank Mortgage Team
Gate City Bank
Gate City Bank is one of North Dakota's most trusted mortgage lenders with a strong presence in southwestern North Dakota. While headquartered in Fargo, they have multiple branches serving the Regent area including their Dickinson location. They're particularly known for exceptional customer service, competitive rural housing loans, and their deep commitment to North Dakota communities. Their mortgage specialists have extensive experience with agricultural and rural property financing, making them an ideal choice for Regent residents.
Loan Types:
First International Bank & Trust Mortgage Division
First International Bank & Trust
First International Bank & Trust has deep roots in western North Dakota with their Dickinson branch conveniently located to serve Regent and surrounding communities. They specialize in rural mortgage lending and have particular expertise with USDA loans, which are highly relevant for Regent area properties. Their local loan officers understand the unique needs of rural North Dakota homebuyers and offer personalized service with quick decision-making. They're known for their competitive rates and flexible underwriting for agricultural communities.
Loan Types:
Wells Fargo Home Mortgage - Dickinson
Wells Fargo Bank, N.A.
Wells Fargo maintains a strong physical presence in Dickinson with experienced mortgage professionals who regularly serve the Regent area. As one of the nation's largest mortgage lenders, they offer competitive rates and a wide variety of loan products specifically designed for rural markets. Their local team has extensive knowledge of Stark County and surrounding areas, and they offer special programs for rural property financing. Despite being a national bank, their Dickinson location provides personalized local service with the resources of a major financial institution.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Regent, ND
What are the typical mortgage rates and down payment expectations for a home in Regent, ND?
Mortgage rates in Regent are generally competitive with national averages, but local lenders may offer slightly favorable terms due to the lower-risk, rural market. Down payments can often be as low as 3-5% for conventional loans, and many local properties are priced accessibly enough for a 20% down payment to be a realistic goal for buyers, helping to avoid Private Mortgage Insurance (PMI).
Are there any North Dakota or local programs to help with down payment assistance for homes in Regent?
Yes, the North Dakota Housing Finance Agency (NDHFA) offers several programs, like the *FirstHome* and *Start* programs, which provide competitive interest rates and down payment/closing cost assistance for eligible first-time and repeat buyers in Regent. These are particularly valuable given the area's median income levels and can make homeownership significantly more accessible.
How does the appraisal process work for a unique or older property in a small town like Regent?
Appraising unique, older, or agricultural-adjacent properties in Regent can require a lender who uses an appraiser familiar with the local market and property types in Hettinger County. It's important to work with a local lender who understands the comparable sales in the area, as values are not driven by high-volume transactions like in urban markets.
What should I know about property taxes and insurance when calculating my monthly mortgage payment in Regent?
Property taxes in Hettinger County and Regent are relatively moderate compared to national averages, which helps keep overall monthly payments affordable. For insurance, you'll need to factor in homeowners insurance, and if your property is outside city limits, you may also require separate agricultural or acreage liability coverage, which your lender can help you account for.
Is a USDA Rural Development loan a good option for buying a home in or near Regent?
Absolutely. Regent is located in an area that is almost certainly eligible for USDA Rural Development loans, which offer 100% financing (no down payment) for qualified buyers. This is one of the most advantageous programs for Regent homebuyers, given the town's population and rural character, making it a top program to explore with a participating local lender.
Why Choose a Mortgage Lender in Regent?
Local Market Knowledge
Lenders who understand Regent'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 Regent and get competitive rates on your home loan.