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Sharon, ND

The Best Mortgage Lenders in Sharon, ND

Compare verified mortgage lenders serving Sharon, North Dakota. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
354+
Reviews
8
Loan Types

Available Loan Programs in Sharon

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-time Homebuyer Programs
ARM

Featured Mortgage Lenders

1

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage is a top-rated lender with a strong local presence in North Dakota, serving Sharon and surrounding areas. Known for exceptional customer service, competitive rates, and a wide range of loan options, they have built a reputation for personalized guidance and efficient processing. Their long-standing experience and high customer satisfaction scores make them a reliable choice for homebuyers in the region.

Experience:28 years
Reviews:84 customer reviews
4501 13th Ave S, Fargo, ND 58103

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Movement Mortgage

Movement Mortgage

★★★★☆
4.7/5

Movement Mortgage is highly regarded for its streamlined online processes and dedicated local loan officers serving Sharon and nearby communities. They offer competitive rates, flexible loan programs, and a commitment to community involvement, resulting in strong customer reviews for responsiveness and support throughout the mortgage journey.

Experience:16 years
Reviews:120 customer reviews
2000 44th St SW, Fargo, ND 58103

Loan Types:

ConventionalFHAVAUSDARefinanceFirst-time Homebuyer Programs
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3

Guaranteed Rate

Guaranteed Rate

★★★★☆
4.6/5

Guaranteed Rate combines innovative technology with local expertise to serve Sharon and the broader North Dakota area. They are praised for competitive pricing, a wide array of loan options, and efficient service, backed by numerous positive reviews highlighting their professionalism and ease of use for both purchase and refinance transactions.

Experience:24 years
Reviews:150 customer reviews
123 Broadway N, Fargo, ND 58102

Loan Types:

ConventionalFHAVAJumboARMRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Sharon, ND

Are there any special mortgage programs for first-time homebuyers in Sharon, ND?

Yes, the North Dakota Housing Finance Agency (NDHFA) offers several programs, like the FirstHome program with competitive interest rates and down payment assistance, which are accessible to Sharon residents. These programs are particularly valuable in Sharon's market, where they can help bridge the gap for buyers with moderate incomes looking at the area's more affordable housing stock.

How do property taxes in Steele County affect my monthly mortgage payment in Sharon?

Steele County, which includes Sharon, has relatively low property tax rates compared to national averages, which helps keep escrow payments manageable. Your lender will estimate these taxes for your escrow account based on the assessed value of the Sharon property, and it's wise to verify the exact rate with the Steele County Treasurer's Office for accurate budgeting.

What is the typical down payment needed for a home in Sharon's real estate market?

While 20% down is standard to avoid private mortgage insurance (PMI), many lenders in the region offer conventional loans with as little as 3-5% down, especially given Sharon's lower median home prices. For the area's more affordable homes, local agricultural or community banks may also have flexible portfolio loan options with favorable terms for qualified buyers.

Are USDA rural development home loans available for properties in Sharon, ND?

Absolutely. Sharon is classified as a rural area by the USDA, making 100% financing through a USDA Section 502 Guaranteed Loan a viable option for eligible low-to-moderate income borrowers. This is a popular program in the area, as it requires no down payment for qualifying homes and borrowers, which is ideal for the town's setting.

How does Sharon's location and economy impact mortgage lending and appraisals?

Sharon's stable, agriculture-based economy and small population mean appraisals rely heavily on comparable sales from Sharon itself and nearby towns like Hope or Finley, which can sometimes limit comps. Lenders familiar with the region understand this dynamic and will work with appraisers who have local knowledge to ensure a fair valuation based on the unique, rural property market.

Mortgage Insights

Finding Your Mortgage Match: Why a Local Broker in Sharon, ND is Your Best Move

If you're starting the exciting journey to buy a home in Sharon, North Dakota, you've likely typed "mortgage broker near me" into a search bar. That instinct is spot on. While online lenders are a click away, partnering with a mortgage broker who knows Sharon and the surrounding Griggs County area can make all the difference in navigating our unique rural market.

In a smaller, close-knit community like Sharon, the housing inventory doesn't turn over as quickly as in big cities. You might be considering a classic farmhouse, a property with some acreage, or a home in town. A local mortgage broker understands the true value of these properties. They work with appraisers familiar with the area, ensuring the home you want is financed appropriately. They can also be invaluable if you're looking at a unique or non-standard property that might give a big-box lender pause.

Your search for a "mortgage broker near me" in Sharon should focus on finding a professional who is your guide, not just an application processor. Here’s your actionable plan:

First, ask about their experience with North Dakota-specific programs. The North Dakota Housing Finance Agency (NDHFA) offers fantastic programs like Start and Home for first-time homebuyers, which can provide competitive interest rates and down payment assistance. A broker based in North Dakota will know these programs inside and out and can tell you if you qualify, potentially saving you thousands.

Second, discuss rural lending nuances. Are you looking at a home with a well and septic system instead of city utilities? A local broker will know which lenders have the most favorable terms for these common rural situations. They also understand the seasonal income fluctuations that can come with agricultural or oil-related work common in the region, helping you present your finances in the best light.

Finally, think of your broker as your local connection. They can often recommend reputable home inspectors, insurance agents, and title companies they've worked with successfully on countless Sharon transactions. This network turns a complex process into a smoother, more coordinated effort.

Don't just settle for the first result in your "mortgage broker near me" search. Take the time to interview a couple of local professionals. Ask them: "How many loans have you closed in Griggs County?" and "Can you walk me through the NDHFA programs?" Their answers will tell you if they have the boots-on-the-ground expertise you need.

In Sharon, where word-of-mouth and trusted relationships mean everything, a local mortgage broker isn't just a service provider—they're a partner in putting down roots in our community. By choosing someone who knows our landscape, both literally and financially, you're securing more than a loan; you're gaining a knowledgeable advocate for your biggest investment.

Nearby Cities

Explore mortgage lenders in cities near Sharon, ND

Why Choose a Mortgage Lender in Sharon?

Local Market Knowledge

Lenders who understand Sharon'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 Sharon and get competitive rates on your home loan.