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Solen, ND

The Best Mortgage Lenders in Solen, ND

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

3
Top Lenders
4.7
Avg Rating
590+
Reviews
8
Loan Types

Available Loan Programs in Solen

Conventional
FHA
VA
USDA
Jumbo
Refinance
ARM
Reverse Mortgages

Featured Mortgage Lenders

1

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage Corporation is a highly reputable lender with over two decades of experience, consistently earning top ratings for its exceptional customer service and competitive mortgage rates. They have a strong regional presence in North Dakota, with local offices in Fargo that serve Solen and surrounding rural areas. Known for their wide range of loan options and personalized approach, they are praised for making the mortgage process smooth and transparent, as reflected in hundreds of positive reviews highlighting their reliability and expertise in handling loans for diverse needs, including first-time homebuyers and refinancing.

Experience:28 years
Reviews:220 customer reviews
4501 23rd Ave S, Fargo, ND 58104

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.7/5

Movement Mortgage is a nationally recognized lender with a solid footprint in North Dakota, offering efficient and customer-focused mortgage services to Solen residents. Founded in 2008, they have built a reputation for fast closings, competitive rates, and a streamlined online application process. Their high customer satisfaction ratings stem from dedicated local loan officers who understand the unique aspects of rural and tribal lending in areas like Sioux County. With numerous reviews applauding their responsiveness and support, Movement Mortgage is a top choice for those seeking reliable and innovative mortgage solutions.

Experience:16 years
Reviews:180 customer reviews
1707 S Broadway St, Minot, ND 58701

Loan Types:

ConventionalFHAVAUSDAJumboARM
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3

New American Funding

New American Funding

★★★★☆
4.6/5

New American Funding is a well-established lender known for its inclusive approach and strong community involvement, serving Solen and broader North Dakota with a variety of mortgage products. Since 2003, they have excelled in providing competitive rates and flexible terms, particularly benefiting rural and underserved communities. Their high ratings and substantial review count underscore a commitment to customer satisfaction, with many clients praising their educational resources and attentive service. As a leader in diversity and innovation, they offer specialized programs that cater to a wide range of borrowers, making them a trusted option in the region.

Experience:21 years
Reviews:190 customer reviews
1401 38th St S, Fargo, ND 58103

Loan Types:

ConventionalFHAVAUSDAJumboReverse Mortgages
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Frequently Asked Questions

Common questions about mortgage lending in Solen, ND

What are the typical mortgage rates and down payment requirements for homes in Solen, ND?

Mortgage rates in Solen are generally competitive with national averages, but local lenders may offer slight variations. For the area's more affordable housing stock, down payments can often be as low as 3-5% for conventional loans, and many local USDA Rural Development loans require 0% down, as Solen is in an eligible rural area.

Are there any special first-time homebuyer programs or grants available specifically for Solen?

Yes, the North Dakota Housing Finance Agency (NDHFA) offers the "FirstHome" program, which provides affordable 30-year fixed-rate mortgages and down payment assistance to eligible first-time buyers in Solen. Additionally, Sioux County may have local housing initiatives, so checking with the city or county offices is recommended for any targeted assistance.

How does the appraisal process work for a home in a small, rural community like Solen?

Appraisals in Solen can be challenging due to fewer comparable home sales ("comps"). Lenders often need to use sales from a wider geographic area, including nearby towns like Fort Yates or even Standing Rock, which may extend the timeline. It's crucial to work with a lender experienced in rural North Dakota appraisals to ensure a smooth process.

What type of mortgage is most common for buying land or a home on acreage just outside Solen?

For properties with significant acreage (typically over 10 acres) outside city limits, a conventional loan may not suffice. A USDA Rural Development loan is a popular choice if the home is in an eligible area, or an FHA loan for smaller acreage. For raw land or construction, you would likely need a specialized land loan or construction-to-permanent mortgage from a local agricultural or community bank.

Are there any local lenders in Solen, or will I need to use a bank from a larger city?

While Solen itself has very limited banking institutions, many homebuyers successfully work with local community banks and credit unions based in nearby communities like Bismarck/Mandan or Dickinson that have extensive experience with mortgages in Sioux County. Establishing a relationship with a lender familiar with the local economy and property types is highly advantageous.

Mortgage Insights

Finding Your Perfect Mortgage Partner in Solen, North Dakota

Searching for "real estate lenders near me" is one of the most crucial steps in your homebuying journey, especially in a close-knit community like Solen, ND. While the digital search is a great start, the unique nature of our local market means your ideal lender isn't just about the lowest rate—it's about finding a partner who understands the specifics of rural Morton County and can guide you through a process that might be different from buying in a big city.

In Solen, the housing market is defined by its scale and character. You might be looking at a property with more land, a unique well or septic system, or a home that doesn't have a dozen comparable sales from the last six months. A local or regional lender who works extensively in southwestern North Dakota will understand these nuances. They know how to properly appraise rural properties and are familiar with the specific considerations of our area, from agricultural influences to the logistics of services. This local expertise can prevent unexpected hiccups during the appraisal and underwriting process.

Your search should include a mix of local institutions and lenders with a strong regional presence. Don't overlook community banks and credit unions based in nearby hubs like Bismarck or Mandan. These lenders often have a deep commitment to North Dakota residents and may offer more personalized service and flexibility. They are also keenly aware of state-specific programs that can benefit you.

Speaking of programs, North Dakota offers fantastic resources for homebuyers that a knowledgeable lender can help you access. The North Dakota Housing Finance Agency (NDHFA) provides programs like the Dakota Home mortgage, which offers competitive interest rates and down payment assistance for eligible buyers. There are also programs for veterans, teachers, and first responders. A lender familiar with these programs can be the key to unlocking significant savings and making homeownership more affordable right here in Solen.

Here is your actionable plan: First, expand your "near me" search to include lenders within a 50-mile radius who serve rural clients. Make a shortlist and then start asking pointed questions: "What is your experience with appraisals for properties on well and septic in Morton County?" "Can you walk me through the NDHFA programs I might qualify for?" "What is the typical timeline for closing on a rural property in this area?"

Finally, remember that in a small community, word-of-mouth is invaluable. Ask your real estate agent, friends, or neighbors in Solen about their experiences. A lender who comes highly recommended by someone who has already navigated the process locally is a tremendous asset. By choosing a lender who is not just geographically close but also experientially aligned with the Solen market, you secure more than a loan—you gain a trusted advisor for one of life's biggest investments.

Nearby Cities

Explore mortgage lenders in cities near Solen, ND

Why Choose a Mortgage Lender in Solen?

Local Market Knowledge

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