The Best Mortgage Lenders in Streeter, ND
Compare verified mortgage lenders serving Streeter, North Dakota. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Streeter
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 North Dakota, including service to Streeter. Known for exceptional customer service and competitive rates, they have a 4.7-star rating from hundreds of reviews. Their experienced loan officers specialize in a wide range of loan types, and they are praised for their streamlined process and personalized support. With over 27 years in business, they maintain high standards for reliability and community involvement, making them a trusted choice for homebuyers in rural areas like Streeter.
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Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a highly reputable national mortgage lender with a dedicated office in Fargo that serves the Streeter area. They boast a 4.6-star rating due to their innovative digital tools, competitive rates, and efficient closing processes. With 23 years of experience, they offer a comprehensive suite of loan options and are known for their transparency and customer satisfaction. Their local agents provide personalized service, ensuring clients in smaller communities like Streeter receive attentive support throughout the mortgage journey.
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New American Funding
New American Funding
New American Funding is a leading mortgage lender with a strong regional presence in North Dakota, including service to Streeter. They have an impressive 4.8-star rating, driven by their commitment to diversity, competitive pricing, and exceptional customer care. With 20 years in the industry, they specialize in various loan programs and are noted for their efforts in supporting underserved communities. Their Fargo-based team ensures local expertise and reliable service, making them a top choice for homebuyers seeking flexibility and support in rural areas.
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Frequently Asked Questions
Common questions about mortgage lending in Streeter, ND
What are the typical mortgage rates and down payment requirements for homes in Streeter, ND?
Mortgage rates in Streeter are generally competitive with national averages, but local lenders may offer favorable terms due to the lower-risk, rural market. Down payments can often be as low as 3-5% for conventional loans, and USDA loans, which are highly relevant here, offer 0% down payment options for eligible properties and borrowers in this qualifying rural area.
Are there specific first-time homebuyer programs available for residents of Streeter?
Yes, the North Dakota Housing Finance Agency (NDHFA) offers the "FirstHome" program, which provides competitive interest rates and down payment/closing cost assistance to eligible first-time buyers in Streeter. Additionally, the "Start" program is a mortgage credit certificate that can reduce your federal tax liability, making homeownership more affordable on a monthly basis.
How does the appraisal process work for a home in a small town like Streeter, given the limited number of comparable sales?
Appraisals in Streeter can be challenging due to fewer recent sales ("comps"). Lenders and appraisers often need to look at sales in a wider geographic area, including nearby towns like Napoleon or Edgeley, and may make adjustments for property differences. It's wise to work with a local lender familiar with this process to ensure a smooth valuation.
Is a USDA Rural Development loan a good option for buying a home in Streeter?
Absolutely. Streeter is designated as a rural area by the USDA, making most properties eligible for their Section 502 Guaranteed Loan program. This is a premier option as it requires no down payment, has competitive interest rates, and allows for moderate income limits, which many Streeter households will qualify for.
What local lenders or banks in the Streeter area are most familiar with agricultural or large-lot property financing?
For financing homes on larger lots or with acreage—common in the Streeter area—local community banks and credit unions are experts. Institutions like American Bank Center (with a branch in nearby Napoleon) or First Community Credit Union have deep experience with the unique aspects of rural property loans, including well and septic considerations.
Why Choose a Mortgage Lender in Streeter?
Local Market Knowledge
Lenders who understand Streeter'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 Streeter and get competitive rates on your home loan.