Mortgage Lenders in Minot, ND
Browse mortgage lenders serving Minot, North Dakota. Contact information and addresses listed below.
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the
State Mortgage Licensing Authority of North Dakota before hiring.
Showing 17 mortgage lenders in Minot, ND
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Mortgage lenders in Minot, North Dakota help home buyers and homeowners secure financing for property purchases and refinancing. North Dakota law requires lenders to be licensed through the North Dakota Department of Financial Institutions. Local lenders understand the Minot housing market and can guide you through the loan process from pre approval to closing.
What Does a Mortgage Lender in Minot Cost?
Typical costs for a mortgage lender in North Dakota include an origination fee of 0.5 to 1.0 percent of the loan amount, an appraisal fee of 400 to 700 dollars, and a credit report fee of 30 to 50 dollars. Closing costs generally range from 2 to 5 percent of the purchase price. These costs vary by lender, loan type, and property. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What license do mortgage lenders need in North Dakota?
Mortgage lenders in North Dakota must hold a license from the North Dakota Department of Financial Institutions under North Dakota Century Code Chapter 13-04.1. This ensures they follow state regulations for loan origination and servicing.
What is the typical down payment for a home in Minot?
Down payment amounts vary by loan type. Conventional loans often require 5 to 20 percent down. FHA loans may allow as little as 3.5 percent down. USDA loans in eligible rural areas near Minot can require zero down payment.
How long does the mortgage process take in North Dakota?
The mortgage process in North Dakota typically takes 30 to 45 days from application to closing. This timeline includes appraisal, underwriting, and final approval. Delays can occur if additional documentation is needed.
Mortgage Lenders in Other North Dakota Cities
Bismarck · Fargo · Grand Forks · Lincoln · West Fargo · Williston