Top Mortgage Lenders in the Fargo, ND area

Which mortgage lender in the Fargo, ND area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Fargo, ND area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Fargo, ND area is Gate City Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.08%. This means that Gate City Bank provided a -0.08% lower interest rate for its customers than other lenders in Fargo, ND for a similar set of borrowers. Gate City Bank has a market share of 19.2%. It is the most popular lender in the area.

Our detailed rankings of the mortgage lenders for the Fargo, ND area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Fargo, ND is Gate City Bank. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is Us Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Town & Country Credit Union. The cheapest VA mortgage provider is First International Bank & Trust. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gate City Bank 1, -0.08% 19.17%
Bell Bank 2, -0.07% 17.17%
Town & Country Credit Union 3, -0.06% 6.63%
BlackRidgeBANK 4, -0.02% 3.19%
Capital Credit Union 5, -0.02% 0.73%
Valley Mortgage, Inc 6, -0.01% 7.29%
Choice Financial Group 7, -0.00% 0.80%
Affinity Plus Federal Credit Union 8, 0.02% 0.84%
Alerus Financial 9, 0.02% 2.78%
First International Bank & Trust 10, 0.02% 6.26%
Us Bank 11, 0.03% 3.85%
First Community Credit Union 12, 0.05% 2.96%
Western State Bank 13, 0.05% 4.26%
Ark-La-Tex Financial Services 14, 0.06% 0.96%
Bremer Bank 15, 0.08% 4.46%
Guaranteed Rate Inc 16, 0.08% 1.14%
Wells Fargo Bank 17, 0.08% 6.28%
Caliber Home Loans Inc 18, 0.09% 3.87%
TCF National Bank 19, 0.10% 2.82%
Quicken Loans 20, 0.25% 4.55%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Bell Bank 1, -0.06% 18.17%
Town & Country Credit Union 2, -0.03% 6.95%
Gate City Bank 3, -0.03% 18.13%
Capital Credit Union 4, -0.03% 0.64%
Us Bank 5, -0.03% 3.87%
Alerus Financial 6, -0.01% 2.65%
First Community Credit Union 7, -0.01% 2.54%
Valley Mortgage, Inc 8, -0.01% 9.24%
Choice Financial Group 9, -0.00% 0.82%
Wells Fargo Bank 10, 0.00% 5.73%
First International Bank & Trust 11, 0.02% 6.09%
BlackRidgeBANK 12, 0.03% 3.08%
Affinity Plus Federal Credit Union 13, 0.04% 0.57%
Ark-La-Tex Financial Services 14, 0.06% 1.15%
Western State Bank 15, 0.07% 4.59%
Guaranteed Rate Inc 16, 0.09% 1.47%
Caliber Home Loans Inc 17, 0.09% 4.59%
Bremer Bank 18, 0.09% 4.55%
TCF National Bank 19, 0.11% 3.69%
Quicken Loans 20, 0.11% 1.47%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gate City Bank 1, -0.16% 20.99%
Town & Country Credit Union 2, -0.12% 6.06%
BlackRidgeBANK 3, -0.09% 3.37%
Bell Bank 4, -0.09% 15.43%
Valley Mortgage, Inc 5, -0.05% 3.87%
Choice Financial Group 6, -0.00% 0.75%
Affinity Plus Federal Credit Union 7, 0.01% 1.31%
Capital Credit Union 8, 0.01% 0.87%
Western State Bank 9, 0.01% 3.69%
First International Bank & Trust 10, 0.02% 6.56%
Guaranteed Rate Inc 11, 0.02% 0.56%
Bremer Bank 12, 0.05% 4.31%
Ark-La-Tex Financial Services 13, 0.05% 0.62%
Caliber Home Loans Inc 14, 0.07% 2.62%
Alerus Financial 15, 0.08% 3.00%
TCF National Bank 16, 0.08% 1.31%
First Community Credit Union 17, 0.11% 3.69%
Us Bank 18, 0.13% 3.81%
Wells Fargo Bank 19, 0.19% 7.25%
Quicken Loans 20, 0.28% 9.93%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gate City Bank 1, -0.09% 21.01%
Bell Bank 2, -0.08% 18.58%
Town & Country Credit Union 3, -0.04% 5.54%
Valley Mortgage, Inc 4, -0.03% 6.10%
BlackRidgeBANK 5, -0.02% 2.99%
Capital Credit Union 6, -0.01% 0.64%
Choice Financial Group 7, 0.00% 0.98%
Affinity Plus Federal Credit Union 8, 0.02% 1.01%
Alerus Financial 9, 0.03% 3.05%
Us Bank 10, 0.04% 4.00%
First International Bank & Trust 11, 0.04% 6.04%
First Community Credit Union 12, 0.05% 3.25%
Western State Bank 13, 0.06% 3.81%
Ark-La-Tex Financial Services 14, 0.07% 0.87%
Guaranteed Rate Inc 15, 0.08% 0.76%
Bremer Bank 16, 0.08% 4.42%
Wells Fargo Bank 17, 0.09% 7.50%
TCF National Bank 18, 0.12% 2.46%
Caliber Home Loans Inc 19, 0.14% 2.74%
Quicken Loans 20, 0.30% 4.25%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Bell Bank 1, -0.08% 19.78%
Gate City Bank 2, -0.04% 20.01%
Capital Credit Union 3, -0.04% 0.47%
Us Bank 4, -0.03% 4.14%
Valley Mortgage, Inc 5, -0.02% 7.77%
First Community Credit Union 6, -0.02% 2.70%
Alerus Financial 7, -0.02% 2.89%
Choice Financial Group 8, 0.00% 1.07%
Wells Fargo Bank 9, 0.01% 7.07%
Town & Country Credit Union 10, 0.02% 5.63%
Affinity Plus Federal Credit Union 11, 0.04% 0.70%
BlackRidgeBANK 12, 0.04% 3.02%
First International Bank & Trust 13, 0.04% 5.91%
Ark-La-Tex Financial Services 14, 0.07% 1.07%
Western State Bank 15, 0.09% 4.19%
Bremer Bank 16, 0.09% 4.56%
Guaranteed Rate Inc 17, 0.10% 0.98%
TCF National Bank 18, 0.12% 3.26%
Quicken Loans 19, 0.13% 1.35%
Caliber Home Loans Inc 20, 0.15% 3.44%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gate City Bank 1, -0.17% 22.53%
Town & Country Credit Union 2, -0.14% 5.40%
BlackRidgeBANK 3, -0.11% 2.95%
Bell Bank 4, -0.09% 16.77%
Valley Mortgage, Inc 5, -0.06% 3.58%
Choice Financial Group 6, -0.00% 0.84%
Capital Credit Union 7, 0.01% 0.91%
Affinity Plus Federal Credit Union 8, 0.01% 1.47%
Western State Bank 9, 0.01% 3.23%
Guaranteed Rate Inc 10, 0.02% 0.42%
First International Bank & Trust 11, 0.03% 6.25%
Bremer Bank 12, 0.06% 4.21%
Ark-La-Tex Financial Services 13, 0.06% 0.56%
Alerus Financial 14, 0.08% 3.30%
TCF National Bank 15, 0.09% 1.26%
Caliber Home Loans Inc 16, 0.12% 1.68%
First Community Credit Union 17, 0.12% 4.07%
Us Bank 18, 0.14% 3.79%
Wells Fargo Bank 19, 0.19% 8.14%
Quicken Loans 20, 0.34% 8.63%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Town & Country Credit Union 1, -0.15% 14.14%
First International Bank & Trust 2, -0.04% 5.53%
Capital Credit Union 3, -0.04% 1.43%
BlackRidgeBANK 4, -0.03% 3.48%
Alerus Financial 5, -0.01% 1.64%
Caliber Home Loans Inc 6, -0.01% 6.56%
Wells Fargo Bank 7, 0.01% 0.20%
Us Bank 8, 0.01% 1.02%
Western State Bank 9, 0.01% 7.38%
Gate City Bank 10, 0.02% 10.66%
Valley Mortgage, Inc 11, 0.02% 14.96%
Ark-La-Tex Financial Services 12, 0.02% 1.43%
Bell Bank 13, 0.03% 10.45%
First Community Credit Union 14, 0.04% 2.25%
Quicken Loans 15, 0.06% 5.53%
Guaranteed Rate Inc 16, 0.08% 3.28%
TCF National Bank 17, 0.08% 4.92%
Bremer Bank 18, 0.09% 5.12%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Town & Country Credit Union 1, -0.16% 13.43%
First International Bank & Trust 2, -0.04% 6.25%
Capital Credit Union 3, -0.04% 1.62%
BlackRidgeBANK 4, -0.04% 3.01%
Alerus Financial 5, -0.01% 1.85%
Caliber Home Loans Inc 6, -0.01% 6.48%
Us Bank 7, 0.01% 0.93%
Wells Fargo Bank 8, 0.01% 0.23%
Western State Bank 9, 0.02% 7.18%
Gate City Bank 10, 0.02% 11.11%
Valley Mortgage, Inc 11, 0.02% 15.97%
Ark-La-Tex Financial Services 12, 0.02% 1.62%
Bell Bank 13, 0.03% 11.81%
First Community Credit Union 14, 0.05% 2.31%
Quicken Loans 15, 0.08% 1.85%
Guaranteed Rate Inc 16, 0.08% 3.70%
TCF National Bank 17, 0.09% 5.32%
Bremer Bank 18, 0.09% 5.32%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Town & Country Credit Union 1, -0.09% 19.64%
Gate City Bank 2, -0.01% 7.14%
BlackRidgeBANK 3, -0.01% 7.14%
First Community Credit Union 4, -0.01% 1.79%
Western State Bank 5, 0.00% 8.93%
Bremer Bank 6, 0.01% 3.57%
Caliber Home Loans Inc 7, 0.01% 7.14%
TCF National Bank 8, 0.02% 1.79%
Us Bank 9, 0.02% 1.79%
Valley Mortgage, Inc 10, 0.03% 7.14%
Quicken Loans 11, 0.04% 33.93%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.03% 23.08%
Wells Fargo Bank 2, -0.01% 3.85%
Gate City Bank 3, -0.01% 17.31%
Caliber Home Loans Inc 4, -0.01% 1.92%
Bremer Bank 5, -0.00% 9.62%
Affinity Plus Federal Credit Union 6, -0.00% 1.92%
Guaranteed Rate Inc 7, 0.00% 1.92%
Valley Mortgage, Inc 8, 0.01% 1.92%
Alerus Financial 9, 0.01% 1.92%
Town & Country Credit Union 10, 0.01% 1.92%
BlackRidgeBANK 11, 0.02% 3.85%
Bell Bank 12, 0.03% 30.77%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.04% 25.00%
Gate City Bank 2, -0.01% 19.44%
Wells Fargo Bank 3, -0.01% 5.56%
Caliber Home Loans Inc 4, -0.01% 2.78%
Bremer Bank 5, -0.00% 2.78%
Affinity Plus Federal Credit Union 6, 0.00% 2.78%
Guaranteed Rate Inc 7, 0.01% 2.78%
Alerus Financial 8, 0.02% 2.78%
Town & Country Credit Union 9, 0.02% 2.78%
BlackRidgeBANK 10, 0.02% 5.56%
Bell Bank 11, 0.04% 27.78%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gate City Bank 1, -0.02% 12.50%
Bremer Bank 2, -0.01% 25.00%
Valley Mortgage, Inc 3, 0.00% 6.25%
Us Bank 4, 0.01% 18.75%
Bell Bank 5, 0.01% 37.50%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First International Bank & Trust 1, -0.05% 11.51%
BlackRidgeBANK 2, -0.03% 5.04%
Town & Country Credit Union 3, -0.02% 8.27%
Bell Bank 4, -0.02% 8.27%
Gate City Bank 5, -0.02% 10.79%
First Community Credit Union 6, -0.01% 1.08%
Valley Mortgage, Inc 7, -0.00% 10.07%
Western State Bank 8, -0.00% 5.40%
Caliber Home Loans Inc 9, 0.00% 14.03%
Wells Fargo Bank 10, 0.01% 1.80%
Capital Credit Union 11, 0.01% 0.72%
Guaranteed Rate Inc 12, 0.01% 2.16%
Alerus Financial 13, 0.02% 1.44%
Us Bank 14, 0.02% 3.24%
Ark-La-Tex Financial Services 15, 0.02% 1.44%
Bremer Bank 16, 0.03% 2.88%
TCF National Bank 17, 0.03% 4.32%
Quicken Loans 18, 0.11% 7.55%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First International Bank & Trust 1, -0.03% 9.20%
Town & Country Credit Union 2, -0.02% 8.05%
Bell Bank 3, -0.02% 12.07%
Gate City Bank 4, -0.01% 12.07%
First Community Credit Union 5, -0.01% 1.72%
Valley Mortgage, Inc 6, -0.00% 12.64%
Western State Bank 7, 0.00% 4.02%
Wells Fargo Bank 8, 0.01% 2.87%
Guaranteed Rate Inc 9, 0.01% 1.72%
Caliber Home Loans Inc 10, 0.01% 14.37%
Capital Credit Union 11, 0.02% 0.57%
Ark-La-Tex Financial Services 12, 0.02% 1.15%
BlackRidgeBANK 13, 0.02% 3.45%
Quicken Loans 14, 0.02% 2.30%
Alerus Financial 15, 0.02% 1.72%
Us Bank 16, 0.02% 3.45%
Bremer Bank 17, 0.03% 2.87%
TCF National Bank 18, 0.03% 5.75%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
BlackRidgeBANK 1, -0.07% 7.69%
First International Bank & Trust 2, -0.06% 15.38%
Town & Country Credit Union 3, -0.04% 8.65%
Gate City Bank 4, -0.02% 8.65%
Caliber Home Loans Inc 5, -0.02% 13.46%
Western State Bank 6, -0.01% 7.69%
Capital Credit Union 7, -0.00% 0.96%
Valley Mortgage, Inc 8, -0.00% 5.77%
Alerus Financial 9, 0.00% 0.96%
TCF National Bank 10, 0.00% 1.92%
Bell Bank 11, 0.01% 1.92%
Us Bank 12, 0.01% 2.88%
Guaranteed Rate Inc 13, 0.01% 2.88%
Ark-La-Tex Financial Services 14, 0.02% 1.92%
Bremer Bank 15, 0.03% 2.88%
Quicken Loans 16, 0.13% 16.35%

* Data is compiled for the Fargo, ND commuting zone area, which comprises of counties of Clay County, MN, Norman County, MN, Wilkin County, MN, Cass County, ND, and Richland County, ND. This includes cities/towns/communities of Fargo, ND as well as Moorhead, MN, West Fargo, ND, Comstock, MN, Mapleton, ND, Dilworth, MN, Wahpeton, ND, Ulen, MN, Barnesville, MN, Kindred, ND, Casselton, ND, Breckenridge, MN, Abercrombie, ND, Wyndmere, ND, Kent, MN, Argusville, ND, Felton, MN, Hankinson, ND, Perley, MN, Tower City, ND, Ada, MN, Twin Valley, MN, and Fairmount, ND. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

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