Top Mortgage Lenders in Jamestown, ND

Which mortgage lender in the Jamestown, 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 Jamestown, 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 Jamestown, ND area is First Community Credit Union, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.04%. This means that First Community Credit Union provided a -0.04% lower interest rate for its customers than other lenders in Jamestown, ND for a similar set of borrowers. First Community Credit Union has a market share of 26.5%. On the other hand, the most popular lender in the market is TCF National Bank, with a market share of 34.6%. TCF National Bank is an average rate lender in this area, with a “Rate Difference” of +0.03% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Jamestown, 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 Jamestown, ND is First Community Credit Union. 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 Gate City Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is First Community Credit Union. The cheapest VA mortgage provider is Gate City Bank. 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.

Ranking of Mortgage Lenders in Jamestown, ND

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Community Credit Union 1, -0.04% 26.54%
Gate City Bank 2, -0.04% 23.46%
TCF National Bank 3, 0.03% 34.62%
Quicken Loans 4, 0.06% 15.38%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Community Credit Union 1, -0.06% 30.47%
Gate City Bank 2, -0.01% 24.22%
Quicken Loans 3, 0.04% 8.59%
TCF National Bank 4, 0.05% 36.72%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gate City Bank 1, -0.06% 22.73%
First Community Credit Union 2, -0.02% 22.73%
TCF National Bank 3, 0.02% 32.58%
Quicken Loans 4, 0.07% 21.97%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Community Credit Union 1, -0.04% 30.92%
Gate City Bank 2, -0.04% 26.09%
TCF National Bank 3, 0.04% 28.02%
Quicken Loans 4, 0.08% 14.98%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Community Credit Union 1, -0.05% 36.96%
Gate City Bank 2, -0.01% 28.26%
Quicken Loans 3, 0.06% 8.70%
TCF National Bank 4, 0.06% 26.09%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gate City Bank 1, -0.07% 24.35%
First Community Credit Union 2, -0.02% 26.09%
TCF National Bank 3, 0.02% 29.57%
Quicken Loans 4, 0.08% 20.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Community Credit Union 1, -0.04% 13.51%
Quicken Loans 2, -0.02% 13.51%
Gate City Bank 3, 0.00% 8.11%
TCF National Bank 4, 0.01% 64.86%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Community Credit Union 1, -0.04% 15.62%
Quicken Loans 2, -0.02% 9.38%
Gate City Bank 3, 0.01% 6.25%
TCF National Bank 4, 0.01% 68.75%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.00% 40.00%
Gate City Bank 2, -0.00% 20.00%
TCF National Bank 3, 0.00% 40.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gate City Bank 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gate City Bank 1, 0.00% 100.00%
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Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gate City Bank 1, -0.01% 20.00%
TCF National Bank 2, -0.01% 53.33%
Quicken Loans 3, 0.02% 26.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gate City Bank 1, -0.00% 66.67%
TCF National Bank 2, 0.00% 33.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
TCF National Bank 1, -0.01% 58.33%
Gate City Bank 2, -0.00% 8.33%
Quicken Loans 3, 0.01% 33.33%

* Data is compiled for the Jamestown, ND commuting zone area, which comprises of counties of Barnes County, ND, Kidder County, ND, and Stutsman County, ND. This includes cities/towns/communities of Jamestown, ND as well as Valley City, ND, Kensal, ND, Wimbledon, ND, Steele, ND, Medina, ND, and Oriska, 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.

Mortgage Lender Rankings for Other Cities

This page ranks the top mortgage lenders in the Jamestown, ND area. For mortgage lender rankings of other cities, click here.