Top Mortgage Lenders in Minot, ND

Which mortgage lender in the Minot, ND area typically has the best rates? To help you narrow down where to shop for a mortgage, MortgageWaldo.com provides an objective and data driven ranking of mortgage lenders operating in the Minot, ND area by interest rate and market share. Unlike our competitors, we maintain independence by not accepting any compensation from the mortgage lenders we rank. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings.

Going by historical data, the best mortgage lender in the Minot, ND area in terms of interest rate is Town & Country Credit Union, with an average “Rate Difference” of -0.07%. This means that, comparing similar borrowers, Town & Country Credit Union provided a -0.07% lower interest rate for its customers than other lenders in the area. Town & Country Credit Union has a market share of 33.0%. It is the most popular lender in the Minot, ND area.

Our detailed ranking of mortgage lenders in the Minot, 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, Gate City Bank is the cheapest mortgage provider for Conventional and Jumbo mortgages in Minot, ND. 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 Town & Country Credit Union. Note that as a consumer advocate we always recommend shopping among several of our top ranked lenders in order to get the best rates and fees.

Ranking of Mortgage Lenders in Minot, ND

Mortgage Type:
Purchase/Refinance:
Lender NameRate DifferenceRate RatingMarket Share
Town & Country Credit Union-0.07%(4.0)33.04%
Gate City Bank-0.05%(4.0)26.26%
First International Bank & Trust0.04%(3.5)11.93%
Guaranteed Rate0.08%(3.0)7.54%
Flagstar Bank0.10%(3.0)8.42%
Quicken Loans0.14%(3.0)7.66%
USAA0.15%(2.5)5.15%
Lender NameRate DifferenceRate RatingMarket Share
Town & Country Credit Union-0.09%(4.0)33.82%
Gate City Bank-0.02%(3.5)21.76%
First International Bank & Trust0.04%(3.5)12.61%
Guaranteed Rate0.08%(3.0)9.69%
Quicken Loans0.08%(3.0)4.02%
Flagstar Bank0.10%(3.0)10.60%
USAA0.15%(3.0)7.50%
Lender NameRate DifferenceRate RatingMarket Share
Gate City Bank-0.09%(4.0)36.14%
Town & Country Credit Union-0.03%(3.5)31.33%
First International Bank & Trust0.05%(3.0)10.44%
Guaranteed Rate0.05%(3.0)2.81%
Flagstar Bank0.08%(3.0)3.61%
Quicken Loans0.19%(2.5)15.66%
Lender NameRate DifferenceRate RatingMarket Share
Gate City Bank-0.07%(4.0)34.72%
Town & Country Credit Union-0.04%(3.5)34.51%
First International Bank & Trust0.07%(3.0)12.89%
USAA0.08%(3.0)0.62%
Guaranteed Rate0.10%(3.0)3.74%
Flagstar Bank0.18%(2.5)5.20%
Quicken Loans0.19%(2.5)8.32%
Lender NameRate DifferenceRate RatingMarket Share
Town & Country Credit Union-0.05%(4.0)39.58%
Gate City Bank-0.05%(3.5)28.98%
First International Bank & Trust0.07%(3.0)14.84%
USAA0.07%(3.0)1.06%
Quicken Loans0.10%(3.0)4.24%
Guaranteed Rate0.12%(3.0)4.59%
Flagstar Bank0.20%(2.5)6.71%
Lender NameRate DifferenceRate RatingMarket Share
Gate City Bank-0.09%(4.0)42.93%
Town & Country Credit Union-0.01%(3.5)27.27%
Guaranteed Rate0.05%(3.0)2.53%
First International Bank & Trust0.06%(3.0)10.10%
Flagstar Bank0.09%(3.0)3.03%
Quicken Loans0.23%(2.5)14.14%
Lender NameRate DifferenceRate RatingMarket Share
Town & Country Credit Union-0.08%(4.0)27.35%
Flagstar Bank-0.02%(3.5)13.68%
First International Bank & Trust0.02%(3.5)14.53%
Quicken Loans0.03%(3.5)7.69%
Gate City Bank0.05%(3.5)16.24%
Guaranteed Rate0.06%(3.0)20.51%
Lender NameRate DifferenceRate RatingMarket Share
Town & Country Credit Union-0.08%(4.0)28.44%
Flagstar Bank-0.02%(3.5)14.68%
First International Bank & Trust0.03%(3.5)12.84%
Quicken Loans0.04%(3.5)5.50%
Gate City Bank0.05%(3.5)16.51%
Guaranteed Rate0.06%(3.0)22.02%
Lender NameRate DifferenceRate RatingMarket Share
First International Bank & Trust-0.01%(3.5)37.50%
Quicken Loans-0.00%(3.5)37.50%
Town & Country Credit Union0.01%(3.5)12.50%
Gate City Bank0.02%(3.5)12.50%
Lender NameRate DifferenceRate RatingMarket Share
Gate City Bank0.00%(3.5)100.00%
Lender NameRate DifferenceRate RatingMarket Share
Gate City Bank0.00%(3.5)100.00%
Insufficient data available.
Lender NameRate DifferenceRate RatingMarket Share
Town & Country Credit Union-0.15%(4.5)33.33%
First International Bank & Trust-0.01%(3.5)8.21%
Gate City Bank0.04%(3.5)10.26%
Guaranteed Rate0.04%(3.5)9.23%
Flagstar Bank0.07%(3.0)13.33%
Quicken Loans0.08%(3.0)6.15%
USAA0.15%(3.0)19.49%
Lender NameRate DifferenceRate RatingMarket Share
Town & Country Credit Union-0.19%(4.5)27.63%
First International Bank & Trust-0.02%(3.5)8.55%
Gate City Bank0.03%(3.5)10.53%
Guaranteed Rate0.04%(3.5)10.53%
Quicken Loans0.06%(3.0)2.63%
Flagstar Bank0.07%(3.0)15.13%
USAA0.14%(3.0)25.00%
Lender NameRate DifferenceRate RatingMarket Share
Town & Country Credit Union-0.07%(4.0)53.49%
First International Bank & Trust0.05%(3.5)6.98%
Guaranteed Rate0.05%(3.0)4.65%
Flagstar Bank0.06%(3.0)6.98%
Gate City Bank0.08%(3.0)9.30%
Quicken Loans0.11%(3.0)18.60%

* Data is compiled for the Minot, ND commuting zone area, which comprises of counties of Bottineau County, ND, McHenry County, ND, Renville County, ND, and Ward County, ND. This includes cities/towns/communities of Minot, ND as well as Surrey, ND, Burlington, ND, Sawyer, ND, Willow City, ND, Velva, ND, Kenmare, ND, Bottineau, ND, Mohall, ND, Westhope, ND, and Towner, ND. Lenders must have made at least 30 loans in the area to be included. Source of the data is 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 conditional on the commuting zone, 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 in Other Cities

This page contains information about the top mortgage lenders in the Minot, ND area. For mortgage lender rankings in other cities, click here.