Top Mortgage Lenders in Fargo, ND

Which mortgage lender in the Fargo, 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 Fargo, 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 Fargo, ND area in terms of interest rate is Gate City Bank, with an average “Rate Difference” of -0.08%. This means that, comparing similar borrowers, Gate City Bank provided a -0.08% lower interest rate for its customers than other lenders in the area. Gate City Bank has a market share of 19.2%. It is the most popular lender in the Fargo, ND area.

Our detailed ranking of mortgage lenders in 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 $548,250 in 2021), 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. 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 Fargo, ND

Mortgage Type:
Purchase/Refinance:
Lender NameRate DifferenceRate RatingMarket Share
Gate City Bank-0.08%(4.0)19.16%
Bell Bank-0.07%(4.0)17.16%
Town & Country Credit Union-0.06%(4.0)6.63%
BlackRidgeBANK-0.02%(3.5)3.19%
Capital Credit Union North Dakota-0.02%(3.5)0.73%
Valley Mortgage-0.01%(3.5)7.29%
Choice Financial Group-0.00%(3.5)0.80%
Affinity Plus Federal Credit Union0.02%(3.5)0.84%
Alerus Financial0.02%(3.5)2.78%
First International Bank & Trust0.02%(3.5)6.27%
US Bank0.03%(3.5)3.85%
First Community Credit Union0.05%(3.5)2.96%
Western State Bank0.05%(3.5)4.26%
Benchmark0.06%(3.0)0.96%
Guaranteed Rate0.08%(3.0)1.14%
Bremer Bank0.08%(3.0)4.44%
Wells Fargo Bank0.08%(3.0)6.29%
Caliber Home Loans0.09%(3.0)3.87%
TCF Bank0.10%(3.0)2.83%
Quicken Loans0.25%(2.5)4.56%
Lender NameRate DifferenceRate RatingMarket Share
Bell Bank-0.06%(4.0)18.14%
Town & Country Credit Union-0.03%(3.5)6.96%
Gate City Bank-0.03%(3.5)18.11%
Capital Credit Union North Dakota-0.03%(3.5)0.65%
US Bank-0.03%(3.5)3.87%
Alerus Financial-0.01%(3.5)2.65%
First Community Credit Union-0.01%(3.5)2.55%
Valley Mortgage-0.01%(3.5)9.25%
Choice Financial Group-0.00%(3.5)0.82%
Wells Fargo Bank0.00%(3.5)5.74%
First International Bank & Trust0.02%(3.5)6.10%
BlackRidgeBANK0.03%(3.5)3.08%
Affinity Plus Federal Credit Union0.04%(3.5)0.57%
Benchmark0.06%(3.0)1.15%
Western State Bank0.07%(3.0)4.59%
Guaranteed Rate0.09%(3.0)1.47%
Caliber Home Loans0.09%(3.0)4.59%
Bremer Bank0.09%(3.0)4.55%
TCF Bank0.11%(3.0)3.69%
Quicken Loans0.11%(3.0)1.47%
Lender NameRate DifferenceRate RatingMarket Share
Gate City Bank-0.16%(4.5)21.00%
Town & Country Credit Union-0.12%(4.0)6.06%
BlackRidgeBANK-0.09%(4.0)3.38%
Bell Bank-0.09%(4.0)15.44%
Valley Mortgage-0.05%(3.5)3.88%
Choice Financial Group-0.00%(3.5)0.75%
Affinity Plus Federal Credit Union0.01%(3.5)1.31%
Capital Credit Union North Dakota0.01%(3.5)0.88%
Western State Bank0.01%(3.5)3.69%
First International Bank & Trust0.02%(3.5)6.56%
Guaranteed Rate0.02%(3.5)0.56%
Bremer Bank0.05%(3.0)4.25%
Benchmark0.05%(3.0)0.62%
Caliber Home Loans0.07%(3.0)2.62%
Alerus Financial0.08%(3.0)3.00%
TCF Bank0.08%(3.0)1.31%
First Community Credit Union0.11%(3.0)3.69%
US Bank0.13%(3.0)3.81%
Wells Fargo Bank0.19%(2.5)7.25%
Quicken Loans0.28%(2.0)9.94%
Lender NameRate DifferenceRate RatingMarket Share
Gate City Bank-0.09%(4.0)21.01%
Bell Bank-0.08%(4.0)18.58%
Town & Country Credit Union-0.04%(3.5)5.54%
Valley Mortgage-0.03%(3.5)6.10%
BlackRidgeBANK-0.02%(3.5)2.99%
Capital Credit Union North Dakota-0.01%(3.5)0.64%
Choice Financial Group0.00%(3.5)0.98%
Affinity Plus Federal Credit Union0.02%(3.5)1.01%
Alerus Financial0.03%(3.5)3.05%
US Bank0.04%(3.5)4.00%
First International Bank & Trust0.04%(3.5)6.04%
First Community Credit Union0.05%(3.5)3.25%
Western State Bank0.06%(3.0)3.81%
Benchmark0.07%(3.0)0.87%
Guaranteed Rate0.08%(3.0)0.76%
Bremer Bank0.08%(3.0)4.42%
Wells Fargo Bank0.09%(3.0)7.50%
TCF Bank0.12%(3.0)2.46%
Caliber Home Loans0.14%(3.0)2.74%
Quicken Loans0.30%(2.0)4.25%
Lender NameRate DifferenceRate RatingMarket Share
Bell Bank-0.08%(4.0)19.78%
Gate City Bank-0.04%(3.5)20.01%
Capital Credit Union North Dakota-0.04%(3.5)0.47%
US Bank-0.03%(3.5)4.14%
Valley Mortgage-0.02%(3.5)7.77%
First Community Credit Union-0.02%(3.5)2.70%
Alerus Financial-0.02%(3.5)2.89%
Choice Financial Group0.00%(3.5)1.07%
Wells Fargo Bank0.01%(3.5)7.07%
Town & Country Credit Union0.02%(3.5)5.63%
Affinity Plus Federal Credit Union0.04%(3.5)0.70%
BlackRidgeBANK0.04%(3.5)3.02%
First International Bank & Trust0.04%(3.5)5.91%
Benchmark0.07%(3.0)1.07%
Western State Bank0.09%(3.0)4.19%
Bremer Bank0.09%(3.0)4.56%
Guaranteed Rate0.10%(3.0)0.98%
TCF Bank0.12%(3.0)3.26%
Quicken Loans0.13%(3.0)1.35%
Caliber Home Loans0.15%(3.0)3.44%
Lender NameRate DifferenceRate RatingMarket Share
Gate City Bank-0.17%(4.5)22.53%
Town & Country Credit Union-0.14%(4.0)5.40%
BlackRidgeBANK-0.11%(4.0)2.95%
Bell Bank-0.09%(4.0)16.77%
Valley Mortgage-0.06%(4.0)3.58%
Choice Financial Group-0.00%(3.5)0.84%
Capital Credit Union North Dakota0.01%(3.5)0.91%
Affinity Plus Federal Credit Union0.01%(3.5)1.47%
Western State Bank0.01%(3.5)3.23%
Guaranteed Rate0.02%(3.5)0.42%
First International Bank & Trust0.03%(3.5)6.25%
Bremer Bank0.06%(3.0)4.21%
Benchmark0.06%(3.0)0.56%
Alerus Financial0.08%(3.0)3.30%
TCF Bank0.09%(3.0)1.26%
Caliber Home Loans0.12%(3.0)1.68%
First Community Credit Union0.12%(3.0)4.07%
US Bank0.14%(3.0)3.79%
Wells Fargo Bank0.19%(2.5)8.14%
Quicken Loans0.34%(2.0)8.63%
Lender NameRate DifferenceRate RatingMarket Share
Town & Country Credit Union-0.15%(4.0)14.14%
First International Bank & Trust-0.04%(3.5)5.53%
Capital Credit Union North Dakota-0.04%(3.5)1.43%
BlackRidgeBANK-0.03%(3.5)3.48%
Alerus Financial-0.01%(3.5)1.64%
Caliber Home Loans-0.01%(3.5)6.56%
Wells Fargo Bank0.01%(3.5)0.20%
US Bank0.01%(3.5)1.02%
Western State Bank0.01%(3.5)7.38%
Gate City Bank0.02%(3.5)10.66%
Valley Mortgage0.02%(3.5)14.96%
Benchmark0.02%(3.5)1.43%
Bell Bank0.03%(3.5)10.45%
First Community Credit Union0.04%(3.5)2.25%
Quicken Loans0.06%(3.0)5.53%
Guaranteed Rate0.08%(3.0)3.28%
TCF Bank0.08%(3.0)4.92%
Bremer Bank0.09%(3.0)5.12%
Lender NameRate DifferenceRate RatingMarket Share
Town & Country Credit Union-0.16%(4.5)13.43%
First International Bank & Trust-0.04%(3.5)6.25%
Capital Credit Union North Dakota-0.04%(3.5)1.62%
BlackRidgeBANK-0.04%(3.5)3.01%
Alerus Financial-0.01%(3.5)1.85%
Caliber Home Loans-0.01%(3.5)6.48%
US Bank0.01%(3.5)0.93%
Wells Fargo Bank0.01%(3.5)0.23%
Western State Bank0.02%(3.5)7.18%
Gate City Bank0.02%(3.5)11.11%
Valley Mortgage0.02%(3.5)15.97%
Benchmark0.02%(3.5)1.62%
Bell Bank0.03%(3.5)11.81%
First Community Credit Union0.05%(3.5)2.31%
Quicken Loans0.08%(3.0)1.85%
Guaranteed Rate0.08%(3.0)3.70%
TCF Bank0.09%(3.0)5.32%
Bremer Bank0.09%(3.0)5.32%
Lender NameRate DifferenceRate RatingMarket Share
Town & Country Credit Union-0.09%(4.0)19.64%
Gate City Bank-0.01%(3.5)7.14%
BlackRidgeBANK-0.01%(3.5)7.14%
First Community Credit Union-0.01%(3.5)1.79%
Western State Bank0.00%(3.5)8.93%
Bremer Bank0.01%(3.5)3.57%
Caliber Home Loans0.01%(3.5)7.14%
TCF Bank0.02%(3.5)1.79%
US Bank0.02%(3.5)1.79%
Valley Mortgage0.03%(3.5)7.14%
Quicken Loans0.04%(3.5)33.93%
Lender NameRate DifferenceRate RatingMarket Share
US Bank-0.03%(3.5)24.49%
Wells Fargo Bank-0.01%(3.5)4.08%
Gate City Bank-0.01%(3.5)16.33%
Caliber Home Loans-0.01%(3.5)2.04%
Bremer Bank-0.00%(3.5)8.16%
Affinity Plus Federal Credit Union-0.00%(3.5)2.04%
Guaranteed Rate0.00%(3.5)2.04%
Valley Mortgage0.01%(3.5)2.04%
Alerus Financial0.01%(3.5)2.04%
Town & Country Credit Union0.01%(3.5)2.04%
BlackRidgeBANK0.02%(3.5)4.08%
Bell Bank0.03%(3.5)30.61%
Lender NameRate DifferenceRate RatingMarket Share
US Bank-0.04%(3.5)26.47%
Gate City Bank-0.01%(3.5)17.65%
Wells Fargo Bank-0.01%(3.5)5.88%
Caliber Home Loans-0.01%(3.5)2.94%
Bremer Bank-0.00%(3.5)2.94%
Affinity Plus Federal Credit Union0.00%(3.5)2.94%
Guaranteed Rate0.01%(3.5)2.94%
Alerus Financial0.01%(3.5)2.94%
Town & Country Credit Union0.02%(3.5)2.94%
BlackRidgeBANK0.02%(3.5)5.88%
Bell Bank0.04%(3.5)26.47%
Lender NameRate DifferenceRate RatingMarket Share
Gate City Bank-0.02%(3.5)13.33%
Bremer Bank-0.01%(3.5)20.00%
Valley Mortgage0.00%(3.5)6.67%
US Bank0.01%(3.5)20.00%
Bell Bank0.01%(3.5)40.00%
Lender NameRate DifferenceRate RatingMarket Share
First International Bank & Trust-0.05%(3.5)11.51%
BlackRidgeBANK-0.03%(3.5)5.04%
Town & Country Credit Union-0.03%(3.5)8.27%
Bell Bank-0.02%(3.5)8.27%
Gate City Bank-0.02%(3.5)10.79%
First Community Credit Union-0.01%(3.5)1.08%
Valley Mortgage-0.00%(3.5)10.07%
Western State Bank-0.00%(3.5)5.40%
Caliber Home Loans0.00%(3.5)14.03%
Wells Fargo Bank0.01%(3.5)1.80%
Capital Credit Union North Dakota0.01%(3.5)0.72%
Guaranteed Rate0.01%(3.5)2.16%
Alerus Financial0.02%(3.5)1.44%
US Bank0.02%(3.5)3.24%
Benchmark0.02%(3.5)1.44%
Bremer Bank0.03%(3.5)2.88%
TCF Bank0.03%(3.5)4.32%
Quicken Loans0.11%(3.0)7.55%
Lender NameRate DifferenceRate RatingMarket Share
First International Bank & Trust-0.03%(3.5)9.20%
Town & Country Credit Union-0.02%(3.5)8.05%
Bell Bank-0.02%(3.5)12.07%
Gate City Bank-0.01%(3.5)12.07%
First Community Credit Union-0.01%(3.5)1.72%
Valley Mortgage-0.00%(3.5)12.64%
Western State Bank0.00%(3.5)4.02%
Wells Fargo Bank0.01%(3.5)2.87%
Guaranteed Rate0.01%(3.5)1.72%
Caliber Home Loans0.01%(3.5)14.37%
Capital Credit Union North Dakota0.02%(3.5)0.57%
Benchmark0.02%(3.5)1.15%
BlackRidgeBANK0.02%(3.5)3.45%
Quicken Loans0.02%(3.5)2.30%
Alerus Financial0.02%(3.5)1.72%
US Bank0.02%(3.5)3.45%
Bremer Bank0.03%(3.5)2.87%
TCF Bank0.03%(3.5)5.75%
Lender NameRate DifferenceRate RatingMarket Share
BlackRidgeBANK-0.07%(4.0)7.69%
First International Bank & Trust-0.07%(4.0)15.38%
Town & Country Credit Union-0.04%(3.5)8.65%
Gate City Bank-0.02%(3.5)8.65%
Caliber Home Loans-0.02%(3.5)13.46%
Western State Bank-0.01%(3.5)7.69%
Capital Credit Union North Dakota-0.00%(3.5)0.96%
Valley Mortgage-0.00%(3.5)5.77%
Alerus Financial0.00%(3.5)0.96%
TCF Bank0.01%(3.5)1.92%
Bell Bank0.01%(3.5)1.92%
US Bank0.01%(3.5)2.88%
Guaranteed Rate0.01%(3.5)2.88%
Benchmark0.02%(3.5)1.92%
Bremer Bank0.03%(3.5)2.88%
Quicken Loans0.13%(3.0)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 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

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