Mortgage brokers help homeowners and homebuyers across the U.S. find competitive rates on mortgages, home equity loans and other real estate lending products. Mortgage brokers have an advantage over loan officers because they can access loans from a number of lenders and are not tied to a single bank or credit union. In North Dakota, mortgage brokers are referred to as money brokers. Money brokers perform the same function as mortgage brokers elsewhere and are overseen by the North Dakota Department of Financial Institutions. Money brokers can handle first and second mortgages within the state of North Dakota. Money brokers, like mortgage brokers in other states, must also be licensed by the National Mortgage Licensing System. You can verify a money broker’s license online at the National Mortgage Licensing System Consumer Access portal.
The best way to get a competitive rate for a home loan is to meet with several different mortgage brokers and get quotes for different products from each of them. You can find a comprehensive list of some of the top money brokers in North Dakota by clicking the links below. We’ve organized our listings by location and included a brief overview of what each brokerage offers as well as their business hours, location and contact information. |
