Yes: in North Dakota, mortgage loan officers need a state license issued by the North Dakota Department of Financial Institutions. You can check a name yourself on NMLS Consumer Access.
Mortgage loan officers in North Dakota: what buyers ask
What first-time buyer programs does North Dakota offer?
In North Dakota, the North Dakota Housing Finance Agency (NDHFA) lets a household of three or more earn up to $121,590 on its FirstHome loan and buy an existing single-family home priced up to $500,000.
What does an FHA loan require?
FHA loans need 3.5% down with a 580 credit score. Upfront mortgage insurance is 1.75% and the annual premium is 0.55% at 96.5% LTV.
Check a mortgage loan officer yourself
- License required · North Dakota Department of Financial Institutions
- Titles you will see: Mortgage loan originator
- Check a name yourself: NMLS Consumer Access (we could not open this search page ourselves)
The 10 sectors of Fargo
Roosevelt/NDSU · Brunsdale · Jefferson/Carl Ben · Northport · Village West · Lewis & Clark · Bluemont Lakes · Stonebridge · Osgood · Westgate