Borrow

Buying a home can be exciting, and one of the most important decisions you can make. Dakota West will be there to help you along in the process. No matter where you call home, we’ve got a loan that will welcome you in to your new surroundings.


Conventional Mortgage Loans

  • 5% down payment required
  • Requires Private Mortgage insurance if financing over 80% of the purchase price
  • Fixed or adjustable rate
  • Variety of terms available

FHA

  • Can finance up to 96.5% of the purchasing price
  • Requires mortgage insurance that is issued by the government
  • Fixed rate

VA

  • For qualified military or veteran personnel
  • Can finance up to 100% of the purchase price
  • Does not require monthly mortgage insurance
  • Fixed rate

New Construction

  • 25% down payment required
  • 12 month fixed rate

Manufactured Homes

  • 5% down payment required
  • Requires Private Mortgage insurance if financing over 80% of the purchase price
  • Fixed or adjustable rate
  • Variety of terms available

Helpful Mortgage Information

Here are some helpful resources for home mortgage applicants