North Dakota Home Buying Guide
Midwest Region · Judicial Foreclosure State
Key Facts at a Glance
What Makes North Dakota Unique
No transfer tax
Affordable market with strong job market (energy sector)
NDHFA offers 30-year below-market rate mortgages
First-Time Buyer Programs in North Dakota
NDHFA FirstHome Program
Contact your state housing finance agency for current eligibility and rates
NDHFA Start Program
Contact your state housing finance agency for current eligibility and rates
NDHFA Advantage Program
Contact your state housing finance agency for current eligibility and rates
Program availability, income limits, and interest rates change frequently. Verify current terms with your lender or state housing finance agency.
Closing Costs in North Dakota
Attorney at Closing
Attorney Not Required
North Dakota does not require an attorney at closing. A title company typically handles the transaction. Consider hiring one anyway for complex deals.
Local Tips for North Dakota Buyers
Fargo/Bismarck markets are stable with consistent demand.
No transfer tax means simple, low closing costs.
NDHFA income limits set at 80% of AMI.
Estimated Annual Ownership Cost in North Dakota
Based on the median home price of $240,000 with a 10% down payment and 7% mortgage rate.
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Use our free calculators to estimate your monthly payment, affordability, and closing costs in North Dakota.