a large group of blue-shirted Gate City Bank mortgage team members huddle around the NDHFA Affordable housing Award for 2023

Earning the North Dakota Affordable Housing Award From NDHFA.

NORTH DAKOTA – Gate City Bank has been recognized by North Dakota Housing Finance Agency (NDHFA) for our exceptional contributions in promoting affordable homeownership throughout the state.

Everyone deserves a place to call home, and at a time when costs are rising in almost every part of life, more North Dakotans are achieving affordable homeownership – thanks to Gate City Bank.

Gate City Bank has been recognized with NDHFA’s Champion of Affordable Housing Award of Excellence for multiple years, most recently in 2023. The award recognizes exceptional contributions in promoting affordable homeownership, especially through outstanding delivery of NDHFA’s programs. As the #1 mortgage lender in North Dakota, the bank is incredibly honored to receive this prestigious award.

“We’re beyond grateful for our beautiful partnership with NDHFA. Together, we’re creating a better way of life by making affordable homeownership a reality for countless people across North Dakota,” says Jalyssa Sorenson, Vice President of Mortgage Operations at Gate City Bank. “Many struggle to navigate the complexities of affordability in today’s housing market, and this is a great way of helping them achieve their dreams of finding home sweet home.”

Bringing a Better Way of Life Home.

According to NDHFA, approximately 60% of the agency’s borrowers use its down payment and closing cost assistance, which is why Gate City Bank’s partnership hits so close to home. Working together to keep affordable housing programs alive is crucial for creating a better way of life.

“We believe in the power of partnership, and the Champion of Affordable Housing Award of Excellence is a testament to the commitment of our partners and their vital role in advancing our mission.”
a professional headshot of David Flohr, Executive Director of NDHFA
David Flohr
Executive Director of NDHFA

In addition to our NDHFA partnership, we've implemented a number of innovative products and services that help promote homeownership, as well, with one example being our BetterLife™ Student Loan. The first and only program of its kind in the nation, it helps customers consolidate student loan debt and pay it off faster, featuring no fees and low fixed interest rates. Since 2015, we've helped 3,460 customers save more than $35.2 million in interest. (An average of $10,100 saved per customer!)

Additionally, Gate City Bank promotes affordable homeownership through competitive interest rates for VA loans, rural development loans and our MinnStart Home Loan. On top of that, we offer helpful education resources, convenient digital signing options and pre-approvals that are simple, fast and free. Not to mention, we also donate $50 to a charity of a customer’s choice when they close on a loan.1

More on Why We’re the #1 Mortgage Lender in ND.

  • Keep it local

    We offer locally serviced home loan options, right down the street.

  • Save with competitive rates

    Our mortgage customers enjoy competitive rates and fees.

  • Get peace of mind

    We’ll ensure everything goes smoothly on closing day!

  • Work with the 'Best of the Best'

    We’ve been voted “Best Mortgage” lender in many communities we serve.
  • Rate confidence

    If rates drop before loan approval, you also have the option to float down once and lock at a lower rate with any conventional purchase mortgage loan.

Gate City Bank team members stand with YWCA Cass Clay representatives & hold a big check for affordable housing worth $560K

Securing $850K for
Affordable Housing.

We’re proud to have partnered with one of the nation’s leading financial cooperatives to donate $850,000 toward affordable housing efforts in North Dakota and Minnesota!

Inspiring Homeownership
in Fargo-Moorhead.

When it comes to making homeownership more attainable in Fargo, Moorhead and the surrounding area, we’ve been proud to stand alongside Cass Clay Community Land Trust.

Gate City Bank team members, state reps & community partners unite for the Grace Garden ribbon-cutting for supportive housing

Supportive Housing
for the Vulnerable.

To promote safety, stability and community for women and children in need, we pledged $1.5 million toward YWCA Cass Clay’s Grace Garden expansion.

RP Test.png​Mortgages We Stand Behind.

With our Blue Standard pre-approval, competitive rates and trust with real estate agents and sellers, we ensure a smooth process from heart to home. You’ll have peace of mind knowing your pre-approval will come through on closing day! 


1 We live to give! Donation to go to a charity of your choice within 120 days of loan closing. Charity must be approved by Gate City Bank.