Mortgage Loans
Buying a home is one of life’s most significant milestones. At First Western Bank, we make the mortgage process clear, local, and personal. Whether you’re purchasing your first home, building new construction, refinancing, or tapping into equity, our experienced mortgage team is here to guide you every step of the way.
With convenient locations across Minnesota, North Dakota, South Dakota, and Arizona, we combine competitive rates with relationship-based service you won’t find at national banks.
Your Homeownership Journey Starts Here
Navigating the mortgage process can feel overwhelming, but you don’t have to do it alone. Our experienced, local mortgage lenders are committed to helping you every step of the way—from determining what you can afford to closing on your new home. Whether you’re building, buying, or refinancing, we have the resources and knowledge to match you with the right loan for your needs.
Our teams in Minot, Bismarck, West Fargo, Alexandria, Eden Prairie, Sioux Falls, and Chandler understand the local housing market and underwriting requirements in your area.
Mortgage Loan Options
Our mortgage solutions are designed to meet the diverse needs of our community:
Conventional Loans
FHA Loans
VA Loans
First-Time Home Buyer Loans
Construction Loans
Home Equity Loans
Home Equity Lines of Credit (HELOC)
Mortgage Loans in Minnesota, North Dakota, South Dakota & Arizona
When you’re looking for mortgage lenders, you want a lender who understands your local market. First Western Bank offers:
- Competitive mortgage rates
- Local underwriting and decision-making
- In-person and online application options
- Dedicated mortgage loan officers
- Fast, responsive communication
We know the housing markets in the communities we serve, and we’re committed to helping you secure the right loan with confidence.
Our team walks you through:
- Prequalification or Preapproval – Understand how much home you can afford.
- Loan Selection – Choose the mortgage that fits your financial goals.
- Application & Documentation – Submit securely online or with a lender.
- Processing & Underwriting – We keep you informed at every stage.
- Closing – Celebrate becoming a homeowner.
Let’s Get Started
- Prequalify to help determine what you can afford.
- Decide what type of home you want or need.
- We will assist you in finding the mortgage product that best fits your criteria.
- Make an offer on the home.
- Apply once you’ve found a house to purchase.
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, federal law requires all US financial institutions to obtain, verify and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your identifying documents.
Mortgage Lending
Stephen Peschong
Michael Engen
Melanie Desplinter
NMLS: 1342250
Richard Hawes
Downloads & Resources
First Western Bank Mortgage FAQ
Use this calculator to help determine how much mortgage you might qualify for.
Requirements vary by loan type. FHA loans may allow lower credit scores, while conventional loans typically require stronger credit profiles.
A home equity loan provides a lump sum with fixed payments. A HELOC offers a revolving credit line with flexible draws.
Yes. We proudly serve veterans and active-duty service members with VA mortgage options.
Get Started Today
Ready to experience personalized banking that fits your life? Visit a branch near you or sign up for online banking today. We’re here to help you achieve your financial goals.