At a glance: Northpointe Bank mortgage options

Northpointe is a mid-sized bank based in Grand Rapids, Michigan. Loans are available nationwide.

In addition to offering a wide range of loan options aimed at nontraditional borrowers, Northpointe also has several programs that may appeal to home buyers. These include:

• A Lock & Shop program that allows borrowers to lock in a rate for 60 or 90 days by depositing up front. 

• An option to temporarily buy down the mortgage rate for up to three years.

» MORE: How to choose a mortgage lender

Northpointe Bank special offers and discounts

Northpointe Bank brings a few mortgage perks to the table that could truly lighten your load — especially if you're eyeing lower closing costs or struggling with a down payment. Here are three offers that stood out in our research:

• Rate Refresh Program: Refinancers who purchased through Northpointe after Dec 1, 2022 can apply between 120 days and 3 years later and get key closing costs waived—like appraisal, credit report, flood certification, tax service, and recording fees.

• ONE+ Loan Program: Eligible buyers can put down just 1% on loans up to $350,000, with Northpointe covering an additional 2% (up to $7,000) — essentially giving you a 3% down payment with less cash upfront.

• Chenoa Fund Down Payment Assistance: Qualified borrowers can get 3.5% or 5% of the purchase price to cover down payment and closing costs, either as a repayable or forgivable second loan. Available for FHA loans, with a minimum 600 credit score and no income limits.

What mortgages does Northpointe Bank specialize in?

A lender’s experience with your loan type can make a big difference. We looked at the latest federal data to find the types of mortgages Northpointe Bank handles most often.

Conventional loans made up the bulk of Northpointe Bank’s purchase originations (64%), followed by FHA (22%), VA (8%) and jumbo loans (6%).

How we score Northpointe Bank mortgages

Each year, NerdWallet writers and editors dig into the latest data and independent research on mortgage lending. Then, we rate lenders based on categories that matter most to mortgage borrowers.

Northpointe Bank has a NerdWallet home loans rating of 4.5 stars overall. Here’s a breakdown of this year’s score.

• The Nerdy details: Our rating system, explainedThe Nerdy details: Our rating system, explained

  Ah, so you’re the “read the fine print” type? We got you. Here’s how our scoring rubric works.

  Average mortgage rates and fees (30%)

  We review federal data (as reported by the lenders) and analyze mortgage lenders’ average fees and interest rates across all loan types. Lenders with the lowest average costs get the highest star ratings. Keep in mind: Loans that are easier to qualify for, like FHA loans, usually have higher rates and fees because lenders see them as a higher risk. Pro tip: Paying some fees upfront can sometimes lower your interest rate.

  Mortgage rate transparency (25%)

  We look at how easy it is to compare mortgage rates online. Lenders get higher transparency ratings if they show sample rates on their website. (Not all lenders do!) The best ratings go to lenders that offer interactive tools that let you customize a rate quote on your own.

  Variety of loan types (25%)

  There’s no one-size-fits-all mortgage. Lenders earn top ratings in this category when they offer a large variety of mortgage types. The more variety, the higher their score. A lender earns points for purchase and refinance; fixed and adjustable rates; FHA, VA or USDA loans; renovation or construction loans; and home equity loans or HELOCs.

  Customer experience (20%)

  How easy is it to work with this lender? Top-rated lenders offer helpful features like online applications, multiple ways to get support, a user-friendly mobile app and clear updates about the loan closing timeline.

Northpointe Bank's bonus points

Northpointe Bank earned bonus points for its assistance programs for first-time home buyers.

» MORE: How to get the best mortgage rate

Northpointe Bank reputation and customer experience

NerdWallet’s star ratings look at objective factors like rates, fees and loan options. To give you a sense of what the borrower experience is really like, we pulled the latest customer satisfaction scores from Zillow, and we contacted the lender’s customer support.

Northpointe Bank customer service options

Here’s how you can get in touch with Northpointe Bank.

» MORE: How to apply for a mortgage

Alternatives to a Northpointe Bank mortgage

Our biggest tip: Get offers from at least three different mortgage lenders. Comparison shopping can save you thousands of dollars. You can get rate quotes yourself, or work with a mortgage broker to shop around on your behalf.

If you’re impressed with Northpointe Bank’s variety of specialty home loans, you might want to check out CrossCountry Mortgage or Guild Mortgage.

First-time home buyers may want to review Rocket Mortgage, which won NerdWallet’s 2025 best-of award in that category.

» MORE: Best mortgage lenders

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