600 DeMers Avenue
East Grand Forks,
Ph: (218) 773-8939
Fx: (218) 773-2507
Monday - Friday
8:00 am - 5:00 pm
The Subordination Policy
works directly with the city’s residential New Construction and
Downpayment Assistance programs and any other residential owner
occupied or rental property that has accessed a loan or grant from the
city or the EDA.
Requests for subordinations usually generate from the owner when refinancing becomes an opportunity or a necessity. The Request Form
is viewed upon receipt and approved upon compliance with the stated policy.