Lender Register

States › North Dakota

North Dakota mortgage lending

Every HMDA reporter's applications, originations and denial rate for properties in North Dakota, with all 53 counties.

Lenders, 25+ applications 86
Households 331,063
Population 796,568

HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Record year 2024.

North Dakota had 18,988 HMDA-reported mortgage applications and 13,107 originations ($3.2bn) in 2024, from 86 lenders with at least 25 applications in the state.

The statewide denial rate was 14.3% (national 24.3%) and the median rate spread 0.2 percentage points (national 0.3). Originations ran at 39.6 per 1,000 households, against 48.0 nationally.

Originations in the state went from 16,191 in 2018 to 13,107 in 2024; the denial rate moved from 12.9% to 14.3%.

The most active lenders by originations were Gate City Bank (2,328), First International Bank & Trust (758) and Bell Bank (569).

18,988applications, 2024
13,107loans originated$3.2bn
14.3%denial rateUS 24.3%
39.6originations per 1,000 householdsUS 48.0

Most active lenders in North Dakota

#LenderApplicationsOriginationsAmountDenial rateMedian spread
1Gate City Bank3,0712,328$416m13.3%0.3
2First International Bank & Trust924758$184m6.9%0.3
3Bell Bank698569$111m8.7%0.2
4Capital Credit Union635510$103m3.8%1.0
5United Wholesale Mortgage589508$144m5.7%0.2
6Town and Country Credit Union622500$106m3.1%0.0
7Rocket Mortgage664470$100m21.7%0.6
8Fairway Independent Mort Corp569442$124m4.7%0.2
9First Community Credit Union1,133421$82m33.9%-0.0
10Ark-La-Tex Financial Services LLC381309$82m3.7%-0.2
11Dakota Community Bank & Trust, NA374295$76m7.2%-0.1
12Us Bank, N.A.500292$73m31.3%0.6
13Mortgage Research Center436255$67m17.2%-0.1
14Bravera Bank281254$68m1.1%—
15Bremer Bank NA270225$68m8.8%0.0
16First Western Bank & Trust273219$55m5.5%0.0
17Alerus Financial NA266217$50m7.7%0.3
18Guaranteed Rate, Inc.280190$51m5.9%0.0
19Valley Mortgage, Inc.201179$51m0.6%-0.2
20Starion Bank208158$79m2.4%0.1
21Kirkwood Bank & Trust Co.154140$34m0.7%—
22Choice Financial Group148120$37m3.9%0.1
23Dacotah Bank143116$29m4.9%0.2
24Aspire Community Federal Credit Union115109$18m5.2%—
25Bnc National Bank11295$11m6.7%1.1
26Cornerstone Bank11195$26m6.5%1.0
27Freedom Mortgage Corporation17492$27m19.4%0.1
28American Federal Bank11191$38m4.0%—
29Flagstar Bank NA11990$26m16.7%0.1
30Loandepot.com, LLC18789$18m33.6%0.7
31Newrez LLC17788$27m25.8%0.3
32Primary Residential Mortgage, INC.10688$27m4.3%0.2
33Nations Lending Corporation9187$21m1.1%-0.1
34Barrington Bank & Trust Company, N.A.9883$20m2.4%0.0
35Western State Bank11581$21m11.0%-0.0
36Bank Forward10481$24m2.4%—
37Western Cooperative Credit Union9278$14m2.5%0.2
38VISIONBank7971$14m4.1%—
3921st Mortgage27068$18m62.3%4.6
40Pennymac Loan Services LLC14666$17m24.0%0.2
41Unison Bank7265$7.0m2.8%—
42Navy Federal Credit Union12563$16m25.3%-0.4
43Railway Credit Union7163$7.8m7.4%—
44First United Bank6762$16m1.6%—
45Cambria Financial Group6760$18m1.6%0.3
46Bank of England8053$15m1.9%1.0
47Guild Mortgage Company7253$13m3.2%0.4
48Wells Fargo Bank NA11452$14m35.0%0.2
49Nextmortgage, LLC8752$14m4.7%1.2
50First State Bank5149$9.6m0.0%—
51Crosscountry Mortgage, LLC7948$13m3.8%0.8
52Discover Bank33347$3.3m78.2%2.4
53Frandsen Bank & Trust6545$7.6m11.8%0.3
54Figure Lending LLC9144$2.3m37.1%3.9
55Usaa Bank8244$12m27.9%-0.3
56Nationstar Mortgage7244$7.7m23.0%1.7
57First Colony Mortgage Corporation5343$12m0.0%0.3
58Security First Bank of North Dakota4743$15m4.3%—
59Empeople Credit Union6341$7.7m14.3%-0.3
60Bay Equity LLC4338$9.4m0.0%0.1

Top 60 of 86 lenders with at least 25 applications in the state, by originations. 42 lenders have 100 or more applications here and link to a state-specific page.

Compared with the nation

MeasureNorth DakotaUnited States
Denial rate14.3%24.3%
Median rate spread, pp0.20.3
Originations with spread of 1.5 pp or more13.2%15.6%
Average originated loan$244k$329k
Originations per 1,000 households39.648.0
Home purchase share of originations63.4%57.0%
FHA-insured share13.0%13.4%
VA-guaranteed share9.5%7.9%

Trend, 2018–2024

ApplicationsOriginations

020,34940,6982018: 21,792 Applications2019: 24,748 Applications2020: 40,698 Applications2021: 38,278 Applications2022: 23,006 Applications2023: 17,150 Applications2024: 18,988 Applications2018: 16,191 Originations2019: 18,182 Originations2020: 29,988 Originations2021: 28,020 Originations2022: 16,156 Originations2023: 11,926 Originations2024: 13,107 Originations2018201920202021202220232024
Applications and originations in North Dakota by year

North DakotaUnited States

0%12.7%25.3%2018: 12.9% North Dakota2019: 12.3% North Dakota2020: 9.9% North Dakota2021: 10.4% North Dakota2022: 13% North Dakota2023: 13.8% North Dakota2024: 14.3% North Dakota2018201920202021202220232024
Denial rate by year, US dashed

FHA share of originationsVA share

0%6.5%13%2018: 12% FHA share of originations2019: 10.9% FHA share of originations2020: 7.5% FHA share of originations2021: 8.7% FHA share of originations2022: 9.5% FHA share of originations2023: 12.3% FHA share of originations2024: 13% FHA share of originations2018: 7.6% VA share2019: 8.9% VA share2020: 9.8% VA share2021: 10.3% VA share2022: 7.8% VA share2023: 7.5% VA share2024: 9.5% VA share2018201920202021202220232024
FHA-insured and VA-guaranteed shares of originations in North Dakota by year
YearApplicationsOriginationsAmountDenial rateFHAVARefinance share
201821,79216,191$3.3bn12.9%12.0%7.6%28.1%
201924,74818,182$4.2bn12.3%10.9%8.9%34.9%
202040,69829,988$7.3bn9.9%7.5%9.8%57.5%
202138,27828,020$6.8bn10.4%8.7%10.3%50.6%
202223,00616,156$4.1bn13.0%9.5%7.8%23.9%
202317,15011,926$2.9bn13.8%12.3%7.5%15.7%
202418,98813,107$3.2bn14.3%13.0%9.5%18.9%

Yearly figures from the HMDA Data Browser aggregations for the state (all reporters).

Loan purpose and loan type, 2024

By purpose

Home purchase 63% (8,305)Home improvement 9% (1,152)Refinancing 11% (1,429)Cash-out refinancing 8% (1,054)Other purpose 9% (1,166)

By type

Conventional 77% (10,054)FHA 13% (1,701)VA 9% (1,239)USDA 1% (113)

Counties

CountyApplicationsOriginationsPer 1,000 householdsDenial rateMedian spreadLenders
Cass County5,2543,91946.711.0%0.238
Burleigh County2,6391,98648.18.8%0.325
Ward County1,7951,27644.712.9%0.017
Grand Forks County1,6181,17737.613.6%0.318
Morton County94469249.612.6%0.312
Williams County1,05366043.619.9%0.410
Stark County92263847.113.7%0.310
Stutsman County52535137.216.1%0.34
Richland County40528040.916.6%0.33
McKenzie County26818530.814.2%0.42
Ramsey County25217231.816.5%0.22
McLean County22915034.317.2%0.30
Mercer County22414841.218.6%0.32
Barnes County19912725.916.2%0.31
Traill County17812637.814.9%0.50
Walsh County17212127.518.2%0.31
Mountrail County1017419.016.9%0.30
Bottineau County956624.711.4%0.20
Ransom County936126.115.3%0.10
Pembina County886020.217.1%0.20
McHenry County845323.616.9%0.00
Dunn County845233.121.7%0.40
Dickey County764724.019.0%0.30
LaMoure County694726.918.0%0.30
Sargent County724525.711.8%0.10
Foster County544026.110.4%0.50
Rolette County973910.337.1%0.80
Renville County653839.220.0%-0.00
Cavalier County483421.820.9%0.50
Pierce County483317.810.3%0.50
Wells County563318.523.3%0.40
Steele County363138.53.1%—0
Emmons County422818.36.7%—0
Nelson County412720.224.3%—0
Hettinger County472623.035.7%—0
Golden Valley County422434.330.6%—0
Kidder County332420.53.8%—0
McIntosh County382218.411.1%—0
Bowman County362116.322.2%—0
Benson County34188.9——0
Grant County291817.029.6%—0
Adams County351716.543.3%—0
Oliver County261723.4——0
Griggs County291515.1——0
Towner County231515.2——0
Burke County251415.5——0
Eddy County221311.1——0
Divide County221211.8——0
Logan County261114.2——0
Sheridan County14913.3——0
Billings County19819.7——0
Sioux County110.9——0
Slope County312.7——0

By originations. Lenders: those with at least 25 applications in the county.

VA-guaranteed loans by month

VA publishes lender volume nationally, not by state; see the Aug 2026 VA lender table and the monthly series. The VA-guaranteed share of North Dakota originations by year is charted above from HMDA.

Questions and answers

Which mortgage lenders are most active in North Dakota?

By 2024 originations: Gate City Bank (2,328), First International Bank & Trust (758), Bell Bank (569), Capital Credit Union (510), United Wholesale Mortgage (508). 86 lenders had at least 25 applications in the state.

What is the mortgage denial rate in North Dakota?

14.3% of decided applications were denied in 2024, against 24.3% nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

How has mortgage lending in North Dakota changed since 2018?

Originations went from 16,191 in 2018 to 13,107 in 2024; the denial rate moved from 12.9% to 14.3%.

Where does this data come from?

From the public HMDA loan/application register (FFIEC and CFPB) for 2024, the HMDA Data Browser aggregations for 2018–2024, and Census Bureau household estimates.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 and Data Browser aggregations 2018–2024 (FFIEC and CFPB, public domain); households from the Census Bureau ACS 2024 five-year estimates. Built 30 Sep 2026; data through 1 Aug 2026.