American Federal Bank in North Dakota vs the state
11.2%Denial rate-0.20 pts vs state
13.0%Decision denial rate-0.73 pts vs state
65.2%Origination rate-4.52 pts vs state
—Median rate
—Rate spread (pts)
$126kMedian applicant income
58Loans originated
10Denied
Trend in North Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 79 | 70 | 1.3% | — | #45 |
| 2024 | 111 | 91 | 3.6% | — | #39 |
| 2025 | 89 | 58 | 11.2% | — | #53 |
What American Federal Bank lends in North Dakota
By loan purpose
By loan type
Why it denied North Dakota applicants
Where in North Dakota
Counties with the most American Federal Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cass County | 53 | 36 | 6 | 11.3% |
| Grand Forks County | 23 | 13 | 2 | 8.7% |
| Richland County | 4 | 2 | 0 | 0.0% |
| Pembina County | 2 | 2 | 0 | 0.0% |
| Foster County | 1 | 1 | 0 | 0.0% |
| Ward County | 1 | 1 | 0 | 0.0% |
| Sheridan County | 1 | 0 | 1 | 100.0% |
| Traill County | 1 | 1 | 0 | 0.0% |
| McLean County | 1 | 1 | 0 | 0.0% |
| Burleigh County | 1 | 1 | 0 | 0.0% |
Other large lenders in North Dakota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Gate City Bank | C | 3,106 | 11.3% | 6.65% |
| First International Bank & Trust | B | 1,112 | 4.0% | 6.63% |
| United Shore Financial Services | B | 881 | 7.5% | 6.25% |
| Rocket Mortgage | C | 827 | 21.6% | 6.63% |
| Bell Bank | A | 806 | 7.7% | 6.99% |
| First Community Credit Union | B | 675 | 7.1% | 6.49% |
| Capital | C | 646 | 3.7% | 7.00% |
| TOWN AND COUNTRY Credit Union | B | 571 | 2.1% | 6.25% |
| Mortgage Research Center | C | 500 | 13.6% | 6.25% |
| Fairway Independent Mortgage | B | 497 | 3.0% | 6.40% |
Frequently asked questions
North Dakota: 89 applications in 2025, of which 58 were originated and 10 denied.
11.2% of all applications, or 13.0% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are American Federal Bank's own HMDA filing for properties located in North Dakota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology