American Financial Resources · North Dakota · 2025

American Financial Resources in North Dakota: approval rate, denial rate and rates (2025)

American Financial Resources took 8 mortgage applications in North Dakota in 2025, ranking #138 of 322 lenders active in the state. It originated 37.5% of them and denied 25.0% (40.0% of the applications it decided), against a statewide denial rate of 11.4%.

8Applicationsin ND
40.0%Decision denial ratestate 13.7%
6.88%Median ratestate 6.50%
$230,000Median loanstate $205,000
$1.1MVolume7 counties

American Financial Resources in North Dakota vs the state

25.0%Denial rate+13.56 pts vs state
40.0%Decision denial rate+26.28 pts vs state
37.5%Origination rate-32.19 pts vs state
6.88%Median rate+0.38 pts vs state
0.94Rate spread (pts)+0.70 pts vs state
$139kMedian applicant income
3Loans originated
2Denied

Trend in North Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235320.0%7.63%#140
20241676.3%7.00%#97
20258325.0%6.88%#138

What American Financial Resources lends in North Dakota

By loan purpose

Home purchase 5 63% · 40.0% denied
Refinance 2 25% · 0.0% denied
Cash-out refinance 1 13% · 0.0% denied

By loan type

Conventional 3 38% · 33.3% denied
FHA 4 50% · 25.0% denied
USDA / RHS 1 13% · 0.0% denied

Why it denied North Dakota applicants

Debt-to-income ratio 1 50%
Credit history 1 50%

Where in North Dakota

Counties with the most American Financial Resources applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Williams County 210 0.0%
Richland County 110 0.0%
Stark County 101 100.0%
Bottineau County 100 0.0%
Burleigh County 101 100.0%
McLean County 110 0.0%
Stutsman County 100 0.0%

Other large lenders in North Dakota

LenderGradeApplicationsDenial rateMedian rate
Gate City BankC 3,10611.3%6.65%
First International Bank & TrustB 1,1124.0%6.63%
United Shore Financial ServicesB 8817.5%6.25%
Rocket MortgageC 82721.6%6.63%
Bell BankA 8067.7%6.99%
First Community Credit UnionB 6757.1%6.49%
CapitalC 6463.7%7.00%
TOWN AND COUNTRY Credit UnionB 5712.1%6.25%
Mortgage Research CenterC 50013.6%6.25%
Fairway Independent MortgageB 4973.0%6.40%

Frequently asked questions

North Dakota: 8 applications in 2025, of which 3 were originated and 2 denied.

25.0% of all applications, or 40.0% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

The median rate on loans American Financial Resources originated in North Dakota in 2025 was 6.88%, against a statewide median of 6.50%.

About this data. Figures are American Financial Resources'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