American Financing · North Dakota · 2025

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

American Financing took 46 mortgage applications in North Dakota in 2025, ranking #73 of 322 lenders active in the state. It originated 17.4% of them and denied 50.0% (60.5% of the applications it decided), against a statewide denial rate of 11.4%.

46Applicationsin ND
60.5%Decision denial ratestate 13.7%
6.00%Median ratestate 6.50%
$240,000Median loanstate $205,000
$2.1MVolume17 counties

American Financing in North Dakota vs the state

50.0%Denial rate+38.56 pts vs state
60.5%Decision denial rate+46.81 pts vs state
17.4%Origination rate-52.30 pts vs state
6.00%Median rate-0.50 pts vs state
-0.10Rate spread (pts)-0.34 pts vs state
$110kMedian applicant income
8Loans originated
23Denied

Trend in North Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202313253.9%6.63%#104
202425840.0%5.88%#85
202546850.0%6.00%#73

What American Financing lends in North Dakota

By loan purpose

Home purchase 5 11% · 0.0% denied
Refinance 10 22% · 70.0% denied
Cash-out refinance 25 54% · 48.0% denied
Other / HELOC 6 13% · 66.7% denied

By loan type

Conventional 20 43% · 40.0% denied
FHA 26 57% · 57.7% denied

Why it denied North Dakota applicants

Other 6 26%
Credit history 6 26%
Debt-to-income ratio 6 26%
Collateral 3 13%
Incomplete application 2 9%

Where in North Dakota

Counties with the most American Financing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Stark County 805 62.5%
Cass County 713 42.9%
Burleigh County 712 28.6%
Williams County 715 71.4%
McKenzie County 312 66.7%
Ward County 220 0.0%
Bottineau County 211 50.0%
Richland County 100 0.0%
Morton County 110 0.0%
Steele County 101 100.0%

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: 46 applications in 2025, of which 8 were originated and 23 denied.

50.0% of all applications, or 60.5% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

The median rate on loans American Financing originated in North Dakota in 2025 was 6.00%, against a statewide median of 6.50%.

About this data. Figures are American Financing'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