Bankwest in North Dakota vs the state
38.4%Denial rate+26.92 pts vs state
52.8%Decision denial rate+39.11 pts vs state
34.3%Origination rate-35.44 pts vs state
8.00%Median rate+1.50 pts vs state
2.55Rate spread (pts)+2.31 pts vs state
$108kMedian applicant income
25Loans originated
28Denied
Trend in North Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 48 | 18 | 41.7% | 8.25% | #60 |
| 2024 | 58 | 32 | 24.1% | 8.25% | #63 |
| 2025 | 73 | 25 | 38.4% | 8.00% | #57 |
What Bankwest lends in North Dakota
By loan purpose
By loan type
Why it denied North Dakota applicants
Where in North Dakota
Counties with the most Bankwest applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Stark County | 12 | 6 | 5 | 41.7% |
| Williams County | 11 | 4 | 4 | 36.4% |
| Grand Forks County | 8 | 3 | 5 | 62.5% |
| McKenzie County | 7 | 0 | 3 | 42.9% |
| Cass County | 6 | 0 | 4 | 66.7% |
| McLean County | 3 | 2 | 0 | 0.0% |
| Billings County | 2 | 1 | 0 | 0.0% |
| Walsh County | 2 | 0 | 1 | 50.0% |
| Dickey County | 2 | 0 | 0 | 0.0% |
| LaMoure County | 2 | 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: 73 applications in 2025, of which 25 were originated and 28 denied.
38.4% of all applications, or 52.8% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.
The median rate on loans Bankwest originated in North Dakota in 2025 was 8.00%, against a statewide median of 6.50%.
About this data. Figures are Bankwest'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