Better Mortgage · North Dakota · 2025

Better Mortgage in North Dakota: approval rate, denial rate and rates (2025)

Better Mortgage took 49 mortgage applications in North Dakota in 2025, ranking #71 of 322 lenders active in the state. It originated 26.5% of them and denied 32.7% (55.2% of the applications it decided), against a statewide denial rate of 11.4%.

49Applicationsin ND
55.2%Decision denial ratestate 13.7%
8.25%Median ratestate 6.50%
$75,000Median loanstate $205,000
$2.5MVolume18 counties

Better Mortgage in North Dakota vs the state

32.7%Denial rate+21.21 pts vs state
55.2%Decision denial rate+41.45 pts vs state
26.5%Origination rate-43.16 pts vs state
8.25%Median rate+1.75 pts vs state
1.99Rate spread (pts)+1.75 pts vs state
$100kMedian applicant income
13Loans originated
16Denied

Trend in North Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023720.0%5.75%#126
202418522.2%6.25%#94
2025491332.7%8.25%#71

What Better Mortgage lends in North Dakota

By loan purpose

Home purchase 10 20% · 0.0% denied
Refinance 2 4% · 0.0% denied
Cash-out refinance 3 6% · 66.7% denied
Home improvement 6 12% · 66.7% denied
Other / HELOC 28 57% · 35.7% denied

By loan type

Conventional 46 94% · 34.8% denied
FHA 3 6% · 0.0% denied

Why it denied North Dakota applicants

Incomplete application 8 50%
Credit history 4 25%
Collateral 2 13%
Other 2 13%

Where in North Dakota

Counties with the most Better Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cass County 1114 36.4%
Williams County 612 33.3%
Burleigh County 540 0.0%
Ward County 522 40.0%
Grand Forks County 320 0.0%
Griggs County 201 50.0%
Walsh County 210 0.0%
Bowman County 201 50.0%
Stutsman County 202 100.0%
Stark County 210 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: 49 applications in 2025, of which 13 were originated and 16 denied.

32.7% of all applications, or 55.2% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

The median rate on loans Better Mortgage originated in North Dakota in 2025 was 8.25%, against a statewide median of 6.50%.

About this data. Figures are Better Mortgage'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