Broker Solutions · North Dakota · 2025

Broker Solutions in North Dakota: approval rate, denial rate and rates (2025)

Broker Solutions took 203 mortgage applications in North Dakota in 2025, ranking #24 of 322 lenders active in the state. It originated 40.9% of them and denied 14.8% (26.6% of the applications it decided), against a statewide denial rate of 11.4%.

203Applicationsin ND
26.6%Decision denial ratestate 13.7%
6.88%Median ratestate 6.50%
$165,000Median loanstate $205,000
$18MVolume36 counties

Broker Solutions in North Dakota vs the state

14.8%Denial rate+3.34 pts vs state
26.6%Decision denial rate+12.83 pts vs state
40.9%Origination rate-28.80 pts vs state
6.88%Median rate+0.38 pts vs state
1.06Rate spread (pts)+0.82 pts vs state
$79kMedian applicant income
83Loans originated
30Denied

Trend in North Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202384348.3%6.75%#42
20241043214.4%6.93%#41
20252038314.8%6.88%#24

What Broker Solutions lends in North Dakota

By loan purpose

Home purchase 82 40% · 4.9% denied
Refinance 26 13% · 3.9% denied
Cash-out refinance 61 30% · 26.2% denied
Home improvement 6 3% · 16.7% denied
Other / HELOC 28 14% · 28.6% denied

By loan type

Conventional 77 38% · 9.1% denied
FHA 109 54% · 18.4% denied
VA 17 8% · 17.7% denied

Why it denied North Dakota applicants

Credit history 19 63%
Collateral 7 23%
Other 2 7%
Unverifiable information 1 3%
Debt-to-income ratio 1 3%

Where in North Dakota

Counties with the most Broker Solutions applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cass County 31151 3.2%
Ward County 24105 20.8%
Burleigh County 24144 16.7%
Williams County 20112 10.0%
Morton County 1472 14.3%
McKenzie County 1242 16.7%
Stark County 1242 16.7%
Grand Forks County 1033 30.0%
Ransom County 512 40.0%
Sargent County 410 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: 203 applications in 2025, of which 83 were originated and 30 denied.

14.8% of all applications, or 26.6% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

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

About this data. Figures are Broker Solutions'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