Carrington Mortgage Services · North Dakota · 2025

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

Carrington Mortgage Services took 28 mortgage applications in North Dakota in 2025, ranking #91 of 322 lenders active in the state. It originated 25.0% of them and denied 35.7% (41.7% of the applications it decided), against a statewide denial rate of 11.4%.

28Applicationsin ND
41.7%Decision denial ratestate 13.7%
6.13%Median ratestate 6.50%
$190,000Median loanstate $205,000
$1.4MVolume10 counties

Carrington Mortgage Services in North Dakota vs the state

35.7%Denial rate+24.27 pts vs state
41.7%Decision denial rate+27.95 pts vs state
25.0%Origination rate-44.69 pts vs state
6.13%Median rate-0.38 pts vs state
0.35Rate spread (pts)+0.11 pts vs state
$97kMedian applicant income
7Loans originated
10Denied

Trend in North Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202413815.4%2.81%#102
202528735.7%6.13%#91

What Carrington Mortgage Services lends in North Dakota

By loan purpose

Home purchase 5 18% · 0.0% denied
Refinance 4 14% · 25.0% denied
Cash-out refinance 19 68% · 47.4% denied

By loan type

Conventional 10 36% · 50.0% denied
FHA 11 39% · 36.4% denied
VA 7 25% · 14.3% denied

Why it denied North Dakota applicants

Incomplete application 4 40%
Debt-to-income ratio 3 30%
Collateral 2 20%
Credit history 1 10%

Where in North Dakota

Counties with the most Carrington Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Burleigh County 512 40.0%
Grand Forks County 512 40.0%
Cass County 402 50.0%
Williams County 320 0.0%
Richland County 311 33.3%
Hettinger County 201 50.0%
Stark County 201 50.0%
Ward County 211 50.0%
Stutsman County 100 0.0%
Ransom County 110 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: 28 applications in 2025, of which 7 were originated and 10 denied.

35.7% of all applications, or 41.7% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

The median rate on loans Carrington Mortgage Services originated in North Dakota in 2025 was 6.13%, against a statewide median of 6.50%.

About this data. Figures are Carrington Mortgage Services'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