Dacotah Bank · North Dakota · 2025

Dacotah Bank in North Dakota: approval rate, denial rate and rates (2025)

Dacotah Bank took 125 mortgage applications in North Dakota in 2025, ranking #39 of 322 lenders active in the state. It originated 87.2% of them and denied 5.6% (6.0% of the applications it decided), against a statewide denial rate of 11.4%.

125Applicationsin ND
6.0%Decision denial ratestate 13.7%
6.63%Median ratestate 6.50%
$235,000Median loanstate $205,000
$33MVolume26 counties

Dacotah Bank in North Dakota vs the state

5.6%Denial rate-5.84 pts vs state
6.0%Decision denial rate-7.74 pts vs state
87.2%Origination rate+17.51 pts vs state
6.63%Median rate+0.13 pts vs state
0.25Rate spread (pts)+0.01 pts vs state
$121kMedian applicant income
109Loans originated
7Denied

Trend in North Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231211015.0%6.75%#29
20241431164.9%7.00%#29
20251251095.6%6.63%#39

What Dacotah Bank lends in North Dakota

By loan purpose

Home purchase 83 66% · 3.6% denied
Refinance 25 20% · 0.0% denied
Cash-out refinance 8 6% · 37.5% denied
Home improvement 3 2% · 0.0% denied
Other / HELOC 6 5% · 16.7% denied

By loan type

Conventional 111 89% · 5.4% denied
FHA 9 7% · 11.1% denied
VA 4 3% · 0.0% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied North Dakota applicants

Credit history 3 43%
Collateral 2 29%
Employment history 1 14%
Debt-to-income ratio 1 14%

Where in North Dakota

Counties with the most Dacotah Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Stark County 21191 4.8%
Cass County 20200 0.0%
Ward County 20172 10.0%
Barnes County 14120 0.0%
Stutsman County 970 0.0%
Burleigh County 761 14.3%
Burke County 440 0.0%
Rolette County 440 0.0%
Renville County 330 0.0%
Williams County 330 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: 125 applications in 2025, of which 109 were originated and 7 denied.

5.6% of all applications, or 6.0% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

The median rate on loans Dacotah Bank originated in North Dakota in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are Dacotah Bank'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