Discover Bank · North Dakota · 2025

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

Discover Bank took 104 mortgage applications in North Dakota in 2025, ranking #46 of 322 lenders active in the state. It originated 7.7% of them and denied 58.7% (87.1% of the applications it decided), against a statewide denial rate of 11.4%.

104Applicationsin ND
87.1%Decision denial ratestate 13.7%
10.60%Median ratestate 6.50%
$55,000Median loanstate $205,000
$560kVolume20 counties

Discover Bank in North Dakota vs the state

58.7%Denial rate+47.21 pts vs state
87.1%Decision denial rate+73.42 pts vs state
7.7%Origination rate-62.00 pts vs state
10.60%Median rate+4.10 pts vs state
4.02Rate spread (pts)+3.77 pts vs state
$117kMedian applicant income
8Loans originated
61Denied

Trend in North Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233513355.8%9.49%#12
20243334750.8%9.11%#14
2025104858.7%10.60%#46

What Discover Bank lends in North Dakota

By loan purpose

Home purchase 2 2% · 50.0% denied
Refinance 15 14% · 53.3% denied
Home improvement 21 20% · 47.6% denied
Other / HELOC 66 63% · 63.6% denied

By loan type

Conventional 104 100% · 58.7% denied

Why it denied North Dakota applicants

Credit history 28 46%
Collateral 14 23%
Debt-to-income ratio 7 11%
Incomplete application 7 11%
Other 5 8%

Where in North Dakota

Counties with the most Discover Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cass County 29023 79.3%
Ward County 1328 61.5%
Burleigh County 1022 20.0%
Grand Forks County 913 33.3%
Stark County 704 57.1%
Stutsman County 615 83.3%
Williams County 513 60.0%
Morton County 403 75.0%
Richland County 402 50.0%
McLean County 301 33.3%

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: 104 applications in 2025, of which 8 were originated and 61 denied.

58.7% of all applications, or 87.1% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

The median rate on loans Discover Bank originated in North Dakota in 2025 was 10.60%, against a statewide median of 6.50%.

About this data. Figures are Discover 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