Fairway Independent Mortgage in North Dakota vs the state
3.0%Denial rate-8.42 pts vs state
3.8%Decision denial rate-9.95 pts vs state
76.9%Origination rate+7.17 pts vs state
6.40%Median rate-0.10 pts vs state
0.43Rate spread (pts)+0.19 pts vs state
$103kMedian applicant income
382Loans originated
15Denied
Trend in North Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 436 | 334 | 5.3% | 6.63% | #10 |
| 2024 | 569 | 442 | 3.9% | 6.38% | #9 |
| 2025 | 497 | 382 | 3.0% | 6.40% | #10 |
What Fairway Independent Mortgage lends in North Dakota
By loan purpose
By loan type
Why it denied North Dakota applicants
Where in North Dakota
Counties with the most Fairway Independent Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Williams County | 97 | 77 | 2 | 2.1% |
| Burleigh County | 75 | 61 | 0 | 0.0% |
| McKenzie County | 73 | 53 | 3 | 4.1% |
| Cass County | 65 | 58 | 0 | 0.0% |
| Stutsman County | 46 | 32 | 2 | 4.3% |
| Stark County | 42 | 27 | 3 | 7.1% |
| Morton County | 16 | 10 | 1 | 6.3% |
| Ward County | 10 | 6 | 1 | 10.0% |
| Barnes County | 10 | 9 | 0 | 0.0% |
| Grand Forks County | 7 | 4 | 0 | 0.0% |
Other large lenders in North Dakota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Gate City Bank | C | 3,106 | 11.3% | 6.65% |
| First International Bank & Trust | B | 1,112 | 4.0% | 6.63% |
| United Shore Financial Services | B | 881 | 7.5% | 6.25% |
| Rocket Mortgage | C | 827 | 21.6% | 6.63% |
| Bell Bank | A | 806 | 7.7% | 6.99% |
| First Community Credit Union | B | 675 | 7.1% | 6.49% |
| Capital | C | 646 | 3.7% | 7.00% |
| TOWN AND COUNTRY Credit Union | B | 571 | 2.1% | 6.25% |
| Mortgage Research Center | C | 500 | 13.6% | 6.25% |
| U.S. Bank | D | 486 | 30.0% | 7.30% |
Frequently asked questions
North Dakota: 497 applications in 2025, of which 382 were originated and 15 denied.
3.0% of all applications, or 3.8% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.
The median rate on loans Fairway Independent Mortgage originated in North Dakota in 2025 was 6.40%, against a statewide median of 6.50%.
About this data. Figures are Fairway Independent 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