Figure Lending in North Dakota vs the state
27.6%Denial rate+16.20 pts vs state
28.1%Decision denial rate+14.38 pts vs state
46.3%Origination rate-23.35 pts vs state
8.50%Median rate+2.00 pts vs state
2.33Rate spread (pts)+2.09 pts vs state
$106kMedian applicant income
57Loans originated
34Denied
Trend in North Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 68 | 30 | 23.5% | 11.83% | #50 |
| 2024 | 91 | 44 | 36.3% | 10.13% | #46 |
| 2025 | 123 | 57 | 27.6% | 8.50% | #40 |
What Figure Lending lends in North Dakota
By loan purpose
By loan type
Why it denied North Dakota applicants
Where in North Dakota
Counties with the most Figure Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cass County | 23 | 15 | 4 | 17.4% |
| Ward County | 23 | 8 | 9 | 39.1% |
| Burleigh County | 14 | 5 | 3 | 21.4% |
| Grand Forks County | 10 | 8 | 2 | 20.0% |
| Richland County | 7 | 2 | 1 | 14.3% |
| Stutsman County | 6 | 4 | 2 | 33.3% |
| Williams County | 6 | 3 | 1 | 16.7% |
| Stark County | 5 | 2 | 3 | 60.0% |
| Morton County | 4 | 1 | 0 | 0.0% |
| Barnes County | 3 | 1 | 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% |
| Fairway Independent Mortgage | B | 497 | 3.0% | 6.40% |
Frequently asked questions
North Dakota: 123 applications in 2025, of which 57 were originated and 34 denied.
27.6% of all applications, or 28.1% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.
The median rate on loans Figure Lending originated in North Dakota in 2025 was 8.50%, against a statewide median of 6.50%.
About this data. Figures are Figure Lending'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