First Community Credit Union · North Dakota · 2025

First Community Credit Union in North Dakota: approval rate, denial rate and rates (2025)

First Community Credit Union took 675 mortgage applications in North Dakota in 2025, ranking #6 of 322 lenders active in the state. It originated 76.7% of them and denied 7.1% (8.5% of the applications it decided), against a statewide denial rate of 11.4%.

675Applicationsin ND
8.5%Decision denial ratestate 13.7%
6.49%Median ratestate 6.50%
$145,000Median loanstate $205,000
$136MVolume32 counties

First Community Credit Union in North Dakota vs the state

7.1%Denial rate-4.33 pts vs state
8.5%Decision denial rate-5.24 pts vs state
76.7%Origination rate+7.05 pts vs state
6.49%Median rate-0.01 pts vs state
0.22Rate spread (pts)-0.02 pts vs state
$90kMedian applicant income
518Loans originated
48Denied

Trend in North Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,08147516.6%6.50%#2
20241,13342119.1%6.50%#2
20256755187.1%6.49%#6

What First Community Credit Union lends in North Dakota

By loan purpose

Home purchase 381 56% · 2.6% denied
Refinance 106 16% · 7.6% denied
Cash-out refinance 11 2% · 0.0% denied
Home improvement 10 1% · 0.0% denied
Other / HELOC 167 25% · 18.0% denied

By loan type

Conventional 605 90% · 7.4% denied
FHA 43 6% · 7.0% denied
VA 21 3% · 0.0% denied
USDA / RHS 6 1% · 0.0% denied

Why it denied North Dakota applicants

Credit history 19 40%
Debt-to-income ratio 15 31%
Collateral 6 13%
Employment history 4 8%
Other 2 4%
Unverifiable information 2 4%

Where in North Dakota

Counties with the most First Community Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cass County 16112310 6.2%
Stutsman County 101738 7.9%
Barnes County 61484 6.6%
Grand Forks County 59474 6.8%
Burleigh County 48412 4.2%
Ramsey County 45362 4.4%
Richland County 40311 2.5%
Dickey County 19152 10.5%
Traill County 19181 5.3%
Morton County 15110 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%
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%
U.S. BankD 48630.0%7.30%

Frequently asked questions

North Dakota: 675 applications in 2025, of which 518 were originated and 48 denied.

7.1% of all applications, or 8.5% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

The median rate on loans First Community Credit Union originated in North Dakota in 2025 was 6.49%, against a statewide median of 6.50%.

About this data. Figures are First Community Credit Union'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