Flagstar Bank · North Dakota · 2025

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

Flagstar Bank took 28 mortgage applications in North Dakota in 2025, ranking #92 of 322 lenders active in the state. It originated 75.0% of them and denied 21.4% (22.2% of the applications it decided), against a statewide denial rate of 11.4%.

28Applicationsin ND
22.2%Decision denial ratestate 13.7%
6.13%Median ratestate 6.50%
$225,000Median loanstate $205,000
$5.2MVolume6 counties

Flagstar Bank in North Dakota vs the state

21.4%Denial rate+9.99 pts vs state
22.2%Decision denial rate+8.50 pts vs state
75.0%Origination rate+5.31 pts vs state
6.13%Median rate-0.38 pts vs state
0.09Rate spread (pts)-0.15 pts vs state
$114kMedian applicant income
21Loans originated
6Denied

Trend in North Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231107820.0%6.63%#34
20241199015.1%6.50%#32
2025282121.4%6.13%#92

What Flagstar Bank lends in North Dakota

By loan purpose

Home purchase 23 82% · 21.7% denied
Refinance 1 4% · 0.0% denied
Cash-out refinance 4 14% · 25.0% denied

By loan type

Conventional 13 46% · 15.4% denied
FHA 10 36% · 10.0% denied
VA 3 11% · 33.3% denied
USDA / RHS 2 7% · 100.0% denied

Why it denied North Dakota applicants

Incomplete application 5 83%
Credit history 1 17%

Where in North Dakota

Counties with the most Flagstar Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ward County 1183 27.3%
Burleigh County 871 12.5%
Stark County 422 50.0%
Morton County 330 0.0%
Cass County 100 0.0%
Renville County 110 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: 28 applications in 2025, of which 21 were originated and 6 denied.

21.4% of all applications, or 22.2% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

The median rate on loans Flagstar Bank originated in North Dakota in 2025 was 6.13%, against a statewide median of 6.50%.

About this data. Figures are Flagstar 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