Freedom Mortgage · North Dakota · 2025

Freedom Mortgage in North Dakota: approval rate, denial rate and rates (2025)

Freedom Mortgage took 238 mortgage applications in North Dakota in 2025, ranking #20 of 322 lenders active in the state. It originated 37.4% of them and denied 16.8% (28.4% of the applications it decided), against a statewide denial rate of 11.4%.

238Applicationsin ND
28.4%Decision denial ratestate 13.7%
6.25%Median ratestate 6.50%
$265,000Median loanstate $205,000
$26MVolume30 counties

Freedom Mortgage in North Dakota vs the state

16.8%Denial rate+5.37 pts vs state
28.4%Decision denial rate+14.65 pts vs state
37.4%Origination rate-32.30 pts vs state
6.25%Median rate-0.25 pts vs state
0.02Rate spread (pts)-0.22 pts vs state
$90kMedian applicant income
89Loans originated
40Denied

Trend in North Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023692915.9%6.75%#49
20241749213.8%6.25%#25
20252388916.8%6.25%#20

What Freedom Mortgage lends in North Dakota

By loan purpose

Home purchase 30 13% · 26.7% denied
Refinance 103 43% · 6.8% denied
Cash-out refinance 104 44% · 24.0% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 15 6% · 26.7% denied
FHA 94 39% · 20.2% denied
VA 129 54% · 13.2% denied

Why it denied North Dakota applicants

Collateral 15 38%
Credit history 10 25%
Debt-to-income ratio 6 15%
Other 5 13%
Unverifiable information 1 3%
Employment history 1 3%
Insufficient cash 1 3%
Incomplete application 1 3%

Where in North Dakota

Counties with the most Freedom Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cass County 55216 10.9%
Ward County 35141 2.9%
Burleigh County 29136 20.7%
Williams County 2079 45.0%
Grand Forks County 19112 10.5%
Stark County 1270 0.0%
Stutsman County 1021 10.0%
Morton County 923 33.3%
McKenzie County 621 16.7%
Dunn County 520 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: 238 applications in 2025, of which 89 were originated and 40 denied.

16.8% of all applications, or 28.4% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

The median rate on loans Freedom Mortgage originated in North Dakota in 2025 was 6.25%, against a statewide median of 6.50%.

About this data. Figures are Freedom 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