Guaranteed Rate · North Dakota · 2025

Guaranteed Rate in North Dakota: approval rate, denial rate and rates (2025)

Guaranteed Rate took 194 mortgage applications in North Dakota in 2025, ranking #25 of 322 lenders active in the state. It originated 52.1% of them and denied 9.3% (14.5% of the applications it decided), against a statewide denial rate of 11.4%.

194Applicationsin ND
14.5%Decision denial ratestate 13.7%
6.38%Median ratestate 6.50%
$275,000Median loanstate $205,000
$28MVolume22 counties

Guaranteed Rate in North Dakota vs the state

9.3%Denial rate-2.16 pts vs state
14.5%Decision denial rate+0.80 pts vs state
52.1%Origination rate-17.63 pts vs state
6.38%Median rate-0.13 pts vs state
0.17Rate spread (pts)-0.07 pts vs state
$104kMedian applicant income
101Loans originated
18Denied

Trend in North Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232401442.1%6.50%#18
20242801904.3%6.13%#16
20251941019.3%6.38%#25

What Guaranteed Rate lends in North Dakota

By loan purpose

Home purchase 131 68% · 7.6% denied
Refinance 29 15% · 0.0% denied
Cash-out refinance 16 8% · 0.0% denied
Home improvement 8 4% · 62.5% denied
Other / HELOC 10 5% · 30.0% denied

By loan type

Conventional 120 62% · 9.2% denied
FHA 44 23% · 13.6% denied
VA 29 15% · 3.5% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied North Dakota applicants

Incomplete application 4 22%
Debt-to-income ratio 3 17%
Credit history 3 17%
Collateral 3 17%
Unverifiable information 3 17%
Employment history 2 11%

Where in North Dakota

Counties with the most Guaranteed Rate applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cass County 1196310 8.4%
Burleigh County 1981 5.3%
Williams County 852 25.0%
Ward County 520 0.0%
Foster County 410 0.0%
Sargent County 430 0.0%
Morton County 440 0.0%
Ransom County 440 0.0%
Barnes County 430 0.0%
Stark County 311 33.3%

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: 194 applications in 2025, of which 101 were originated and 18 denied.

9.3% of all applications, or 14.5% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

The median rate on loans Guaranteed Rate originated in North Dakota in 2025 was 6.38%, against a statewide median of 6.50%.

About this data. Figures are Guaranteed Rate'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