Luminate Bank · North Dakota · 2025

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

Luminate Bank took 7 mortgage applications in North Dakota in 2025, ranking #144 of 322 lenders active in the state. It originated 71.4% of them and denied 14.3% (16.7% of the applications it decided), against a statewide denial rate of 11.4%.

7Applicationsin ND
16.7%Decision denial ratestate 13.7%
6.99%Median ratestate 6.50%
$345,000Median loanstate $205,000
$2.7MVolume4 counties

Luminate Bank in North Dakota vs the state

14.3%Denial rate+2.85 pts vs state
16.7%Decision denial rate+2.95 pts vs state
71.4%Origination rate+1.74 pts vs state
6.99%Median rate+0.49 pts vs state
0.44Rate spread (pts)+0.20 pts vs state
$159kMedian applicant income
5Loans originated
1Denied

What Luminate Bank lends in North Dakota

By loan purpose

Home purchase 7 100% · 14.3% denied

By loan type

Conventional 6 86% · 0.0% denied
FHA 1 14% · 100.0% denied

Why it denied North Dakota applicants

Credit history 1 100%

Where in North Dakota

Counties with the most Luminate Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Williams County 311 33.3%
Cass County 220 0.0%
Burleigh County 110 0.0%
McKenzie 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: 7 applications in 2025, of which 5 were originated and 1 denied.

14.3% of all applications, or 16.7% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

The median rate on loans Luminate Bank originated in North Dakota in 2025 was 6.99%, against a statewide median of 6.50%.

About this data. Figures are Luminate 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