Mortgage Research Center in North Dakota vs the state
13.6%Denial rate+2.16 pts vs state
19.7%Decision denial rate+5.93 pts vs state
55.2%Origination rate-14.49 pts vs state
6.25%Median rate-0.25 pts vs state
-0.23Rate spread (pts)-0.47 pts vs state
$94kMedian applicant income
276Loans originated
68Denied
Trend in North Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 303 | 171 | 13.5% | 6.75% | #15 |
| 2024 | 436 | 255 | 12.2% | 6.38% | #11 |
| 2025 | 500 | 276 | 13.6% | 6.25% | #9 |
What Mortgage Research Center lends in North Dakota
By loan purpose
By loan type
Why it denied North Dakota applicants
Where in North Dakota
Counties with the most Mortgage Research Center applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ward County | 112 | 73 | 9 | 8.0% |
| Cass County | 82 | 41 | 12 | 14.6% |
| Williams County | 44 | 25 | 9 | 20.5% |
| Grand Forks County | 38 | 18 | 6 | 15.8% |
| Burleigh County | 36 | 16 | 7 | 19.4% |
| Stark County | 25 | 16 | 2 | 8.0% |
| Ramsey County | 18 | 7 | 3 | 16.7% |
| Morton County | 15 | 7 | 2 | 13.3% |
| McKenzie County | 10 | 5 | 1 | 10.0% |
| Walsh County | 10 | 5 | 3 | 30.0% |
Other large lenders in North Dakota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Gate City Bank | C | 3,106 | 11.3% | 6.65% |
| First International Bank & Trust | B | 1,112 | 4.0% | 6.63% |
| United Shore Financial Services | B | 881 | 7.5% | 6.25% |
| Rocket Mortgage | C | 827 | 21.6% | 6.63% |
| Bell Bank | A | 806 | 7.7% | 6.99% |
| First Community Credit Union | B | 675 | 7.1% | 6.49% |
| Capital | C | 646 | 3.7% | 7.00% |
| TOWN AND COUNTRY Credit Union | B | 571 | 2.1% | 6.25% |
| Fairway Independent Mortgage | B | 497 | 3.0% | 6.40% |
| U.S. Bank | D | 486 | 30.0% | 7.30% |
Frequently asked questions
North Dakota: 500 applications in 2025, of which 276 were originated and 68 denied.
13.6% of all applications, or 19.7% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.
The median rate on loans Mortgage Research Center originated in North Dakota in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are Mortgage Research Center'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