Mutual of Omaha Mortgage · North Dakota · 2025

Mutual of Omaha Mortgage in North Dakota: approval rate, denial rate and rates (2025)

Mutual of Omaha Mortgage took 72 mortgage applications in North Dakota in 2025, ranking #60 of 322 lenders active in the state. It originated 44.4% of them and denied 19.4% (26.9% of the applications it decided), against a statewide denial rate of 11.4%.

72Applicationsin ND
26.9%Decision denial ratestate 13.7%
6.19%Median ratestate 6.50%
$165,000Median loanstate $205,000
$8.1MVolume22 counties

Mutual of Omaha Mortgage in North Dakota vs the state

19.4%Denial rate+8.00 pts vs state
26.9%Decision denial rate+13.20 pts vs state
44.4%Origination rate-25.25 pts vs state
6.19%Median rate-0.31 pts vs state
0.35Rate spread (pts)+0.11 pts vs state
$72kMedian applicant income
32Loans originated
14Denied

Trend in North Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023321828.1%7.25%#74
2024441922.7%6.75%#69
2025723219.4%6.19%#60

What Mutual of Omaha Mortgage lends in North Dakota

By loan purpose

Home purchase 11 15% · 18.2% denied
Refinance 7 10% · 0.0% denied
Cash-out refinance 35 49% · 25.7% denied
Home improvement 2 3% · 0.0% denied
Other / HELOC 17 24% · 17.7% denied

By loan type

Conventional 25 35% · 8.0% denied
FHA 35 49% · 28.6% denied
VA 11 15% · 9.1% denied
USDA / RHS 1 1% · 100.0% denied

Why it denied North Dakota applicants

Credit history 10 71%
Collateral 3 21%
Debt-to-income ratio 1 7%

Where in North Dakota

Counties with the most Mutual of Omaha Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cass County 1463 21.4%
Ward County 1154 36.4%
Burleigh County 1170 0.0%
Grand Forks County 530 0.0%
Morton County 531 20.0%
Williams County 310 0.0%
Mountrail County 300 0.0%
Stutsman County 321 33.3%
Barnes County 201 50.0%
Foster County 202 100.0%

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: 72 applications in 2025, of which 32 were originated and 14 denied.

19.4% of all applications, or 26.9% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

The median rate on loans Mutual of Omaha Mortgage originated in North Dakota in 2025 was 6.19%, against a statewide median of 6.50%.

About this data. Figures are Mutual of Omaha 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