Navy Federal Credit Union · North Dakota · 2025

Navy Federal Credit Union in North Dakota: approval rate, denial rate and rates (2025)

Navy Federal Credit Union took 138 mortgage applications in North Dakota in 2025, ranking #36 of 322 lenders active in the state. It originated 52.2% of them and denied 18.8% (26.3% of the applications it decided), against a statewide denial rate of 11.4%.

138Applicationsin ND
26.3%Decision denial ratestate 13.7%
6.13%Median ratestate 6.50%
$190,000Median loanstate $205,000
$18MVolume24 counties

Navy Federal Credit Union in North Dakota vs the state

18.8%Denial rate+7.40 pts vs state
26.3%Decision denial rate+12.54 pts vs state
52.2%Origination rate-17.52 pts vs state
6.13%Median rate-0.38 pts vs state
-0.39Rate spread (pts)-0.63 pts vs state
$110kMedian applicant income
72Loans originated
26Denied

Trend in North Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231003325.0%6.00%#38
20241256317.6%6.25%#31
20251387218.8%6.13%#36

What Navy Federal Credit Union lends in North Dakota

By loan purpose

Home purchase 77 56% · 1.3% denied
Refinance 9 7% · 33.3% denied
Cash-out refinance 9 7% · 44.4% denied
Home improvement 18 13% · 50.0% denied
Other / HELOC 25 18% · 36.0% denied

By loan type

Conventional 73 53% · 31.5% denied
VA 65 47% · 4.6% denied

Why it denied North Dakota applicants

Other 7 27%
Debt-to-income ratio 6 23%
Collateral 4 15%
Credit history 4 15%
Incomplete application 3 12%
Unverifiable information 2 8%

Where in North Dakota

Counties with the most Navy Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ward County 45318 17.8%
Cass County 24106 25.0%
Grand Forks County 1471 7.1%
Williams County 1346 46.2%
Burleigh County 1291 8.3%
Bottineau County 310 0.0%
Pembina County 311 33.3%
Stutsman County 201 50.0%
Stark County 210 0.0%
Pierce County 200 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: 138 applications in 2025, of which 72 were originated and 26 denied.

18.8% of all applications, or 26.3% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

The median rate on loans Navy Federal Credit Union originated in North Dakota in 2025 was 6.13%, against a statewide median of 6.50%.

About this data. Figures are Navy Federal Credit Union'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