Newrez in North Dakota vs the state
15.5%Denial rate+4.06 pts vs state
27.1%Decision denial rate+13.38 pts vs state
40.2%Origination rate-29.47 pts vs state
6.49%Median rate-0.01 pts vs state
0.38Rate spread (pts)+0.14 pts vs state
$106kMedian applicant income
109Loans originated
42Denied
Trend in North Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 154 | 73 | 14.9% | 6.63% | #24 |
| 2024 | 177 | 88 | 17.5% | 6.50% | #24 |
| 2025 | 271 | 109 | 15.5% | 6.49% | #16 |
What Newrez lends in North Dakota
By loan purpose
By loan type
Why it denied North Dakota applicants
Where in North Dakota
Counties with the most Newrez applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cass County | 95 | 46 | 10 | 10.5% |
| Burleigh County | 37 | 16 | 5 | 13.5% |
| Ward County | 18 | 1 | 2 | 11.1% |
| Morton County | 17 | 6 | 2 | 11.8% |
| Williams County | 16 | 7 | 4 | 25.0% |
| Stark County | 14 | 5 | 0 | 0.0% |
| Grand Forks County | 13 | 5 | 1 | 7.7% |
| McKenzie County | 11 | 2 | 2 | 18.2% |
| Richland County | 8 | 4 | 3 | 37.5% |
| Traill County | 6 | 1 | 2 | 33.3% |
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% |
| Mortgage Research Center | C | 500 | 13.6% | 6.25% |
| Fairway Independent Mortgage | B | 497 | 3.0% | 6.40% |
Frequently asked questions
North Dakota: 271 applications in 2025, of which 109 were originated and 42 denied.
15.5% of all applications, or 27.1% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.
The median rate on loans Newrez originated in North Dakota in 2025 was 6.49%, against a statewide median of 6.50%.
About this data. Figures are Newrez'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