NextMortgage in North Dakota vs the state
1.1%Denial rate-10.34 pts vs state
1.5%Decision denial rate-12.20 pts vs state
58.2%Origination rate-11.45 pts vs state
6.99%Median rate+0.49 pts vs state
0.83Rate spread (pts)+0.59 pts vs state
$93kMedian applicant income
53Loans originated
1Denied
Trend in North Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 49 | 24 | 2.0% | 7.25% | #57 |
| 2024 | 87 | 52 | 3.5% | 7.50% | #47 |
| 2025 | 91 | 53 | 1.1% | 6.99% | #52 |
What NextMortgage lends in North Dakota
By loan purpose
By loan type
Why it denied North Dakota applicants
Where in North Dakota
Counties with the most NextMortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ward County | 24 | 15 | 0 | 0.0% |
| Stutsman County | 19 | 13 | 1 | 5.3% |
| Burleigh County | 19 | 12 | 0 | 0.0% |
| Morton County | 9 | 5 | 0 | 0.0% |
| Cass County | 7 | 2 | 0 | 0.0% |
| Emmons County | 2 | 0 | 0 | 0.0% |
| McKenzie County | 2 | 1 | 0 | 0.0% |
| Williams County | 2 | 1 | 0 | 0.0% |
| Mountrail County | 2 | 0 | 0 | 0.0% |
| Logan County | 1 | 1 | 0 | 0.0% |
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% |
| Mortgage Research Center | C | 500 | 13.6% | 6.25% |
| Fairway Independent Mortgage | B | 497 | 3.0% | 6.40% |
Frequently asked questions
North Dakota: 91 applications in 2025, of which 53 were originated and 1 denied.
1.1% of all applications, or 1.5% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.
The median rate on loans NextMortgage originated in North Dakota in 2025 was 6.99%, against a statewide median of 6.50%.
About this data. Figures are NextMortgage'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