Old National Bank · North Dakota · 2025

Old National Bank in North Dakota: approval rate, denial rate and rates (2025)

Old National Bank took 189 mortgage applications in North Dakota in 2025, ranking #27 of 322 lenders active in the state. It originated 71.4% of them and denied 12.7% (14.9% of the applications it decided), against a statewide denial rate of 11.4%.

189Applicationsin ND
14.9%Decision denial ratestate 13.7%
6.50%Median ratestate 6.50%
$185,000Median loanstate $205,000
$73MVolume22 counties

Old National Bank in North Dakota vs the state

12.7%Denial rate+1.26 pts vs state
14.9%Decision denial rate+1.19 pts vs state
71.4%Origination rate+1.74 pts vs state
6.50%Median rate0.00 pts vs state
-0.08Rate spread (pts)-0.32 pts vs state
$108kMedian applicant income
135Loans originated
24Denied

What Old National Bank lends in North Dakota

By loan purpose

Home purchase 96 51% · 5.2% denied
Refinance 32 17% · 21.9% denied
Cash-out refinance 15 8% · 20.0% denied
Home improvement 17 9% · 17.7% denied
Other / HELOC 29 15% · 20.7% denied

By loan type

Conventional 178 94% · 11.8% denied
FHA 4 2% · 75.0% denied
VA 4 2% · 0.0% denied
USDA / RHS 3 2% · 0.0% denied

Why it denied North Dakota applicants

Debt-to-income ratio 15 63%
Credit history 6 25%
Collateral 1 4%
Incomplete application 1 4%
Other 1 4%

Where in North Dakota

Counties with the most Old National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cass County 57423 5.3%
Grand Forks County 54409 16.7%
Walsh County 1392 15.4%
Richland County 1281 8.3%
Ward County 1082 20.0%
Ransom County 952 22.2%
Stutsman County 642 33.3%
Burleigh County 521 20.0%
Pierce County 430 0.0%
Ramsey County 431 25.0%

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: 189 applications in 2025, of which 135 were originated and 24 denied.

12.7% of all applications, or 14.9% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

The median rate on loans Old National Bank originated in North Dakota in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Old National Bank'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