Rocket Mortgage · North Dakota · 2025

Rocket Mortgage in North Dakota: approval rate, denial rate and rates (2025)

Rocket Mortgage took 827 mortgage applications in North Dakota in 2025, ranking #4 of 322 lenders active in the state. It originated 66.4% of them and denied 21.6% (23.9% of the applications it decided), against a statewide denial rate of 11.4%.

827Applicationsin ND
23.9%Decision denial ratestate 13.7%
6.63%Median ratestate 6.50%
$185,000Median loanstate $205,000
$114MVolume49 counties

Rocket Mortgage in North Dakota vs the state

21.6%Denial rate+10.20 pts vs state
23.9%Decision denial rate+10.18 pts vs state
66.4%Origination rate-3.31 pts vs state
6.63%Median rate+0.13 pts vs state
0.55Rate spread (pts)+0.31 pts vs state
$94kMedian applicant income
549Loans originated
179Denied

Trend in North Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202351834923.2%6.63%#8
202466447019.9%6.63%#5
202582754921.6%6.63%#4

What Rocket Mortgage lends in North Dakota

By loan purpose

Home purchase 239 29% · 14.2% denied
Refinance 174 21% · 17.8% denied
Cash-out refinance 378 46% · 26.7% denied
Home improvement 12 1% · 33.3% denied
Other / HELOC 24 3% · 37.5% denied

By loan type

Conventional 547 66% · 19.2% denied
FHA 190 23% · 31.6% denied
VA 90 11% · 15.6% denied

Why it denied North Dakota applicants

Collateral 88 49%
Debt-to-income ratio 32 18%
Incomplete application 25 14%
Insufficient cash 13 7%
Credit history 7 4%
Unverifiable information 6 3%
Other 5 3%
Employment history 3 2%

Where in North Dakota

Counties with the most Rocket Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cass County 1399825 18.0%
Burleigh County 1047716 15.4%
Williams County 835221 25.3%
Ward County 735115 20.5%
Grand Forks County 47367 14.9%
Morton County 42286 14.3%
Stark County 41298 19.5%
McKenzie County 25108 32.0%
Stutsman County 21116 28.6%
Richland County 19133 15.8%

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%
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%
U.S. BankD 48630.0%7.30%

Frequently asked questions

North Dakota: 827 applications in 2025, of which 549 were originated and 179 denied.

21.6% of all applications, or 23.9% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

The median rate on loans Rocket Mortgage originated in North Dakota in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are Rocket 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