Valley Mortgage in North Dakota vs the state
3.1%Denial rate-8.30 pts vs state
3.4%Decision denial rate-10.35 pts vs state
90.1%Origination rate+20.36 pts vs state
6.23%Median rate-0.28 pts vs state
-0.02Rate spread (pts)-0.26 pts vs state
$103kMedian applicant income
172Loans originated
6Denied
Trend in North Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 223 | 189 | 2.7% | 6.35% | #19 |
| 2024 | 201 | 179 | 0.5% | 6.12% | #22 |
| 2025 | 191 | 172 | 3.1% | 6.23% | #26 |
What Valley Mortgage lends in North Dakota
By loan purpose
By loan type
Why it denied North Dakota applicants
Where in North Dakota
Counties with the most Valley Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cass County | 173 | 155 | 5 | 2.9% |
| Richland County | 4 | 4 | 0 | 0.0% |
| Traill County | 4 | 3 | 1 | 25.0% |
| Pembina County | 2 | 2 | 0 | 0.0% |
| Grand Forks County | 2 | 2 | 0 | 0.0% |
| Barnes County | 2 | 2 | 0 | 0.0% |
| Cavalier County | 1 | 1 | 0 | 0.0% |
| Ransom County | 1 | 1 | 0 | 0.0% |
| Burleigh County | 1 | 1 | 0 | 0.0% |
| Griggs 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: 191 applications in 2025, of which 172 were originated and 6 denied.
3.1% of all applications, or 3.4% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.
The median rate on loans Valley Mortgage originated in North Dakota in 2025 was 6.23%, against a statewide median of 6.50%.
About this data. Figures are Valley 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