Village Capital & Investment in North Dakota vs the state
18.2%Denial rate+6.74 pts vs state
23.5%Decision denial rate+9.81 pts vs state
31.8%Origination rate-37.87 pts vs state
5.75%Median rate-0.75 pts vs state
—Rate spread (pts)
$114kMedian applicant income
14Loans originated
8Denied
Trend in North Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 16 | 4 | 6.3% | 6.19% | #98 |
| 2024 | 32 | 9 | 12.5% | 6.25% | #79 |
| 2025 | 44 | 14 | 18.2% | 5.75% | #76 |
What Village Capital & Investment lends in North Dakota
By loan purpose
By loan type
Why it denied North Dakota applicants
Where in North Dakota
Counties with the most Village Capital & Investment applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cass County | 13 | 5 | 4 | 30.8% |
| Ward County | 8 | 3 | 1 | 12.5% |
| Burleigh County | 6 | 2 | 0 | 0.0% |
| Walsh County | 3 | 1 | 0 | 0.0% |
| Williams County | 2 | 0 | 1 | 50.0% |
| Morton County | 2 | 1 | 0 | 0.0% |
| Richland County | 2 | 0 | 0 | 0.0% |
| Stark County | 2 | 0 | 1 | 50.0% |
| Renville County | 1 | 1 | 0 | 0.0% |
| Mountrail County | 1 | 0 | 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: 44 applications in 2025, of which 14 were originated and 8 denied.
18.2% of all applications, or 23.5% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.
The median rate on loans Village Capital & Investment originated in North Dakota in 2025 was 5.75%, against a statewide median of 6.50%.
About this data. Figures are Village Capital & Investment'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