Waterstone Mortgage · North Dakota · 2025

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

Waterstone Mortgage took 6 mortgage applications in North Dakota in 2025, ranking #158 of 322 lenders active in the state. It originated 50.0% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 11.4%.

6Applicationsin ND
0.0%Decision denial ratestate 13.7%
6.50%Median ratestate 6.50%
$255,000Median loanstate $205,000
$1.1MVolume2 counties

Waterstone Mortgage in North Dakota vs the state

0.0%Denial rate-11.44 pts vs state
0.0%Decision denial rate-13.72 pts vs state
50.0%Origination rate-19.69 pts vs state
6.50%Median rate0.00 pts vs state
0.43Rate spread (pts)+0.19 pts vs state
$90kMedian applicant income
3Loans originated
0Denied

What Waterstone Mortgage lends in North Dakota

By loan purpose

Home purchase 6 100% · 0.0% denied

By loan type

Conventional 4 67% · 0.0% denied
FHA 2 33% · 0.0% denied

Where in North Dakota

Counties with the most Waterstone Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Stutsman County 520 0.0%
Burleigh County 110 0.0%

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: 6 applications in 2025, of which 3 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

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

About this data. Figures are Waterstone 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