Wells Fargo Bank · North Dakota · 2025

Wells Fargo Bank in North Dakota: approval rate, denial rate and rates (2025)

Wells Fargo Bank took 115 mortgage applications in North Dakota in 2025, ranking #42 of 322 lenders active in the state. It originated 48.7% of them and denied 13.9% (22.2% of the applications it decided), against a statewide denial rate of 11.4%.

115Applicationsin ND
22.2%Decision denial ratestate 13.7%
6.50%Median ratestate 6.50%
$205,000Median loanstate $205,000
$64MVolume23 counties

Wells Fargo Bank in North Dakota vs the state

13.9%Denial rate+2.47 pts vs state
22.2%Decision denial rate+8.50 pts vs state
48.7%Origination rate-20.99 pts vs state
6.50%Median rate0.00 pts vs state
0.15Rate spread (pts)-0.09 pts vs state
$87kMedian applicant income
56Loans originated
16Denied

Trend in North Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231528119.1%6.50%#25
20241145224.6%6.56%#35
20251155613.9%6.50%#42

What Wells Fargo Bank lends in North Dakota

By loan purpose

Home purchase 67 58% · 7.5% denied
Refinance 10 9% · 10.0% denied
Cash-out refinance 31 27% · 25.8% denied
Home improvement 4 3% · 25.0% denied
Other / HELOC 3 3% · 33.3% denied

By loan type

Conventional 105 91% · 12.4% denied
FHA 6 5% · 50.0% denied
VA 4 3% · 0.0% denied

Why it denied North Dakota applicants

Debt-to-income ratio 5 31%
Credit history 4 25%
Collateral 4 25%
Other 2 13%
Unverifiable information 1 6%

Where in North Dakota

Counties with the most Wells Fargo Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cass County 44226 13.6%
Grand Forks County 1533 20.0%
Ward County 1181 9.1%
Williams County 861 12.5%
Burleigh County 630 0.0%
Richland County 330 0.0%
McHenry County 320 0.0%
Golden Valley County 320 0.0%
Dickey County 310 0.0%
Mountrail County 302 66.7%

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: 115 applications in 2025, of which 56 were originated and 16 denied.

13.9% of all applications, or 22.2% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.

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

About this data. Figures are Wells Fargo 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