Burleigh County, North Dakota · 2025

Mortgage lenders in Burleigh County, ND: denial rates and top lenders (2025)

145 lenders acted on 2,980 mortgage applications for properties in Burleigh County in 2025. 9.0% were denied (North Dakota: 11.4%). Median rate on closed loans 6.59%; median loan $215,000; median property value $385,000.

3.0kApplications
9.0%Denial ratestate 11.4%
6.59%Median ratestate 6.50%
$215,000Median loan
$385,000Median property value

Largest lenders in Burleigh County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Gate City Bank C 572459 9.8%6.63%
2 Capital C 299242 4.4%7.10%
3 First International Bank & Trust B 171139 4.1%6.75%
4 Dakota Community Bank & Trust B 124101 4.8%6.38%
5 United Shore Financial Services B 118107 2.5%6.38%
6 Rocket Mortgage C 10477 15.4%6.88%
7 Kirkwood Bank & Trust A 9182 1.1%
8 Bravera Bank A 8982 2.3%
9 Starion Bank B 8971 2.3%6.49%
10 Fairway Independent Mortgage B 7561 0.0%6.40%
11 BNC National Bank A 7561 5.3%7.50%
12 U.S. Bank D 6433 31.3%7.80%
13 Railway C 6452 14.1%
14 21st Mortgage F 6221 45.2%9.99%
15 First Community Credit Union B 4841 4.2%6.50%
16 First Western Bank & Trust B 4537 2.2%6.63%
17 Choice Financial Group B 4330 9.3%6.59%
18 Newrez D 3716 13.5%6.75%
19 Mortgage Research Center C 3616 19.4%6.12%
20 Ark-La-Tex Financial Services, LLC. A 3125 0.0%6.35%
21 Pennymac Loan Services C 2915 20.7%8.25%
22 Freedom Mortgage B 2913 20.7%6.25%
23 Cornerstone Bank B 2519 4.0%7.18%
24 Coastal Community Bank C 258 0.0%14.24%
25 Security First Bank of North Dakota 2423 0.0%

Best approval odds in Burleigh County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

What Burleigh County borrowers applied for

By loan purpose

Home purchase 1,540 52% · 5.3% denied
Refinance 388 13% · 7.2% denied
Cash-out refinance 309 10% · 17.8% denied
Home improvement 307 10% · 10.8% denied
Other / HELOC 436 15% · 16.1% denied

By loan type

Conventional 2,476 83% · 8.6% denied
FHA 291 10% · 11.3% denied
VA 208 7% · 10.1% denied
USDA / RHS 5 0% · 0.0% denied

Why applications were denied

Credit history 88 34%
Debt-to-income ratio 86 34%
Collateral 41 16%
Incomplete application 18 7%
Other 16 6%
Unverifiable information 3 1%
Insufficient cash 3 1%
Employment history 1 0%

Burleigh County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,4361,75810.2%6.75%$205,000
20242,6391,9867.5%6.75%$215,000
20252,9802,2029.0%6.59%$215,000

Frequently asked questions

9.0% of applications in Burleigh County were denied in 2025, against 11.4% statewide in North Dakota.

Gate City Bank, with 572 applications in 2025 and a denial rate of 9.8%.

The median mortgage application in Burleigh County in 2025 was for $215,000; the median property value on originated loans was $385,000.