McKenzie County, North Dakota · 2025

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

79 lenders acted on 412 mortgage applications for properties in McKenzie County in 2025. 18.5% were denied (North Dakota: 11.4%). Median rate on closed loans 6.75%; median loan $305,000; median property value $425,000.

412Applications
18.5%Denial ratestate 11.4%
6.75%Median ratestate 6.50%
$305,000Median loan
$425,000Median property value

Largest lenders in McKenzie County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Fairway Independent Mortgage B 7353 4.1%6.38%
2 First International Bank & Trust B 4738 8.5%7.31%
3 Rocket Mortgage C 2510 32.0%6.69%
4 Crosscountry Mortgage B 2014 10.0%6.58%
5 Dakota West Credit Union 196 26.3%7.24%
6 United Shore Financial Services B 187 27.8%6.13%
7 Cornerstone Bank B 1816 5.6%7.24%
8 American Neighborhood Mortgage Acceptance Company B 1311 0.0%6.50%
9 Broker Solutions D 124 16.7%6.75%
10 Gate City Bank C 117 27.3%6.65%
11 Newrez D 112 18.2%6.87%
12 Mortgage Research Center C 105 10.0%6.63%
13 Loandepot.Com D 85 37.5%7.75%
14 21st Mortgage F 72 42.9%11.27%
15 Bankwest F 70 42.9%
16 Freedom Mortgage B 62 16.7%6.00%
17 Nationstar Mortgage C 63 33.3%6.25%
18 Coastal Community Bank C 62 0.0%13.62%
19 U.S. Bank D 52 40.0%6.74%
20 The Federal Savings Bank C 51 20.0%5.63%

Best approval odds in McKenzie County

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

#LenderDecidedDecision denial rate
1Fairway Independent Mortgage565.4%

What McKenzie County borrowers applied for

By loan purpose

Home purchase 215 52% · 11.2% denied
Refinance 71 17% · 14.1% denied
Cash-out refinance 71 17% · 33.8% denied
Home improvement 23 6% · 30.4% denied
Other / HELOC 32 8% · 34.4% denied

By loan type

Conventional 264 64% · 18.9% denied
FHA 116 28% · 19.0% denied
VA 32 8% · 12.5% denied

Why applications were denied

Debt-to-income ratio 24 32%
Collateral 16 21%
Credit history 16 21%
Incomplete application 8 11%
Insufficient cash 4 5%
Unverifiable information 3 4%
Other 3 4%
Employment history 1 1%

McKenzie County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202328518411.9%7.00%$255,000
202426818511.9%6.88%$295,000
202541222618.5%6.75%$305,000

Frequently asked questions

18.5% of applications in McKenzie County were denied in 2025, against 11.4% statewide in North Dakota.

Fairway Independent Mortgage, with 73 applications in 2025 and a denial rate of 4.1%.

The median mortgage application in McKenzie County in 2025 was for $305,000; the median property value on originated loans was $425,000.