STATE MARKET PROFILE · HMDA PUBLIC DATA

North Dakota mortgage market

Name: North Dakota Mortgage Market 2025
Creator: MortRadar
License: https://mortradar.com/legal/attribution

Who lends in North Dakota, how much, and how it is changing — origination volume, denial rates, the top lenders by volume, and the purchase vs refinance mix, 2018–2025, from HMDA public data. Figures are as of activity year 2025 (latest available). Free — no account required.

Origination volume · 2025

$3.97B

+23.9% vs 2024

Originations · 2025

14,333

+9.4% vs 2024

Denial rate · 2025

11.4%

denied / actioned

HMDA reporters · 2025

330

HMDA reporters

Rank among states & territories

#50

of 54 states & territories by volume

Share of U.S. volume

0.2%

U.S. $2.41T

Median loan amount

$215K

U.S. $245K

Top lender

Gate City Bank

11.8% of the state

◈

MARKET SHARE

Gate City Bank led North Dakota in 2025 with $466.7M — 11.8% of the state's disclosed volume. North Dakota ranks #50 of 54 states & territories by origination volume, 0.2% of the national total. Statewide volume rose +23.9% from 2024.

Origination volume by year

North Dakota dollar volume of originated loans

$ VOLUME · HOVER FOR UNITS

Loan purpose mix

Share of 2025 ORIGINATED LOANS — a unit mix. No source publishes purpose-level dollars, so this is never a $ share.

Purchase58%

Refinance23%

Other purposes19%

Denial rate by year

North Dakota vs the U.S. · denials / actioned applications

% · STATE VS U.S.

Agency channel mix

Share of 2025 originations

Conventional78%

FHA12%

VA10%

USDA / RHS1%

Lenders in North Dakota · 2025

All 330 lenders that reported in North Dakota, ranked by origination volume · sort, filter and export any of them · each row opens the company profile

EVERY NORTH DAKOTA RECORD →

1Gate City Bank2,368$466.7M11.8%

+12.1%

2First International Bank & Trust941$277.0M7.0%

+50.6%

3United Wholesale Mortgage725$214.9M5.4%

+48.8%

4Bell Bank674$182.7M4.6%

+64.3%

5First Community Credit Union518$135.5M3.4%

+65.2%

6Bravera Bank326$116.8M2.9%

+72.4%

7Fairway Independent Mortgage382$115.0M2.9%

−7.5%

8Rocket Mortgage549$114.4M2.9%

+14.2%

9Capital Credit Union516$112.6M2.8%

+9.3%

10Town and Country Credit Union470$108.9M2.7%

+2.9%

11Choice Financial Group168$83.5M2.1%

+125.3%

12Dakota Community Bank & Trust281$79.8M2.0%

+4.4%

13Mortgage Research Center276$78.9M2.0%

+17.1%

14Starion Bank166$76.8M1.9%

−3.0%

15Old National Bank135$73.1M1.8%

+9913.0%

16Colliers Mortgage5$65.5M1.7%

+963.0%

17Wells Fargo Bank56$63.9M1.6%

+355.9%

18First Western Bank & Trust205$62.4M1.6%

+14.4%

19Valley Mortgage172$56.0M1.4%

+9.9%

20Alerus Financial235$55.8M1.4%

+11.1%

21Western State Bank121$52.2M1.3%

+150.9%

22Ark-La-Tex Financial Services176$51.1M1.3%

−37.6%

23U.S. Bank239$46.2M1.2%

−36.7%

24Granite Bank136$39.3M1.0%

+14201.8%

25Border Bank36$35.0M0.9%

+608.6%

26CrossCountry Mortgage104$33.7M0.8%

+149.6%

27Dacotah Bank109$33.0M0.8%

+13.5%

28Aspire Community Federal Credit Union145$31.7M0.8%

+76.3%

29Bank Forward93$31.5M0.8%

+35.4%

30NewRez109$31.1M0.8%

+17.3%

31Lument Real Estate Capital7$31.0M0.8%

+28.7%

32Kirkwood Bank & Trust Co120$28.9M0.7%

−14.8%

33Guaranteed Rate101$28.2M0.7%

−44.3%

34Cambria Financial Group85$27.4M0.7%

+56.2%

35Freedom Mortgage89$26.2M0.7%

−4.2%

36Presidential Bank80$25.8M0.7%

+712.3%

37loanDepot121$25.6M0.6%

+38.5%

38Bremer Bank61$24.4M0.6%

−64.3%

39PennyMac Loan Services110$24.1M0.6%

+43.1%

40Guild Mortgage112$23.7M0.6%

+88.4%

41Cornerstone Bank106$22.4M0.6%

−13.3%

42American Federal Bank58$22.1M0.6%

−41.2%

43KodaBank56$21.7M0.5%

+395.8%

44Northmarq Capital Finance, L.L.C3$20.5M0.5%—

45New American Funding83$18.5M0.5%

+164.2%

46Bellwether Enterprise Real Estate Capital3$18.3M0.5%—

47First Colony Mortgage Corporat57$18.1M0.5%

+45.8%

48Navy Federal Credit Union72$18.0M0.5%

+12.4%

49Barrington Bank & Trust Company64$16.0M0.4%

−20.7%

50Western Cooperative Credit Union88$15.4M0.4%

+10.7%

51Nextmortgage53$14.7M0.4%

+7.9%

52BNC National Bank105$14.3M0.4%

+25.2%

53Security First Bank of North Dakota47$14.1M0.4%

−3.6%

54CMG Mortgage44$13.9M0.3%

+1343.8%

55First State Bank61$13.4M0.3%

+40.1%

56USAA Federal Savings Bank41$13.2M0.3%

+6.6%

57First Resource Bank3$13.0M0.3%

+1689.7%

58Unison Bank94$12.8M0.3%

+83.7%

59Nationstar Mortgage74$12.8M0.3%

+66.4%

60United Valley Bank42$12.4M0.3%

+69.6%

61First United Bank56$12.2M0.3%

−24.9%

6221st Mortgage108$12.1M0.3%

−31.8%

63American Neighborhood Mortgage Acceptance38$11.4M0.3%—

64AgCountry Farm Credit Services, FLCA28$11.3M0.3%

−7.9%

65Railway Credit Union97$10.8M0.3%

+39.3%

66Nations Lending40$10.3M0.3%

−50.3%

67Arbor Realty Trust1$8.9M0.2%

−75.4%

68Frandsen Bank & Trust40$8.7M0.2%

+14.1%

69Florida Capital Bank30$8.7M0.2%

+214.1%

70Mutual of Omaha Mortgage32$8.1M0.2%

+48.5%

71V.I.P. Mortgage27$8.1M0.2%

+17.1%

72JPMorgan Chase Bank29$7.9M0.2%

−1.9%

73A&D Mortgage30$7.7M0.2%—

74Empeople Credit Union41$7.5M0.2%

−2.7%

75The Union Bank19$7.5M0.2%

+94.4%

76Union Home Mortgage22$7.5M0.2%

+326.2%

77Grandbridge Real Estate Capital1$6.9M0.2%—

78First Federal Bank22$6.6M0.2%

+15.1%

79Lakeview Loan Servicing28$6.5M0.2%

+49.0%

80Huntington National Bank13$6.5M0.2%

+31.1%

81Keystone Funding19$6.1M0.2%—

82Bank of America22$6.0M0.2%

+190.7%

83VisionBank of Iowa2$6.0M0.2%—

84Merchants Bank32$5.9M0.1%

+34.6%

85The17$5.6M0.1%

+175.1%

86BMO Harris Bank32$5.4M0.1%

−24.8%

87Planet Home Lending17$5.4M0.1%

+71.8%

88NBKC Bank13$5.3M0.1%

+28.1%

89Flagstar Bank21$5.2M0.1%

−79.9%

90Vue Community Credit Union34$5.1M0.1%

+47.6%

91Magnifi Financial Credit Union15$5.0M0.1%

+117.5%

92Amerisave Mortgage42$5.0M0.1%

+113.4%

93Berkadia Commercial Mortgage1$4.8M0.1%—

94West Gate Bank14$4.8M0.1%

+258.6%

95Click n' Close18$4.7M0.1%

+35.5%

96Towne Mortgage17$4.4M0.1%

−14.4%

97Plaza Home Mortgage15$4.4M0.1%

+361.3%

98Village Capital & Investment14$4.3M0.1%

+51.3%

99Figure Lending57$4.2M0.1%

+81.0%

100Cardinal Financial Company, Li17$4.2M0.1%

+72.5%

101Bankwest25$4.2M0.1%

−2.2%

102Plains Commerce Bank15$4.0M0.1%

−51.2%

103Pike Creek Mortgage Services17$3.8M0.1%—

104Hometown Credit Union43$3.7M0.1%

+96.6%

105Dakota Heritage Bank23$3.7M0.1%

+1.2%

106Minnwest Bank3$3.7M0.1%

+186.8%

107Vanderbilt Mortgage & Finance2$3.4M0.1%—

108Guaranteed Rate Affinity8$3.1M0.1%

+117.6%

109Coastal Community Bank52$3.0M0.1%

+93.6%

110Equity Prime Mortgage10$2.9M0.1%

+43.8%

111Farm Credit Mid-America, Aca10$2.8M0.1%—

112Luminate Bank5$2.7M0.1%—

113Johnson Bank1$2.7M0.1%—

114HomeBridge Financial Services14$2.6M0.1%

+5.9%

115PHH Mortgage7$2.5M0.1%

+141.3%

116Better Mortgage13$2.5M0.1%

+77.3%

117Triad Financial Services22$2.4M0.1%

+173.3%

118Primary Residential Mortgage8$2.3M0.1%

−91.4%

119Envoy Mortgage9$2.3M0.1%

+337.5%

120Dakota West Credit Union8$2.3M0.1%

−23.2%

121Stifel Bank & Trust5$2.2M0.1%

−19.4%

122Sage Home Loans6$2.2M0.1%

+318.9%

123OCMBC9$2.2M0.1%

+80.8%

124Affinity Plus Federal Credit Union19$2.2M0.1%

−3.1%

125Sofi Bank17$2.2M0.1%

−15.1%

126American Financing8$2.1M0.1%

−0.9%

127American Bank & Trust2$2.1M0.1%

+245.9%

128Northwestern Bank8$2.1M0.1%

+28.0%

129Paramount Residential Mortgage12$2.1M0.1%—

130AmeriHome Mortgage6$2.1M0.1%

+165.0%

131American Pacific Mortgage9$2.1M0.1%

+28.1%

132PNC Bank10$1.9M0.0%

+344.7%

133Zillow Home Loans10$1.9M0.0%

−24.3%

134Walker & Dunlop1$1.8M0.0%—

135Kind Lending6$1.8M0.0%

−55.0%

136SIRVA Mortgage4$1.8M0.0%

+92.7%

137Bridgewater Bank1$1.8M0.0%—

138PrimeLending6$1.8M0.0%

+44.6%

139Servion10$1.6M0.0%

−25.0%

140Deephaven Mortgage7$1.6M0.0%

+226.8%

141Midwest Bank8$1.6M0.0%

−73.6%

142Premia Mortgage5$1.5M0.0%

−55.9%

143Old Plank Trail Community Bank3$1.5M0.0%—

144M&T Bank5$1.5M0.0%

+55.0%

145RBC Bank (Georgia)5$1.4M0.0%—

146Carrington Mortgage Services7$1.4M0.0%

−32.5%

147Alliant Credit Union2$1.4M0.0%

+151.8%

148Magnolia Bank5$1.4M0.0%

−1.8%

149Canopy Mortgage3$1.3M0.0%

−31.3%

150Wheaton Bank & Trust Company2$1.3M0.0%

+130.1%

151Bay Equity3$1.3M0.0%

−86.2%

152Deerwood Bank3$1.2M0.0%

+329.3%

153NQM Funding1$1.2M0.0%—

154First Interstate Bank5$1.2M0.0%

+53.6%

155Morgan Stanley Private Bank3$1.2M0.0%

−57.9%

156American Financial Resources3$1.1M0.0%

−26.2%

157Security Bank & Trust Company2$1.1M0.0%

+300.0%

158Wings Financial Credit Union3$1.1M0.0%

+21.7%

159Prosperity Home Mortgage3$1.1M0.0%

+64.1%

160Waterstone Mortgage3$1.1M0.0%

+52.5%

161Redwood Residential Acquisition1$955K0.0%—

162Cornerstone First Mortgage2$910K0.0%

+149.3%

163Valley Premier Bank6$890K0.0%

+12.7%

164Movement Mortgage3$865K0.0%

+253.1%

165Charles Schwab Bank2$830K0.0%

+155.4%

166RoundPoint Mortgage Servicing5$825K0.0%

+42.2%

167Black Hills Federal Credit Union2$810K0.0%

+295.1%

168Libertyville Bank & Trust Company2$800K0.0%—

169Generations Bank1$765K0.0%

+0.0%

170Pentagon Federal Credit Union4$760K0.0%

−37.4%

171Willamette Valley Bank2$760K0.0%

+237.8%

172Stockman Bank of Montana3$755K0.0%

−51.8%

173Compeer Financial3$745K0.0%

+893.3%

174Securitynational Mortgage3$745K0.0%—

175Churchill Mortgage6$740K0.0%

+8.8%

176Texana Bank3$735K0.0%

+212.8%

177First Horizon Bank1$725K0.0%—

178The Loan Store2$700K0.0%—

179Sun West Mortgage2$670K0.0%

−80.6%

180Truist Bank3$665K0.0%

+22.0%

181Cortrust Mortgage3$645K0.0%

+163.3%

182Armed Forces Bank2$640K0.0%

+85.5%

183First Community Mortgage3$635K0.0%

−76.6%

184Finance of America Reverse4$630K0.0%

+41.6%

185Discover Bank8$560K0.0%

−83.2%

186Communityamerica Federal Credit Union1$555K0.0%

+170.7%

187AmWest Funding2$550K0.0%

+80.3%

188Everett Financial2$550K0.0%

+93.0%

189Lower4$540K0.0%

−33.7%

190Stride Bank2$530K0.0%—

191Valon Mortgage8$520K0.0%—

192Synergy One Lending2$500K0.0%—

193First Federal Bank & Trust1$485K0.0%—

194St. Charles Bank & Trust Company1$475K0.0%—

195Chevron Federal Credit Union1$475K0.0%—

196Hometown Equity Mortgage2$470K0.0%—

197NFM1$445K0.0%

−50.6%

198Performance Equity Partners8$440K0.0%

+2833.3%

199Angel Oak Mortgage Solutions2$440K0.0%—

200First National Bank1$425K0.0%

−21.3%

201Northpointe Bank1$425K0.0%—

202Dominion Financial Services2$410K0.0%

−31.7%

203Nexera Holding1$405K0.0%—

204Flanagan State Bank2$400K0.0%

+70.2%

205Advantage Plus FCU1$395K0.0%—

206Skyone Federal Credit Union1$395K0.0%—

207First Savings Bank1$395K0.0%

−74.3%

208Mission Loans1$385K0.0%—

209Summit Mortgage1$375K0.0%—

210T2 Financial1$375K0.0%—

211Northwest Bank1$375K0.0%—

212Top Flite Financial2$370K0.0%—

213American Financial Network1$365K0.0%

−51.7%

214First Dakota National Bak2$360K0.0%

−19.1%

215Citizens Bank2$360K0.0%

−6.5%

216Longbridge Financial3$355K0.0%

+91.9%

217Genway Home Mortgage1$355K0.0%—

218Success Lending1$355K0.0%

−67.1%

219Citizens Equity First Credit U2$340K0.0%—

220Black Hills Community Bank1$325K0.0%

+6.6%

221Service Federal Credit Union1$315K0.0%

−68.3%

222Northrop Grumman Federal Credit Union1$315K0.0%—

223Sierra Pacific Mortgage1$305K0.0%

+221.1%

224Credit Union Mortgage Associat1$305K0.0%

−63.3%

225Midwestone Bank1$305K0.0%—

226Pioneer Bank & Trust1$295K0.0%

+15.7%

227Weichert Financial Services1$295K0.0%

−3.3%

228Nexbank1$295K0.0%

−79.6%

229The First National Bank in Sioux Falls1$295K0.0%—

230Peoples State Bank of Plainview1$285K0.0%—

231South Story Bank & Trust1$285K0.0%—

232US Mortgage1$285K0.0%—

233Freeport State Bank1$285K0.0%—

234Mortgage Solutions of Colorado1$285K0.0%

−45.2%

235Bison State Bank1$285K0.0%—

236First National Bank of Omaha1$285K0.0%—

237BoxCar Mortgage1$275K0.0%—

238Thrivent Federal Credit Union1$275K0.0%

−44.4%

239Quorum Federal Credit Union4$270K0.0%

+125.0%

240Home Mortgage Alliance Corp (Hmac)1$265K0.0%—

241Levo Federal Credit Union1$265K0.0%—

242NBH Bank1$265K0.0%—

243Loansteady1$245K0.0%

−78.8%

244Baxter Credit Union1$245K0.0%

−35.5%

245Ixonia Bank1$245K0.0%

+14.0%

246First National Bank of America2$240K0.0%—

247Centennial Bank1$235K0.0%—

248Neighborhood National Bank1$235K0.0%—

249Bank Five Nine1$225K0.0%—

250Deseret First Credit Union1$225K0.0%—

251Peoples Bank1$225K0.0%—

252Blaze Credit Union2$220K0.0%

−54.6%

253Arvest Bank2$220K0.0%—

254Pioneer Bank1$205K0.0%—

255Firefighters First Federal Credit Union1$205K0.0%—

256The State Bank of Faribault2$200K0.0%—

257Bankwest1$195K0.0%—

258Iowa Bankers Mortgage1$195K0.0%—

259Homeowners Financial Group1$195K0.0%

−4.9%

260Peoples Bank1$195K0.0%—

261Chartwell Financial3$185K0.0%

+23.3%

262United Federal Credit Union1$185K0.0%—

263Change Lending1$175K0.0%

−85.4%

264Foundation Mortgage1$175K0.0%—

265City Bank1$165K0.0%—

266Fifth Third Bank1$165K0.0%—

267Griffin Funding1$155K0.0%—

268American National Bank of Minnesota1$145K0.0%—

269First Bank & Trust1$145K0.0%

−32.6%

270The Central Trust Bank1$145K0.0%

−79.7%

271Kiavi Funding1$135K0.0%—

272Little Horn State Bank1$105K0.0%—

273Connexus Credit Union1$85K0.0%

+54.5%

274Frontier Bank1$85K0.0%—

275University Bank1$85K0.0%—

276Credit Union 12$80K0.0%—

277Ultima Bank Minnesota1$75K0.0%

−85.8%

278Signature Federal Credit Union1$75K0.0%—

279Gateway First Bank1$55K0.0%—

280Think Mutual Bank0———

281RCN Capital0———

282MidFirst Bank0———

283Cake Mortgage0———

284National Cooperative Bank0———

285Vista Point Mortgage0———

286American Nation Bank0———

287Gold Star Mortgage Financial Group0———

288TruHome Solutions0———

289Community Credit Union of Florida0———

290Gold Coast Bank0———

291Arc Home0———

292WSFS bank0———

293American Bank of Commerce0———

294Liberty Federal Credit Union0———

295Data Mortgage0———

296LendingOne0———

297Hapo Communtiy Credit Union0———

298Financial Partners Credit Unio0———

299American Internet Mortgage0———

300Pinnacle Bank0———

301Cornerstone Capital Bank0———

302Oneaz Credit Union0———

303American United FCU0———

304UBS Bank USA0———

305All in Credit Union0———

306Atlanta Postal Credit Union0———

307Associated Credit Union of TX0———

308Reliabank Dakota0———

309Anchor Loans0———

310Fourleaf Federal Credit Union0———

311Calcon Mutual Mortgage0———

312Plainscapital Bank0———

313Abnb Federal Credit Union0———

314Village Bank & Trust0———

315Spring EQ0———

316Genisys Credit Union0———

317Teachers Federal Credit Union0———

318Centier Bank0———

319Mason-McDuffie Mortgage0———

320Lendsure Mortgage0———

321Northview Bank0———

322Total Mortgage Services0———

323Imagine Home Lending0———

324Servbank0———

325Truwest Credit Union0———

326First Premier Bank0———

327Hinsdale Bank & Trust Company0———

328Citibank0———

329Goldman Sachs Bank USA0———

330Broadway National Bank0———

1-4 family dwellings: Originations whose derived dwelling category is Single Family (1-4 Units) — site-built or manufactured.

ON THIS PAGE · This page is published for search and is served from cache, so it cannot read a scope from the address bar. The pills open the North Dakota state hub, which honours the rung; the figures here stay on the full HMDA basis and the ladder below states exactly what that includes.

What “originations” counts

Every rung below is a strict subset of the one above it, for North Dakota in 2025. No single HMDA slice equals the industry origination figure, so this shows the whole ladder rather than picking one and claiming it matches.

All HMDA originations14,333$4B100.0%— the widest basis

1-4 family dwellings14,072$3.2B81.4%5+ unit multifamily · 261 loans · $739.0M

1-4 family, first lien10,915$3B74.8%junior and subordinate liens · 3,157 loans · $260.0M

1-4 family, first lien, closed-end(disclosure only)10,528$2.9B73.0%home-equity lines of credit · 387 loans · $71.1M

1-4 family, first lien, closed-end, consumer-purpose(disclosure only)9,926$2.8B69.8%business-purpose loans and reverse mortgages · 602 loans · $126.2M

Source: HMDA public loan-application data (CFPB/FFIEC), action taken = 1, activity year 2025. The two lowest rungs are shown for disclosure and are not selectable — a HELOC flag or a business-purpose flag that the filer claimed the partial exemption on arrives unreported, so those two rungs keep unreported records rather than guessing.

Counties in North Dakota

Mortgage lending by county — 25 with enough origination volume to profile, largest first

Cass County 4,100 Burleigh County 2,202 Ward County 1,378 Grand Forks County 1,263 Williams County 712 Stark County 721 Morton County 757 McKenzie County 226 Stutsman County 386 Richland County 313 McLean County 168 Barnes County 162 Mercer County 148 Ramsey County 158 Traill County 155 Walsh County 120 Mountrail County 95 Bottineau County 86 Pembina County 88 Dunn County 57 McHenry County 68 Ransom County 59 Dickey County 61 Emmons County 50 Wells County 54

COUNTY PROFILES INCLUDE

Origination volume and denial rate, market concentration, the top lenders operating there, ACS housing and income context, and FEMA natural-hazard exposure.

Go deeper

North Dakota in the full MortRadar app

North Dakota market benchmarks →Interactive year-by-year volume, rates, and channel-mix charts North Dakota state hub — every dataset →HMDA lender share, FHA, Fannie/Freddie, Ginnie Mae, VA, NMLS licensing, the state housing finance agency, CFPB complaints and market context, one tab each Top Mortgage Players →Cross-metric national leaderboard: HMDA, Ginnie, FHA, market cap National market hub →U.S. origination totals, movers, and the state map

Other state markets

Largest states by 2025 volume

California$344.74B Texas$186.23B Florida$183.52B New York$116.18B North Carolina$89.58B Washington$81.03B Georgia$79.74B Virginia$77.59B

All 50 states + DC →

Attribution & methodology. North Dakota figures are computed by MortRadar from Home Mortgage Disclosure Act (HMDA) public data published by the Consumer Financial Protection Bureau (CFPB) and the Federal Financial Institutions Examination Council (FFIEC), activity years 2018–2025. Originations = loans originated (action taken 1); denial rate = denials / actioned applications (CFPB Data Browser convention); “state share” is a lender’s share of the state’s disclosed origination volume; loan amounts are the public files’ midpoint-rounded values. MortRadar’s aggregations are derived works and are not published, reviewed, or endorsed by the CFPB, FFIEC, or any government agency. See data attribution and the disclaimer.

Fair-lending context: denial rates and demographic figures shown here are descriptive statistics derived from public HMDA and U.S. Census data. HMDA does not contain the credit, income, or underwriting variables that explain most lending outcomes, so a difference between lenders or areas is a statistical observation about published data — not evidence of, and not a determination of, discrimination or redlining by any institution.