North Dakota
Mortgage Loan Application
Totals and Details
in 2014

Find mortgage statistics and mortgage data for North Dakota.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2021 in all of North Dakota.
You can organize this information by metropolitan area and by county.

Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 27,603
Total Mortgage Loan Application Amount $5,312,593,000
Average Mortgage Loan Application Amount $192,000
Highest Mortgage Loan Application Amount $34,000,000
Average Applicant Income $85,000
Highest Applicant Income $7,885,000

Mortgage stats and application averages for each year are shown below, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or loan application data statistics in North Dakota, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists can also be organized by various details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.

Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, and the highest mortgage within that category. You can also look at information regarding the average income of the mortgage applicants and the highest income of the mortgage applicants. If you're looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

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Mortgage Loan Application Detail Totals for North Dakota in 2014

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 16,829 $3,674,735,000 $218,000 $34,000,000 $84,000 $7,885,000
Refinancing 8,265 $1,494,850,000 $180,000 $12,000,000 $86,000 $3,554,000
Home Improvement 2,509 $143,008,000 $56,000 $1,500,000 $88,000 $1,580,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 21,281 $3,561,381,000 $167,000 $14,001,000 $97,000 $7,885,000
Not applicable 3,954 $1,398,040,000 $353,000 $34,000,000 $13,000 $857,000
Not Provided 1,334 $193,145,000 $144,000 $1,020,000 $96,000 $1,367,000
American Indian or Alaskan Native 304 $31,209,000 $102,000 $417,000 $73,000 $588,000
Hispanic 285 $46,593,000 $163,000 $417,000 $80,000 $540,000
Asian 260 $46,351,000 $178,000 $662,000 $140,000 $800,000
Black or African American 140 $27,047,000 $193,000 $680,000 $86,000 $400,000
Native Hawaiian or Other Pacific Islander 45 $8,827,000 $196,000 $431,000 $102,000 $606,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 20,437 $3,968,766,000 $194,000 $34,000,000 $95,000 $7,885,000
FHA-insured (Federal Housing Administration) 3,736 $647,544,000 $173,000 $2,799,000 $58,000 $1,030,000
VA-guaranteed (Veterans Administration) 2,633 $585,092,000 $222,000 $607,000 $59,000 $496,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 797 $111,191,000 $139,000 $1,235,000 $40,000 $309,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 17,147 $3,429,715,000 $200,000 $34,000,000 $97,000 $7,885,000
Loan Purchased By The Institution 4,591 $925,648,000 $201,000 $9,880,000 $40,000 $903,000
Application Denied By Financial Institution 2,801 $389,191,000 $138,000 $15,864,000 $74,000 $1,338,000
Application Withdrawn By Applicant 1,883 $356,878,000 $189,000 $11,855,000 $91,000 $930,000
Application Approved But Not Accepted 738 $144,067,000 $195,000 $14,000,000 $102,000 $5,054,000
File Closed For Incompleteness 443 $67,094,000 $151,000 $700,000 $85,000 $1,200,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 623 $58,957,000 $94,000 $840,000 $77,000 $1,025,000
Debt-To-Income Ratio 417 $61,640,000 $147,000 $640,000 $61,000 $260,000
Collateral 372 $52,672,000 $141,000 $860,000 $87,000 $491,000
Credit Application Incomplete 177 $31,877,000 $180,000 $950,000 $88,000 $806,000
Other 125 $32,359,000 $258,000 $15,864,000 $80,000 $439,000
Unverifiable Information 59 $10,257,000 $173,000 $640,000 $94,000 $573,000
Employment History 44 $5,232,000 $118,000 $417,000 $64,000 $322,000
Insufficient Cash (Downpayment, Closing Cost) 34 $5,088,000 $149,000 $320,000 $74,000 $197,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
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Mortgage Loan Application Totals in 2014 by North Dakota Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
BISMARCK, ND 5,931 $ 1,197,690,000 $ 201,000 $ 92,000
FARGO, ND-MN 6,922 $ 1,364,739,000 $ 197,000 $ 80,000
GRAND FORKS, ND-MN 2,258 $ 400,060,000 $ 177,000 $ 82,000
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Mortgage Loan Application Totals in 2014 by North Dakota County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Adams 55 $ 8,170,000 $ 148,000 $ 68,000
Barnes 299 $ 73,343,000 $ 245,000 $ 91,000
Benson 59 $ 6,078,000 $ 103,000 $ 98,000
Billings 13 $ 2,477,000 $ 190,000 $ 120,000
Bottineau 160 $ 26,342,000 $ 164,000 $ 96,000
Bowman 58 $ 8,173,000 $ 140,000 $ 78,000
Burke 79 $ 9,406,000 $ 119,000 $ 83,000
Burleigh 4,369 $ 916,810,000 $ 209,000 $ 98,000
Cass 6,924 $ 1,364,822,000 $ 197,000 $ 80,000
Cavalier 75 $ 6,562,000 $ 87,000 $ 87,000
Dickey 139 $ 13,158,000 $ 94,000 $ 61,000
Divide 49 $ 6,621,000 $ 135,000 $ 109,000
Dunn 160 $ 26,527,000 $ 165,000 $ 118,000
Eddy 47 $ 6,958,000 $ 148,000 $ 81,000
Emmons 52 $ 6,128,000 $ 117,000 $ 68,000
Foster 113 $ 12,116,000 $ 107,000 $ 77,000
Golden Valley 50 $ 7,417,000 $ 148,000 $ 92,000
Grand Forks 2,260 $ 400,202,000 $ 177,000 $ 82,000
Grant 55 $ 5,202,000 $ 94,000 $ 57,000
Griggs 37 $ 3,123,000 $ 84,000 $ 44,000
Hettinger 76 $ 9,802,000 $ 128,000 $ 86,000
Kidder 55 $ 20,583,000 $ 374,000 $ 108,000
LaMoure 55 $ 7,272,000 $ 132,000 $ 110,000
Logan 16 $ 1,258,000 $ 78,000 $ 58,000
McHenry 146 $ 21,155,000 $ 144,000 $ 67,000
McIntosh 29 $ 2,027,000 $ 69,000 $ 61,000
McKenzie 488 $ 160,215,000 $ 328,000 $ 144,000
McLean 272 $ 39,885,000 $ 146,000 $ 83,000
Mercer 231 $ 34,250,000 $ 148,000 $ 86,000
Morton 1,496 $ 271,182,000 $ 181,000 $ 78,000
Mountrail 271 $ 62,082,000 $ 229,000 $ 113,000
Nelson 38 $ 3,532,000 $ 92,000 $ 68,000
Oliver 51 $ 5,857,000 $ 114,000 $ 67,000
Pembina 163 $ 15,506,000 $ 95,000 $ 72,000
Pierce 91 $ 12,423,000 $ 136,000 $ 85,000
Ramsey 348 $ 43,210,000 $ 124,000 $ 79,000
Ransom 132 $ 13,491,000 $ 102,000 $ 63,000
Renville 66 $ 9,774,000 $ 148,000 $ 77,000
Richland 469 $ 52,204,000 $ 111,000 $ 73,000
Rolette 189 $ 8,656,000 $ 45,000 $ 61,000
Sargent 87 $ 10,437,000 $ 119,000 $ 60,000
Sheridan 14 $ 1,255,000 $ 89,000 $ 44,000
Sioux 17 $ 3,962,000 $ 233,000 $ 99,000
Slope 5 $ 551,000 $ 110,000 $ 92,000
Stark 1,859 $ 425,906,000 $ 229,000 $ 87,000
Steele 33 $ 6,620,000 $ 200,000 $ 64,000
Stutsman 561 $ 70,212,000 $ 125,000 $ 76,000
Towner 33 $ 2,619,000 $ 79,000 $ 78,000
Traill 257 $ 28,545,000 $ 111,000 $ 72,000
Walsh 209 $ 18,662,000 $ 89,000 $ 62,000
Ward 2,895 $ 611,858,000 $ 211,000 $ 77,000
Wells 117 $ 10,019,000 $ 85,000 $ 56,000
Williams 1,418 $ 355,729,000 $ 250,000 $ 104,000

We hope these mortgage application details and statistics will give you a better idea of what to expect when applying for a mortgage.
Whether you are looking for a home loan, for home financing or refinancing, or for home improvement loan statistics, we have the information you need.
These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender in North Dakota.

If you prefer, you can download a copy of the entire list of mortgage lenders in North Dakota and search similar information back through 2003.

Download the North Dakota Lender List