North Dakota
Mortgage Loan Application
Totals and Details
in 2021

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 2003-2022 in all of North Dakota.
You can organize this information by metropolitan area and by county.

Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 43,167
Total Mortgage Loan Application Amount $10,156,085,000
Average Mortgage Loan Application Amount $235,000
Highest Mortgage Loan Application Amount $33,725,000
Average Applicant Income $108,000
Highest Applicant Income $5,500,000

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 2021

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 17,771 $4,618,715,000 $259,000 $33,725,000 $103,000 $4,291,000
Refinancing 15,708 $3,705,740,000 $235,000 $21,505,000 $110,000 $2,775,000
Cash-out Refinancing 7,119 $1,557,755,000 $218,000 $10,885,000 $110,000 $5,500,000
Home Improvement 1,220 $120,690,000 $98,000 $20,005,000 $126,000 $1,500,000
Other Purpose 1,180 $125,190,000 $106,000 $1,905,000 $142,000 $3,576,000
Not Applicable 169 $27,995,000 $165,000 $1,995,000 $22,000 $67,000

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 31,540 $6,867,420,000 $217,000 $3,305,000 $108,000 $3,664,000
Not applicable 5,233 $1,916,365,000 $366,000 $33,725,000 $109,000 $539,000
Not Provided 4,139 $882,685,000 $213,000 $1,405,000 $119,000 $4,291,000
Hispanic 711 $148,125,000 $208,000 $685,000 $92,000 $5,500,000
American Indian or Alaskan Native 544 $99,070,000 $182,000 $635,000 $84,000 $733,000
Black or African American 459 $109,295,000 $238,000 $865,000 $93,000 $894,000
Asian 421 $103,645,000 $246,000 $965,000 $130,000 $1,560,000
Native Hawaiian or Other Pacific Islander 29 $6,865,000 $236,000 $745,000 $81,000 $153,000

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) 33,192 $7,810,930,000 $235,000 $33,725,000 $116,000 $5,500,000
VA-guaranteed (Veterans Administration) 4,887 $1,265,835,000 $259,000 $1,405,000 $81,000 $891,000
FHA-insured (Federal Housing Administration) 4,296 $921,040,000 $214,000 $18,325,000 $70,000 $1,440,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 792 $158,280,000 $199,000 $655,000 $64,000 $182,000

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 28,006 $6,780,260,000 $242,000 $33,725,000 $111,000 $4,291,000
Loan Purchased By The Institution 5,208 $1,262,280,000 $242,000 $1,165,000 $112,000 $841,000
Application Withdrawn By Applicant 4,829 $1,108,005,000 $229,000 $21,425,000 $113,000 $5,500,000
Application Denied By Financial Institution 3,186 $601,790,000 $188,000 $11,005,000 $85,000 $1,565,000
File Closed For Incompleteness 1,351 $267,215,000 $197,000 $1,035,000 $98,000 $758,000
Application Approved But Not Accepted 557 $130,425,000 $234,000 $12,105,000 $102,000 $1,253,000
Preapproval Approved but not Accepted 27 $5,645,000 $209,000 $445,000 $78,000 $187,000
Preapproval Denied by Financial Institution 3 $465,000 $155,000 $205,000 $45,000 $60,000

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
Not applicable 39,052 $9,351,340,000 $239,000 $33,725,000 $110,000 $5,500,000
Debt-To-Income Ratio 1,798 $379,420,000 $211,000 $3,705,000 $93,000 $3,059,000
Credit History 695 $103,015,000 $148,000 $675,000 $91,000 $1,560,000
Credit Application Incomplete 555 $118,145,000 $212,000 $875,000 $96,000 $686,000
Collateral 475 $75,505,000 $158,000 $2,005,000 $96,000 $960,000
Other 335 $78,085,000 $233,000 $11,005,000 $94,000 $850,000
Unverifiable Information 119 $24,845,000 $208,000 $1,155,000 $127,000 $1,565,000
Insufficient Cash (Downpayment, Closing Cost) 76 $15,130,000 $199,000 $435,000 $80,000 $529,000
Employment History 59 $9,975,000 $169,000 $455,000 $54,000 $185,000
Mortgage Insurance Denied 3 $625,000 $208,000 $255,000 $54,000 $57,000
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Mortgage Loan Application Totals in 2021 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 9,136 $ 2,296,430,000 $ 251,000 $ 113,000
FARGO, ND-MN 12,785 $ 3,423,875,000 $ 267,000 $ 118,000
GRAND FORKS, ND-MN 3,691 $ 821,865,000 $ 222,000 $ 106,000
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Mortgage Loan Application Totals in 2021 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 80 $ 12,400,000 $ 155,000 $ 74,000
Barnes 602 $ 100,510,000 $ 166,000 $ 91,000
Benson 86 $ 14,070,000 $ 163,000 $ 103,000
Billings 31 $ 6,765,000 $ 218,000 $ 184,000
Bottineau 245 $ 46,295,000 $ 188,000 $ 110,000
Bowman 84 $ 14,710,000 $ 175,000 $ 97,000
Burke 69 $ 10,385,000 $ 150,000 $ 101,000
Burleigh 6,867 $ 1,755,685,000 $ 255,000 $ 115,000
Cass 12,785 $ 3,423,875,000 $ 267,000 $ 118,000
Cavalier 126 $ 17,250,000 $ 136,000 $ 95,000
Dickey 175 $ 25,105,000 $ 143,000 $ 97,000
Divide 42 $ 6,780,000 $ 161,000 $ 91,000
Dunn 157 $ 37,965,000 $ 241,000 $ 124,000
Eddy 72 $ 11,300,000 $ 156,000 $ 81,000
Emmons 78 $ 10,970,000 $ 140,000 $ 83,000
Foster 142 $ 20,960,000 $ 147,000 $ 94,000
Golden Valley 53 $ 6,415,000 $ 121,000 $ 77,000
Grand Forks 3,691 $ 821,865,000 $ 222,000 $ 106,000
Grant 55 $ 6,695,000 $ 121,000 $ 75,000
Griggs 64 $ 9,230,000 $ 144,000 $ 95,000
Hettinger 84 $ 12,840,000 $ 152,000 $ 84,000
Kidder 71 $ 14,355,000 $ 202,000 $ 114,000
LaMoure 105 $ 16,725,000 $ 159,000 $ 90,000
Logan 55 $ 6,935,000 $ 126,000 $ 101,000
McHenry 171 $ 28,525,000 $ 166,000 $ 85,000
McIntosh 62 $ 6,910,000 $ 111,000 $ 86,000
McKenzie 799 $ 221,215,000 $ 276,000 $ 116,000
McLean 487 $ 86,685,000 $ 177,000 $ 107,000
Mercer 380 $ 66,670,000 $ 175,000 $ 115,000
Morton 2,187 $ 526,315,000 $ 240,000 $ 104,000
Mountrail 295 $ 59,945,000 $ 203,000 $ 115,000
Nelson 65 $ 8,125,000 $ 125,000 $ 76,000
Oliver 82 $ 14,430,000 $ 175,000 $ 98,000
Pembina 186 $ 24,570,000 $ 132,000 $ 88,000
Pierce 111 $ 16,395,000 $ 147,000 $ 80,000
Ramsey 496 $ 81,630,000 $ 164,000 $ 99,000
Ransom 203 $ 31,445,000 $ 154,000 $ 81,000
Renville 115 $ 19,795,000 $ 172,000 $ 98,000
Richland 858 $ 153,260,000 $ 178,000 $ 91,000
Rolette 164 $ 22,060,000 $ 134,000 $ 79,000
Sargent 151 $ 21,975,000 $ 145,000 $ 86,000
Sheridan 14 $ 2,580,000 $ 184,000 $ 87,000
Sioux 10 $ 1,360,000 $ 136,000 $ 92,000
Slope 13 $ 2,385,000 $ 183,000 $ 73,000
Stark 2,354 $ 546,970,000 $ 232,000 $ 99,000
Steele 79 $ 11,235,000 $ 142,000 $ 109,000
Stutsman 1,145 $ 199,785,000 $ 174,000 $ 93,000
Towner 51 $ 5,595,000 $ 109,000 $ 83,000
Traill 413 $ 72,775,000 $ 176,000 $ 93,000
Walsh 289 $ 37,795,000 $ 130,000 $ 80,000
Ward 3,974 $ 912,270,000 $ 229,000 $ 101,000
Wells 114 $ 17,120,000 $ 150,000 $ 84,000
Williams 2,080 $ 546,180,000 $ 262,000 $ 110,000

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