North Dakota
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023

Discover comprehensive North Dakota mortgage statistics and HMDA loan application data from 2003 to 2023.
Explore detailed insights into the total number of mortgage applications, loan amounts, and lending trends across the state.
Our interactive lists allow you to analyze mortgage data by county and metropolitan area, helping you track regional lending patterns.

Need in-depth lender data?
Easily download a formatted spreadsheet containing aggregated HMDA statistics for all North Dakota based lenders.
Whether you're an industry analyst, homebuyer, or researcher, this data provides valuable insights into North Dakota's mortgage market trends.

Years 2023  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 18,171
Total Mortgage Loan Application Amount $4,123,165,000
Average Mortgage Loan Application Amount $226,000
Highest Mortgage Loan Application Amount $40,805,000
Average Applicant Income $127,000
Highest Applicant Income $8,510,000

Explore comprehensive HMDA mortgage statistics and application trends for 2023 in North Dakota. Below, you'll find key insights, including total mortgage applications, average loan amounts, highest application amounts, and the income levels of top applicants. If you're researching mortgage and loan application data in North Dakota, these statistics will help you understand market trends and lending patterns as you navigate the mortgage process.

Our HMDA dataset allows you to analyze mortgage loan applications for 2023 across various categories, including loan purpose, applicant race, loan type, application outcomes, and reasons for denial. These detailed breakdowns provide valuable insights into borrower demographics and lender activity, making them an essential resource for homebuyers, real estate professionals, and industry analysts.

Each category highlights the total number of mortgage applications, total loan amounts, average mortgage sizes, and the highest loan amounts within each segment. You can also explore borrower income data, including average applicant income and the highest reported incomes for mortgage applicants. Whether you're evaluating lender performance, researching loan approval trends, or comparing mortgage options, this HMDA-backed data offers a valuable snapshot of the mortgage landscape in North Dakota.

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Mortgage Loan Application Detail Totals for North Dakota in 2023

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 11,341 $3,056,655,000 $269,000 $33,125,000 $126,000 $8,510,000
Cash-out Refinancing 1,858 $349,150,000 $187,000 $15,675,000 $113,000 $3,515,000
Other Purpose 1,848 $154,000,000 $83,000 $1,005,000 $132,000 $2,246,000
Home Improvement 1,684 $120,060,000 $71,000 $755,000 $135,000 $1,564,000
Refinancing 1,413 $440,445,000 $311,000 $40,805,000 $144,000 $5,100,000
Not Applicable 27 $2,855,000 $105,000 $245,000 $72,000 $81,000

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 13,123 $2,620,225,000 $199,000 $2,565,000 $129,000 $8,510,000
Not applicable 2,043 $887,635,000 $434,000 $40,805,000 $179,000 $747,000
Not Provided 1,574 $306,390,000 $194,000 $1,465,000 $128,000 $2,335,000
Hispanic 513 $101,625,000 $198,000 $1,175,000 $102,000 $742,000
Black or African American 328 $84,400,000 $257,000 $1,005,000 $110,000 $768,000
American Indian or Alaskan Native 323 $57,455,000 $177,000 $1,285,000 $108,000 $1,200,000
Asian 217 $53,765,000 $247,000 $955,000 $137,000 $1,476,000
Native Hawaiian or Other Pacific Islander 21 $5,045,000 $240,000 $685,000 $92,000 $161,000

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) 13,703 $3,002,605,000 $219,000 $40,805,000 $138,000 $8,510,000
FHA-insured (Federal Housing Administration) 2,552 $606,840,000 $237,000 $1,765,000 $91,000 $612,000
VA-guaranteed (Veterans Administration) 1,677 $473,075,000 $282,000 $1,065,000 $100,000 $888,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 239 $40,645,000 $170,000 $365,000 $91,000 $3,293,000

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 11,922 $2,850,240,000 $239,000 $40,805,000 $132,000 $8,510,000
Application Withdrawn By Applicant 2,169 $498,915,000 $230,000 $4,875,000 $128,000 $6,910,000
Application Denied By Financial Institution 1,836 $256,870,000 $139,000 $6,555,000 $97,000 $3,515,000
Loan Purchased By The Institution 1,452 $376,680,000 $259,000 $915,000 $147,000 $747,000
File Closed For Incompleteness 479 $77,205,000 $161,000 $975,000 $117,000 $1,024,000
Application Approved But Not Accepted 288 $56,220,000 $195,000 $11,255,000 $123,000 $2,335,000
Preapproval Approved but not Accepted 23 $6,845,000 $297,000 $715,000 $164,000 $780,000
Preapproval Denied by Financial Institution 2 $190,000 $95,000 $105,000 $56,000 $70,000

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 15,651 $3,688,695,000 $235,000 $35,905,000 $130,000 $6,910,000
Debt-To-Income Ratio 1,260 $265,800,000 $210,000 $40,805,000 $112,000 $8,510,000
Credit History 507 $51,145,000 $100,000 $805,000 $97,000 $1,476,000
Collateral 374 $50,230,000 $134,000 $6,555,000 $124,000 $3,515,000
Credit Application Incomplete 137 $25,265,000 $184,000 $3,005,000 $106,000 $1,200,000
Other 131 $19,595,000 $149,000 $805,000 $111,000 $951,000
Unverifiable Information 50 $9,680,000 $193,000 $455,000 $106,000 $400,000
Insufficient Cash (Downpayment, Closing Cost) 38 $9,030,000 $237,000 $725,000 $116,000 $293,000
Employment History 23 $3,725,000 $161,000 $415,000 $62,000 $198,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
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Mortgage Loan Application Totals in 2023 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 3,617 $ 924,925,000 $ 255,000 $ 130,000
FARGO, ND-MN 5,301 $ 1,265,865,000 $ 238,000 $ 145,000
GRAND FORKS, ND-MN 1,520 $ 391,320,000 $ 257,000 $ 122,000
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Mortgage Loan Application Totals in 2023 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 38 $ 6,510,000 $ 171,000 $ 112,000
Barnes 216 $ 34,530,000 $ 159,000 $ 127,000
Benson 41 $ 5,005,000 $ 122,000 $ 106,000
Billings 14 $ 3,720,000 $ 265,000 $ 178,000
Bottineau 101 $ 19,215,000 $ 190,000 $ 122,000
Bowman 43 $ 8,505,000 $ 197,000 $ 94,000
Burke 29 $ 4,055,000 $ 139,000 $ 113,000
Burleigh 2,613 $ 705,005,000 $ 269,000 $ 136,000
Cass 5,301 $ 1,265,865,000 $ 238,000 $ 145,000
Cavalier 56 $ 7,890,000 $ 140,000 $ 135,000
Dickey 60 $ 8,100,000 $ 135,000 $ 149,000
Divide 28 $ 6,310,000 $ 225,000 $ 103,000
Dunn 86 $ 15,470,000 $ 179,000 $ 118,000
Eddy 20 $ 2,980,000 $ 149,000 $ 102,000
Emmons 47 $ 6,735,000 $ 143,000 $ 83,000
Foster 52 $ 7,810,000 $ 150,000 $ 112,000
Golden Valley 30 $ 3,450,000 $ 115,000 $ 63,000
Grand Forks 1,520 $ 391,320,000 $ 257,000 $ 122,000
Grant 32 $ 4,040,000 $ 126,000 $ 100,000
Griggs 26 $ 2,880,000 $ 110,000 $ 66,000
Hettinger 46 $ 8,530,000 $ 185,000 $ 116,000
Kidder 23 $ 4,315,000 $ 187,000 $ 97,000
LaMoure 53 $ 7,515,000 $ 141,000 $ 110,000
Logan 21 $ 2,545,000 $ 121,000 $ 125,000
McHenry 85 $ 12,365,000 $ 145,000 $ 92,000
McIntosh 48 $ 4,130,000 $ 86,000 $ 88,000
McKenzie 340 $ 109,190,000 $ 321,000 $ 133,000
McLean 219 $ 36,575,000 $ 167,000 $ 118,000
Mercer 192 $ 31,560,000 $ 164,000 $ 119,000
Morton 975 $ 214,175,000 $ 219,000 $ 112,000
Mountrail 135 $ 25,515,000 $ 189,000 $ 120,000
Nelson 44 $ 5,750,000 $ 130,000 $ 96,000
Oliver 29 $ 5,745,000 $ 198,000 $ 117,000
Pembina 99 $ 11,945,000 $ 120,000 $ 109,000
Pierce 47 $ 6,075,000 $ 129,000 $ 103,000
Ramsey 236 $ 44,020,000 $ 186,000 $ 117,000
Ransom 88 $ 14,180,000 $ 161,000 $ 99,000
Renville 48 $ 6,640,000 $ 138,000 $ 109,000
Richland 394 $ 64,900,000 $ 164,000 $ 96,000
Rolette 105 $ 14,425,000 $ 137,000 $ 89,000
Sargent 52 $ 7,480,000 $ 143,000 $ 96,000
Sheridan 14 $ 1,350,000 $ 96,000 $ 128,000
Sioux 8 $ 1,160,000 $ 145,000 $ 70,000
Slope 4 $ 580,000 $ 145,000 $ 124,000
Stark 905 $ 226,715,000 $ 250,000 $ 121,000
Steele 31 $ 4,355,000 $ 140,000 $ 102,000
Stutsman 529 $ 92,295,000 $ 174,000 $ 108,000
Towner 28 $ 3,130,000 $ 111,000 $ 89,000
Traill 158 $ 27,950,000 $ 176,000 $ 95,000
Walsh 202 $ 25,340,000 $ 125,000 $ 101,000
Ward 1,673 $ 350,395,000 $ 209,000 $ 114,000
Wells 52 $ 5,290,000 $ 101,000 $ 88,000
Williams 935 $ 237,635,000 $ 254,000 $ 136,000

Our comprehensive HMDA mortgage statistics offer invaluable insights into North Dakota's 2023 lending landscape. By analyzing detailed data on mortgage applications, loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can identify key trends shaping the state's housing market.

This in-depth information enables real estate experts, financial analysts, and policymakers to monitor market shifts, assess borrower demographics, and evaluate lender performance effectively. Leverage this powerful data to make informed decisions, conduct thorough market research, and stay ahead in the evolving mortgage industry.
To gain a deeper understanding of North Dakota's mortgage lending environment, download the comprehensive list of lenders and their aggregated HMDA statistics today.

Download the North Dakota Lender List