US mortgage lending / ND
North Dakota
In 2024, lenders originated 13,102 mortgages in North Dakota, $3.20B in volume, the 50th largest of 54 states and territories. The denial rate was 14.3% (53rd highest), against 24.3% nationally.
Origination volume, 2007–2024
Total dollars of mortgages originated in North Dakota each year. The series peak is $7.10B in 2020.
Source: HMDA public LAR (CFPB/FFIEC), 2007-2024 Sum of loan amounts on originated loans (action taken = 1). Legacy-era amounts converted from thousands of dollars. Methodology
Applications and originations
Applications (action codes 1-5) and the subset that closed as originated loans.
Source: HMDA public LAR (CFPB/FFIEC), 2007-2024 Counts of loan-level records; the applications series excludes purchased loans and preapproval requests. Methodology
Denial rate, vs the national rate
Denials as a share of applications that reached a credit decision, in North Dakota and nationally. In 2024: 14.3% vs 24.3% national.
Source: HMDA public LAR (CFPB/FFIEC), 2007-2024 Denial rate = denials / (originations + denials + approved-not-accepted), identical definition in both schema eras. Methodology
Purchase vs refinance originations
Originated loans in North Dakota split by stated purpose. In 2024: 8,302 purchase loans, 2,484 refinances.
Source: HMDA public LAR (CFPB/FFIEC), 2007-2024 Loan-purpose codes: purchase = 1 (both eras); refinance = 3 (2007-2017) and 31/32 (2018+); improvement = 2; other-purpose codes exist only from 2018. Methodology
Back to the national picture or read the methodology: the public-LAR privacy modifications, the two schema eras, and the exact code mappings.