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2024 data HMDA 2024 disclosure official source

McKenzie County

307 mortgage applications, 10.4% denial rate. Verify FIPS 38053 with U.S. Census Bureau →

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North Dakota · FIPS 38053

Local mortgage market. McKenzie County, North Dakota saw 307 HMDA-reported mortgage applications in 2024. Lenders originated 185 of those loans and denied 32, producing a denial rate of 10.4% and an approval (origination) rate of 60.3%. The average loan amount was $372,785 at an average note rate of 7.00%, with applicants self-reporting average annual income of $38K. 48 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 9.8x, meaning typical borrowers took on mortgages of about 9.8 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 38053 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

307
Applications
185
Originated
10.4%
Denial Rate
60.3%
Approval Rate
$372,785
Avg Loan Amount
7.00%
Avg Interest Rate
$38K
Avg Applicant Income
9.8x
Loan-to-Income Ratio

Nearby Lenders in McKenzie County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Fairway Independent Mort CORP 47 25.4%
2 First International Bank & Trust 30 16.2%
3 Rocket Mortgage 15 8.1%
4 Us Bank, N.A. 7 3.8%
5 Cornerstone Bank 7 3.8%
Compare Fairway Independent Mort CORP vs First International Bank & Trust →

Frequently Asked Questions

How many mortgage applications were filed in McKenzie County?
In the 2024 HMDA reporting year, 307 mortgage applications were filed in McKenzie County, North Dakota. Of these, 185 were originated (approved and funded), while 32 were denied, resulting in a denial rate of 10.4%.
What is the mortgage denial rate in McKenzie County?
The mortgage denial rate in McKenzie County is 10.4%. The approval (origination) rate is 60.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in McKenzie County?
The average mortgage loan amount in McKenzie County is $372,785. The average interest rate is 7.004%. The average applicant income is $38K.
What is the loan-to-income ratio in McKenzie County?
The average loan-to-income ratio in McKenzie County is 9.8x, meaning borrowers took on loans averaging 9.8 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in McKenzie County?
The top mortgage lenders in McKenzie County by origination volume are Fairway Independent Mort CORP, First International Bank & Trust, Rocket Mortgage. In total, 48 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.