PlainLender

Border Bank

FARGO, ND

Border Bank processed 278 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 252 loans with a 3.2% denial rate. Home Purchase was the primary loan purpose. Based in FARGO, ND. The approval rate of 90.6% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Border Bank's 90.6% origination rate tells you how often an application turned into funded money; the 3.2% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (278 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

278
Applications
252
Originated
3.2%
Denial Rate
$172,086
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 278 252 9 $172,086

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Border Bank (LEI: 254900Y3CWQSLFVW8D53) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 137 124 $224,124
Refinancing 42 36 $217,619
Cash-out Refinancing 34 33 $117,353
Other 34 31 $51,176
Home Improvement 31 28 $73,065

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 235 91.5% 3.8%
Asian * 3 66.7% 0.0%
Joint * 3 100.0% 0.0%
Black or African American * 2 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 224 92.0% 2.7%
Hispanic or Latino * 10 70.0% 30.0%
Joint * 4 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in ND

Other HMDA-reporting lenders in ND with similar activity. Compare any two side-by-side.

Bell Bank

Fargo, ND

13,496 apps 10,872 originated 5.8% denied

Gate City Bank

Fargo, ND

4,682 apps 3,056 originated 10.3% denied

Alerus Financial NA

GRAND FORKS, ND

2,632 apps 2,038 originated 6.6% denied

First International Bank & Trust

Minot, ND

1,791 apps 1,437 originated 6.6% denied

First Community Credit Union

JAMESTOWN, ND

1,333 apps 512 originated 18.4% denied
Compare Border Bank vs Bell Bank →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Border Bank process?
Border Bank processed 278 mortgage applications in the 2024 HMDA reporting year. Of these, 252 were originated (approved and funded), 14 were withdrawn by the applicant, and 9 were denied.
What is Border Bank's mortgage approval rate?
Border Bank has an approval (origination) rate of 90.6%, meaning 90.6% of all applications resulted in a funded mortgage. The denial rate is 3.2%.
What is the average loan amount at Border Bank?
The average mortgage loan amount at Border Bank is $172,086.
What types of mortgage loans does Border Bank offer?
Border Bank processes Conventional loans. The most common type is Conventional with 278 applications and an average loan amount of $172,086.
What loan purposes does Border Bank serve?
Border Bank serves the following loan purposes: Home Purchase (137 applications), Refinancing (42 applications), Cash-out Refinancing (34 applications), Other (34 applications), Home Improvement (31 applications). Home Purchase is the most common purpose.
Where is Border Bank located?
Border Bank is headquartered in FARGO, ND. The lender is identified by LEI 254900Y3CWQSLFVW8D53 in HMDA data.
How does Border Bank compare in lending across racial demographics?
Border Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 91.5% and denial rate of 3.8%; Asian applicants have an approval rate of 66.7% and denial rate of 0.0%; Joint applicants have an approval rate of 100.0% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is 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.