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THE UNION BANK

Hazen, ND

THE UNION BANK processed 41 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 25 loans with a 17.1% denial rate. Home Purchase was the primary loan purpose. Based in Hazen, ND. The approval rate of 61.0% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. THE UNION BANK processed 41 HMDA-reported mortgage applications in 2024, originating 25 loans and denying 7 for a denial rate of 17.1% (applicants themselves withdrew 8 files before a decision). The average loan amount was $183,537. The lender reports under LEI 8945000AM2179BQQ2C24 from Hazen, ND.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. THE UNION BANK's 61.0% origination rate tells you how often an application turned into funded money; the 17.1% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (39 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.

41
Applications
25
Originated
17.1%
Denial Rate
$183,537
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 39 23 7 $180,385
USDA 2 2 0 $245,000

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for THE UNION BANK (LEI: 8945000AM2179BQQ2C24) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit history
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 27 13 $172,778
Refinancing 8 7 $260,000
Cash-out Refinancing 5 4 $141,000
Other 1 1 $75,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 32 62.5% 15.6%
Asian 1 100.0% 0.0%

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 32 65.6% 12.5%
Hispanic or Latino 2 0.0% 0.0%

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 THE UNION BANK vs Bell Bank →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did THE UNION BANK process?
THE UNION BANK processed 41 mortgage applications in the 2023 HMDA reporting year. Of these, 25 were originated (approved and funded), 8 were withdrawn by the applicant, and 7 were denied.
What is THE UNION BANK's mortgage approval rate?
THE UNION BANK has an approval (origination) rate of 61.0%, meaning 61.0% of all applications resulted in a funded mortgage. The denial rate is 17.1%.
What is the average loan amount at THE UNION BANK?
The average mortgage loan amount at THE UNION BANK is $183,537.
What are the most common reasons for mortgage denial at THE UNION BANK?
The most common reasons for mortgage denial at THE UNION BANK are: Credit history. In total, 7 applications were denied out of 41 total applications.
What types of mortgage loans does THE UNION BANK offer?
THE UNION BANK processes Conventional, USDA loans. The most common type is Conventional with 39 applications and an average loan amount of $180,385.
What loan purposes does THE UNION BANK serve?
THE UNION BANK serves the following loan purposes: Home Purchase (27 applications), Refinancing (8 applications), Cash-out Refinancing (5 applications), Other (1 applications). Home Purchase is the most common purpose.
Where is THE UNION BANK located?
THE UNION BANK is headquartered in Hazen, ND. The lender is identified by LEI 8945000AM2179BQQ2C24 in HMDA data.
How does THE UNION BANK compare in lending across racial demographics?
THE UNION BANK reports demographic lending data under HMDA requirements. White applicants have an approval rate of 62.5% and denial rate of 15.6%; Asian 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.