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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in North Dakota

Fat Boy Data analyzed home improvement loan activity in North Dakota to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 1,412 applications were decided by 51 lenders between 2023 and 2025.

North Dakota at a glance

51Active lenders8 with 20+ decisions
83.3%Market approval rate1,176 of 1,412 decided
$55KTypical loanmedian lender, $10K brackets
96%Borrower take-up1,129 loans funded

How North Dakota compares

Approval rate compared
North Dakota83.3%All 616 counties62.7%
Typical loan compared
North Dakota$55KAll 616 counties$75K

What the data shows

Gate City Bank made the most home improvement loans in North Dakota, 522 of them.

That is 46% of every home improvement loan originated here, so this market is unusually concentrated in one lender.

Affinity Plus approved the highest share of applications among lenders with at least 20 decisions here, 100% of 21.

Lenders approved 83.3% of home improvement loan applications in North Dakota, 20.6 percentage points above the the United States rate of 62.7%.

The typical home improvement loan here is $55K, 27% smaller than the the United States typical of $75K.

No lender with a meaningful sample here has a typical home improvement loan at or below $35K, so small jobs are poorly served by the banks in this market.

Approval rate of all 8 lenders with 20+ decisions here
0%25%50%75%100%Discover Bank: 30% approved of 23U.S. Bank National Association: 57% approved of 76First International Bank & Trust: 82% approved of 72Capital: 84% approved of 31Bell Bank: 87% approved of 328Gate City Bank: 87% approved of 619Alerus Financial, National Association: 90% approved of 78Affinity Plus: 100% approved of 21

Each dot is one lender, placed at its approval rate. Hover for the name and sample size.

Home improvement loan lenders in North Dakota

LenderApprovalApprovedTaken upTypical loanLoans made
1Gate City Bank87%539 / 61997%$55K522
2Bell Bank87%284 / 32899%$55K281
3Alerus Financial, National Association90%70 / 7896%$55K67
4U.S. Bank National Association57%43 / 7695%$65K41
5First International Bank & Trust82%59 / 72100%$65K59

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals the borrower accepted. Lenders with fewer than 20 decisions are marked as a limited sample and are never used for a “highest approval” claim. How these numbers are built.

Fat Boy found 46 more lenders.

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You are seeing the 5 largest home improvement loan lenders in North Dakota. Unlock every lender who decided one of these loans here, what they approved, how much borrowers actually took, and how far the nearest office is.

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Other lending data for North Dakota

Counties in North Dakota