We analyzed every closed loan from First Dakota National Bank — 441 loans across 532 applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Exceptional
5/5
vs. all lenders
Pull-through
Strong
4/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA · USDA
Place
Strong
4/5
Multi-Region · 2 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Awards
Conventional
Superstar
FHA
Superstar
Purchase
Superstar
Refinance
Superstar
Summary
What They Do Well
- Offers rates 10.80 basis points below market average
- Lower than average lender fees
- Strong pull through performance
- Particularly strong in Conventional and FHA and USDA loans
Explore another lender or local market
Report Card
First Dakota National Bank performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Exceptional
Rates 10.8 bps below market avg
5/5
Pull Through
Closing strength
Strong
Top 40% of lenders
4/5
By Loan Product· Specialization by type
Conventional
373 loans · 0.09% below market
Strong
Top 40% of lenders
4/5
FHA
35 loans · 0.02% below market
Strong
Top 40% of lenders
4/5
VA
13 loans · 0.54% below market
Sound
Top 60% of lenders
3/5
USDA
14 loans · 0.56% below market
Strong
Top 40% of lenders
4/5
By Loan Purpose· Transaction purpose mix
Purchase
366 loans · 0.12% below market
Strong
Top 40% of lenders
4/5
Refinance
75 loans · 0.07% below market
Strong
Top 40% of lenders
4/5
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 3 markets
Strong
Top 40% of lenders
4/5
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 373 | 84.6% | -0.093%Below | $1,004Fees | ||||
FHA Loans | 35 | 7.9% | -0.020%Below | $752Fees | ||||
VA Loans | — | 13 | 2.9% | -0.536%Below | $852Fees | |||
USDA Loans | — | — | 14 | 3.2% | -0.561%Below | $215Fees |
Conventional
OverallStrong
ProductStrong
PricingExceptional
Pull ThroughStrong
Volume373
Mix84.6%
Spread
-0.093%Below
Fees
$1,004Fees
FHA Loans
OverallStrong
ProductStrong
PricingExceptional
Pull ThroughStrong
Volume35
Mix7.9%
Spread
-0.020%Below
Fees
$752Fees
VA Loans
OverallSound
ProductSound
Pricing—
Pull ThroughSound
Volume13
Mix2.9%
Spread
-0.536%Below
Fees
$852Fees
USDA Loans
OverallStrong
ProductStrong
Pricing—
Pull Through—
Volume14
Mix3.2%
Spread
-0.561%Below
Fees
$215Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 366 | 83.0% | -0.116%Below | $1,036Fees | ||||
Refinance | 75 | 17.0% | -0.070%Below | $1,029Fees |
Purchase
OverallStrong
ProductStrong
PricingExceptional
Pull ThroughStrong
Volume366
Mix83.0%
Spread
-0.116%Below
Fees
$1,036Fees
Refinance
OverallStrong
ProductStrong
PricingStrong
Pull ThroughExceptional
Volume75
Mix17.0%
Spread
-0.070%Below
Fees
$1,029Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
441
Applications
532
Volume
$147 million
Pricing & Closing
Avg Rate Spread
-0.108%
vs. market APOR
Avg Net Fees
$1,035
Origination − Credits
Pullthrough Rate
82.9%
Applications → Closed
Typical Borrower
Avg Loan Amount
$335,295
Avg Borrower Income
$178,018
Avg Property Value
$489,308
Geographic Coverage
Geographic Performance
Metro Areas
2
markets with activity
States Served
9
of 50 states + DC
Avg Place Specialization
Strong
4/5
States with Loan Originations
9Full-year 2024 · HMDALoans originated
All statesNone
Midwest6
IAMNNDNESDWI
South1
FL
West2
AZCO
How We Rank Lenders
Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.
Our Point System (Max 50 Points)
10/ 50 pts
Pricing
How competitively a lender prices vs. the market benchmark (20%).
10/ 50 pts
Product
Performance on your specific loan type (20%).
10/ 50 pts
Pull Through
How reliably a lender closes the loans it starts (20%).
10/ 50 pts
Place
Depth of a lender's expertise in your local market (20%).
10/ 50 pts
Promptness
How quickly a lender answers real quote requests — blended in once they respond (20%).
Champion(80%+ = 40-50 points)
Superstar(60-79% = 30-39 points)
Data Integrity & Updates
Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.
Looking for a different lender?
Are you the owner of First Dakota National Bank?
Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.
The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.