Mortgage Lender Index

Border Bank

Border Bank received 325 applications in 2025 and made 288 mortgages, in 31 counties across 3 states. The median rate its borrowers got was Not published on a median loan of $130,000. Of 300 decisions, 11 were denials — 3.7%.

Legal Entity Identifier254900Y3CWQSLFVW8D53
Applications received325
Mortgages made288
Denied11
Approved, not taken up1
Withdrawn or incomplete25
Loans bought from other lenders0
Median rate spread over the prime offer rateNot published
FDIC-insured bankYes: Border Bank, 11 offices

By loan purpose

PurposeMortgages madeMedian rateMedian loanDenied
Home purchase131 Not published$165,000 1.5%
Refinancing44 Not published$170,000 4.4%
Cash-out refinancing57 Not published$115,000 6.6%
Other purposes56 Not published$55,000 5.1%

Where Border Bank lends most

The 31 counties where it made the most mortgages in 2025. Each county page ranks every lender there.

CountyMortgages madeMedian rateDenied
Roseau County, MN 65Not published3.0%
Pennington County, MN 54Not published1.8%
Lake of the Woods County, MN 33Not published0.0%
Cass County, ND 30Not published9.1%
Clearwater County, MN 17Not published0.0%
Koochiching County, MN 14Not published12.5%
Marshall County, MN 14Not published0.0%
Clay County, MN 10Not published9.1%
Kittson County, MN 10Not published0.0%
Red Lake County, MN 9Under 10 loans0.0%
Itasca County, MN 4Under 10 loans0.0%
Becker County, MN 3Under 10 loans0.0%
Beltrami County, MN 3Under 10 loans0.0%
Polk County, MN 3Under 10 loans25.0%
Anoka County, MN 2Under 10 loans33.3%
Hennepin County, MN 2Under 10 loans0.0%
Douglas County, MN 1Under 10 loans0.0%
Hubbard County, MN 1Under 10 loans0.0%
McLeod County, MN 1Under 10 loans0.0%
Otter Tail County, MN 1Under 10 loans0.0%
Rice County, MN 1Under 10 loans0.0%
St. Louis County, MN 1Under 10 loans0.0%
Todd County, MN 1Under 10 loans0.0%
Barnes County, ND 1Under 10 loans0.0%
Cavalier County, ND 1Under 10 loans0.0%
Morton County, ND 1Under 10 loans0.0%
Pembina County, ND 1Under 10 loans0.0%
Richland County, ND 1Under 10 loans0.0%
Traill County, ND 1Under 10 loans0.0%
Polk County, WI 1Under 10 loans0.0%
Rock County, WI 1Under 10 loans0.0%

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When Border Bank’s figures are published for the next year, or restated.

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Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.