# Best Conventional Mortgage Lenders in Grand Forks, ND

**As of:** 2026-06-03

Compare the top Conventional mortgage lenders in Grand Forks, ND. Data-driven rankings based on rates, fees, and approval rates.

> **Canonical URL:** https://saferate.com/grand-forks-nd/best-mortgage-lenders/conventional-loans


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


## Market Statistics

- **Total Lenders:** 15
- **Total Loans:** 731
- **Median Rate Spread:** 0.025499999999999995%

## Top Lenders

| Rank | Lender | SafeRate Score | Pricing | Pull-Through | Volume | Type |
|------|--------|----------------|---------|--------------|--------|------|
| 1 | Gate City Bank | 95 | 65 | 83 | 107 | Bank |
| 2 | Barrington Bank & Trust Company, National Association | 83 | 46 | 68 | 68 | Bank |
| 3 | UNITED WHOLESALE MORTGAGE, LLC | 80 | 36 | 86 | 169 | Independent Mortgage Company |
| 4 | ARK-LA-TEX FINANCIAL SERVICES, LLC. | 79 | 40 | 74 | 54 | Independent Mortgage Company |
| 5 | Bremer Bank, National Association | 79 | 42 | 75 | 49 | Bank |
| 6 | First International Bank & Trust | 79 | 55 | 84 | 42 | Bank |
| 7 | U.S. Bank National Association | 79 | 75 | 69 | 11 | Bank |
| 8 | Nations Lending Corporation | 75 | 33 | 86 | 47 | Independent Mortgage Company |
| 9 | ROCKET MORTGAGE, LLC | 75 | 28 | 87 | 37 | Independent Mortgage Company |
| 10 | Frandsen Bank & Trust | 74 | 43 | 72 | 37 | Bank |
| 11 | FIRST COMMUNITY CREDIT UNION | 74 | 62 | 42 | 34 | Credit Union |
| 12 | Alerus Financial, National Association | 74 | 54 | 73 | 30 | Bank |
| 13 | Choice Financial Group | 64 | 41 | 61 | 11 | Bank |

## Methodology

Safe Rate calculates these rankings using a risk-adjusted, data-driven scoring system based on Home Mortgage Disclosure Act (HMDA) filings. Rather than relying on simple averages, our statistical models control for loan-level risk factors (such as LTV, loan amount, and property value) to evaluate a lender's true competitiveness within Grand Forks, ND.

Our composite SafeRate Score is derived using an equal, geometric weighting of the following factors:
1. **Pricing:** Evaluates the lender's interest rates and net fees relative to the market.
2. **Pull-Through:** Measures the percentage of applications that successfully close, indicating reliability and customer service.
3. **Product Knowledge:** Evaluates the lender's specific experience and volume originating the selected loan product.
4. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.