# Bell Bank

> **Canonical URL:** https://saferate.com/lenders/bell-bank


> **📋 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


Bell Bank is a bank, headquartered in Fargo, ND, serving borrowers across 34 states, with 7,696 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 65% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 18% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300WYBPIWKK6SQC06
- **Headquarters:** Fargo, ND
- **Geographic Reach:** Near-National
- **States Served:** 34
- **State List:** AL, AR, AZ, CA, CO, DC, FL, GA, IA, ID, IL, IN, KS, KY, MI, MN, MO, MS, MT, NC, ND, NE, NM, OK, OR, SC, SD, TN, TX, UT, VA, WA, WI, WY
- **Markets (MSAs):** 36
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 35/100
- Rating: ●●○○○ (2/5)

### Pull Through: Exceptional 🤩
- Score: 82/100
- Rating: ●●●●● (5/5)

### Pricing Details
- **Average Rate Spread:** +0.274%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,876
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 7,696
- **Dollar Volume:** $2.8 billion
- **Applications Received:** 9,512
- **Market Share:** 22.00%

## Typical Borrower Profile

- **Average Loan Amount:** $361,385
- **Average Borrower Income:** $154,778
- **Average Property Value:** $465,068

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (62%)
- ⭐ **FHA Gold Superstar** (62%)
- ⭐ **VA Gold Superstar** (76%)
- ⭐ **Jumbo Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (62%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 89/100 | 6,509 | +0.276% | $2,884 | Exceptional 🤩 |
| FHA | 81/100 | 619 | +0.543% | $3,491 | Exceptional 🤩 |
| VA | 81/100 | 371 | -0.275% | $1,976 | Exceptional 🤩 |
| Jumbo | 84/100 | 163 | +0.290% | $2,196 | Exceptional 🤩 |
| USDA | 80/100 | 34 | +0.275% | $2,243 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 6,046 loans, Score: 89/100 (Exceptional)
- Refinance: 463 loans, Score: 79/100 (Strong)

**FHA:**
- Purchase: 577 loans, Score: 81/100 (Exceptional)
- Refinance: 42 loans, Score: 74/100 (Strong)

**VA:**
- Purchase: 350 loans, Score: 81/100 (Exceptional)
- Refinance: 21 loans, Score: 49/100 (Sound)

**Jumbo:**
- Purchase: 151 loans, Score: 84/100 (Exceptional)

**USDA:**
- Purchase: 34 loans, Score: 80/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 88/100 | 7,158 | $2.6B | +0.275% | Exceptional 🤩 |
| Refinance | 79/100 | 538 | $184M | +0.267% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MN | 4,389 | 6.79% | 100/100 |
| WI | 767 | 1.16% | 83/100 |
| AZ | 735 | 0.74% | 79/100 |
| FL | 319 | 0.11% | 63/100 |
| MO | 310 | 0.41% | 69/100 |
| KS | 278 | 0.93% | 79/100 |
| NM | 263 | 1.28% | 77/100 |
| ND | 250 | 3.41% | 77/100 |
| TN | 132 | 0.14% | 61/100 |
| CO | 49 | 0.06% | 50/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Minneapolis | MN-WI | 3,624 | 100/100 |
| Non |  | 876 | 74/100 |
| Phoenix | AZ | 681 | 80/100 |
| Kansas City, MO | MO-KS | 298 | 74/100 |
| Fargo, ND | ND-MN | 295 | 91/100 |
| Madison, WI | WI | 240 | 76/100 |
| Rochester, MN | MN | 166 | 86/100 |
| Milwaukee | WI | 153 | 70/100 |
| Duluth, MN | MN-WI | 137 | 76/100 |
| St. Louis, MO | MO-IL | 118 | 65/100 |
| Albuquerque, NM | NM | 96 | 67/100 |
| Columbia, MO | MO | 68 | 69/100 |
| Nashville | TN | 65 | 58/100 |
| Orlando | FL | 48 | 53/100 |
| St. Cloud, MN | MN | 45 | 64/100 |

## Where This Lender Ranks

Bell Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Minneapolis for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/minneapolis/best-mortgage-lenders/banks/usda-loans)
- 🥇 **#1** in Madison, WI for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/madison-wi/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Rochester, MN for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/rochester-mn/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Albuquerque, NM for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/albuquerque-nm/best-mortgage-lenders/banks/va-loans)
- 🥈 **#2** in Minneapolis for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/minneapolis/best-mortgage-lenders/banks/va-loans)
- 🥈 **#2** in Fargo, ND for Jumbo Loans
  - [View Full Rankings](https://saferate.com/fargo-nd/best-mortgage-lenders/jumbo-loans)
- 🥈 **#2** in Fargo, ND for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/fargo-nd/best-mortgage-lenders/banks/jumbo-loans)
- 🥈 **#2** in Madison, WI for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/madison-wi/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Rochester, MN for VA Loans
  - [View Full Rankings](https://saferate.com/rochester-mn/best-mortgage-lenders/va-loans)
- 🥈 **#2** in Duluth, MN for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/duluth-mn/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Columbia, MO for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/columbia-mo/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Lawrence, KS for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/lawrence-ks/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Sebring, FL for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/sebring-fl/best-mortgage-lenders/banks/fha-loans)
- 🥉 **#3** in Minnesota for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/minnesota/best-mortgage-lenders/banks/va-loans)
- 🥉 **#3** in Minnesota for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/minnesota/best-mortgage-lenders/banks/usda-loans)
- 🥉 **#3** in Minneapolis for USDA Loans
  - [View Full Rankings](https://saferate.com/minneapolis/best-mortgage-lenders/usda-loans)
- 🥉 **#3** in Wisconsin for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/wisconsin/best-mortgage-lenders/banks/va-loans)
- 🥉 **#3** in Phoenix for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/phoenix/best-mortgage-lenders/banks/va-loans)
- 🥉 **#3** in Fargo, ND Banks
  - [View Full Rankings](https://saferate.com/fargo-nd/best-mortgage-lenders/banks)
- 🥉 **#3** in Fargo, ND for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/fargo-nd/best-mortgage-lenders/banks/fha-loans)

## Frequently Asked Questions

### What loan types does Bell Bank offer?

Bell Bank offers the following mortgage loan types: FHA, Conventional, VA, Jumbo, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Bell Bank offer mortgages?

Bell Bank offers mortgages in 34 states: AL, AR, AZ, CA, CO, DC, FL, GA, IA, ID, IL, IN, KS, KY, MI, MN, MO, MS, MT, NC, ND, NE, NM, OK, OR, SC, SD, TN, TX, UT, VA, WA, WI, WY.

### How competitive are Bell Bank's mortgage rates?

Bell Bank has a pricing score of 35/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.274% above market average.

### What type of lender is Bell Bank?

Bell Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Fargo, ND.

### What is Bell Bank's loan approval success rate?

Bell Bank has a pull-through score of 82/100 (Exceptional). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/bell-bank

### How to Cite

> "Bell Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/bell-bank

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