Mortgage lending in Minnehaha County, South Dakota
Lenders in Minnehaha County, South Dakota reported 6,874 mortgage applications for 2025, according to the CFPB.
6,874 mortgage applications and 4,705 loans originated in 2025; the denial rate was 13.7% of 5,610 applications decided. The median loan was about $235,000. From 2025, the CFPB’s Snapshot release.
HUD’s Fair Market Rent for the county, on the housing hub: Sioux Falls, SD HUD Metro FMR Area.
- 6,874
- Applications
- 4,705
- Loans originated
- 13.7%
- Denial rate
- 770 denied of 5,610 applications decided.
Every year
1 more column on a wider screen
| Year | Applications | Originated |
|---|---|---|
| 2025 | 6,874 | 4,705 |
| 2024 | 6,717 | 4,549 |
| 2023 | 6,199 | 4,299 |
| 2022 | 8,754 | 6,279 |
| 2021 | 12,945 | 9,454 |
| 2020 | 16,482 | 12,556 |
| 2019 | 9,803 | 7,026 |
| 2018 | 7,662 | 5,481 |
The largest lenders here
| Lender | Originated | Applications |
|---|---|---|
| Plains Commerce Bank | 701 | 988 |
| First Premier Bank | 470 | 720 |
| Levo Federal Credit Union | 345 | 413 |
| First International Bank & Trust | 278 | 337 |
| First Bank & Trust | 267 | 363 |
| First Dakota National Bak | 190 | 218 |
| Fairway Independent Mort Corp | 173 | 237 |
| Central Bank | 160 | 209 |
| Rocket Mortgage | 156 | 199 |
| US Bank, N.A. | 115 | 186 |
| Cortrust Bank | 99 | 108 |
| The First National Bank in Sioux Falls | 98 | 110 |
| Service First Federal Credit Union | 97 | 126 |
| Crosscountry Mortgage, LLC | 97 | 126 |
| United Wholesale Mortgage | 76 | 113 |
| American Bank & Trust | 75 | 115 |
| Reliabank Dakota | 67 | 79 |
| Black Hills Federal Credit Union | 65 | 102 |
| First Interstate Bank | 60 | 98 |
| Cortrust Mortgage, Inc. | 57 | 68 |
| Cu Mortgage Direct, LLC | 54 | 66 |
| Newrez LLC | 44 | 100 |
| Voyage Federal Credit Union | 44 | 63 |
| Dacotah Bank | 44 | 50 |
| Mortgage Research Center | 41 | 81 |
Applications by race, ethnicity and sex, 2025
| Category | Applications | Denial rate |
|---|---|---|
| American Indian or Alaska Native | 43 | no rate: base under 50 |
| Asian | 91 | 16.7% of 72 decided |
| Black or African American | 158 | 26.2% of 122 decided |
| Native Hawaiian or Other Pacific Islander | under 10 | |
| White | 5,422 | 12.7% of 4,434 decided |
| 2 or more minority races | under 10 | |
| Joint | 132 | 14.0% of 107 decided |
| Free Form Text Only | under 10 | |
| Race Not Available | 1,014 | 16.1% of 835 decided |
| Category | Applications | Denial rate |
|---|---|---|
| Hispanic or Latino | 282 | 31.2% of 231 decided |
| Not Hispanic or Latino | 5,544 | 12.6% of 4,532 decided |
| Joint | withheld | |
| Ethnicity Not Available | 947 | 15.3% of 759 decided |
| Free Form Text Only | under 10 |
| Category | Applications | Denial rate |
|---|---|---|
| Male | 1,989 | 17.4% of 1,624 decided |
| Female | 1,193 | 17.6% of 939 decided |
| Joint | 3,101 | 10.0% of 2,564 decided |
| Sex Not Available | 591 | 13.7% of 483 decided |
A category under 10 applications prints “under 10”, and beside a lone one the next-smallest is withheld too, so neither can be worked out from the whole. No rate is printed on fewer than 50 decisions. A denial rate does not control for credit history, income, debt or the property, so a difference between groups is not a measure of discrimination.
Rankings this appears in
- No. 702 Counties by median mortgage
Sources
- HMDA public loan/application register (LAR) — each year's fullest national release — Consumer Financial Protection Bureau · CFPB website policy: public domain · retrieved October 22, 2026
- Census Bureau population estimates — nation and states, with components of change — U.S. Census Bureau · U.S. Government work · retrieved September 25, 2026
- HMDA transmittal sheet — every reporting lender, by year, with its name — Consumer Financial Protection Bureau · CFPB website policy: public domain · retrieved October 22, 2026
- HMDA reporter panel — every reporting lender, by year, with its RSSD, parent and top holder
- Census Bureau county population estimates — U.S. Census Bureau · U.S. Government work · retrieved September 23, 2026
Compiled automatically from HMDA public loan/application register (LAR) — each year's fullest national release, Census Bureau population estimates — nation and states, with components of change, HMDA transmittal sheet — every reporting lender, by year, with its name, HMDA reporter panel — every reporting lender, by year, with its RSSD, parent and top holder and Census Bureau county population estimates by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved