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Mortgage lending in South Dakota

Lenders in South Dakota reported 25,910 mortgage applications for 2025, according to the CFPB.

25,910 mortgage applications and 17,111 loans originated in 2025. 3,303 of the 20,993 applications decided were denied, 15.7%. From 2025, the CFPB’s Snapshot release.

25,910
Applications
17,111
Loans originated
18.3 per 1,000 residents, over the Census Bureau's 2025 estimate.
15.7%
Denial rate
3,303 denied of 20,993 applications decided.

The largest lenders in South Dakota

2 more columns on a wider screen

Lenders in South Dakota by loans originated, 2025
RankLenderOriginated
1Plains Commerce Bank1,570
2First Bank & Trust972
3First Premier Bank942
4Rocket Mortgage753
5Black Hills Federal Credit Union738
6CMG Mortgage Inc689
7First Dakota National Bak576
8Levo Federal Credit Union541
9First International Bank & Trust503
10Bankwest, Inc.494
11Dacotah Bank433
12United Wholesale Mortgage426
13American Bank & Trust417
14US Bank, N.A.392
15Fairway Independent Mort Corp375
16First Interstate Bank364
17Central Bank304
18Mortgage Research Center298
19Cortrust Bank270
20Cortrust Mortgage, Inc.229
21Granite Bank229
22First National Bank189
23Pennymac Loan Services LLC187
24Crosscountry Mortgage, LLC175
25Guaranteed Rate, Inc.173

Counties in South Dakota

1 more column on a wider screen

Counties in South Dakota by loans originated, with the median loan, 2025
CountyOriginatedMedian loan
Minnehaha County4,705$235,000
Pennington County2,661$285,000
Lincoln County2,011$265,000
Meade County742$305,000
Lawrence County678$265,000
Codington County595$195,000
Brookings County519$225,000
Brown County460$195,000
Union County350$235,000
Davison County346$185,000
Yankton County343$215,000
Hughes County299$215,000
Lake County262$195,000
Clay County244$175,000
Butte County235$225,000
Custer County225$275,000
Fall River County192$205,000
Turner County189$195,000
Beadle County187$175,000
Hamlin County145$215,000
Grant County137$155,000
McCook County126$185,000
Hutchinson County111$165,000
Moody County92$185,000
Kingsbury County88$175,000
Roberts County84$155,000
Day County74$155,000
Bon Homme County72$155,000
Deuel County68$175,000
Charles Mix County61$165,000
Walworth County61$135,000
Brule County51$145,000
Clark County49under 50 loans
Hanson County48under 50 loans
Tripp County43under 50 loans
Stanley County42under 50 loans
Gregory County39under 50 loans
Lyman County35under 50 loans
Spink County34under 50 loans
Douglas County33under 50 loans
Edmunds County33under 50 loans
Hand County29under 50 loans
Potter County29under 50 loans
Sully County29under 50 loans
Aurora County28under 50 loans
Marshall County27under 50 loans
McPherson County24under 50 loans
Miner County23under 50 loans
Faulk County19under 50 loans
Haakon County16under 50 loans
Sanborn County16under 50 loans
Jerauld County15under 50 loans
Perkins County14under 50 loans
Hyde County11under 50 loans
Campbell County10under 50 loans
Harding County10under 50 loans
Bennett County7under 50 loans
Jackson County6under 50 loans
Jones County6under 50 loans
Corson County3under 50 loans
Todd County3under 50 loans
Ziebach County3under 50 loans
Dewey County2under 50 loans
Oglala Lakota County2under 50 loans
Buffalo County1under 50 loans
Mellette County1under 50 loans

South Dakota elsewhere on the Factbook

  • Reported crime Crime and justice

    Offenses reported to police by type, the trend, and the reporting coverage.

  • Most dangerous cities in South Dakota Crime and justice

    What each agency serving 25,000 or more reported, ranked. Agency populations overlap, so these do not add up to the state.

  • Prison population Crime and justice

    People held under the state’s correctional authority, and the imprisonment rate. A different publisher counting a different thing.

  • Arrests by race, sex and age Crime and justice

    Arrests as the FBI’s participating agencies reported them, with what the figures can and cannot support at the top.

  • Hate crime Crime and justice

    Incidents reported to the FBI by bias motivation, as counts — the collection publishes no participation share, so there is no rate to compare states on.

  • Federal obligations Federal spending

    What federal agencies obligated against a place of performance in the state, per resident and by agency.

  • Registered nonprofits Nonprofits

    How many organizations the IRS lists in the state, what they report as revenue, and which kinds of work they do.

  • Payments to doctors Health

    What drug and device companies reported paying doctors with a practice address in the state, and the largest recipients.

  • Farm program payments Farm subsidies

    What the Farm Service Agency paid through the state’s county offices, by program and by recipient. The offices that administered the payments, not a count of farms: a recipient addressed elsewhere is counted where they were paid.

  • Paycheck Protection Program loans PPP loans

    The PPP loans SBA guaranteed to businesses operating in the state, by county, with how many carry a forgiveness amount and how many were charged off. Loans, not businesses: a business with two draws is two loans.

  • Public schools Schools

    Pupils, schools and teachers, the largest districts, what districts spend per pupil and where the money comes from, and the colleges that take federal student aid.

  • Banks and credit unions Banks and credit unions

    The FDIC-insured banks headquartered in the state and their offices, and the credit unions based there and their sites, each per resident and against every other state.

  • Housing Housing

    The homes under HUD’s rental assistance programs in the state, by program and county, and its tax-credit housing, each per resident and against every other state.

  • College athletics Sports

    Every college in the state that reported to the Equity in Athletics survey, ranked by its athletics revenue, with its expenses, athletes and athletic aid.

  • Federal civilian workforce Federal salaries

    Federal civilian employees stationed in the state by agency and occupation, with the pay OPM publishes and the share it withholds.

  • The South Dakota Factbook entry Across the Factbook

    Every measure the Factbook publishes for this state in one place, each with where it ranks among the others and the record it came from.

The immigration hub has no page for this state: EOIR runs no immigration court here, and CBP publishes by sector and field office, which are its own areas of responsibility rather than a geography. Immigration and the border.

More about South Dakota →

Sources

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