# Reliabank Dakota

> **Canonical URL:** https://saferate.com/lenders/reliabank-dakota


> **📋 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


Reliabank Dakota is a bank, headquartered in Estelline, SD, serving borrowers across 5 states, with 130 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 40% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 34% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300KCR7QWQQCWBG94
- **Headquarters:** Estelline, SD
- **Geographic Reach:** Regional
- **States Served:** 5
- **State List:** IA, MN, MS, SD, TX
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 86.3%
- **Brokered/Wholesale:** 13.7%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 60/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 66/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** -0.086%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,302
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 130
- **Dollar Volume:** $33 million
- **Applications Received:** 175
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $251,769
- **Average Borrower Income:** $103,477
- **Average Property Value:** $343,538

## Safe Rate Awards 🏆

- ⭐ **Refinance Gold Superstar** (71%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 45/100 | 98 | -0.126% | $2,475 | Sound ☺️ |
| FHA | 58/100 | 21 | +0.123% | $2,172 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 77 loans, Score: 43/100 (Sound)
- Refinance: 21 loans, Score: 46/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 47/100 | 105 | $27M | +0.022% | Sound ☺️ |
| Refinance | 49/100 | 25 | $6M | -0.521% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| SD | 114 | 1.28% | 78/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Sioux Falls, SD | SD-MN | 71 | 74/100 |
| Non |  | 52 | 50/100 |

## Where This Lender Ranks

Reliabank Dakota appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#6** in Sioux Falls, SD Banks
  - [View Full Rankings](https://saferate.com/sioux-falls-sd/best-mortgage-lenders/banks)
- 🏆 **#8** in South Dakota Banks
  - [View Full Rankings](https://saferate.com/south-dakota/best-mortgage-lenders/banks)
- 🏆 **#8** in Sioux Falls, SD
  - [View Full Rankings](https://saferate.com/sioux-falls-sd/best-mortgage-lenders)
- 🏆 **#10** in South Dakota
  - [View Full Rankings](https://saferate.com/south-dakota/best-mortgage-lenders)
- 🏆 **#10** in Sioux Falls, SD for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/sioux-falls-sd/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#14** in South Dakota for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/south-dakota/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#16** in Sioux Falls, SD for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/sioux-falls-sd/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#19** in South Dakota for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/south-dakota/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#20** in Sioux Falls, SD for FHA Loans
  - [View Full Rankings](https://saferate.com/sioux-falls-sd/best-mortgage-lenders/fha-loans)

## Frequently Asked Questions

### What loan types does Reliabank Dakota offer?

Reliabank Dakota offers the following mortgage loan types: FHA, Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Reliabank Dakota offer mortgages?

Reliabank Dakota offers mortgages in 5 states: IA, MN, MS, SD, TX.

### How competitive are Reliabank Dakota's mortgage rates?

Reliabank Dakota has a pricing score of 60/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.086% below market average.

### What type of lender is Reliabank Dakota?

Reliabank Dakota is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Estelline, SD.

### What is Reliabank Dakota's loan approval success rate?

Reliabank Dakota has a pull-through score of 66/100 (Strong). 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/reliabank-dakota

### How to Cite

> "Reliabank Dakota Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/reliabank-dakota

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