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Safe Rate's TrueRank Guarantee
Our rankings are earned, not bought. We analyze 2,347 lenders using federal HMDA data—no pay-to-play, no cherry-picking. You see the best options based on performance metrics, not advertising dollars.
Best Mortgage Lenders in Sioux Falls
Updated February 5, 2026
Market Overview
35
Total Lenders
3,670
Total Loans
0.02%
Median Rate Spread
| Rank | Lender | Overall | Pricing | Pull Through | Place | Avg Fees | Spread | Volume | Action |
|---|---|---|---|---|---|---|---|---|---|
1 | Levo Federal Credit Union | Exceptional | Exceptional | Exceptional | Exceptional | $1,896 | -0.112% | 181 | |
2 | First Dakota National Bank | Exceptional | Exceptional | Strong | Exceptional | $1,213 | -0.152% | 219 | |
3 | IOWA BANKERS MORTGAGE CORPORATION | Exceptional | Exceptional | Exceptional | Sound | $3,051 | -0.128% | 26 | |
4 | Central Bank | Exceptional | Strong | Exceptional | Strong | $2,844 | -0.315% | 79 | |
5 | First PREMIER Bank | Strong | Strong | Sound | Exceptional | $2,108 | -0.105% | 290 | |
6 | First International Bank & Trust | Strong | Sound | Exceptional | Exceptional | $1,401 | -0.158% | 206 | |
7 | First National Bank of Omaha | Strong | Strong | Strong | Strong | $2,759 | -0.169% | 95 | |
8 | U.S. Bank National Association | Strong | Strong | Strong | Strong | $1,074 | -0.022% | 76 | |
9 | Reliabank Dakota | Strong | Strong | Strong | Strong | $2,232 | -0.211% | 71 | |
10 | First Bank & Trust | Strong | Sound | Strong | Exceptional | $3,023 | -0.153% | 297 | |
11 | American Bank & Trust | Strong | Strong | Sound | Strong | $2,340 | -0.305% | 73 | |
12 | UNITED WHOLESALE MORTGAGE, LLC | Strong | Sound | Exceptional | Strong | $3,500 | +0.046% | 72 | |
13 | Wells Fargo Bank, National Association | Strong | Strong | Sound | Strong | $1,638 | -0.105% | 62 | |
14 | Dacotah Bank | Strong | Strong | Strong | Sound | $2,007 | -0.452% | 26 | |
15 | CORTRUST MORTGAGE, INC. | Strong | Sound | Strong | Strong | $2,818 | -0.078% | 77 | |
16 | CU MORTGAGE DIRECT, LLC | Strong | Sound | Strong | Strong | $2,608 | +0.061% | 58 | |
17 | BLACK HILLS FEDERAL CREDIT UNION | Strong | Sound | Strong | Strong | $2,578 | -0.139% | 53 | |
18 | Plains Commerce Bank | Strong | Acceptable | Strong | Exceptional | $3,090 | -0.099% | 1,018 | |
19 | FAIRWAY INDEPENDENT MORTGAGE CORPORATION | Strong | Acceptable | Exceptional | Strong | $1,947 | +0.127% | 185 | |
20 | ROCKET MORTGAGE, LLC | Strong | Acceptable | Exceptional | Strong | $4,422 | +0.343% | 115 | |
21 | GUARANTEED RATE, INC. | Strong | Sound | Strong | Sound | $3,036 | +0.180% | 51 | |
22 | FREEDOM MORTGAGE CORPORATION | Strong | Sound | Strong | Sound | $1,046 | -0.551% | 22 | |
23 | CROSSCOUNTRY MORTGAGE, LLC | Strong | Acceptable | Strong | Strong | $4,224 | +0.407% | 103 | |
24 | Mortgage Research Center, LLC | Sound | Acceptable | Strong | Sound | $978 | +1.566% | 52 | |
25 | Flagstar Bank, N.A. | Sound | Acceptable | Strong | Sound | $2,481 | +0.380% | 23 |
How We Rank Lenders
Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.
Our Point System (Max 30 Points)
10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Place
Local market expertise (33%)
Data Integrity & Updates
Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.
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