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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 Conventional 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 | Product | Pull Through | Place | Avg Fees | Spread | Volume | Action |
|---|---|---|---|---|---|---|---|---|---|---|
1 | First Dakota National Bank | Exceptional | Exceptional | Strong | Strong | Exceptional | $1,213 | -0.152% | 219 | |
2 | IOWA BANKERS MORTGAGE CORPORATION | Exceptional | Exceptional | Exceptional | Exceptional | Sound | $3,051 | -0.128% | 26 | |
3 | WEST GATE BANK | Exceptional | Exceptional | Exceptional | Exceptional | Sound | $3,680 | +0.073% | 11 | |
4 | Levo Federal Credit Union | Exceptional | Strong | Sound | Exceptional | Exceptional | $1,896 | -0.112% | 181 | |
5 | First National Bank of Omaha | Exceptional | Strong | Exceptional | Strong | Strong | $2,759 | -0.169% | 95 | |
6 | Central Bank | Exceptional | Strong | Strong | Exceptional | Strong | $2,844 | -0.315% | 79 | |
7 | U.S. Bank National Association | Exceptional | Strong | Exceptional | Strong | Strong | $1,074 | -0.022% | 76 | |
8 | First PREMIER Bank | Exceptional | Strong | Strong | Sound | Exceptional | $2,108 | -0.105% | 290 | |
9 | First International Bank & Trust | Exceptional | Sound | Strong | Exceptional | Exceptional | $1,401 | -0.158% | 206 | |
10 | Wells Fargo Bank, National Association | Exceptional | Strong | Exceptional | Sound | Strong | $1,638 | -0.105% | 62 | |
11 | First Bank & Trust | Strong | Sound | Strong | Strong | Exceptional | $3,023 | -0.153% | 297 | |
12 | Plains Commerce Bank | Strong | Acceptable | Exceptional | Strong | Exceptional | $3,090 | -0.099% | 1,018 | |
13 | ROCKET MORTGAGE, LLC | Strong | Acceptable | Exceptional | Exceptional | Strong | $4,422 | +0.343% | 115 | |
14 | CORTRUST MORTGAGE, INC. | Strong | Sound | Strong | Strong | Strong | $2,818 | -0.078% | 77 | |
15 | American Bank & Trust | Strong | Strong | Sound | Sound | Strong | $2,340 | -0.305% | 73 | |
16 | UNITED WHOLESALE MORTGAGE, LLC | Strong | Acceptable | Exceptional | Exceptional | Strong | $3,500 | +0.046% | 72 | |
17 | BLACK HILLS FEDERAL CREDIT UNION | Strong | Sound | Strong | Strong | Strong | $2,578 | -0.139% | 53 | |
18 | JPMorgan Chase Bank, National Association | Strong | Sound | Exceptional | Strong | Sound | $2,644 | +0.004% | 19 | |
19 | Citizens Bank, National Association | Strong | Strong | Exceptional | Sound | Acceptable | $3,657 | +0.143% | 10 | |
20 | FAIRWAY INDEPENDENT MORTGAGE CORPORATION | Strong | Acceptable | Exceptional | Strong | Strong | $1,947 | +0.127% | 185 | |
21 | CROSSCOUNTRY MORTGAGE, LLC | Strong | Acceptable | Exceptional | Strong | Strong | $4,224 | +0.407% | 103 | |
22 | Dacotah Bank | Strong | Sound | Strong | Strong | Sound | $2,007 | -0.452% | 26 | |
23 | PENNYMAC LOAN SERVICES, LLC | Strong | Sound | Exceptional | Sound | Sound | $2,378 | -0.245% | 14 | |
24 | Reliabank Dakota | Strong | Sound | Sound | Sound | Strong | $2,232 | -0.211% | 71 | |
25 | CU MORTGAGE DIRECT, LLC | Strong | Sound | Sound | Sound | Strong | $2,608 | +0.061% | 58 | |
26 | GUARANTEED RATE, INC. | Strong | Acceptable | Exceptional | Strong | Sound | $3,036 | +0.180% | 51 | |
27 | Flagstar Bank, N.A. | Strong | Acceptable | Exceptional | Strong | Sound | $2,481 | +0.380% | 23 | |
28 | PRIMARY RESIDENTIAL MORTGAGE, INC. | Strong | Acceptable | Exceptional | Strong | Sound | $4,790 | +0.430% | 18 | |
29 | CMG MORTGAGE, INC. | Strong | Acceptable | Exceptional | Strong | Sound | $2,632 | +0.243% | 12 | |
30 | First Interstate Bank | Sound | Sound | Sound | Acceptable | Sound | $1,543 | +0.248% | 12 |
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 40 Points)
10
Pricing
Rate and fee competitiveness (25%)
10
Pull Through
Reliability in closing loans (25%)
10
Product
Specialization in the loan type (25%)
10
Place
Local market expertise (25%)
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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