🛡️
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 South Dakota
Updated February 6, 2026
Market Overview
62
Total Lenders
8,496
Total Loans
0.14%
Median Rate Spread
| Rank | Lender | Overall | Pricing | Pull Through | Place | Avg Fees | Spread | Volume | Action |
|---|---|---|---|---|---|---|---|---|---|
1 | Levo Federal Credit Union | Exceptional | Exceptional | Exceptional | Exceptional | $1,876 | -0.110% | 200 | |
2 | First Dakota National Bank | Exceptional | Exceptional | Strong | Exceptional | $1,000 | -0.112% | 409 | |
3 | IOWA BANKERS MORTGAGE CORPORATION | Exceptional | Exceptional | Exceptional | Sound | $2,905 | -0.053% | 50 | |
4 | WEST GATE BANK | Exceptional | Exceptional | Exceptional | Sound | $2,643 | +0.018% | 24 | |
5 | Dacotah Bank | Exceptional | Strong | Strong | Exceptional | $1,902 | -0.022% | 256 | |
6 | Central Bank | Exceptional | Strong | Exceptional | Strong | $3,095 | -0.197% | 125 | |
7 | First PREMIER Bank | Strong | Strong | Sound | Exceptional | $1,978 | -0.094% | 406 | |
8 | First International Bank & Trust | Strong | Sound | Exceptional | Exceptional | $1,402 | -0.166% | 261 | |
9 | American Bank & Trust | Strong | Strong | Sound | Exceptional | $2,147 | -0.126% | 243 | |
10 | U.S. Bank National Association | Strong | Strong | Strong | Strong | $1,035 | +0.050% | 186 | |
11 | First National Bank of Omaha | Strong | Strong | Strong | Strong | $2,348 | -0.099% | 143 | |
12 | Reliabank Dakota | Strong | Strong | Strong | Strong | $2,442 | -0.085% | 114 | |
13 | NAVY FEDERAL CREDIT UNION | Strong | Exceptional | Sound | Sound | $442 | -0.545% | 28 | |
14 | First Bank & Trust | Strong | Sound | Strong | Exceptional | $2,808 | -0.156% | 550 | |
15 | BLACK HILLS FEDERAL CREDIT UNION | Strong | Sound | Strong | Exceptional | $3,279 | -0.112% | 305 | |
16 | UNITED WHOLESALE MORTGAGE, LLC | Strong | Sound | Exceptional | Strong | $3,283 | +0.118% | 273 | |
17 | CORTRUST MORTGAGE, INC. | Strong | Sound | Strong | Exceptional | $2,385 | -0.063% | 203 | |
18 | BANKWEST, INC. | Strong | Sound | Strong | Exceptional | $3,213 | -0.049% | 163 | |
19 | Wells Fargo Bank, National Association | Strong | Strong | Sound | Strong | $1,814 | +0.101% | 123 | |
20 | Citizens Bank, National Association | Strong | Strong | Strong | Sound | $2,648 | +0.028% | 25 | |
21 | GUARANTEED RATE, INC. | Strong | Sound | Strong | Strong | $2,595 | +0.308% | 166 | |
22 | CU MORTGAGE DIRECT, LLC | Strong | Sound | Strong | Strong | $2,486 | +0.050% | 123 | |
23 | Plains Commerce Bank | Strong | Acceptable | Strong | Exceptional | $2,993 | -0.057% | 1,524 | |
24 | ROCKET MORTGAGE, LLC | Strong | Acceptable | Exceptional | Strong | $4,351 | +0.367% | 430 | |
25 | CMG MORTGAGE, INC. | Strong | Acceptable | Exceptional | Strong | $3,165 | +0.200% | 395 | |
26 | FAIRWAY INDEPENDENT MORTGAGE CORPORATION | Strong | Acceptable | Exceptional | Strong | $2,181 | +0.166% | 276 | |
27 | FREEDOM MORTGAGE CORPORATION | Strong | Sound | Strong | Sound | $2,766 | +0.406% | 68 | |
28 | PENNYMAC LOAN SERVICES, LLC | Strong | Sound | Strong | Sound | $2,633 | -0.268% | 67 | |
29 | LOANDEPOT.COM, LLC | Strong | Sound | Strong | Sound | $3,353 | +0.257% | 52 | |
30 | Servion, Inc. | Strong | Sound | Strong | Sound | $3,124 | +0.280% | 33 | |
31 | JPMorgan Chase Bank, National Association | Strong | Sound | Strong | Sound | $2,458 | +0.039% | 28 | |
32 | Mortgage Research Center, LLC | Strong | Acceptable | Strong | Strong | $1,213 | +0.559% | 177 | |
33 | GRANITE BANK | Strong | Acceptable | Strong | Strong | $2,215 | -0.129% | 137 | |
34 | CROSSCOUNTRY MORTGAGE, LLC | Strong | Acceptable | Strong | Strong | $4,319 | +0.433% | 126 | |
35 | Gateway First Bank | Strong | Acceptable | Strong | Strong | $2,269 | +0.021% | 105 | |
36 | USAA Federal Savings Bank | Strong | Sound | Sound | Sound | $1,946 | -0.308% | 38 | |
37 | MUTUAL OF OMAHA MORTGAGE, INC. | Strong | Sound | Sound | Sound | $2,412 | -0.033% | 33 | |
38 | CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | Strong | Acceptable | Exceptional | Sound | $4,312 | +0.965% | 24 | |
39 | KIND LENDING, LLC | Sound | Acceptable | Strong | Sound | $3,831 | +0.176% | 57 | |
40 | First Interstate Bank | Sound | Sound | Mediocre | Strong | $1,462 | +0.316% | 53 | |
41 | Flagstar Bank, N.A. | Sound | Acceptable | Strong | Sound | $1,860 | +0.221% | 42 | |
42 | NATIONSTAR MORTGAGE LLC | Sound | Acceptable | Strong | Sound | $3,672 | +0.332% | 30 | |
43 | TOWNE MORTGAGE COMPANY | Sound | Acceptable | Strong | Sound | $2,574 | -0.295% | 27 | |
44 | AMERICAN PACIFIC MORTGAGE CORPORATION | Sound | Mediocre | Exceptional | Sound | $5,967 | +0.490% | 52 | |
45 | NEWREZ LLC | Sound | Acceptable | Sound | Sound | $2,886 | +0.311% | 39 | |
46 | NEW AMERICAN FUNDING, LLC | Sound | Acceptable | Sound | Sound | $3,699 | +0.656% | 28 | |
47 | Farm Credit Mid-America, ACA | Sound | Mediocre | Sound | Strong | $5,728 | +0.577% | 66 | |
48 | NEW DAY FINANCIAL, LLC | Sound | Mediocre | Acceptable | Sound | $6,089 | +1.147% | 22 |
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.
Ready to find your perfect lender?
Get personalized recommendations based on your specific needs
South Dakota
No credit impact
3-minute process
100% free