🛡️
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 Bank Mortgage Lenders in South Dakota
Updated February 6, 2026
Market Overview
21
Total Lenders
5,032
Total Loans
-0.01%
Median Rate Spread
| Rank | Lender | Overall | Pricing | Pull Through | Place | Avg Fees | Spread | Volume | Action |
|---|---|---|---|---|---|---|---|---|---|
1 | First Dakota National Bank | Exceptional | Exceptional | Strong | Exceptional | $1,000 | -0.112% | 409 | |
2 | WEST GATE BANK | Exceptional | Exceptional | Exceptional | Sound | $2,643 | +0.018% | 24 | |
3 | Dacotah Bank | Exceptional | Strong | Strong | Exceptional | $1,902 | -0.022% | 256 | |
4 | Central Bank | Exceptional | Strong | Exceptional | Strong | $3,095 | -0.197% | 125 | |
5 | First PREMIER Bank | Strong | Strong | Sound | Exceptional | $1,978 | -0.094% | 406 | |
6 | First International Bank & Trust | Strong | Sound | Exceptional | Exceptional | $1,402 | -0.166% | 261 | |
7 | American Bank & Trust | Strong | Strong | Sound | Exceptional | $2,147 | -0.126% | 243 | |
8 | U.S. Bank National Association | Strong | Strong | Strong | Strong | $1,035 | +0.050% | 186 | |
9 | First National Bank of Omaha | Strong | Strong | Strong | Strong | $2,348 | -0.099% | 143 | |
10 | Reliabank Dakota | Strong | Strong | Strong | Strong | $2,442 | -0.085% | 114 | |
11 | First Bank & Trust | Strong | Sound | Strong | Exceptional | $2,808 | -0.156% | 550 | |
12 | BANKWEST, INC. | Strong | Sound | Strong | Exceptional | $3,213 | -0.049% | 163 | |
13 | Wells Fargo Bank, National Association | Strong | Strong | Sound | Strong | $1,814 | +0.101% | 123 | |
14 | Citizens Bank, National Association | Strong | Strong | Strong | Sound | $2,648 | +0.028% | 25 | |
15 | Plains Commerce Bank | Strong | Acceptable | Strong | Exceptional | $2,993 | -0.057% | 1,524 | |
16 | JPMorgan Chase Bank, National Association | Strong | Sound | Strong | Sound | $2,458 | +0.039% | 28 | |
17 | GRANITE BANK | Strong | Acceptable | Strong | Strong | $2,215 | -0.129% | 137 | |
18 | Gateway First Bank | Strong | Acceptable | Strong | Strong | $2,269 | +0.021% | 105 | |
19 | USAA Federal Savings Bank | Strong | Sound | Sound | Sound | $1,946 | -0.308% | 38 | |
20 | First Interstate Bank | Sound | Sound | Mediocre | Strong | $1,462 | +0.316% | 53 | |
21 | Flagstar Bank, N.A. | Sound | Acceptable | Strong | Sound | $1,860 | +0.221% | 42 |
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