🛡️
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 FHA 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 | Product | Pull Through | Place | Avg Fees | Spread | Volume | Action |
|---|---|---|---|---|---|---|---|---|---|---|
1 | First Bank & Trust | Exceptional | Exceptional | Strong | Strong | Exceptional | $2,808 | -0.156% | 550 | |
2 | First Dakota National Bank | Exceptional | Exceptional | Strong | Strong | Exceptional | $1,000 | -0.112% | 409 | |
3 | First PREMIER Bank | Exceptional | Exceptional | Strong | Strong | Exceptional | $1,978 | -0.094% | 406 | |
4 | First International Bank & Trust | Exceptional | Exceptional | Strong | Strong | Exceptional | $1,402 | -0.166% | 261 | |
5 | Levo Federal Credit Union | Exceptional | Exceptional | Strong | Strong | Exceptional | $1,876 | -0.110% | 200 | |
6 | Dacotah Bank | Exceptional | Exceptional | Sound | Strong | Exceptional | $1,902 | -0.022% | 256 | |
7 | American Bank & Trust | Exceptional | Exceptional | Strong | Sound | Exceptional | $2,147 | -0.126% | 243 | |
8 | BLACK HILLS FEDERAL CREDIT UNION | Exceptional | Strong | Strong | Strong | Exceptional | $3,279 | -0.112% | 305 | |
9 | CORTRUST MORTGAGE, INC. | Exceptional | Strong | Strong | Strong | Exceptional | $2,385 | -0.063% | 203 | |
10 | Plains Commerce Bank | Exceptional | Sound | Exceptional | Strong | Exceptional | $2,993 | -0.057% | 1,524 | |
11 | UNITED WHOLESALE MORTGAGE, LLC | Exceptional | Sound | Exceptional | Exceptional | Strong | $3,283 | +0.118% | 273 | |
12 | U.S. Bank National Association | Exceptional | Strong | Exceptional | Sound | Strong | $1,035 | +0.050% | 186 | |
13 | BANKWEST, INC. | Exceptional | Strong | Sound | Strong | Exceptional | $3,213 | -0.049% | 163 | |
14 | First National Bank of Omaha | Exceptional | Strong | Strong | Strong | Strong | $2,348 | -0.099% | 143 | |
15 | CU MORTGAGE DIRECT, LLC | Exceptional | Exceptional | Sound | Sound | Strong | $2,486 | +0.050% | 123 | |
16 | FREEDOM MORTGAGE CORPORATION | Exceptional | Strong | Exceptional | Strong | Sound | $2,766 | +0.406% | 68 | |
17 | PENNYMAC LOAN SERVICES, LLC | Strong | Strong | Exceptional | Sound | Sound | $2,633 | -0.268% | 67 | |
18 | ROCKET MORTGAGE, LLC | Strong | Acceptable | Exceptional | Exceptional | Strong | $4,351 | +0.367% | 430 | |
19 | FAIRWAY INDEPENDENT MORTGAGE CORPORATION | Strong | Acceptable | Exceptional | Exceptional | Strong | $2,181 | +0.166% | 276 | |
20 | GRANITE BANK | Strong | Sound | Strong | Strong | Strong | $2,215 | -0.129% | 137 | |
21 | Reliabank Dakota | Strong | Strong | Sound | Sound | Strong | $2,442 | -0.085% | 114 | |
22 | KIND LENDING, LLC | Strong | Sound | Exceptional | Strong | Sound | $3,831 | +0.176% | 57 | |
23 | LOANDEPOT.COM, LLC | Strong | Sound | Exceptional | Strong | Sound | $3,353 | +0.257% | 52 | |
24 | Flagstar Bank, N.A. | Strong | Sound | Exceptional | Strong | Sound | $1,860 | +0.221% | 42 | |
25 | CMG MORTGAGE, INC. | Strong | Acceptable | Exceptional | Strong | Strong | $3,165 | +0.200% | 395 | |
26 | GUARANTEED RATE, INC. | Strong | Acceptable | Exceptional | Strong | Strong | $2,595 | +0.308% | 166 | |
27 | Gateway First Bank | Strong | Acceptable | Exceptional | Strong | Strong | $2,269 | +0.021% | 105 | |
28 | NEWREZ LLC | Strong | Sound | Exceptional | Sound | Sound | $2,886 | +0.311% | 39 | |
29 | Mortgage Research Center, LLC | Strong | Acceptable | Exceptional | Sound | Strong | $1,213 | +0.559% | 177 | |
30 | Servion, Inc. | Strong | Sound | Strong | Sound | Sound | $3,124 | +0.280% | 33 | |
31 | CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | Strong | Acceptable | Exceptional | Strong | Sound | $4,312 | +0.965% | 24 | |
32 | CROSSCOUNTRY MORTGAGE, LLC | Strong | Mediocre | Exceptional | Strong | Strong | $4,319 | +0.433% | 126 | |
33 | AMERICAN PACIFIC MORTGAGE CORPORATION | Strong | Mediocre | Exceptional | Exceptional | Sound | $5,967 | +0.490% | 52 | |
34 | MUTUAL OF OMAHA MORTGAGE, INC. | Strong | Acceptable | Exceptional | Sound | Sound | $2,412 | -0.033% | 33 | |
35 | PRIMARY RESIDENTIAL MORTGAGE, INC. | Sound | Mediocre | Exceptional | Strong | Sound | $4,559 | +0.508% | 18 | |
36 | First Interstate Bank | Sound | Sound | Acceptable | Mediocre | Strong | $1,462 | +0.316% | 53 | |
37 | NEW AMERICAN FUNDING, LLC | Sound | Mediocre | Exceptional | Sound | Sound | $3,699 | +0.656% | 28 |
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.
Ready to find your perfect lender?
Get personalized recommendations based on your specific needs
South DakotaFHA
No credit impact
3-minute process
100% free