Safe Rate Rankings

Best VA Mortgage Lenders in South Dakota

Updated May 26, 2026
⚖️ The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
🛡️ No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
📊 HMDA 2024Built using publicly available originated loan data from the federal government.
🎯 Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.
Total Lenders62
Total Loans8,496
Median Rate Spread0.14%

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RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
Levo Federal Credit UnionCredit Union
Exceptional
Exceptional
Sound
Exceptional
Exceptional
$1,876Fees
0.110%Below
200
2
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Exceptional
Strong
$3,283Fees
0.118%Above
273
3
First International Bank & TrustBank
Exceptional
Strong
Strong
Exceptional
Exceptional
$1,402Fees
0.166%Below
261
4
First Bank & TrustBank
Exceptional
Strong
Strong
Strong
Exceptional
$2,808Fees
0.156%Below
550
5
First Dakota National BankBank
Exceptional
Exceptional
Sound
Sound
Exceptional
$1,000Fees
0.112%Below
409
6
First PREMIER BankBank
Exceptional
Strong
Strong
Strong
Exceptional
$1,978Fees
0.094%Below
406
7
BLACK HILLS FEDERAL CREDIT UNIONCredit Union
Exceptional
Strong
Strong
Strong
Exceptional
$3,279Fees
0.112%Below
305
8
U.S. Bank National AssociationBank
Exceptional
Strong
Exceptional
Strong
Strong
$1,035Fees
0.050%Above
186
9
GUARANTEED RATE, INC.Independent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$2,595Fees
0.308%Above
166
10
NAVY FEDERAL CREDIT UNIONCredit Union
Exceptional
Exceptional
Exceptional
Sound
Sound
$442Fees
0.545%Below
28
11
Plains Commerce BankBank
Exceptional
Sound
Exceptional
Strong
Exceptional
$2,993Fees
0.057%Below
1,524
12
CMG MORTGAGE, INC.Independent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Strong
$3,165Fees
0.200%Above
395
13
Dacotah BankBank
Exceptional
Strong
Sound
Strong
Exceptional
$1,902Fees
0.022%Below
256
14
First National Bank of OmahaBank
Exceptional
Strong
Strong
Strong
Strong
$2,348Fees
0.099%Below
143
15
FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Sound
$2,766Fees
0.406%Above
68
16
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Sound
$2,633Fees
0.268%Below
67
17
KIND LENDING, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Sound
$3,831Fees
0.176%Above
57
18
American Bank & TrustBank
Strong
Strong
Sound
Exceptional
$2,147Fees
0.126%Below
243
19
Gateway First BankBank
Strong
Sound
Exceptional
Strong
Strong
$2,269Fees
0.021%Above
105
20
USAA Federal Savings BankBank
Strong
Strong
Exceptional
Sound
Sound
$1,946Fees
0.308%Below
38
21
TOWNE MORTGAGE COMPANYIndependent Mortgage Company
Strong
Sound
Exceptional
Exceptional
Sound
$2,574Fees
0.295%Below
27
22
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$4,351Fees
0.367%Above
430
23
FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$2,181Fees
0.166%Above
276
24
BANKWEST, INC.Bank
Strong
Sound
Sound
Strong
Exceptional
$3,213Fees
0.049%Below
163
25
GRANITE BANKBank
Strong
Sound
Strong
Strong
Strong
$2,215Fees
0.129%Below
137
26
Wells Fargo Bank, National AssociationBank
Strong
Sound
Exceptional
Sound
Strong
$1,814Fees
0.101%Above
123
27
LOANDEPOT.COM, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Sound
$3,353Fees
0.257%Above
52
28
Flagstar Bank, N.A.Bank
Strong
Sound
Exceptional
Strong
Sound
$1,860Fees
0.221%Above
42
29
NEWREZ LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Sound
$2,886Fees
0.311%Above
39
30
MUTUAL OF OMAHA MORTGAGE, INC.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
Sound
$2,412Fees
0.033%Below
33
31
Citizens Bank, National AssociationBank
Strong
Strong
Strong
Sound
Sound
$2,648Fees
0.028%Above
25
32
CORTRUST MORTGAGE, INC.Independent Mortgage Company
Strong
Sound
Acceptable
Strong
Exceptional
$2,385Fees
0.063%Below
203
33
Mortgage Research Center, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$1,213Fees
0.559%Above
177
34
CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$4,319Fees
0.433%Above
126
35
CU MORTGAGE DIRECT, LLCIndependent Mortgage Company
Strong
Sound
Sound
Strong
Strong
$2,486Fees
0.050%Above
123
36
Servion, Inc.Independent Mortgage Company
Strong
Sound
Strong
Strong
Sound
$3,124Fees
0.280%Above
33
37
NATIONSTAR MORTGAGE LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Sound
$3,672Fees
0.332%Above
30
38
AMERICAN PACIFIC MORTGAGE CORPORATIONIndependent Mortgage Company
Sound
Mediocre
Exceptional
Strong
Sound
$5,967Fees
0.490%Above
52
39
NEW DAY FINANCIAL, LLCIndependent Mortgage Company
Sound
Mediocre
Exceptional
Sound
Sound
$6,089Fees
1.147%Above
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 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.