Spink County
South Dakota · FIPS 46115
According to CFPB HMDA 2024 application volume among U.S. counties, Spink County ranks #2,962 of 3,210, and #37 of 65 in South Dakota.
Mortgage lending activity in Spink County, South Dakota based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Spink County, South Dakota saw 69 HMDA-reported mortgage applications in 2024. Lenders originated 38 of those loans and denied 15, producing a denial rate of 21.7% and an approval (origination) rate of 55.1%. The average loan amount was $150,507 at an average note rate of 7.36%, with applicants self-reporting average annual income of $35K. 20 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 4.3x, meaning typical borrowers took on mortgages of about 4.3 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Spink County
In Spink County, lead originator Dacotah Bank funded 15.8% of 38 originated loans, in the middle tercile of U.S. counties (~10.9-16.7% top-1). The top three reporters together hold 39.5% of the book; a local credit union or regional bank still sits beside the national wholesalers.
Counties With Similar Application Volume
Nationwide counties nearest to Spink County's 69 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Spink County's $150,507 average loan (deduped against volume peers).
Lenders active in Spink County
Dacotah Bank funded 6 of the 38 loans originated in Spink County, 15.8% of the county. 20 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Dacotah Bank | 6 | 15.8% |
| 2 | First Interstate Bank | 5 | 13.2% |
| 3 | Plains Commerce Bank | 4 | 10.5% |
| 4 | First Bank & Trust | 2 | 5.3% |
| 5 | Mortgage Research Center | 2 | 5.3% |
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice for Spink County borrowers.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This Spink County page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.