SD · Statewide HMDA 2024
South Dakota mortgage lending
According to the CFPB HMDA 2024 Snapshot, 311 reporting lenders · 65 counties · 3 metros.
Volume rank is not origination-share rank
According to the CFPB HMDA 2024 Snapshot, South Dakota ranks #46 of 54 by application volume but #6 of 52 states with 10,000+ applications on origination share (59.5%). Wisconsin leads that origination-share board at 64.0% on 214,597 applications. Volume rank is not origination-share rank.
- #6
- Origination-share rank of 52
- 59.5%
- Origination share
- 15,907
- Originated
- 12.6%
- Denial rate
According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among states and territories with 10,000+ applications (the same floor as the national denial board). See /methodology#corpus-placement. Informational reporting, not mortgage advice.
Reported application outcomes
26,740reported applications
CFPB HMDA state filing plate
State SD · South Dakota 12.6% denial
VOL-TRACE · DEN-LIGHT · NEAR-PEER · ORIG-LOW · BOOK-FULL · LEAD-MIX
- VOL-TRACE #46/54
- DEN-LIGHT 12.6%
- NEAR-PEER Minnesota
- ORIG-LOW 59.5%
- BOOK-FULL 311 lenders
- LEAD-MIX 12% top
Photo-finish peer: Minnesota · 12.7% denial (+0.1pp vs South Dakota)
2024 HMDA Snapshot state sheet, volume rank, denial band, origination share, and reporter book. Informational reporting only.
Denial-rate neighbourhood · South Dakota
Poles and nearest peers by statewide HMDA denial rate, not a full state roster.
Nationwide states with similar HMDA denial rate or application volume
Two statewide peer sets for South Dakota: nearest jurisdictions by denial rate and by mortgage applications filed. These are cross-state neighborhoods, distinct from the denial-band chart above.
Similar denial rate
Nearest states by statewide denial rate (12.6% here).
Similar application volume
Nearest states by HMDA applications filed (26,740 here).
Top lenders by originations · South Dakota
Funded loans among HMDA-reporting institutions active in this state.
Where South Dakota sits by application volume
2024 CFPB HMDA states and territories, bucketed by mortgage applications filed
26,740 15th percentile higher than 15% of 54 states and territories
Each bar is a 150,000-applications band. The dashed line and filled bar mark this state. Hover, tap, or focus a bar for its count and population share.
Source CFPB Home Mortgage Disclosure Act Snapshot National Loan-Level Dataset · 2024 reporting year
Top counties by originations · South Dakota
In-state county volume from the same HMDA county board linked below.
How to read this state sheet. South Dakota filed 26,740 HMDA-reported applications in 2024 (#46 of 54 by volume) with a 12.6% denial rate - 4.6pp below the national 17.2% baseline. White applicants (19,364 apps) show 12.4% denial; Joint applicants (483 apps) show 14.3% denial - rates on groups below 100 applications are marked too small to read. This page is informational data reporting, not financial, legal, or mortgage advice.
Nearby Lenders in South Dakota
Top HMDA-reporting lenders active in South Dakota. Compare any two side-by-side for rates, denial rates, and loan mix.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Plains Commerce Bank | 1,903 | 12.0% |
| 2 | First Bank & Trust | 980 | 6.2% |
| 3 | Black Hills Federal Credit Union | 970 | 6.1% |
| 4 | First Premier Bank | 866 | 5.4% |
| 5 | Rocket Mortgage | 602 | 3.8% |
Reported outcomes by applicant race in South Dakota
CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 19,364 | 66.3% | 12.4% |
| Joint | 483 | 63.4% | 14.3% |
| American Indian or Alaska Native | 355 | 50.7% | 25.9% |
| Asian | 344 | 56.1% | 15.1% |
| Black or African American | 341 | 51.3% | 22.6% |
| Native Hawaiian or Other Pacific Islander | 26 | 50.0% | 26.9%sample too small to read |
| 2 or more minority races | 22 | 59.1% | 13.6%sample too small to read |
Every county in South Dakota, by lending volume
County totals sum the filings geocoded to that county, so they reconcile to the state row above rather than to any single lender's book.
| County | Applications | Originated | Denial Rate | Avg Loan |
|---|---|---|---|---|
| Minnehaha County | 7,460 | 4,549 | 11.8% | $263,916 |
| Pennington County | 3,927 | 2,315 | 12.3% | $276,711 |
| Lincoln County | 3,055 | 1,889 | 10.4% | $290,872 |
| Meade County | 1,067 | 593 | 13.6% | $273,285 |
| Lawrence County | 1,022 | 587 | 13.2% | $302,847 |
| Codington County | 840 | 520 | 13.3% | $217,464 |
| Brookings County | 789 | 481 | 11.8% | $244,214 |
| Brown County | 759 | 486 | 12.0% | $233,709 |
| Union County | 600 | 379 | 11.2% | $260,950 |
| Yankton County | 569 | 341 | 12.5% | $234,859 |
| Davison County | 559 | 358 | 9.3% | $213,462 |
| Hughes County | 511 | 274 | 14.5% | $208,190 |
| Clay County | 383 | 210 | 15.1% | $174,556 |
| Butte County | 380 | 199 | 17.1% | $213,342 |
| Custer County | 370 | 205 | 14.3% | $254,919 |
| Lake County | 346 | 210 | 11.8% | $238,006 |
| Turner County | 346 | 190 | 16.8% | $185,780 |
| Beadle County | 332 | 165 | 16.6% | $179,277 |
| Fall River County | 323 | 177 | 16.4% | $184,567 |
| Hamlin County | 226 | 137 | 10.6% | $221,637 |
| McCook County | 203 | 125 | 11.8% | $198,744 |
| Grant County | 183 | 103 | 12.0% | $160,410 |
| Moody County | 167 | 98 | 12.6% | $199,850 |
| Hutchinson County | 157 | 96 | 17.8% | $166,847 |
| Kingsbury County | 156 | 82 | 20.5% | $184,038 |
| Roberts County | 133 | 70 | 15.8% | $148,158 |
| Deuel County | 114 | 69 | 17.5% | $185,351 |
| Bon Homme County | 104 | 50 | 17.3% | $160,192 |
| Walworth County | 100 | 52 | 20.0% | $156,900 |
| Day County | 98 | 69 | 13.3% | $199,694 |
| Stanley County | 92 | 45 | 10.9% | $243,913 |
| Charles Mix County | 87 | 55 | 12.6% | $200,517 |
| Douglas County | 79 | 39 | 21.5% | $162,342 |
| Hanson County | 78 | 45 | 10.3% | $233,846 |
| Gregory County | 78 | 39 | 21.8% | $164,103 |
| Spink County | 69 | 38 | 21.7% | $150,507 |
| Hand County | 69 | 37 | 14.5% | $165,435 |
| Potter County | 63 | 35 | 19.1% | $142,619 |
| Brule County | 62 | 35 | 14.5% | $175,484 |
| Clark County | 59 | 38 | 13.6% | $184,322 |
| Edmunds County | 55 | 34 | 14.6% | $168,818 |
| Miner County | 48 | 35 | 12.5% | $166,667 |
| Aurora County | 46 | 31 | 17.4% | $217,609 |
| Marshall County | 45 | 26 | 17.8% | $166,556 |
| Sully County | 44 | 21 | 9.1% | $205,227 |
| Tripp County | 43 | 22 | 9.3% | $159,651 |
| Lyman County | 38 | 20 | 15.8% | $173,947 |
| Perkins County | 36 | 22 | 22.2% | $131,111 |
| Sanborn County | 33 | 18 | 24.2% | $151,970 |
| Haakon County | 33 | 15 | 18.2% | $161,970 |
| Bennett County | 30 | 11 | 30.0% | $130,667 |
| Jerauld County | 27 | 15 | 18.5% | $137,593 |
| Faulk County | 21 | 16 | 0.0% | $206,429 |
| Hyde County | 19 | 12 | 21.1% | $133,947 |
| Jackson County | 18 | 12 | 11.1% | $95,000 |
| McPherson County | 17 | 8 | 17.6% | $73,824 |
| Dewey County | 17 | 6 | 35.3% | $93,235 |
| Campbell County | 15 | 10 | 13.3% | $89,000 |
| Todd County | 15 | 9 | 26.7% | $295,000 |
| Harding County | 14 | 7 | 7.1% | $161,429 |
| Corson County | 11 | 6 | 18.2% | $151,364 |
| Oglala Lakota County | 10 | 6 | 40.0% | $112,000 |
| Mellette County | 10 | 4 | 10.0% | $104,000 |
| Jones County | 2 | 1 | 50.0% | $155,000 |
| Ziebach County | 1 | 0 | 0.0% | $105,000 |
Metro Areas in South Dakota
Frequently Asked Questions
How many mortgage applications were filed in South Dakota?
Where does South Dakota sit among U.S. states for mortgage volume?
What is the mortgage denial rate in South Dakota?
What is the average mortgage loan amount in South Dakota?
How many mortgage lenders operate in South Dakota?
How do mortgage denial rates vary by demographics in South Dakota?
Which counties in South Dakota have the most mortgage activity?
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.
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 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.