Brookings County, SD Mortgage Lenders & HMDA Data, 2022

In 2022, lenders reported 812 mortgage applications in Brookings County, SD totaling $187.8 million, down 45% from 2021. The average application was for $231,000, and applicants reported an average income of $117,000. 67% of applications resulted in an originated loan and 8% were denied. The most active lender was First Bank & Trust, with 293 applications, followed by Fairway Independent Mort Corp and Plains Commerce Bank.

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Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 812
Total Mortgage Loan Application Amount $187,770,000
Average Mortgage Loan Application Amount $231,000
Highest Mortgage Loan Application Amount $14,445,000
Average Applicant Income $117,000
Highest Applicant Income $1,580,000

Mortgage Company List for Lending in Brookings County, SD for 2022

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
First Bank & Trust
520 6TH STREET
BROOKINGS, SD 57006
* $ 4,059,403,000 293 $ 55,925,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 61 $ 14,155,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 1,046,473,000 42 $ 9,840,000
First Interstate Bank
PO BOX 30918
BILLINGS, MT 59101
* $ 19,608,230,000 34 $ 6,340,000
Dacotah Bank
308 S MAIN STREET, PO BOX 1210
ABERDEEN, SD 57401
* $ 3,383,892,000 28 $ 5,620,000
Central Bank
600 LAKE AVENUE
STORM LAKE, IA 50588
* $ 1,731,908,000 25 $ 4,275,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,779,504,000,000 23 $ 4,915,000
First Premier Bank
400 S SYCAMORE AVE, SUITE 101
SIOUX FALLS, SD 57104
* $ 2,889,083,000 20 $ 4,640,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 528,514,000,000 15 $ 4,545,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 15 $ 4,065,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 564,154,604,000 13 $ 3,215,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 13 $ 3,545,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 188,069,637,000 9 $ 2,705,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 8 $ 1,720,000
First Dakota National Bak
225 CEDAR ST
YANKTON, SD 57078
* $ 2,449,188,000 6 $ 1,880,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 6 $ 330,000
Bankwest, Inc.
420 S. PIERRE STREET, PO BOX 998
PIERRE, SD 57501
* $ 1,502,665,000 6 $ 1,040,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 6 $ 900,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 6 $ 980,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 262,541,000 5 $ 1,185,000
Reliabank Dakota
211 N MAIN ST
ESTELLINE, SD 57234
* $ 735,374,000 5 $ 1,615,000
First International Bank & Trust
1600 S BDWAY
MINOT, ND 58701
* $ 4,710,410,000 5 $ 14,975,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 5 $ 1,105,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 4 $ 1,090,000
Black Hills Federal Credit Union
PO BOX 1420-225 MAIN ST
RAPID CITY, SD 57702
* $ 1,952,365,000 4 $ 970,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 4 $ 850,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 4 $ 940,000
American Bank & Trust
120 E MAIN STREET
SIOUX FALLS, SD 57108
* $ 1,319,953,000 4 $ 1,240,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 4 $ 1,190,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 108,342,526,000 3 $ 175,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,306,982,000,000 3 $ 1,055,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,519,525,000,000 3 $ 425,000
The First National Bank in Sioux Falls
100 S. PHILLIPS AVENUE
SIOUX FALLS, SD 57104
* $ 1,760,455,000 3 $ 1,055,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 3 $ 635,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 3 $ 1,135,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 153,432,983,000 3 $ 835,000
CU Mortgage Direct, LLC
5010 S. SOLBERG AVENUE
SIOUX FALLS, SD 57108
* $ -1,000 3 $ 495,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 3 $ 715,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 3 $ 915,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 3 $ 885,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 3 $ 535,000
Novation Credit Union
500 IMPERIAL AVE
OAKDALE, MN 55128
* $ 218,712,000 2 $ 130,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 2 $ 530,000
Great Western Bank
225 S MAIN AVE
SIOUX FALLS, SD 57104
* $ 13,339,325,000 2 $ 300,000
First National Bank
125 WEST SIOUX AVE
PIERRE, SD 57501
* $ 1,668,615,000 2 $ 270,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 2 $ 330,000
Frontier Bank
17002 MARCY ST, STE 120
OMAHA, NE 68154
* $ 1,106,372,000 2 $ 280,000
Arvest Bank

TULSA, OK 74103
* $ 26,774,219,000 2 $ 470,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 1,879,005,000 2 $ 600,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 2 $ 470,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 870,500,000 2 $ 380,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 2 $ 230,000
Heritage Bank NA
100 SOUTH STREET W
SPICER, MN 56288
* $ 467,757,000 2 $ 820,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 2 $ 610,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 2 $ 450,000
Liberty Home Mortgage Corp
4401 ROCKSIDE RD 310
INDEPENDENCE, OH 44131
* $ -1,000 2 $ 230,000
Southpoint Financial Credit Union
924 MAIN STREET E
SLEEPY EYE, MN 56085
* $ 508,641,000 2 $ 420,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 2 $ 460,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 2 $ 370,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 2 $ 350,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 2 $ 730,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 2 $ 810,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,177,145,000 2 $ 830,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 2 $ 540,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 348,453,000 1 $ 125,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 796,563,000 1 $ 275,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 1 $ 285,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 1 $ 25,000
Rbc Bank (Georgia), N.A.

RALEIGH, NC 27607
* $ 6,018,212,000 1 $ 355,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 1 $ 215,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 547,610,000 1 $ 235,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 1 $ 455,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 1 $ 45,000
Ally Bank

CHARLOTTE, NC 28202
* $ 172,820,000,000 1 $ 215,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 215,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ -1,000 1 $ 195,000
Bluestone Federal Credit Union
5010 S SOLBERG AVE
SIOUX FALLS, SD 57109
* $ 177,429,000 1 $ 95,000
Stifel Bank & Trust
501 NORTH BROADWAY
ST. LOUIS, MO 63102
* $ 18,959,414,000 1 $ 135,000
Service First Federal Credit Union
3901 E 10TH STREET
SIOUX FALLS, SD 57103
* $ 217,942,000 1 $ 155,000
Bank Midwest
1525 18TH STREET SUITE 100
SPIRIT LAKE, IA 51360
* $ 1,234,147,000 1 $ 195,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 1 $ 195,000
Minnwest Bank
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ 2,704,195,000 1 $ 105,000
Arizona Financial Credit Union
333 N 44TH ST
PHOENIX, AZ 85082
* $ 2,779,936,000 1 $ 175,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 165,000
Border Bank
4530 17TH AVENUE SOUTH
FARGO, ND 58103
* $ 109,857,000 1 $ 225,000
Hometown Bank
1600 MONROE DRIVE
CARVER, MN 55315
* $ 523,774,000 1 $ 235,000
American State Bank
525 N MAIN AVE, PO BOX 140
SIOUX CENTER, IA 51250
* $ 1,189,079,000 1 $ 185,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ -1,000 1 $ 165,000
Gate City Bank
500 2ND AVE N
FARGO, ND 58102
* $ 3,168,170,000 1 $ 425,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 1 $ 195,000
Agcountry Farm Credit Services, Flca
1900 44TH ST S - PO BOX 6020
FARGO, ND 58108
* $ -1,000 1 $ 645,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 5,072,223,000 1 $ 105,000
Cortrust Mortgage, Inc.
2101 S MINNESOTA AVENUE
SIOUX FALLS, SD 57105
* $ -1,000 1 $ 185,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,671,091,000 1 $ 55,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 1 $ 295,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,655,190,000 1 $ 95,000
Cortrust Bank
100 EAST HAVENS
MITCHELL, SD 57301
* $ 1,566,307,000 1 $ 55,000
Guaranty Home Mortgage Corporation
316 ROBERT ROSE DRIVE
NASHVILLE, TN 37129
* $ -1,000 1 $ 215,000
Levo Federal Credit Union
700 E 14TH STREET
SIOUX FALLS, SD 57106
* $ 434,021,000 1 $ 35,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 1 $ 285,000
Security National Bank of Sd
325 DAKOTA DUNES BLVD
DAKOTA DUNES, SD 57049
* $ 248,058,000 1 $ 215,000

The tables below break down 2022 mortgage applications in Brookings County, SD by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Brookings County, SD in 2022

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 478 $137,340,000 $287,000 $14,445,000 $113,000 $1,514,000
Refinancing 106 $18,520,000 $174,000 $1,735,000 $140,000 $1,580,000
Cash-out Refinancing 101 $22,795,000 $225,000 $645,000 $109,000 $526,000
Home Improvement 73 $4,525,000 $61,000 $205,000 $132,000 $778,000
Other Purpose 54 $4,590,000 $85,000 $535,000 $114,000 $256,000
Not Applicable 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 610 $125,620,000 $205,000 $1,075,000 $120,000 $1,580,000
Not applicable 89 $38,735,000 $435,000 $14,445,000 $104,000 $239,000
Not Provided 83 $17,415,000 $209,000 $715,000 $109,000 $583,000
Hispanic 13 $2,165,000 $166,000 $405,000 $99,000 $254,000
Asian 7 $2,065,000 $295,000 $455,000 $125,000 $190,000
Black or African American 3 $625,000 $208,000 $285,000 $61,000 $80,000
American Indian or Alaskan Native 3 $275,000 $91,000 $225,000 $89,000 $129,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 677 $154,845,000 $228,000 $14,445,000 $123,000 $1,580,000
FHA-insured (Federal Housing Administration) 63 $14,355,000 $227,000 $415,000 $82,000 $264,000
VA-guaranteed (Veterans Administration) 50 $13,720,000 $274,000 $685,000 $95,000 $284,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 22 $4,850,000 $220,000 $405,000 $65,000 $93,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 540 $128,540,000 $238,000 $14,445,000 $123,000 $1,580,000
Application Withdrawn By Applicant 103 $22,995,000 $223,000 $575,000 $113,000 $895,000
Loan Purchased By The Institution 76 $21,780,000 $286,000 $685,000 $119,000 $239,000
Application Denied By Financial Institution 64 $9,570,000 $149,000 $705,000 $83,000 $778,000
File Closed For Incompleteness 15 $2,205,000 $147,000 $265,000 $101,000 $271,000
Application Approved But Not Accepted 13 $2,455,000 $188,000 $305,000 $133,000 $420,000
Preapproval Denied by Financial Institution 1 $225,000 $225,000 $225,000 $53,000 $53,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 743 $177,305,000 $238,000 $14,445,000 $121,000 $1,580,000
Debt-To-Income Ratio 30 $5,740,000 $191,000 $705,000 $64,000 $178,000
Credit History 18 $1,910,000 $106,000 $285,000 $93,000 $262,000
Collateral 11 $1,505,000 $136,000 $305,000 $57,000 $118,000
Other 5 $775,000 $155,000 $215,000 $67,000 $85,000
Unverifiable Information 2 $230,000 $115,000 $155,000 $432,000 $778,000
Credit Application Incomplete 1 $45,000 $45,000 $45,000 $0 $0
Employment History 1 $35,000 $35,000 $35,000 $146,000 $146,000
Insufficient Cash (Downpayment, Closing Cost) 1 $225,000 $225,000 $225,000 $53,000 $53,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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