Bankwest, Inc.
HMDA Loan Application Totals
and Mortgage Lending Details
for 2022
Bankwest, Inc. 2022 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Bankwest, Inc. 420 S. Pierre Street, Po Box 998 Pierre, SD 57501 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 |
| Total Number of Mortgage Applications | 1,591 |
| Total Mortgage Loan Application Amount | $254,545,000 |
| Average Mortgage Loan Application Amount | $145,000 |
| Highest Mortgage Loan Application Amount | $15,045,000 |
| Average Applicant Income | $81,000 |
| Highest Applicant Income | $1,744,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2022 with Bankwest, Inc.. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Bankwest, Inc.'s lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2022 breaks down Bankwest, Inc.'s mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Bankwest, Inc. serves its applicants.
Each category highlights the total number of mortgage applications processed by Bankwest, Inc., total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Bankwest, Inc.'s mortgage activity for 2022.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Hughes County South Dakota | 139 | $ 28,155,000 | $ 202,000 | $ 98,000 |
| Pennington County South Dakota | 132 | $ 21,200,000 | $ 160,000 | $ 86,000 |
| Anoka County Minnesota | 82 | $ 6,680,000 | $ 81,000 | $ 60,000 |
| Minnehaha County South Dakota | 69 | $ 25,725,000 | $ 372,000 | $ 59,000 |
| Dakota County Minnesota | 66 | $ 4,830,000 | $ 73,000 | $ 67,000 |
| Davison County South Dakota | 54 | $ 7,200,000 | $ 133,000 | $ 82,000 |
| Washington County Minnesota | 43 | $ 3,025,000 | $ 70,000 | $ 68,000 |
| Lawrence County South Dakota | 42 | $ 6,930,000 | $ 165,000 | $ 104,000 |
| Meade County South Dakota | 42 | $ 9,980,000 | $ 237,000 | $ 81,000 |
| Ramsey County Minnesota | 39 | $ 2,425,000 | $ 62,000 | $ 65,000 |
| Wright County Minnesota | 38 | $ 2,840,000 | $ 74,000 | $ 63,000 |
| Stanley County South Dakota | 29 | $ 5,015,000 | $ 172,000 | $ 180,000 |
| Lincoln County South Dakota | 26 | $ 3,450,000 | $ 132,000 | $ 94,000 |
| Lake County South Dakota | 23 | $ 4,715,000 | $ 205,000 | $ 93,000 |
| Chisago County Minnesota | 19 | $ 1,525,000 | $ 80,000 | $ 60,000 |
| Hennepin County Minnesota | 19 | $ 1,755,000 | $ 92,000 | $ 83,000 |
| Sherburne County Minnesota | 19 | $ 1,325,000 | $ 69,000 | $ 65,000 |
| Sully County South Dakota | 18 | $ 2,660,000 | $ 147,000 | $ 86,000 |
| Williams County North Dakota | 15 | $ 2,585,000 | $ 172,000 | $ 79,000 |
| Hutchinson County South Dakota | 15 | $ 1,795,000 | $ 119,000 | $ 75,000 |
| Tripp County South Dakota | 15 | $ 3,065,000 | $ 204,000 | $ 68,000 |
| Butte County South Dakota | 14 | $ 2,340,000 | $ 167,000 | $ 88,000 |
| Gregory County South Dakota | 14 | $ 2,200,000 | $ 157,000 | $ 87,000 |
| Walworth County South Dakota | 14 | $ 1,630,000 | $ 116,000 | $ 91,000 |
| Aurora County South Dakota | 13 | $ 1,935,000 | $ 148,000 | $ 74,000 |
| Fall River County South Dakota | 13 | $ 2,315,000 | $ 178,000 | $ 88,000 |
| Custer County South Dakota | 11 | $ 1,985,000 | $ 180,000 | $ 68,000 |
| Lyman County South Dakota | 11 | $ 1,985,000 | $ 180,000 | $ 90,000 |
| Crow Wing County Minnesota | 10 | $ 1,970,000 | $ 197,000 | $ 148,000 |
| Douglas County South Dakota | 10 | $ 1,400,000 | $ 140,000 | $ 57,000 |
| St. Louis County Minnesota | 9 | $ 645,000 | $ 71,000 | $ 53,000 |
| Yankton County South Dakota | 8 | $ 560,000 | $ 70,000 | $ 56,000 |
| Goodhue County Minnesota | 7 | $ 685,000 | $ 97,000 | $ 87,000 |
| Scott County Minnesota | 7 | $ 335,000 | $ 47,000 | $ 66,000 |
| Beadle County South Dakota | 7 | $ 1,455,000 | $ 207,000 | $ 115,000 |
| Charles Mix County South Dakota | 7 | $ 915,000 | $ 130,000 | $ 115,000 |
| Hanson County South Dakota | 7 | $ 1,135,000 | $ 162,000 | $ 61,000 |
| Mellette County South Dakota | 7 | $ 985,000 | $ 140,000 | $ 88,000 |
| Brookings County South Dakota | 6 | $ 1,040,000 | $ 173,000 | $ 77,000 |
| Brule County South Dakota | 6 | $ 1,740,000 | $ 290,000 | $ 128,000 |
| Jackson County South Dakota | 6 | $ 690,000 | $ 115,000 | $ 113,000 |
| Cedar County Iowa | 5 | $ 195,000 | $ 39,000 | $ 45,000 |
| Warren County Iowa | 5 | $ 355,000 | $ 71,000 | $ 78,000 |
| Isanti County Minnesota | 5 | $ 465,000 | $ 93,000 | $ 62,000 |
| Lewis and Clark County Montana | 5 | $ 515,000 | $ 103,000 | $ 286,000 |
| Cass County North Dakota | 5 | $ 205,000 | $ 41,000 | $ 69,000 |
| Stark County North Dakota | 5 | $ 645,000 | $ 129,000 | $ 91,000 |
| Bon Homme County South Dakota | 5 | $ 625,000 | $ 125,000 | $ 61,000 |
| Brown County South Dakota | 5 | $ 525,000 | $ 105,000 | $ 99,000 |
| Codington County South Dakota | 5 | $ 405,000 | $ 81,000 | $ 78,000 |
| Hand County South Dakota | 5 | $ 1,215,000 | $ 243,000 | $ 125,000 |
| McCook County South Dakota | 5 | $ 795,000 | $ 159,000 | $ 76,000 |
| Turner County South Dakota | 5 | $ 875,000 | $ 175,000 | $ 99,000 |
| Kanabec County Minnesota | 4 | $ 250,000 | $ 62,000 | $ 58,000 |
| Nicollet County Minnesota | 4 | $ 260,000 | $ 65,000 | $ 84,000 |
| Yellowstone County Montana | 4 | $ 790,000 | $ 197,000 | $ 92,000 |
| Rolette County North Dakota | 4 | $ 620,000 | $ 155,000 | $ 86,000 |
| Clay County South Dakota | 4 | $ 230,000 | $ 57,000 | $ 148,000 |
| Dewey County South Dakota | 4 | $ 390,000 | $ 97,000 | $ 44,000 |
| Miner County South Dakota | 4 | $ 1,200,000 | $ 300,000 | $ 0 |
| Story County Iowa | 3 | $ 105,000 | $ 35,000 | $ 104,000 |
| Woodbury County Iowa | 3 | $ 215,000 | $ 71,000 | $ 88,000 |
| Blue Earth County Minnesota | 3 | $ 125,000 | $ 41,000 | $ 50,000 |
| Carver County Minnesota | 3 | $ 135,000 | $ 45,000 | $ 60,000 |
| Gallatin County Montana | 3 | $ 325,000 | $ 108,000 | $ 320,000 |
| Dakota County Nebraska | 3 | $ 295,000 | $ 98,000 | $ 52,000 |
| McKenzie County North Dakota | 3 | $ 635,000 | $ 211,000 | $ 95,000 |
| Day County South Dakota | 3 | $ 285,000 | $ 95,000 | $ 32,000 |
| Haakon County South Dakota | 3 | $ 375,000 | $ 125,000 | $ 38,000 |
| Hyde County South Dakota | 3 | $ 475,000 | $ 158,000 | $ 100,000 |
| Moody County South Dakota | 3 | $ 685,000 | $ 228,000 | $ 92,000 |
| Park County Wyoming | 3 | $ 575,000 | $ 191,000 | $ 141,000 |
| Sweetwater County Wyoming | 3 | $ 305,000 | $ 101,000 | $ 49,000 |
| Pinal County Arizona | 2 | $ 590,000 | $ 295,000 | $ 161,000 |
| Carlton County Minnesota | 2 | $ 270,000 | $ 135,000 | $ 50,000 |
| Morrison County Minnesota | 2 | $ 470,000 | $ 235,000 | $ 71,000 |
| Stearns County Minnesota | 2 | $ 120,000 | $ 60,000 | $ 63,000 |
| Carbon County Montana | 2 | $ 200,000 | $ 100,000 | $ 36,000 |
| Deer Lodge County Montana | 2 | $ 290,000 | $ 145,000 | $ 71,000 |
| Hill County Montana | 2 | $ 420,000 | $ 210,000 | $ 124,000 |
| Buffalo County Nebraska | 2 | $ 70,000 | $ 35,000 | $ 112,000 |
| Burleigh County North Dakota | 2 | $ 110,000 | $ 55,000 | $ 66,000 |
| Dunn County North Dakota | 2 | $ 320,000 | $ 160,000 | $ 91,000 |
| McHenry County North Dakota | 2 | $ 300,000 | $ 150,000 | $ 80,000 |
| Mountrail County North Dakota | 2 | $ 290,000 | $ 145,000 | $ 77,000 |
| Ransom County North Dakota | 2 | $ 350,000 | $ 175,000 | $ 88,000 |
| Bennett County South Dakota | 2 | $ 210,000 | $ 105,000 | $ 73,000 |
| Edmunds County South Dakota | 2 | $ 420,000 | $ 210,000 | $ 68,000 |
| Hamlin County South Dakota | 2 | $ 460,000 | $ 230,000 | $ 74,000 |
| Jerauld County South Dakota | 2 | $ 80,000 | $ 40,000 | $ 18,000 |
| Spink County South Dakota | 2 | $ 490,000 | $ 245,000 | $ 107,000 |
| Todd County South Dakota | 2 | $ 90,000 | $ 45,000 | $ 28,000 |
| Union County South Dakota | 2 | $ 60,000 | $ 30,000 | $ 69,000 |
| Ziebach County South Dakota | 2 | $ 220,000 | $ 110,000 | $ 105,000 |
| Weston County Wyoming | 2 | $ 760,000 | $ 380,000 | $ 221,000 |
| Maricopa County Arizona | 1 | $ 245,000 | $ 245,000 | $ 95,000 |
| Montrose County Colorado | 1 | $ 405,000 | $ 405,000 | $ 130,000 |
| Black Hawk County Iowa | 1 | $ 95,000 | $ 95,000 | $ 50,000 |
| Dallas County Iowa | 1 | $ 15,045,000 | $ 15,045,000 | $ 0 |
| Dickinson County Iowa | 1 | $ 275,000 | $ 275,000 | $ 117,000 |
| Mahaska County Iowa | 1 | $ 55,000 | $ 55,000 | $ 76,000 |
| Benton County Minnesota | 1 | $ 55,000 | $ 55,000 | $ 47,000 |
| Kandiyohi County Minnesota | 1 | $ 35,000 | $ 35,000 | $ 82,000 |
| Le Sueur County Minnesota | 1 | $ 25,000 | $ 25,000 | $ 56,000 |
| McLeod County Minnesota | 1 | $ 25,000 | $ 25,000 | $ 42,000 |
| Steele County Minnesota | 1 | $ 115,000 | $ 115,000 | $ 92,000 |
| Fallon County Montana | 1 | $ 245,000 | $ 245,000 | $ 82,000 |
| Fergus County Montana | 1 | $ 125,000 | $ 125,000 | $ 142,000 |
| Flathead County Montana | 1 | $ 35,000 | $ 35,000 | $ 32,000 |
| Garfield County Montana | 1 | $ 165,000 | $ 165,000 | $ 103,000 |
| Lincoln County Montana | 1 | $ 265,000 | $ 265,000 | $ 116,000 |
| Madison County Montana | 1 | $ 275,000 | $ 275,000 | $ 125,000 |
| McCone County Montana | 1 | $ 35,000 | $ 35,000 | $ 44,000 |
| Missoula County Montana | 1 | $ 165,000 | $ 165,000 | $ 81,000 |
| Musselshell County Montana | 1 | $ 155,000 | $ 155,000 | $ 64,000 |
| Park County Montana | 1 | $ 205,000 | $ 205,000 | $ 52,000 |
| Roosevelt County Montana | 1 | $ 235,000 | $ 235,000 | $ 52,000 |
| Box Butte County Nebraska | 1 | $ 145,000 | $ 145,000 | $ 146,000 |
| Brown County Nebraska | 1 | $ 215,000 | $ 215,000 | $ 187,000 |
| Dawes County Nebraska | 1 | $ 105,000 | $ 105,000 | $ 219,000 |
| Douglas County Nebraska | 1 | $ 65,000 | $ 65,000 | $ 30,000 |
| Franklin County Nebraska | 1 | $ 185,000 | $ 185,000 | $ 71,000 |
| Holt County Nebraska | 1 | $ 195,000 | $ 195,000 | $ 98,000 |
| Hooker County Nebraska | 1 | $ 125,000 | $ 125,000 | $ 52,000 |
| Keith County Nebraska | 1 | $ 75,000 | $ 75,000 | $ 120,000 |
| Keya Paha County Nebraska | 1 | $ 205,000 | $ 205,000 | $ 97,000 |
| Knox County Nebraska | 1 | $ 75,000 | $ 75,000 | $ 37,000 |
| Madison County Nebraska | 1 | $ 205,000 | $ 205,000 | $ 79,000 |
| Red Willow County Nebraska | 1 | $ 295,000 | $ 295,000 | $ 99,000 |
| Rock County Nebraska | 1 | $ 45,000 | $ 45,000 | $ 374,000 |
| Adams County North Dakota | 1 | $ 185,000 | $ 185,000 | $ 129,000 |
| Billings County North Dakota | 1 | $ 85,000 | $ 85,000 | $ 118,000 |
| Bottineau County North Dakota | 1 | $ 25,000 | $ 25,000 | $ 39,000 |
| Bowman County North Dakota | 1 | $ 145,000 | $ 145,000 | $ 68,000 |
| Emmons County North Dakota | 1 | $ 45,000 | $ 45,000 | $ 62,000 |
| Mercer County North Dakota | 1 | $ 35,000 | $ 35,000 | $ 35,000 |
| Renville County North Dakota | 1 | $ 255,000 | $ 255,000 | $ 110,000 |
| Stutsman County North Dakota | 1 | $ 215,000 | $ 215,000 | $ 174,000 |
| Ward County North Dakota | 1 | $ 105,000 | $ 105,000 | $ 55,000 |
| Clark County South Dakota | 1 | $ 65,000 | $ 65,000 | $ 0 |
| Harding County South Dakota | 1 | $ 255,000 | $ 255,000 | $ 130,000 |
| Jones County South Dakota | 1 | $ 105,000 | $ 105,000 | $ 40,000 |
| Kingsbury County South Dakota | 1 | $ 85,000 | $ 85,000 | $ 63,000 |
| Marshall County South Dakota | 1 | $ 85,000 | $ 85,000 | $ 63,000 |
| McPherson County South Dakota | 1 | $ 35,000 | $ 35,000 | $ 36,000 |
| Perkins County South Dakota | 1 | $ 75,000 | $ 75,000 | $ 61,000 |
| Potter County South Dakota | 1 | $ 55,000 | $ 55,000 | $ 162,000 |
| Oneida County Wisconsin | 1 | $ 365,000 | $ 365,000 | $ 140,000 |
| Campbell County Wyoming | 1 | $ 145,000 | $ 145,000 | $ 128,000 |
| Converse County Wyoming | 1 | $ 145,000 | $ 145,000 | $ 69,000 |
| Fremont County Wyoming | 1 | $ 185,000 | $ 185,000 | $ 68,000 |
| Laramie County Wyoming | 1 | $ 225,000 | $ 225,000 | $ 201,000 |
| Platte County Wyoming | 1 | $ 325,000 | $ 325,000 | $ 58,000 |
Mortgage Loan Application Detail Totals for Bankwest, Inc. 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 | 1,316 | $210,540,000 | $159,000 | $15,045,000 | $82,000 | $1,744,000 |
| Cash-out Refinancing | 118 | $18,020,000 | $152,000 | $645,000 | $81,000 | $240,000 |
| Refinancing | 71 | $20,715,000 | $291,000 | $9,105,000 | $79,000 | $374,000 |
| Home Improvement | 61 | $3,675,000 | $60,000 | $535,000 | $76,000 | $230,000 |
| Other Purpose | 25 | $1,595,000 | $63,000 | $315,000 | $87,000 | $168,000 |
| 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 | 1,213 | $165,095,000 | $136,000 | $1,185,000 | $82,000 | $1,744,000 |
| Hispanic | 109 | $8,755,000 | $80,000 | $475,000 | $61,000 | $235,000 |
| Not Provided | 102 | $13,280,000 | $130,000 | $515,000 | $99,000 | $887,000 |
| American Indian or Alaskan Native | 60 | $7,300,000 | $121,000 | $385,000 | $88,000 | $401,000 |
| Not applicable | 41 | $54,695,000 | $1,334,000 | $15,045,000 | $0 | $0 |
| Asian | 34 | $2,820,000 | $82,000 | $145,000 | $64,000 | $135,000 |
| Black or African American | 27 | $1,765,000 | $65,000 | $245,000 | $58,000 | $117,000 |
| 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) | 1,470 | $226,700,000 | $154,000 | $15,045,000 | $81,000 | $1,744,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 52 | $9,150,000 | $175,000 | $375,000 | $65,000 | $127,000 |
| VA-guaranteed (Veterans Administration) | 43 | $12,565,000 | $292,000 | $625,000 | $94,000 | $286,000 |
| FHA-insured (Federal Housing Administration) | 26 | $6,130,000 | $235,000 | $405,000 | $91,000 | $181,000 |
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 | 735 | $149,965,000 | $204,000 | $15,045,000 | $91,000 | $1,744,000 |
| Application Denied By Financial Institution | 571 | $53,005,000 | $92,000 | $525,000 | $63,000 | $638,000 |
| Application Withdrawn By Applicant | 175 | $39,655,000 | $226,000 | $11,175,000 | $101,000 | $1,060,000 |
| File Closed For Incompleteness | 107 | $11,285,000 | $105,000 | $1,185,000 | $85,000 | $887,000 |
| Application Approved But Not Accepted | 3 | $635,000 | $211,000 | $355,000 | $146,000 | $240,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 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 | 1,020 | $201,540,000 | $197,000 | $15,045,000 | $92,000 | $1,744,000 |
| Debt-To-Income Ratio | 302 | $29,650,000 | $98,000 | $365,000 | $49,000 | $347,000 |
| Credit History | 198 | $17,190,000 | $86,000 | $525,000 | $77,000 | $638,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 44 | $3,830,000 | $87,000 | $285,000 | $99,000 | $320,000 |
| Collateral | 18 | $1,620,000 | $90,000 | $305,000 | $61,000 | $116,000 |
| Unverifiable Information | 5 | $415,000 | $83,000 | $175,000 | $43,000 | $125,000 |
| Other | 3 | $255,000 | $85,000 | $145,000 | $84,000 | $148,000 |
| Employment History | 1 | $45,000 | $45,000 | $45,000 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Bankwest, Inc.'s 2022 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Bankwest, Inc.'s mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in South Dakota, download the full spreadsheet
with aggregated HMDA statistics today.