Security National Bank of Sd Mortgage Lending & HMDA Data, 2024
In 2024, Security National Bank of Sd of Dakota Dunes, SD reported 84 mortgage applications totaling $32.9 million, up 56% from 2023. The average application was for $392,142, and applicants reported an average income of $343,421. 38% of its applications resulted in an originated loan and 21% were denied. Its largest markets were Sioux Falls, SD (57), Sioux City, IA-NE-SD (9) and North Port-Sarasota-Bradenton, FL (1) (applications in parentheses).
| Mortgage Company & Address | Security National Bank of Sd 325 Dakota Dunes Blvd Dakota Dunes, SD 57049 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 |
| Total Number of Mortgage Applications | 84 |
| Total Mortgage Loan Application Amount | $32,940,000 |
| Average Mortgage Loan Application Amount | $392,142 |
| Highest Mortgage Loan Application Amount | $5,685,000 |
| Average Applicant Income | $343,421 |
| Highest Applicant Income | $9,210,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Security National Bank of Sd filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Sioux Falls, SD | 57 | $ 22,475,000 | $ 394,298 | $ 202,000 |
| Outside any metro area | 16 | $ 7,070,000 | $ 441,875 | $ 206,625 |
| Sioux City, IA-NE-SD | 9 | $ 1,405,000 | $ 156,111 | $ 1,161,000 |
| North Port-Sarasota-Bradenton, FL | 1 | $ 1,485,000 | $ 1,485,000 | $ 700,000 |
| St. Petersburg-Clearwater-Largo, FL | 1 | $ 505,000 | $ 505,000 | $ 182,000 |
Mortgage Loan Application Detail Totals for Security National Bank of Sd in 2024
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 | 52 | $19,350,000 | $372,000 | $2,585,000 | $224,000 | $1,916,000 |
| Refinancing | 19 | $4,635,000 | $243,000 | $955,000 | $155,000 | $604,000 |
| Other Purpose | 9 | $8,635,000 | $959,000 | $5,685,000 | $1,494,000 | $9,210,000 |
| Home Improvement | 3 | $205,000 | $68,000 | $105,000 | $155,000 | $240,000 |
| Cash-out Refinancing | 1 | $115,000 | $115,000 | $115,000 | $0 | $0 |
| 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 | 70 | $23,290,000 | $332,000 | $2,585,000 | $336,000 | $9,210,000 |
| Not applicable | 5 | $6,135,000 | $1,227,000 | $5,685,000 | $0 | $0 |
| Not Provided | 4 | $1,800,000 | $450,000 | $545,000 | $194,000 | $350,000 |
| Asian | 3 | $755,000 | $251,000 | $445,000 | $144,000 | $288,000 |
| Black or African American | 1 | $815,000 | $815,000 | $815,000 | $319,000 | $319,000 |
| American Indian or Alaskan Native | 1 | $145,000 | $145,000 | $145,000 | $61,000 | $61,000 |
| Hispanic | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 80 | $31,980,000 | $399,000 | $5,685,000 | $330,000 | $9,210,000 |
| VA-guaranteed (Veterans Administration) | 4 | $960,000 | $240,000 | $365,000 | $90,000 | $122,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|---|---|
| Application Withdrawn By Applicant | 34 | $10,750,000 | $316,000 | $1,485,000 | $199,000 | $1,916,000 |
| Loan Originated | 32 | $18,400,000 | $575,000 | $5,685,000 | $607,000 | $9,210,000 |
| Application Denied By Financial Institution | 18 | $3,790,000 | $210,000 | $505,000 | $110,000 | $523,000 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 66 | $29,150,000 | $441,000 | $5,685,000 | $380,000 | $9,210,000 |
| Credit History | 8 | $1,210,000 | $151,000 | $365,000 | $67,000 | $121,000 |
| Debt-To-Income Ratio | 5 | $1,345,000 | $269,000 | $505,000 | $91,000 | $182,000 |
| Other | 3 | $525,000 | $175,000 | $185,000 | $298,000 | $523,000 |
| Collateral | 2 | $710,000 | $355,000 | $355,000 | $45,000 | $60,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Security National Bank of Sd's 2024 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 Security National Bank of Sd'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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About