Mortgage Lenders and Brokers in Brookings, South Dakota
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Brookings, South Dakota mortgage lenders include First Bank & TrustFirst Bank & Trust2233 6th St, Brookings, SD 57006A+5.0 ★Texas Ratio: 3.79%, Central BankCentral Bank600 Main Ave, Brookings, SD 57006A+5.0 ★Texas Ratio: 2.72%, Wells Fargo Bank NAWells Fargo Bank NA527 Main Ave, Brookings, SD 57006A+5.0 ★Texas Ratio: 5.36%, Dacotah BankDacotah Bank1441 6th St, Brookings, SD 57006A5.0 ★Texas Ratio: 12.58%, First Interstate BankFirst Interstate Bank1302 6th St, Brookings, SD 57006A+5.0 ★Texas Ratio: 4.72%, Plains Commerce BankPlains Commerce Bank524 S Dakota St, Aberdeen, SD 57401A5.0 ★Texas Ratio: 9.09%, Bankwest, Inc.Bankwest, Inc.703 Main Ave, Armour, SD 57313C+4.1 ★Texas Ratio: 26.29%, First Premier BankFirst Premier BankSecond And Main, Castlewood, SD 57223A+5.0 ★Texas Ratio: 0.42%, First Dakota National BakFirst Dakota National Bak1208 West Cedar St, Beresford, SD 57004A+5.0 ★Texas Ratio: 4.05%, and JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA1808 S Sycamore Ave, Sioux Falls, SD 57110A+5.0 ★Texas Ratio: 3.68%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.
Lenders are ranked only by the number of home loans they closed in Brookings, South Dakota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Brookings are listed first, then lenders elsewhere in South Dakota, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.
Mortgage Lenders and Brokers in Brookings, South Dakota
Market share is the lender's share of all home loans closed in Brookings, South Dakota. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.
| Lender | Programs | Loans closed | Market share | Approval share | Average loan | View |
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3 offices in Brookings 2233 6th St, Brookings, SD 57006 A+5.0 ★Texas Ratio: 3.79% |
Conventional, FHA, VA, USDA, Jumbo, HELOC | 119 +46 HELOCs |
40.6% | 90.2% | $238,529 | View |
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1 office in Brookings 600 Main Ave, Brookings, SD 57006 A+5.0 ★Texas Ratio: 2.72% |
Conventional, FHA, HELOC | 10 +1 HELOCs |
3.4% | 100% | $291,000 | View |
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1 office in Brookings 527 Main Ave, Brookings, SD 57006 A+5.0 ★Texas Ratio: 5.36% |
Conventional, VA | 6 | 2% | 100% | $241,666 | View |
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1 office in Brookings 1441 6th St, Brookings, SD 57006 A5.0 ★Texas Ratio: 12.58% |
Conventional | 3 | 1% | 75% | $241,666 | View |
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★ 1 stars, 1 review 1 office in Brookings 1302 6th St, Brookings, SD 57006 A+5.0 ★Texas Ratio: 4.72% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
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524 S Dakota St, Aberdeen, SD 57401 A5.0 ★Texas Ratio: 9.09% |
Conventional, FHA, VA, Jumbo | 12 | 4.1% | 100% | $395,833 | View |
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703 Main Ave, Armour, SD 57313 C+4.1 ★Texas Ratio: 26.29% |
Conventional, FHA | 7 | 2.4% | 87.5% | $163,571 | View |
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Second And Main, Castlewood, SD 57223 A+5.0 ★Texas Ratio: 0.42% |
Conventional, FHA, VA, HELOC | 5 +1 HELOCs |
1.7% | 83.3% | $379,000 | View |
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1208 West Cedar St, Beresford, SD 57004 A+5.0 ★Texas Ratio: 4.05% |
Conventional | 4 | 1.4% | 100% | $342,500 | View |
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1808 S Sycamore Ave, Sioux Falls, SD 57110 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 3 | 1% | 100% | $238,333 | View |
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700 E 14th St, Sioux Falls, SD 57104 5144 A5.0 ★Texas Ratio: 7.61% |
Conventional | 3 | 1% | 100% | $308,333 | |
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320 6th Ave Se, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 3.70% |
Conventional | 2 | 0.7% | 66.7% | $170,000 | View |
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2016 6th Ave Se, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 5.11% |
Conventional | 2 | 0.7% | 100% | $180,000 | View |
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201 N 3rd St, Beresford, SD 57004 A+5.0 ★Texas Ratio: 3.36% |
Conventional | 2 | 0.7% | 100% | $165,000 | View |
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202 St Olaf Ave, Baltic, SD 57003 A+5.0 ★Texas Ratio: 3.28% |
Conventional | 2 | 0.7% | 100% | $285,000 | View |
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320 S 1st St, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 2.85% |
Conventional | 1 | 0.3% | 100% | $135,000 | View |
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200 E 4th St, Colton, SD 57018 A+5.0 ★Texas Ratio: 2.16% |
Conventional | 1 | 0.3% | 100% | $365,000 | View |
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307 E Hustan Ave, Fort Pierre, SD 57532 A+5.0 ★Texas Ratio: 2.40% |
Conventional | 1 | 0.3% | 100% | $185,000 | View |
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79 2nd St Sw, Huron, SD 57350 A+5.0 ★Texas Ratio: 4.82% |
Conventional | 1 | 0.3% | 100% | $195,000 | View |
Guaranteed Rate, Inc.
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Conventional, FHA, VA, Jumbo | 28 | 9.6% | 100% | $362,142 | |
Rocket Mortgage
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Conventional, FHA, VA | 11 | 3.8% | 85.7% | $218,636 | |
Mortgage Research Center
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FHA, VA | 7 | 2.4% | 100% | $372,142 | |
Freedom Mortgage Corporation
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FHA, VA | 5 | 1.7% | 100% | $239,000 | |
Cardinal Financial Company, Li
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Conventional | 5 | 1.7% | 100% | $331,000 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 4 | 1.4% | 100% | $352,500 | |
Navy Federal Credit Union
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Conventional, VA | 4 | 1.4% | 100% | $252,500 | |
Amerisave Mortgage Company
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Conventional, VA | 3 | 1% | 42.9% | $91,666 | |
Fairway Independent Mort Corp
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Conventional, FHA, USDA | 3 | 1% | 75% | $228,333 | |
Lakeview Loan Servicing, LLC
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Conventional, VA | 2 | 0.7% | 66.7% | $230,000 | |
Newrez LLC
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Conventional, VA | 2 | 0.7% | 100% | $390,000 | |
CrossCountry Mortgage, LLC
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Conventional | 2 | 0.7% | 100% | $420,000 | |
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A+5.0 ★Texas Ratio: 3.53% |
Conventional | 2 | 0.7% | 100% | $335,000 | View |
First International Bank & Trust
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Conventional | 2 | 0.7% | 100% | $485,000 | |
Veridian Credit Union
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Conventional | 2 | 0.7% | 100% | $140,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 2 | 0.7% | 100% | $280,000 | View |
Nbkc Bank
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Conventional | 1 | 0.3% | 100% | $725,000 | |
Equity Prime Mortgage LLC
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VA | 1 | 0.3% | 100% | $275,000 | |
loanDepot.com LLC
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Conventional | 1 | 0.3% | 100% | $65,000 | |
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A+5.0 ★Texas Ratio: 0.14% |
VA | 1 | 0.3% | 100% | $375,000 | View |
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A5.0 ★Texas Ratio: 13.85% |
Conventional | 1 | 0.3% | 100% | $235,000 | View |
Pennymac Loan Services LLC
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VA | 1 | 0.3% | 100% | $195,000 | |
Guild Mortgage Company
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Conventional | 1 | 0.3% | 100% | $345,000 | |
Homestead Funding Corp.
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Conventional | 1 | 0.3% | 100% | $395,000 | |
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A+5.0 ★Texas Ratio: 5.44% |
Conventional | 1 | 0.3% | 100% | $285,000 | View |
Ocmbc, Inc.
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Conventional | 1 | 0.3% | 100% | $215,000 | |
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A5.0 ★Texas Ratio: 9.76% |
Conventional | 1 | 0.3% | 100% | $405,000 | View |
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A+5.0 ★Texas Ratio: 0.90% |
Conventional | 1 | 0.3% | 100% | $65,000 | View |
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A5.0 ★Texas Ratio: 8.00% |
Conventional | 1 | 0.3% | 100% | $185,000 | View |
Novation Credit Union
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Conventional | 1 | 0.3% | 100% | $55,000 | |
American Financing Corporation
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FHA | 1 | 0.3% | 100% | $305,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
Conventional | 1 | 0.3% | 100% | $275,000 | View |
Churchill Mortgage Corporation
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Conventional | 1 | 0.3% | 100% | $155,000 | |
Planet Home Lending, LLC
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Conventional | 1 | 0.3% | 100% | $45,000 | |
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A5.0 ★Texas Ratio: 6.13% |
Conventional | 1 | 0.3% | 100% | $275,000 | View |
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A5.0 ★Texas Ratio: 7.48% |
Conventional | 1 | 0.3% | 100% | $305,000 | View |
Better Mortgage Corporation
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Conventional | 1 | 0.3% | 100% | $335,000 | |
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A+5.0 ★Texas Ratio: 3.19% |
Conventional | 1 | 0.3% | 50% | $495,000 | View |
New American Funding, LLC.
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FHA | 1 | 0.3% | 50% | $175,000 | |
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A-4.7 ★Texas Ratio: 9.93% |
Conventional | 1 | 0.3% | 100% | $425,000 | View |
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A4.7 ★Texas Ratio: 2.58% |
FHA | 1 | 0.3% | 100% | $245,000 | View |
Figure Lending LLC
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HELOC | 0 +3 HELOCs |
0% | n/a | ||
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A+5.0 ★Texas Ratio: 4.14% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Brookings Mortgage Rate Trends
Daily average mortgage rates for South Dakota compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Brookings, South Dakota
Looking for mortgage lenders near me or mortgage brokers near me in Brookings? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Brookings in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Brookings, SD
Use these to narrow the list above. Each category shows how many Brookings, SD lenders fit and what that kind of lender is usually best for.
Who Lends in Brookings, SD
Independent mortgage companies closed 28.3 percent of home loans in Brookings, South Dakota in 2025, banks 68.3 percent and credit unions 3.4 percent. Guaranteed Rate, Inc. was the largest mortgage company, First Bank & Trust the largest bank and Levo Federal Credit Union the largest credit union. Among lenders headquartered in South Dakota, First Bank & Trust led with 119 loans.
How to Read This List
A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.
Title or escrow companies usually handle closings in South Dakota. State real estate transfer fee of $0.50 per $500 of value (0.1 percent), paid by the seller (SDCL 43-4-21); no mortgage recording tax.
More South Dakota Mortgage Lender Pages
Frequently Asked Questions About Mortgage Lenders in Brookings, SD
By home loans closed in 2025, First Bank & Trust was the largest mortgage lender in Brookings, South Dakota with 119 loans, about 40.6 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Brookings, South Dakota, First Bank & Trust approved the highest share of completed applications in 2025 at 90.2 percent, against a 91.6 percent average for all lenders. Approval share reflects the applicants a lender attracts as much as its underwriting, so compare it alongside loan programs and median loan size. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
14 lenders closed FHA loans in Brookings, South Dakota in 2025, led by First Bank & Trust with 4. 16 lenders closed VA loans, led by Mortgage Research Center, and 2 closed USDA rural loans. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Yes. 36 banks and 4 credit unions closed home loans in Brookings, South Dakota in 2025, alongside 23 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Lenders are ranked only by the number of home loans they closed in Brookings, South Dakota during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.
Methodology and Sources
Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Brookings, South Dakota for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Brookings. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.
