Mortgage Lenders and Brokers in Clark, 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
Clark, South Dakota mortgage lenders include Dacotah BankDacotah Bank113 N Commercial St, Clark, SD 57225A5.0 ★Texas Ratio: 12.58%, First Premier BankFirst Premier BankSecond And Main, Castlewood, SD 57223A+5.0 ★Texas Ratio: 0.42%, First Bank & TrustFirst Bank & Trust2233 6th St, Brookings, SD 57006A+5.0 ★Texas Ratio: 3.79%, First Dakota National BakFirst Dakota National Bak1208 West Cedar St, Beresford, SD 57004A+5.0 ★Texas Ratio: 4.05%, First Interstate BankFirst Interstate Bank119 6th Ave Se, Aberdeen, SD 57401A+5.0 ★Texas Ratio: 4.72%, American Bank & TrustAmerican Bank & Trust320 6th Ave Se, Aberdeen, SD 57401A+5.0 ★Texas Ratio: 3.70%, Plains Commerce BankPlains Commerce Bank524 S Dakota St, Aberdeen, SD 57401A5.0 ★Texas Ratio: 9.09%, Minnwest BankMinnwest Bank607 Cornell Ave, Big Stone City, SD 57216A+5.0 ★Texas Ratio: 5.77%, BMO Harris Bank NABMO Harris Bank NA135 E Main St, Corsica, SD 57328A+5.0 ★Texas Ratio: 3.54%, and Fairway Independent Mort Corp. 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 Clark, South Dakota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Clark 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 Clark, South Dakota
Market share is the lender's share of all home loans closed in Clark, 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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1 office in Clark 113 N Commercial St, Clark, SD 57225 A5.0 ★Texas Ratio: 12.58% |
Conventional, FHA | 13 | 33.3% | 81.2% | $197,307 | View |
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Second And Main, Castlewood, SD 57223 A+5.0 ★Texas Ratio: 0.42% |
Conventional, FHA, HELOC | 2 +3 HELOCs |
5.1% | 100% | $100,000 | View |
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2233 6th St, Brookings, SD 57006 A+5.0 ★Texas Ratio: 3.79% |
FHA | 2 | 5.1% | 66.7% | $145,000 | View |
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1208 West Cedar St, Beresford, SD 57004 A+5.0 ★Texas Ratio: 4.05% |
Conventional | 1 | 2.6% | 100% | $155,000 | View |
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★ 1 stars, 1 review 119 6th Ave Se, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 4.72% |
VA | 1 | 2.6% | 100% | $165,000 | View |
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320 6th Ave Se, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 3.70% |
Conventional | 1 | 2.6% | 50% | $445,000 | View |
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524 S Dakota St, Aberdeen, SD 57401 A5.0 ★Texas Ratio: 9.09% |
Conventional | 1 | 2.6% | 50% | $275,000 | View |
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607 Cornell Ave, Big Stone City, SD 57216 A+5.0 ★Texas Ratio: 5.77% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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135 E Main St, Corsica, SD 57328 A+5.0 ★Texas Ratio: 3.54% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Fairway Independent Mort Corp
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Conventional, FHA, USDA | 7 | 17.9% | 100% | $167,857 | |
Rocket Mortgage
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Conventional, VA | 4 | 10.3% | 100% | $165,000 | |
Guaranteed Rate, Inc.
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Conventional, FHA | 2 | 5.1% | 100% | $345,000 | |
Lakeview Loan Servicing, LLC
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Conventional | 1 | 2.6% | 100% | $65,000 | |
Amerisave Mortgage Company
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FHA | 1 | 2.6% | 50% | $205,000 | |
Discover Bank
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Conventional | 1 | 2.6% | 50% | $45,000 | |
New Day Financial, LLC.
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VA | 1 | 2.6% | 100% | $145,000 | |
First International Bank & Trust
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Conventional | 1 | 2.6% | 100% | $125,000 | |
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a |
Clark 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 Clark, South Dakota
Looking for mortgage lenders near me or mortgage brokers near me in Clark? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Clark in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Clark, SD
Use these to narrow the list above. Each category shows how many Clark, SD lenders fit and what that kind of lender is usually best for.
Who Lends in Clark, SD
Independent mortgage companies closed 41 percent of home loans in Clark, South Dakota in 2025, banks 59 percent and credit unions 0 percent. Fairway Independent Mort Corp was the largest mortgage company, Dacotah Bank the largest bank. Among lenders headquartered in South Dakota, Dacotah Bank led with 13 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 Clark, SD
By home loans closed in 2025, Dacotah Bank was the largest mortgage lender in Clark, South Dakota with 13 loans, about 33.3 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
6 lenders closed FHA loans in Clark, South Dakota in 2025, led by Fairway Independent Mort Corp with 3. 3 lenders closed VA loans, led by First Interstate Bank, and 1 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. 11 banks and 0 credit unions closed home loans in Clark, South Dakota in 2025, alongside 7 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 Clark, 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 Clark, 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 Clark. 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.
