Mortgage Lenders and Brokers in Lead, 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
Lead, South Dakota mortgage lenders include First National BankFirst National Bank197 Glendale Dr, Lead, SD 57754A+5.0 ★Texas Ratio: 2.40%, First Interstate BankFirst Interstate Bank145 Glendale Dr, Lead, SD 57754A+5.0 ★Texas Ratio: 4.72%, Plains Commerce BankPlains Commerce Bank524 S Dakota St, Aberdeen, SD 57401A5.0 ★Texas Ratio: 9.09%, Black Hills Federal Credit UnionBlack Hills Federal Credit Union376 Liberty Boulevard, Box Elder, SD 57719A+5.0 ★Texas Ratio: 0.00%, Bankwest, Inc.Bankwest, Inc.703 Main Ave, Armour, SD 57313C+4.1 ★Texas Ratio: 26.29%, Northern Hills FCUNorthern Hills FCU2211 Dakota Ave, Belle Fourche, SD 57717A+5.0 ★Texas Ratio: 2.48%, American Bank & TrustAmerican Bank & Trust320 6th Ave Se, Aberdeen, SD 57401A+5.0 ★Texas Ratio: 3.70%, Black Hills Community Bank, NABlack Hills Community Bank, NA840 Mount Rushmore Rd, Rapid City, SD 57701, Pioneer Bank & TrustPioneer Bank & Trust700 State St, Belle Fourche, SD 57717A+5.0 ★Texas Ratio: 0.74%, and US Bank, N.A.US Bank, N.A.320 S 1st St, Aberdeen, SD 57401A+5.0 ★Texas Ratio: 2.85%. 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 Lead, South Dakota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Lead 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 Lead, South Dakota
Market share is the lender's share of all home loans closed in Lead, 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 Lead 197 Glendale Dr, Lead, SD 57754 A+5.0 ★Texas Ratio: 2.40% |
Conventional | 3 | 2.3% | 75% | $441,666 | View |
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★ 1 stars, 1 review 1 office in Lead 145 Glendale Dr, Lead, SD 57754 A+5.0 ★Texas Ratio: 4.72% |
HELOC | 0 +15 HELOCs |
0% | 0% | View | |
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524 S Dakota St, Aberdeen, SD 57401 A5.0 ★Texas Ratio: 9.09% |
Conventional, FHA | 5 | 3.8% | 83.3% | $243,000 | View |
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376 Liberty Boulevard, Box Elder, SD 57719 A+5.0 ★Texas Ratio: 0.00% |
Conventional, HELOC | 4 +6 HELOCs |
3% | 50% | $245,000 | View |
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703 Main Ave, Armour, SD 57313 C+4.1 ★Texas Ratio: 26.29% |
Conventional, VA, Jumbo | 4 | 3% | 100% | $535,000 | View |
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2211 Dakota Ave, Belle Fourche, SD 57717 A+5.0 ★Texas Ratio: 2.48% |
Conventional | 3 | 2.3% | 100% | $188,333 | View |
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320 6th Ave Se, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 3.70% |
Conventional, VA, Jumbo | 3 | 2.3% | 100% | $888,333 | View |
Black Hills Community Bank, NA
840 Mount Rushmore Rd, Rapid City, SD 57701 |
Conventional, FHA | 3 | 2.3% | 75% | $175,000 | |
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700 State St, Belle Fourche, SD 57717 A+5.0 ★Texas Ratio: 0.74% |
Conventional | 2 | 1.5% | 100% | $135,000 | View |
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320 S 1st St, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 2.85% |
Conventional, Jumbo | 1 | 0.8% | 100% | $1,185,000 | View |
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330 Main Street, Bridgewater, SD 57319 A+5.0 ★Texas Ratio: 1.34% |
Conventional | 1 | 0.8% | 100% | $145,000 | View |
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1808 S Sycamore Ave, Sioux Falls, SD 57110 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.8% | 100% | $165,000 | View |
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325 Dakota Dunes Blvd, Dakota Dunes, SD 57049 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.8% | 100% | $85,000 | View |
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1208 West Cedar St, Beresford, SD 57004 A+5.0 ★Texas Ratio: 4.05% |
Conventional, Jumbo | 1 | 0.8% | 100% | $1,475,000 | View |
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204 S 1st St, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 0.8% | 50% | $385,000 | View |
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2016 6th Ave Se, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 5.11% |
Conventional | 1 | 0.8% | 100% | $295,000 | View |
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2016 6th Ave Se, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 5.11% |
Conventional | 1 | 0.8% | 100% | $385,000 | View |
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302 E 4th Ave, Milbank, SD 57252 A+5.0 ★Texas Ratio: 5.91% |
Conventional | 1 | 0.8% | 100% | $805,000 | View |
Aspen Federal Credit Union
4956 5th St, Rapid City, SD 57701 |
Conventional | 1 | 0.8% | 100% | $325,000 | |
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202 St Olaf Ave, Baltic, SD 57003 A+5.0 ★Texas Ratio: 3.28% |
Conventional, Jumbo | 1 | 0.8% | 100% | $1,255,000 | View |
United Wholesale Mortgage
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Conventional, FHA, VA | 14 | 10.6% | 100% | $278,571 | |
Rocket Mortgage
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Conventional, FHA | 13 | 9.8% | 87.5% | $227,307 | |
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B+4.8 ★Texas Ratio: 17.16% |
Conventional, FHA, VA | 10 | 7.6% | 90.9% | $288,000 | View |
Cmg Mortgage Inc
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Conventional, VA, Jumbo, HELOC | 8 +2 HELOCs |
6.1% | 100% | $383,750 | |
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A5.0 ★Texas Ratio: 13.85% |
Conventional, FHA | 8 | 6.1% | 88.9% | $170,000 | View |
Newrez LLC
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Conventional, VA, Jumbo | 5 | 3.8% | 83.3% | $659,000 | |
Pennymac Loan Services LLC
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Conventional, FHA, Jumbo | 4 | 3% | 100% | $510,000 | |
Mortgage Research Center
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VA | 4 | 3% | 100% | $365,000 | |
American Neighborhood Mortgage Acceptance Company
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Conventional, FHA | 4 | 3% | 100% | $322,500 | |
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A+5.0 ★Texas Ratio: 1.89% |
Conventional, Jumbo | 2 | 1.5% | 100% | $1,045,000 | View |
American Pacific Mortgage Corporation
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Conventional, VA | 2 | 1.5% | 100% | $315,000 | |
New American Funding, LLC.
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FHA | 2 | 1.5% | 100% | $220,000 | |
Navy Federal Credit Union
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VA, HELOC | 1 +3 HELOCs |
0.8% | 50% | $235,000 | |
Freedom Mortgage Corporation
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FHA | 1 | 0.8% | 100% | $195,000 | |
loanDepot.com LLC
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Conventional | 1 | 0.8% | 50% | $75,000 | |
Movement Mortgage, LLC
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Conventional | 1 | 0.8% | 100% | $215,000 | |
Synergy One Lending, Inc.
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Conventional | 1 | 0.8% | 100% | $165,000 | |
American Financing Corporation
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Conventional | 1 | 0.8% | 100% | $135,000 | |
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A+5.0 ★Texas Ratio: 1.69% |
Conventional | 1 | 0.8% | 100% | $685,000 | View |
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A5.0 ★Texas Ratio: 10.59% |
Conventional | 1 | 0.8% | 100% | $305,000 | View |
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A+5.0 ★Texas Ratio: 5.48% |
Conventional | 1 | 0.8% | 100% | $705,000 | View |
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A+5.0 ★Texas Ratio: 0.44% |
Conventional, Jumbo | 1 | 0.8% | 100% | $1,425,000 | View |
First Community Bank
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Conventional, Jumbo | 1 | 0.8% | 100% | $1,255,000 | |
Nationstar Mortgage
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VA | 1 | 0.8% | 100% | $185,000 | |
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A+5.0 ★Texas Ratio: 3.82% |
FHA | 1 | 0.8% | 100% | $195,000 | View |
Better Mortgage Corporation
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Conventional | 1 | 0.8% | 100% | $75,000 | |
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A5.0 ★Texas Ratio: 10.77% |
Conventional | 1 | 0.8% | 100% | $75,000 | View |
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A-5.0 ★Texas Ratio: 14.97% |
VA | 1 | 0.8% | 100% | $325,000 | View |
Farm Credit Mid-America, Aca
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Conventional, Jumbo | 1 | 0.8% | 100% | $1,405,000 | |
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A+5.0 ★Texas Ratio: 0.00% |
Conventional, Jumbo | 1 | 0.8% | 100% | $865,000 | View |
Lead 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 Lead, South Dakota
Looking for mortgage lenders near me or mortgage brokers near me in Lead? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Lead in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Lead, SD
Use these to narrow the list above. Each category shows how many Lead, SD lenders fit and what that kind of lender is usually best for.
Who Lends in Lead, SD
Independent mortgage companies closed 48.5 percent of home loans in Lead, South Dakota in 2025, banks 44.7 percent and credit unions 6.8 percent. United Wholesale Mortgage was the largest mortgage company, First National Bank the largest bank and Black Hills Federal Credit Union the largest credit union. Among lenders headquartered in South Dakota, First National Bank led with 3 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 Lead, SD
By home loans closed in 2025, First National Bank was the largest mortgage lender in Lead, South Dakota with 3 loans, about 2.3 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
11 lenders closed FHA loans in Lead, South Dakota in 2025, led by Rocket Mortgage with 3. 11 lenders closed VA loans, led by Mortgage Research Center. 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. 29 banks and 4 credit unions closed home loans in Lead, South Dakota in 2025, alongside 17 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 Lead, 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 Lead, 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 Lead. 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.
