Mortgage Lenders and Brokers in Mobridge, 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
Mobridge, South Dakota mortgage lenders include Dacotah BankDacotah Bank320 N Main St, Mobridge, SD 57601A5.0 ★Texas Ratio: 12.58%, First Interstate BankFirst Interstate Bank505 N Main St, Mobridge, SD 57601A+5.0 ★Texas Ratio: 4.72%, Wells Fargo Bank NAWells Fargo Bank NA405 N Main St, Mobridge, SD 57601A+5.0 ★Texas Ratio: 5.36%, Dakota Community Bank & Trust, NADakota Community Bank & Trust, NA1711 W Grand Xing, Mobridge, SD 57601A+5.0 ★Texas Ratio: 0.58%, Bankwest, Inc.Bankwest, Inc.703 Main Ave, Armour, SD 57313C+4.1 ★Texas Ratio: 26.29%, US Bank, N.A.US Bank, N.A.320 S 1st St, Aberdeen, SD 57401A+5.0 ★Texas Ratio: 2.85%, Plains Commerce BankPlains Commerce Bank524 S Dakota St, Aberdeen, SD 57401A5.0 ★Texas Ratio: 9.09%, Rocket Mortgage, New American Funding, LLC., and Freedom Mortgage Corporation. 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 Mobridge, South Dakota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Mobridge 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 Mobridge, South Dakota
Market share is the lender's share of all home loans closed in Mobridge, 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 Mobridge 320 N Main St, Mobridge, SD 57601 A5.0 ★Texas Ratio: 12.58% |
Conventional, FHA | 9 | 24.3% | 90% | $145,000 | View |
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★ 1 stars, 1 review 1 office in Mobridge 505 N Main St, Mobridge, SD 57601 A+5.0 ★Texas Ratio: 4.72% |
Conventional, FHA, HELOC | 2 +2 HELOCs |
5.4% | 100% | $120,000 | View |
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1 office in Mobridge 405 N Main St, Mobridge, SD 57601 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 2 | 5.4% | 100% | $205,000 | View |
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1 office in Mobridge 1711 W Grand Xing, Mobridge, SD 57601 A+5.0 ★Texas Ratio: 0.58% |
Conventional | 1 | 2.7% | 100% | $25,000 | View |
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703 Main Ave, Armour, SD 57313 C+4.1 ★Texas Ratio: 26.29% |
Conventional, FHA, VA, USDA | 6 | 16.2% | 85.7% | $173,333 | View |
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320 S 1st St, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 2.85% |
Conventional, FHA, USDA, HELOC | 3 +1 HELOCs |
8.1% | 100% | $135,000 | View |
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524 S Dakota St, Aberdeen, SD 57401 A5.0 ★Texas Ratio: 9.09% |
Conventional | 1 | 2.7% | 100% | $165,000 | View |
Rocket Mortgage
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Conventional, VA | 4 | 10.8% | 100% | $240,000 | |
New American Funding, LLC.
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Conventional, FHA | 3 | 8.1% | 100% | $88,333 | |
Freedom Mortgage Corporation
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VA | 1 | 2.7% | 100% | $125,000 | |
CrossCountry Mortgage, LLC
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VA | 1 | 2.7% | 100% | $195,000 | |
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A5.0 ★Texas Ratio: 13.85% |
Conventional | 1 | 2.7% | 100% | $135,000 | View |
loanDepot.com LLC
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Conventional | 1 | 2.7% | 100% | $185,000 | |
First International Bank & Trust
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USDA | 1 | 2.7% | 100% | $265,000 | |
Mortgage Research Center
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VA | 1 | 2.7% | 50% | $365,000 | |
Guaranteed Rate, Inc.
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a |
Mobridge 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 Mobridge, South Dakota
Looking for mortgage lenders near me or mortgage brokers near me in Mobridge? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Mobridge in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Mobridge, SD
Use these to narrow the list above. Each category shows how many Mobridge, SD lenders fit and what that kind of lender is usually best for.
Who Lends in Mobridge, SD
Independent mortgage companies closed 29.7 percent of home loans in Mobridge, South Dakota in 2025, banks 70.3 percent and credit unions 0 percent. Rocket Mortgage was the largest mortgage company, Dacotah Bank the largest bank. Among lenders headquartered in South Dakota, Dacotah Bank led with 9 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 Mobridge, SD
By home loans closed in 2025, Dacotah Bank was the largest mortgage lender in Mobridge, South Dakota with 9 loans, about 24.3 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
5 lenders closed FHA loans in Mobridge, South Dakota in 2025, led by New American Funding, LLC. with 2. 5 lenders closed VA loans, led by Bankwest, Inc., and 3 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. 9 banks and 0 credit unions closed home loans in Mobridge, South Dakota in 2025, alongside 8 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 Mobridge, 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 Mobridge, 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 Mobridge. 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.
