Mortgage Lenders and Brokers in Rapid City, 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
Rapid City, South Dakota mortgage lenders include Black Hills Federal Credit UnionBlack Hills Federal Credit Union200 E Main St, Rapid City, SD 57701 2929A+5.0 ★Texas Ratio: 0.00%, Bankwest, Inc.Bankwest, Inc.311 Omaha St, Rapid City, SD 57701C+4.1 ★Texas Ratio: 26.29%, Black Hills Community Bank, NABlack Hills Community Bank, NA840 Mount Rushmore Rd, Rapid City, SD 57701, Dacotah BankDacotah Bank3535 5th St, Rapid City, SD 57701A5.0 ★Texas Ratio: 12.58%, Aspen Federal Credit UnionAspen Federal Credit Union4956 5th St, Rapid City, SD 57701, Pioneer Bank & TrustPioneer Bank & Trust2001 W Omaha St, Rapid City, SD 57702A+5.0 ★Texas Ratio: 0.74%, US Bank, N.A.US Bank, N.A.645 Mountain View Rd, Rapid City, SD 57702A+5.0 ★Texas Ratio: 2.85%, First National BankFirst National Bank632 Main St, Rapid City, SD 57701A+5.0 ★Texas Ratio: 2.40%, Highmark Federal Credit UnionHighmark Federal Credit Union725 5th St, Rapid City, SD 57701, and Wells Fargo Bank NAWells Fargo Bank NA825 Saint Joseph St, Rapid City, SD 57701A+5.0 ★Texas Ratio: 5.36%. 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 Rapid City, South Dakota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Rapid City 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 Rapid City, South Dakota
Market share is the lender's share of all home loans closed in Rapid City, 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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200 E Main St, Rapid City, SD 57701 2929 A+5.0 ★Texas Ratio: 0.00% |
Conventional, FHA, VA, Jumbo, HELOC | 85 +96 HELOCs |
6.5% | 80.2% | $282,882 | View |
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2 offices in Rapid City 311 Omaha St, Rapid City, SD 57701 C+4.1 ★Texas Ratio: 26.29% |
Conventional, FHA | 36 | 2.7% | 83.7% | $92,222 | View |
Black Hills Community Bank, NA
840 Mount Rushmore Rd, Rapid City, SD 57701 |
Conventional, FHA, VA, Jumbo | 31 | 2.4% | 86.5% | $385,645 | |
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1 office in Rapid City 3535 5th St, Rapid City, SD 57701 A5.0 ★Texas Ratio: 12.58% |
Conventional, FHA, VA, Jumbo | 29 | 2.2% | 93.5% | $418,793 | View |
Aspen Federal Credit Union
4956 5th St, Rapid City, SD 57701 |
Conventional, VA, Jumbo | 28 | 2.1% | 96.6% | $198,928 | |
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2 offices in Rapid City 2001 W Omaha St, Rapid City, SD 57702 A+5.0 ★Texas Ratio: 0.74% |
Conventional, VA | 23 | 1.7% | 88.5% | $266,739 | View |
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3 offices in Rapid City 645 Mountain View Rd, Rapid City, SD 57702 A+5.0 ★Texas Ratio: 2.85% |
Conventional, FHA, Jumbo, HELOC | 21 +25 HELOCs |
1.6% | 76.7% | $435,000 | View |
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1 office in Rapid City 632 Main St, Rapid City, SD 57701 A+5.0 ★Texas Ratio: 2.40% |
Conventional, FHA, VA, Jumbo | 17 | 1.3% | 100% | $329,705 | View |
Highmark Federal Credit Union
725 5th St, Rapid City, SD 57701 |
Conventional | 14 | 1.1% | 100% | $275,714 | |
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3 offices in Rapid City 825 Saint Joseph St, Rapid City, SD 57701 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 7 | 0.5% | 77.8% | $233,571 | View |
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3 offices in Rapid City 1919 Hope Court, Rapid City, SD 57701 A+5.0 ★Texas Ratio: 1.27% |
Conventional, Jumbo | 6 | 0.5% | 87.5% | $618,333 | View |
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★ 1 stars, 1 review 4 offices in Rapid City 3510 Sturgis Rd, Rapid City, SD 57702 A+5.0 ★Texas Ratio: 4.72% |
Conventional, HELOC | 1 +14 HELOCs |
0.1% | 50% | $35,000 | View |
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524 S Dakota St, Aberdeen, SD 57401 A5.0 ★Texas Ratio: 9.09% |
Conventional, FHA, VA | 76 | 5.8% | 96.2% | $325,526 | View |
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4011 Triple Crown Dr, Rapid City, SD 57701 2098 A+5.0 ★Texas Ratio: 4.29% |
Conventional | 10 | 0.8% | 100% | $192,000 | View |
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2211 Dakota Ave, Belle Fourche, SD 57717 A+5.0 ★Texas Ratio: 2.48% |
Conventional | 3 | 0.2% | 100% | $135,000 | View |
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135 E Main St, Corsica, SD 57328 A+5.0 ★Texas Ratio: 3.54% |
Conventional, Jumbo | 3 | 0.2% | 75% | $751,666 | View |
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79 2nd St Sw, Huron, SD 57350 A+5.0 ★Texas Ratio: 4.82% |
Conventional | 3 | 0.2% | 100% | $445,000 | View |
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1808 S Sycamore Ave, Sioux Falls, SD 57110 A+5.0 ★Texas Ratio: 3.68% |
Conventional, HELOC | 2 +1 HELOCs |
0.2% | 66.7% | $300,000 | View |
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1208 West Cedar St, Beresford, SD 57004 A+5.0 ★Texas Ratio: 4.05% |
FHA | 2 | 0.2% | 100% | $315,000 | View |
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Second And Main, Castlewood, SD 57223 A+5.0 ★Texas Ratio: 0.42% |
Conventional, FHA | 2 | 0.2% | 66.7% | $320,000 | View |
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320 6th Ave Se, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 3.70% |
Conventional | 2 | 0.2% | 100% | $575,000 | View |
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2016 6th Ave Se, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 5.11% |
Conventional | 1 | 0.1% | 100% | $55,000 | View |
CU Mortgage Direct, LLC
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Conventional, VA | 3 | 0.2% | 100% | $245,000 | |
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A+5.0 ★Texas Ratio: 3.66% |
Conventional, Jumbo | 2 | 0.2% | 100% | $725,000 | View |
Cmg Mortgage Inc
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Conventional, FHA, VA, USDA, HELOC | 253 +19 HELOCs |
19.2% | 98.6% | $306,106 | |
Rocket Mortgage
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Conventional, FHA, VA, Jumbo | 78 | 5.9% | 86.3% | $215,000 | |
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A5.0 ★Texas Ratio: 13.85% |
Conventional, FHA, VA, USDA | 76 | 5.8% | 88.4% | $277,500 | View |
United Wholesale Mortgage
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Conventional, FHA, VA, Jumbo, HELOC | 73 +2 HELOCs |
5.6% | 98.6% | $341,164 | |
Mortgage Research Center
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Conventional, FHA, VA | 45 | 3.4% | 75.4% | $330,777 | |
American Neighborhood Mortgage Acceptance Company
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Conventional, FHA, VA, Jumbo | 45 | 3.4% | 100% | $386,777 | |
Pennymac Loan Services LLC
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Conventional, FHA, VA, Jumbo | 29 | 2.2% | 85.7% | $227,758 | |
American Pacific Mortgage Corporation
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Conventional, FHA, VA, Jumbo | 27 | 2.1% | 87.1% | $382,407 | |
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B+4.8 ★Texas Ratio: 17.16% |
Conventional, FHA, VA | 25 | 1.9% | 92.6% | $204,200 | View |
Kind Lending, LLC
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Conventional, FHA, VA | 24 | 1.8% | 83.3% | $353,750 | |
Freedom Mortgage Corporation
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FHA, VA, Jumbo | 23 | 1.7% | 91.2% | $308,478 | |
Nationstar Mortgage
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Conventional, VA | 12 | 0.9% | 75% | $151,666 | |
Newrez LLC
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Conventional, VA | 11 | 0.8% | 61.1% | $325,909 | |
Towne Mortgage Company
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Conventional, FHA, VA | 11 | 0.8% | 100% | $318,636 | |
Navy Federal Credit Union
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Conventional, VA, HELOC | 9 +3 HELOCs |
0.7% | 81.8% | $289,444 | |
loanDepot.com LLC
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Conventional, FHA, VA | 9 | 0.7% | 56.2% | $223,888 | |
American Financial Resources LLC
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Conventional, FHA, VA | 8 | 0.6% | 100% | $175,000 | |
Lakeview Loan Servicing, LLC
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Conventional, VA | 8 | 0.6% | 54.2% | $435,000 | |
Amerisave Mortgage Company
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Conventional, VA | 6 | 0.5% | 37.5% | $106,666 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 6 | 0.5% | 75% | $263,333 | View |
Das Acquisition Company, LLC
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Conventional, VA | 5 | 0.4% | 100% | $337,000 | |
Union Home Mortgage Corp.
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Conventional, VA | 5 | 0.4% | 100% | $461,000 | |
Servion
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Conventional, FHA, VA | 4 | 0.3% | 80% | $297,500 | |
Triad Financial Services, Inc.
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Conventional | 4 | 0.3% | 53.3% | $112,500 | |
Guild Mortgage Company
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Conventional, FHA, VA | 4 | 0.3% | 100% | $347,500 | |
Discover Bank
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Conventional | 4 | 0.3% | 44.4% | $142,500 | |
New Day Financial, LLC.
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VA | 4 | 0.3% | 57.1% | $280,000 | |
Mutual of Omaha Mortgage
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Conventional, FHA | 4 | 0.3% | 71.4% | $432,500 | |
New American Funding, LLC.
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FHA | 4 | 0.3% | 50% | $292,500 | |
Guaranteed Rate, Inc.
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Conventional, FHA, VA, HELOC | 3 +1 HELOCs |
0.2% | 100% | $191,666 | |
AmeriHome Mortgage Company, LLC
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FHA | 3 | 0.2% | 100% | $281,666 | |
Plaza Home Mortgage, Inc
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Conventional, FHA | 3 | 0.2% | 100% | $388,333 | |
Ark-La-Tex Financial Services LLC
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Conventional, VA, Jumbo | 3 | 0.2% | 100% | $601,666 | |
Village Capital & Investment
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VA | 3 | 0.2% | 66.7% | $345,000 | |
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A5.0 ★Texas Ratio: 10.07% |
Conventional | 2 | 0.2% | 100% | $395,000 | View |
Greenstate Credit Union
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Conventional | 2 | 0.2% | 100% | $430,000 | |
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A+5.0 ★Texas Ratio: 3.16% |
Conventional | 2 | 0.2% | 100% | $290,000 | View |
Sage Home Loans Corporation
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Conventional | 2 | 0.2% | 100% | $430,000 | |
Nbkc Bank
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FHA, VA | 2 | 0.2% | 100% | $420,000 | |
CrossCountry Mortgage, LLC
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Conventional, VA | 2 | 0.2% | 100% | $500,000 | |
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A+5.0 ★Texas Ratio: 3.70% |
Conventional | 2 | 0.2% | 100% | $115,000 | View |
Click n' Close, Inc.
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FHA | 2 | 0.2% | 100% | $300,000 | |
American Internet Mortgage, Inc.
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Conventional | 2 | 0.2% | 100% | $415,000 | |
First International Bank & Trust
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Conventional | 2 | 0.2% | 100% | $320,000 | |
Planet Home Lending, LLC
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VA | 2 | 0.2% | 66.7% | $335,000 | |
Lower, LLC
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FHA | 2 | 0.2% | 100% | $335,000 | |
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★ 1.7 stars, 3 reviews A+5.0 ★Texas Ratio: 4.24% |
Conventional, Jumbo | 2 | 0.2% | 100% | $935,000 | View |
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A4.8 ★Texas Ratio: 2.45% |
Conventional, Jumbo | 2 | 0.2% | 100% | $950,000 | View |
Fairway Independent Mort Corp
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Conventional, FHA | 2 | 0.2% | 100% | $320,000 | |
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B+4.8 ★Texas Ratio: 16.98% |
VA | 2 | 0.2% | 66.7% | $225,000 | View |
Better Mortgage Corporation
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Conventional, HELOC | 1 +2 HELOCs |
0.1% | 100% | $415,000 | |
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D3.3 ★Texas Ratio: 35.11% |
FHA, HELOC | 1 +1 HELOCs |
0.1% | 100% | $275,000 | View |
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A+5.0 ★Texas Ratio: 4.14% |
Conventional, HELOC | 1 +1 HELOCs |
0.1% | 100% | $395,000 | View |
Pentagon Federal Credit Union
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Conventional, HELOC | 1 +1 HELOCs |
0.1% | 100% | $485,000 | |
Genisys Credit Union
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Conventional, Jumbo | 1 | 0.1% | 100% | $2,005,000 | |
Alliant Credit Union
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Conventional | 1 | 0.1% | 100% | $345,000 | |
Premier Mortgage Resources, LLC
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FHA | 1 | 0.1% | 100% | $255,000 | |
Alameda Mortgage Corporation
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Conventional | 1 | 0.1% | 100% | $305,000 | |
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A+5.0 ★Texas Ratio: 5.16% |
Conventional | 1 | 0.1% | 100% | $305,000 | View |
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A+5.0 ★Texas Ratio: 0.37% |
Conventional | 1 | 0.1% | 100% | $315,000 | View |
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A+5.0 ★Texas Ratio: 4.98% |
VA | 1 | 0.1% | 100% | $345,000 | View |
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A+5.0 ★Texas Ratio: 0.14% |
Conventional | 1 | 0.1% | 100% | $145,000 | View |
Success Lending, LLC
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Conventional | 1 | 0.1% | 100% | $225,000 | |
Canopy Mortgage, LLC
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FHA | 1 | 0.1% | 100% | $285,000 | |
Equity Prime Mortgage LLC
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FHA | 1 | 0.1% | 66.7% | $445,000 | |
Movement Mortgage, LLC
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VA | 1 | 0.1% | 100% | $275,000 | |
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A+5.0 ★Texas Ratio: 4.20% |
Conventional | 1 | 0.1% | 100% | $205,000 | View |
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A5.0 ★Texas Ratio: 8.47% |
Conventional | 1 | 0.1% | 100% | $285,000 | View |
American Financing Corporation
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FHA | 1 | 0.1% | 50% | $275,000 | |
Eastman Credit Union
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Conventional | 1 | 0.1% | 100% | $475,000 | |
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A+5.0 ★Texas Ratio: 5.03% |
Conventional | 1 | 0.1% | 100% | $65,000 | View |
Calcon Mutual Mortgage LLC
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Conventional | 1 | 0.1% | 100% | $805,000 | |
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A-4.9 ★Texas Ratio: 16.11% |
Conventional | 1 | 0.1% | 100% | $195,000 | View |
Servis One, Inc
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FHA | 1 | 0.1% | 100% | $505,000 | |
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A+5.0 ★Texas Ratio: 3.94% |
Conventional | 1 | 0.1% | 100% | $285,000 | View |
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A+5.0 ★Texas Ratio: 4.81% |
VA | 1 | 0.1% | 100% | $545,000 | View |
Waterstone Mortgage Corporation
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FHA | 1 | 0.1% | 100% | $235,000 | |
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A5.0 ★Texas Ratio: 10.02% |
Conventional | 1 | 0.1% | 100% | $395,000 | View |
Iowa Bankers Mortgage Corporation
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Conventional | 1 | 0.1% | 100% | $365,000 | |
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A+5.0 ★Texas Ratio: 2.20% |
Conventional | 1 | 0.1% | 100% | $525,000 | View |
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A+5.0 ★Texas Ratio: 2.85% |
Conventional | 1 | 0.1% | 100% | $295,000 | View |
Veridian Credit Union
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VA | 1 | 0.1% | 100% | $545,000 | |
Wings Financial Credit Union
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Conventional | 1 | 0.1% | 100% | $625,000 | |
RoundPoint Mortgage Servicing LLC
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Conventional | 1 | 0.1% | 50% | $255,000 | |
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A+5.0 ★Texas Ratio: 3.12% |
Conventional | 1 | 0.1% | 100% | $805,000 | View |
Prosperity Home Mortgage, LLC
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FHA | 1 | 0.1% | 100% | $295,000 | |
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A+5.0 ★Texas Ratio: 2.09% |
Conventional | 1 | 0.1% | 100% | $125,000 | View |
The Loan Store, Inc
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Conventional | 1 | 0.1% | 100% | $395,000 | |
21St Mortgage
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Conventional | 1 | 0.1% | 16.7% | $75,000 | |
Paramount Residential Mortgage
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Conventional | 1 | 0.1% | 100% | $535,000 | |
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A+5.0 ★Texas Ratio: 5.55% |
Conventional, Jumbo | 1 | 0.1% | 100% | $2,005,000 | View |
Vanderbilt Mortgage and Finance, Inc
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Conventional | 1 | 0.1% | 100% | $665,000 | |
Carrington Mortgage Services LLC
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VA | 1 | 0.1% | 50% | $225,000 | |
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A4.7 ★Texas Ratio: 2.58% |
VA | 1 | 0.1% | 100% | $645,000 | View |
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A+5.0 ★Texas Ratio: 3.23% |
Conventional | 1 | 0.1% | 100% | $375,000 | View |
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A+5.0 ★Texas Ratio: 5.44% |
HELOC | 0 +8 HELOCs |
0% | n/a | View | |
Connexus Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a |
Rapid City 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 Rapid City, South Dakota
Looking for mortgage lenders near me or mortgage brokers near me in Rapid City? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Rapid City in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Rapid City, SD
Use these to narrow the list above. Each category shows how many Rapid City, SD lenders fit and what that kind of lender is usually best for.
Who Lends in Rapid City, SD
Independent mortgage companies closed 56.6 percent of home loans in Rapid City, South Dakota in 2025, banks 31.2 percent and credit unions 12.2 percent. Cmg Mortgage Inc was the largest mortgage company, Bankwest, Inc. the largest bank and Black Hills Federal Credit Union the largest credit union. Among lenders headquartered in South Dakota, Black Hills Federal Credit Union led with 85 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 Rapid City, SD
By home loans closed in 2025, Black Hills Federal Credit Union was the largest mortgage lender in Rapid City, South Dakota with 85 loans, about 6.5 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Rapid City, South Dakota, Cmg Mortgage Inc approved the highest share of completed applications in 2025 at 98.6 percent, against a 87.5 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.
42 lenders closed FHA loans in Rapid City, South Dakota in 2025, led by Cmg Mortgage Inc with 61. 45 lenders closed VA loans, led by Cmg Mortgage Inc, 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. 51 banks and 16 credit unions closed home loans in Rapid City, South Dakota in 2025, alongside 54 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 Rapid City, 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 Rapid City, 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 Rapid City. 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.
