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Mortgage Lenders and Brokers in Sioux Falls, South Dakota

Content reviewed by

Brian McKay | iEditorial Disclosure | ✓Fact Checked | Loan Rates Last Updated and Verified: October 7, 2026

Sioux Falls, South Dakota mortgage lenders include Plains Commerce BankPlains Commerce Bank1411 E 10th St, Sioux Falls, SD 57103A5.0 ★Texas Ratio: 9.09%, Levo Federal Credit UnionLevo Federal Credit Union700 E 14th St, Sioux Falls, SD 57104 5144A5.0 ★Texas Ratio: 7.61%, First Premier BankFirst Premier Bank1305 W 18th St, Sioux Falls, SD 57105A+5.0 ★Texas Ratio: 0.42%, First Bank & TrustFirst Bank & Trust500 S Highline Pl, Sioux Falls, SD 57110A+5.0 ★Texas Ratio: 3.79%, First Dakota National BakFirst Dakota National Bak6109 S Old Village Pl, Sioux Falls, SD 57108A+5.0 ★Texas Ratio: 4.05%, Central BankCentral Bank2500 S Minnesota Ave, Sioux Falls, SD 57105A+5.0 ★Texas Ratio: 2.72%, Cortrust BankCortrust Bank2101 S Minnesota Ave, Sioux Falls, SD 57105A+5.0 ★Texas Ratio: 5.11%, Service First Federal Credit UnionService First Federal Credit Union3901 E 10th St, Sioux Falls, SD 57103 2133A+5.0 ★Texas Ratio: 5.03%, The First National Bank in Sioux FallsThe First National Bank in Sioux Falls5201 E Arrowhead Pkwy, Sioux Falls, SD 57110A+5.0 ★Texas Ratio: 3.28%, and US Bank, N.A.US Bank, N.A.1800 W 12th St, Sioux Falls, SD 57104A+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 Sioux Falls, South Dakota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Sioux Falls 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 Sioux Falls, South Dakota

Market share is the lender's share of all home loans closed in Sioux Falls, 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
Plains Commerce Bank 2 offices in Sioux Falls 1411 E 10th St, Sioux Falls, SD 57103 A5.0 ★Texas Ratio: 9.09%	Conventional, FHA, VA, Jumbo	673	17.3%	94%	$305,995	View
Levo Federal Credit Union 700 E 14th St, Sioux Falls, SD 57104 5144 A5.0 ★Texas Ratio: 7.61%	Conventional, FHA, VA, Jumbo	345	8.9%	92.3%	$162,652
First Premier Bank 5 offices in Sioux Falls 1305 W 18th St, Sioux Falls, SD 57105 A+5.0 ★Texas Ratio: 0.42%	Conventional, FHA, VA, Jumbo, HELOC	292 +139 HELOCs	7.5%	84.5%	$292,191	View
First Bank & Trust 4 offices in Sioux Falls 500 S Highline Pl, Sioux Falls, SD 57110 A+5.0 ★Texas Ratio: 3.79%	Conventional, FHA, VA, USDA, Jumbo, HELOC	176 +58 HELOCs	4.5%	89.4%	$286,477	View
First Dakota National Bak 4 offices in Sioux Falls 6109 S Old Village Pl, Sioux Falls, SD 57108 A+5.0 ★Texas Ratio: 4.05%	Conventional, FHA, VA, Jumbo	168	4.3%	97.7%	$418,988	View
Central Bank 4 offices in Sioux Falls 2500 S Minnesota Ave, Sioux Falls, SD 57105 A+5.0 ★Texas Ratio: 2.72%	Conventional, FHA, VA, Jumbo, HELOC	132 +21 HELOCs	3.4%	94.3%	$353,409	View
Cortrust Bank 5 offices in Sioux Falls 2101 S Minnesota Ave, Sioux Falls, SD 57105 A+5.0 ★Texas Ratio: 5.11%	Conventional, Jumbo	91	2.3%	92.9%	$152,912	View
Service First Federal Credit Union 3901 E 10th St, Sioux Falls, SD 57103 2133 A+5.0 ★Texas Ratio: 5.03%	Conventional, FHA, VA	87	2.2%	89.7%	$281,206	View
The First National Bank in Sioux Falls 11 offices in Sioux Falls 5201 E Arrowhead Pkwy, Sioux Falls, SD 57110 A+5.0 ★Texas Ratio: 3.28%	Conventional, Jumbo	84	2.2%	96.6%	$290,357	View
US Bank, N.A. 6 offices in Sioux Falls 1800 W 12th St, Sioux Falls, SD 57104 A+5.0 ★Texas Ratio: 2.85%	Conventional, FHA, VA, Jumbo, HELOC	70 +54 HELOCs	1.8%	77.2%	$265,142	View
American Bank & Trust 3 offices in Sioux Falls 200 E 10th St, Sioux Falls, SD 57104 A+5.0 ★Texas Ratio: 3.70%	Conventional, FHA, VA, Jumbo	68	1.7%	85%	$271,764	View
Cortrust Mortgage, Inc. 2101 S Minnesota Ave, Sioux Falls, SD 57105 A+5.0 ★Texas Ratio: 5.11%	Conventional, FHA	61	1.6%	98.4%	$301,065	View
Wells Fargo Bank NA 7 offices in Sioux Falls 3610 W Avera Dr, Sioux Falls, SD 57108 A+5.0 ★Texas Ratio: 5.36%	Conventional, Jumbo	45	1.2%	81.8%	$275,444	View
Dacotah Bank 4 offices in Sioux Falls 3302 E 10th St, Sioux Falls, SD 57103 A5.0 ★Texas Ratio: 12.58%	Conventional, FHA, VA, Jumbo	38	1%	90.5%	$278,947	View
Voyage Federal Credit Union 5800 E 18th St Ste 101, Sioux Falls, SD 57110 A+5.0 ★Texas Ratio: 5.29%	Conventional, Jumbo	38	1%	85.7%	$152,894	View
Bluestone Federal Credit Union 3400 S Sycamore Ave, Sioux Falls, SD 57110 4412 A+5.0 ★Texas Ratio: 3.06%	Conventional	31	0.8%	93.9%	$83,387	View
Security National Bank of Sd 2 offices in Sioux Falls 6601 S Louise Ave, Sioux Falls, SD 57108 A+5.0 ★Texas Ratio: 0.00%	Conventional, Jumbo	28	0.7%	82.4%	$496,071	View
Reliabank Dakota 1 office in Sioux Falls 608 W 86th St, Sioux Falls, SD 57108 A+5.0 ★Texas Ratio: 2.16%	Conventional, FHA, VA, Jumbo	27	0.7%	96.4%	$347,222	View
Frontier Bank 1 office in Sioux Falls 101 S Phillips Ave, Sioux Falls, SD 57104 A+4.7 ★Texas Ratio: 0.00%	Conventional	27	0.7%	100%	$142,777	View
Security Savings Bank 1 office in Sioux Falls 2331 E 10th St, Sioux Falls, SD 57103 A+5.0 ★Texas Ratio: 0.70%	Conventional, Jumbo	21	0.5%	100%	$346,428	View
First State Bank Southwest 1 office in Sioux Falls 4400 E 57th St, Sioux Falls, SD 57108 A4.7 ★Texas Ratio: 6.01%	Conventional	14	0.4%	100%	$342,142	View
American State Bank 1 office in Sioux Falls 1201 E Cliff Pl, Sioux Falls, SD 57108 A+5.0 ★Texas Ratio: 5.50%	Conventional, Jumbo	13	0.3%	100%	$518,076	View
JPMorgan Chase Bank, NA 4 offices in Sioux Falls 1808 S Sycamore Ave, Sioux Falls, SD 57110 A+5.0 ★Texas Ratio: 3.68%	Conventional, FHA, Jumbo	12	0.3%	70.6%	$428,333	View
First Interstate Bank ★ 1 stars, 1 review 7 offices in Sioux Falls 4800 S Cliff Ave, Sioux Falls, SD 57103 A+5.0 ★Texas Ratio: 4.72%	Conventional, FHA, HELOC	8 +37 HELOCs	0.2%	69.2%	$303,750	View
Heritage Bank NA 1 office in Sioux Falls 140 N Phillips Ave, Sioux Falls, SD 57104 C-3.6 ★Texas Ratio: 31.27%	Conventional	6	0.2%	100%	$296,666	View
Bank Midwest 1 office in Sioux Falls 225 S Minnesota Ave, Sioux Falls, SD 57104 A+5.0 ★Texas Ratio: 3.34%	Conventional	4	0.1%	100%	$357,500	View
Minnwest Bank 2 offices in Sioux Falls 5324 E Arrowhead Pkwy, Sioux Falls, SD 57110 A+5.0 ★Texas Ratio: 5.77%	Conventional, HELOC	3 +10 HELOCs	0.1%	75%	$248,333	View
Cornerstone Bank 1 office in Sioux Falls 6045 S Louise Ave, Sioux Falls, SD 57108 B4.5 ★Texas Ratio: 21.20%	Conventional, Jumbo	3	0.1%	100%	$241,666	View
Liberty National Bank 2 offices in Sioux Falls 133 S Main Ave, Sioux Falls, SD 57104 A+5.0 ★Texas Ratio: 0.00%	Conventional	3	0.1%	100%	$155,000	View
First Western Bank & Trust 1 office in Sioux Falls 320 S Phillips Ave, Sioux Falls, SD 57104 A-5.0 ★Texas Ratio: 15.55%	Conventional	3	0.1%	100%	$508,333	View
First Savings Bank 1 office in Sioux Falls 5800 S Western Ave, Sioux Falls, SD 57108 A+5.0 ★Texas Ratio: 3.36%	Conventional	3	0.1%	100%	$225,000	View
Sunrise Banks, N.A. 5105 S Crossing Pl, Sioux Falls, SD 57108 A5.0 ★Texas Ratio: 9.43%	Conventional	2	0.1%	40%	$335,000	View
Citibank, NA 1 office in Sioux Falls 5800 S Corporate Pl, Sioux Falls, SD 57108 A+5.0 ★Texas Ratio: 2.82%	Conventional, HELOC	1 +3 HELOCs	0%	100%	$615,000	View
CU Mortgage Direct, LLC	Conventional, FHA, VA	53	1.4%	93%	$251,981
Huntington National Bank 9 offices in Sioux Falls A+5.0 ★Texas Ratio: 3.66%	Conventional	3	0.1%	100%	$298,333	View
Black Hills Federal Credit Union 5028 S Marion Rd, Sioux Falls, SD 57106 6701 A+5.0 ★Texas Ratio: 0.00%	Conventional, FHA, VA, HELOC	32 +22 HELOCs	0.8%	79.1%	$298,750	View
Bankwest, Inc. 703 Main Ave, Armour, SD 57313 C+4.1 ★Texas Ratio: 26.29%	Conventional, FHA	32	0.8%	57.1%	$110,625	View
Quoin Financial Bank 5700 S Remington Pl, Sioux Falls, SD 57108 A+5.0 ★Texas Ratio: 1.12%	Conventional	12	0.3%	80%	$242,500	View
Premier Bank 190 Iowa St, Alcester, SD 57001 A5.0 ★Texas Ratio: 11.19%	Conventional	4	0.1%	100%	$157,500	View
First National Bank of Omaha 79 2nd St Sw, Huron, SD 57350 A+5.0 ★Texas Ratio: 4.82%	Conventional, FHA	4	0.1%	80%	$280,000	View
First National Bank 600 E 60th St N, Sioux Falls, SD 57104 A+5.0 ★Texas Ratio: 2.40%	Conventional, FHA	3	0.1%	100%	$235,000	View
BMO Harris Bank NA 135 E Main St, Corsica, SD 57328 A+5.0 ★Texas Ratio: 3.54%	Conventional, Jumbo	3	0.1%	100%	$668,333	View
Peoples Bank 100 S Sodrac Dr, North Sioux City, SD 57049 A5.0 ★Texas Ratio: 6.85%	Conventional	3	0.1%	75%	$208,333	View
Rivers Edge Bank 330 Main Street, Bridgewater, SD 57319 A+5.0 ★Texas Ratio: 1.34%	Conventional	2	0.1%	100%	$215,000	View
Black Hills Community Bank, NA 840 Mount Rushmore Rd, Rapid City, SD 57701	Conventional, FHA	2	0.1%	100%	$250,000
Pioneer Bank & Trust 700 State St, Belle Fourche, SD 57717 A+5.0 ★Texas Ratio: 0.74%	Conventional	1	0%	100%	$325,000	View
Highmark Federal Credit Union 1842 5th Ave, Belle Fourche, SD 57717	Conventional	1	0%	100%	$245,000
Security First Bank 401 3rd Ave, Martin, SD 57551 A+5.0 ★Texas Ratio: 1.27%	Conventional	1	0%	100%	$125,000	View
First International Bank & Trust	Conventional, FHA, VA, HELOC	227 +42 HELOCs	5.8%	95.8%	$319,229
Fairway Independent Mort Corp	Conventional, FHA, VA, Jumbo	154	4%	97.5%	$305,519
Rocket Mortgage	Conventional, FHA, VA, Jumbo	142	3.6%	86%	$198,591
CrossCountry Mortgage, LLC	Conventional, FHA, VA, HELOC	79 +5 HELOCs	2%	100%	$252,088
United Wholesale Mortgage	Conventional, FHA, VA, Jumbo, HELOC	64 +2 HELOCs	1.6%	82.5%	$308,593
Newrez LLC	Conventional, FHA, VA, Jumbo	43	1.1%	69.8%	$415,465
Mortgage Research Center	VA	36	0.9%	66.7%	$328,888
Freedom Mortgage Corporation	FHA, VA	32	0.8%	84.1%	$329,687
Guaranteed Rate, Inc.	Conventional, FHA, VA, Jumbo, HELOC	28 +2 HELOCs	0.7%	100%	$341,428
Nationstar Mortgage	Conventional, FHA	21	0.5%	84%	$132,142
Citizens Bank, NA A+5.0 ★Texas Ratio: 5.44%	Conventional, FHA, VA, HELOC	18 +9 HELOCs	0.5%	90%	$352,222	View
West Gate Bank A+5.0 ★Texas Ratio: 1.69%	Conventional	18	0.5%	100%	$333,888	View
Pennymac Loan Services LLC	Conventional, FHA, VA	17	0.4%	70.4%	$138,529
Primary Residential Mortgage, INC.	Conventional, FHA	16	0.4%	94.1%	$235,625
Navy Federal Credit Union	Conventional, VA, HELOC	12 +8 HELOCs	0.3%	85.7%	$252,500
Iowa Bankers Mortgage Corporation	Conventional	12	0.3%	92.3%	$293,333
Triad Financial Services, Inc.	Conventional	11	0.3%	46.8%	$85,909
New Day Financial, LLC.	VA	10	0.3%	71.4%	$290,000
loanDepot.com LLC	Conventional, FHA, VA, HELOC	9 +1 HELOCs	0.2%	50%	$162,777
21St Mortgage	Conventional	9	0.2%	35.7%	$68,333
Sofi Bank, National Association A+5.0 ★Texas Ratio: 0.51%	Conventional	9	0.2%	90%	$112,777	View
Mission Loans, LLC	Conventional, HELOC	7 +4 HELOCs	0.2%	100%	$97,857
Mutual of Omaha Mortgage	Conventional, FHA, VA, HELOC	7 +1 HELOCs	0.2%	63.6%	$395,000
Lakeview Loan Servicing, LLC	Conventional, FHA, VA	7	0.2%	36.4%	$262,142
Flanagan State Bank A4.7 ★Texas Ratio: 2.58%	Conventional, FHA, VA	7	0.2%	87.5%	$279,285	View
Usaa Federal Savings Bank B-3.5 ★Texas Ratio: 6.80%	Conventional, VA	6	0.2%	85.7%	$323,333	View
Equity Prime Mortgage LLC	FHA, VA	5	0.1%	83.3%	$275,000
Bell Bank A+5.0 ★Texas Ratio: 3.66%	Conventional, VA	5	0.1%	100%	$321,000	View
American Financing Corporation	Conventional, FHA, VA	5	0.1%	75%	$133,000
New American Funding, LLC.	Conventional, FHA, HELOC	4 +1 HELOCs	0.1%	44.4%	$237,500
A&D Mortgage LLC A+5.0 ★Texas Ratio: 4.11%	Conventional, FHA	4	0.1%	100%	$275,000	View
Nbkc Bank	Conventional, VA	4	0.1%	80%	$402,500
Kind Lending, LLC	FHA, VA	4	0.1%	80%	$297,500
Loanunited.Com, LLC	Conventional, VA	4	0.1%	100%	$332,500
Granite Bank A5.0 ★Texas Ratio: 13.85%	Conventional, FHA, VA	4	0.1%	80%	$220,000	View
Discover Bank	Conventional	4	0.1%	18.5%	$107,500
Midwest Heritage Bank FSB A5.0 ★Texas Ratio: 9.76%	Conventional	4	0.1%	100%	$277,500	View
Click n' Close, Inc.	FHA	4	0.1%	80%	$245,000
The Federal Savings Bank B+4.8 ★Texas Ratio: 16.98%	VA	4	0.1%	66.7%	$435,000	View
Better Mortgage Corporation	Conventional, FHA, HELOC	3 +2 HELOCs	0.1%	75%	$411,666
Premia Mortgage, LLC A5.0 ★Texas Ratio: 13.21%	Conventional, VA	3	0.1%	100%	$461,666	View
American Financial Resources LLC	FHA	3	0.1%	100%	$245,000
AmeriHome Mortgage Company, LLC	FHA	3	0.1%	100%	$378,333
Amerisave Mortgage Company	Conventional, FHA	3	0.1%	12.5%	$158,333
Guild Mortgage Company	Conventional, VA	3	0.1%	100%	$235,000
Cmg Mortgage Inc	Conventional	3	0.1%	100%	$248,333
Planet Home Lending, LLC	FHA, VA	3	0.1%	100%	$298,333
American Pacific Mortgage Corporation	Conventional, VA	3	0.1%	100%	$318,333
Baxter Credit Union	Conventional	3	0.1%	75%	$445,000
V.I.P. Mortgage, Inc.	Conventional, FHA	3	0.1%	100%	$221,666
Farm Credit Mid-America, Aca	Conventional, Jumbo	3	0.1%	75%	$628,333
Carrington Mortgage Services LLC	Conventional, FHA, VA	3	0.1%	50%	$228,333
Village Capital & Investment	FHA, VA	3	0.1%	77.8%	$408,333
Flagstar Bank NA D3.3 ★Texas Ratio: 35.11%	Conventional, HELOC	2 +2 HELOCs	0.1%	50%	$280,000	View
Greenstate Credit Union	Conventional, HELOC	2 +1 HELOCs	0.1%	100%	$335,000
Sage Home Loans Corporation	Conventional	2	0.1%	50%	$265,000
Movement Mortgage, LLC	Conventional, VA	2	0.1%	100%	$325,000
Cardinal Financial Company, Li	Conventional, FHA	2	0.1%	66.7%	$90,000
First Federal Bank A+5.0 ★Texas Ratio: 1.10%	Conventional, VA	2	0.1%	100%	$360,000	View
University Bank A+5.0 ★Texas Ratio: 3.82%	FHA	2	0.1%	100%	$120,000	View
Morgan Stanley Private Bank NA A4.8 ★Texas Ratio: 2.45%	Conventional, Jumbo	2	0.1%	100%	$1,010,000	View
American Neighborhood Mortgage Acceptance Company	Conventional, VA	2	0.1%	100%	$390,000
Bank of America NA A+5.0 ★Texas Ratio: 4.14%	Conventional, HELOC	1 +6 HELOCs	0%	100%	$195,000	View
Gate City Bank	Conventional, HELOC	1 +1 HELOCs	0%	100%	$475,000
Blaze Credit Union	Conventional, HELOC	1 +1 HELOCs	0%	100%	$455,000
Alliant Credit Union	Conventional	1	0%	100%	$555,000
First Community Mortgage, Inc.	Conventional	1	0%	100%	$225,000
Guaranteed Rate Affinity, LLC	FHA	1	0%	100%	$405,000
American Mortgage Bank A+5.0 ★Texas Ratio: 4.14%	Conventional	1	0%	100%	$255,000	View
Devon Bank B+4.0 ★Texas Ratio: 2.09%	Conventional	1	0%	100%	$455,000	View
Goldman Sachs Bank USA A+5.0 ★Texas Ratio: 4.32%	Conventional	1	0%	100%	$575,000	View
RANLife, Inc.	FHA	1	0%	100%	$255,000
Charles Schwab Bank, Ssb A+5.0 ★Texas Ratio: 0.14%	Conventional	1	0%	100%	$475,000	View
Servion	Conventional	1	0%	100%	$435,000
Compeer Financial	Conventional	1	0%	100%	$745,000
PHH Mortgage Corporation	Conventional	1	0%	50%	$95,000
M&T Bank A+5.0 ★Texas Ratio: 4.11%	Conventional	1	0%	100%	$665,000	View
Farmers Bank & Trust A+5.0 ★Texas Ratio: 0.65%	Conventional	1	0%	100%	$355,000	View
Bank of Dixon County	Conventional	1	0%	100%	$245,000
Sfmc, LP	Conventional	1	0%	100%	$305,000
Town and Country Credit Union	FHA	1	0%	100%	$315,000
Availa Bank A+5.0 ★Texas Ratio: 1.89%	Conventional	1	0%	100%	$285,000	View
Bank of Whittier, Na A+5.0 ★Texas Ratio: 0.00%	Conventional	1	0%	100%	$805,000	View
SIRVA Mortgage, Inc.	FHA	1	0%	100%	$305,000
First Colony Mortgage Corporat	Conventional	1	0%	100%	$135,000
Real Genius LLC	Conventional	1	0%	100%	$365,000
First State Bank A+5.0 ★Texas Ratio: 0.00%	Conventional	1	0%	100%	$115,000	View
KodaBank A+5.0 ★Texas Ratio: 2.26%	Conventional	1	0%	100%	$185,000	View
American Internet Mortgage, Inc.	Conventional	1	0%	100%	$355,000
American Federal Bank A+5.0 ★Texas Ratio: 0.00%	Conventional	1	0%	100%	$325,000	View
Primebank A-4.9 ★Texas Ratio: 16.11%	Conventional	1	0%	100%	$255,000	View
Servis One, Inc	Conventional	1	0%	100%	$155,000
Axos Bank A+5.0 ★Texas Ratio: 3.94%	Conventional	1	0%	100%	$305,000	View
Nations Lending Corporation	Conventional	1	0%	100%	$325,000
Arvest Bank A5.0 ★Texas Ratio: 7.48%	FHA	1	0%	50%	$285,000	View
Platte Valley Bank A+5.0 ★Texas Ratio: 3.51%	Conventional	1	0%	100%	$215,000	View
Empeople Credit Union	Conventional	1	0%	50%	$275,000
Veridian Credit Union	Conventional	1	0%	100%	$275,000
Railway Credit Union	Conventional	1	0%	100%	$165,000
Nexbank A-5.0 ★Texas Ratio: 14.93%	Conventional	1	0%	100%	$215,000	View
The Central Trust Bank A+5.0 ★Texas Ratio: 3.12%	VA	1	0%	100%	$415,000	View
Raymond James Bank A+5.0 ★Texas Ratio: 3.19%	Conventional, Jumbo	1	0%	100%	$1,505,000	View
Thrivent Federal Credit Union	Conventional	1	0%	100%	$225,000
Prosperity Home Mortgage, LLC	Conventional	1	0%	100%	$245,000
The Loan Store, Inc	Conventional	1	0%	100%	$225,000
Atkins Savings Bank & Trust	Conventional	1	0%	100%	$265,000
Charter West Bank A+5.0 ★Texas Ratio: 2.29%	Conventional	1	0%	50%	$325,000	View
Lower, LLC	FHA	1	0%	50%	$275,000
Ubs Bank USA ★ 5 stars, 1 review A+5.0 ★Texas Ratio: 1.21%	Conventional	1	0%	100%	$505,000	View
Ark-La-Tex Financial Services LLC	Conventional	1	0%	100%	$315,000
Lincoln Federal Svgs Bk of Ne A+5.0 ★Texas Ratio: 3.23%	Conventional	1	0%	100%	$135,000	View
Coastal Community Bank B4.5 ★Texas Ratio: 20.96%	HELOC	0 +13 HELOCs	0%	n/a		View
Figure Lending LLC	HELOC	0 +12 HELOCs	0%	n/a
Northwest Bank A+5.0 ★Texas Ratio: 1.69%	HELOC	0 +4 HELOCs	0%	n/a		View
Fourleaf Federal Credit Union	HELOC	0 +2 HELOCs	0%	n/a
HomeBridge Financial Services, Inc	HELOC	0 +2 HELOCs	0%	n/a
Bremer Bank NA	HELOC	0 +1 HELOCs	0%	n/a
Farmers Insurance Federal Credit Union	HELOC	0 +1 HELOCs	0%	n/a
Chevron Federal Credit Union	HELOC	0 +1 HELOCs	0%	n/a
Pentagon Federal Credit Union	HELOC	0 +1 HELOCs	0%	0%
Wings Financial Credit Union	HELOC	0 +1 HELOCs	0%	n/a

Lender counts and market shares come from 2025 federal HMDA loan data, the public record of mortgage applications and closings. Health grades: MonitorBankRates, rates as of Oct 7, 2026.

Sioux Falls Mortgage Rate Trends

Daily average mortgage rates for South Dakota compared with the national average, updated every evening.

30-Year Fixed SD Avg

7.363%

▲ 0.083 vs 7 days ago

15-Year Fixed SD Avg

6.870%

▲ 0.069 vs 7 days ago

Mortgage Lenders and Mortgage Brokers Near Me in Sioux Falls, South Dakota

Looking for mortgage lenders near me or mortgage brokers near me in Sioux Falls? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Sioux Falls in 2025, with lenders based there listed first.

Types of Mortgage Lenders in Sioux Falls, SD

Use these to narrow the list above. Each category shows how many Sioux Falls, SD lenders fit and what that kind of lender is usually best for.

Mortgage companies and brokers 61 lenders. Nonbank lenders and brokers that shop several wholesale lenders; often the fastest closings Banks 86 lenders. Local and national banks with branches, portfolio and jumbo loans, and an MBR health grade Credit unions 22 lenders. Member owned, often lower fees and flexible underwriting for members FHA lenders 59 lenders. 3.5 percent down and credit scores into the 500s; the usual route for bad credit or low down payment buyers VA lenders 49 lenders. No down payment and no mortgage insurance for eligible veterans and service members USDA lenders 1 lenders. Zero down loans in eligible rural and suburban areas Jumbo lenders 28 lenders. Loans above the conforming limit for higher priced homes Local lenders based in SD 27 lenders headquartered in South Dakota, the closest thing to a mortgage lender near you

Who Lends in Sioux Falls, SD

Independent mortgage companies closed 20.4 percent of home loans in Sioux Falls, South Dakota in 2025, banks 63.9 percent and credit unions 15.7 percent. Fairway Independent Mort Corp was the largest mortgage company, Plains Commerce Bank the largest bank and Levo Federal Credit Union the largest credit union. Among lenders headquartered in South Dakota, Plains Commerce Bank led with 673 loans.

20.4%

Mortgage companies

63.9%

Banks

15.7%

Credit unions

16%

FHA loans

VA 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

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Frequently Asked Questions About Mortgage Lenders in Sioux Falls, SD

Who is the largest mortgage lender in Sioux Falls, SD?

By home loans closed in 2025, Plains Commerce Bank was the largest mortgage lender in Sioux Falls, South Dakota with 673 loans, about 17.3 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

Which mortgage lenders in Sioux Falls, SD have the highest approval rates?

Among lenders with meaningful volume in Sioux Falls, South Dakota, CrossCountry Mortgage, LLC approved the highest share of completed applications in 2025 at 100 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.

Which Sioux Falls, SD mortgage lenders offer FHA, VA and USDA loans?

59 lenders closed FHA loans in Sioux Falls, South Dakota in 2025, led by Plains Commerce Bank with 159. 49 lenders closed VA loans, led by Plains Commerce 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.

Are credit unions and local banks included in this Sioux Falls, SD lender list?

Yes. 86 banks and 22 credit unions closed home loans in Sioux Falls, South Dakota in 2025, alongside 61 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.

How are mortgage lenders in Sioux Falls, SD ranked on this page?

Lenders are ranked only by the number of home loans they closed in Sioux Falls, 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 Sioux Falls, 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 Sioux Falls. 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.