Mortgage Lenders and Brokers in Spearfish, 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
Spearfish, South Dakota mortgage lenders include Pioneer Bank & TrustPioneer Bank & Trust125 E Colorado Blvd, Spearfish, SD 57783A+5.0 ★Texas Ratio: 0.74%, Bankwest, Inc.Bankwest, Inc.120 E Michigan St, Spearfish, SD 57783C+4.1 ★Texas Ratio: 26.29%, First Interstate BankFirst Interstate Bank311 N 27th St, Spearfish, SD 57783A+5.0 ★Texas Ratio: 4.72%, Wells Fargo Bank NAWells Fargo Bank NA131 W Hudson St, Spearfish, SD 57783A+5.0 ★Texas Ratio: 5.36%, Security First BankSecurity First Bank401 3rd Ave, Martin, SD 57551A+5.0 ★Texas Ratio: 1.27%, Black Hills Federal Credit UnionBlack Hills Federal Credit Union835 N Main St, Spearfish, SD 57783 2037A+5.0 ★Texas Ratio: 0.00%, Black Hills Community Bank, NABlack Hills Community Bank, NA215 E Jackson Blvd, Spearfish, SD 57783, Plains Commerce BankPlains Commerce Bank524 S Dakota St, Aberdeen, SD 57401A5.0 ★Texas Ratio: 9.09%, US Bank, N.A.US Bank, N.A.320 S 1st St, Aberdeen, SD 57401A+5.0 ★Texas Ratio: 2.85%, and Highmark Federal Credit UnionHighmark Federal Credit Union309 W Jackson Blvd, Spearfish, SD 57783 2034. 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 Spearfish, South Dakota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Spearfish 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 Spearfish, South Dakota
Market share is the lender's share of all home loans closed in Spearfish, 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 Spearfish 125 E Colorado Blvd, Spearfish, SD 57783 A+5.0 ★Texas Ratio: 0.74% |
Conventional, FHA, VA, Jumbo | 45 | 13.7% | 92.2% | $355,000 | View |
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1 office in Spearfish 120 E Michigan St, Spearfish, SD 57783 C+4.1 ★Texas Ratio: 26.29% |
Conventional | 15 | 4.6% | 83.3% | $185,000 | View |
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★ 1 stars, 1 review 2 offices in Spearfish 311 N 27th St, Spearfish, SD 57783 A+5.0 ★Texas Ratio: 4.72% |
Conventional, FHA, Jumbo, HELOC | 4 +41 HELOCs |
1.2% | 50% | $527,500 | View |
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1 office in Spearfish 131 W Hudson St, Spearfish, SD 57783 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 4 | 1.2% | 66.7% | $185,000 | View |
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1 office in Spearfish 401 3rd Ave, Martin, SD 57551 A+5.0 ★Texas Ratio: 1.27% |
Conventional | 3 | 0.9% | 100% | $481,666 | View |
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835 N Main St, Spearfish, SD 57783 2037 A+5.0 ★Texas Ratio: 0.00% |
Conventional, FHA, HELOC | 26 +35 HELOCs |
7.9% | 78.8% | $337,692 | View |
Black Hills Community Bank, NA
215 E Jackson Blvd, Spearfish, SD 57783 |
Conventional, VA, Jumbo | 22 | 6.7% | 95.7% | $339,090 | |
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524 S Dakota St, Aberdeen, SD 57401 A5.0 ★Texas Ratio: 9.09% |
Conventional | 6 | 1.8% | 100% | $371,666 | View |
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320 S 1st St, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 2.85% |
Conventional, Jumbo | 5 | 1.5% | 100% | $579,000 | View |
Highmark Federal Credit Union
309 W Jackson Blvd, Spearfish, SD 57783 2034 |
Conventional | 5 | 1.5% | 100% | $263,000 | |
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308 S Main St, Aberdeen, SD 57401 A5.0 ★Texas Ratio: 12.58% |
FHA | 2 | 0.6% | 100% | $375,000 | View |
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2430 Platinum Dr, SPEARFISH, SD 57783 A+5.0 ★Texas Ratio: 2.48% |
Conventional | 2 | 0.6% | 100% | $190,000 | View |
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320 6th Ave Se, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 3.70% |
Conventional | 2 | 0.6% | 100% | $295,000 | View |
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202 St Olaf Ave, Baltic, SD 57003 A+5.0 ★Texas Ratio: 3.28% |
Conventional | 2 | 0.6% | 100% | $55,000 | View |
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700 E 14th St, Sioux Falls, SD 57104 5144 A5.0 ★Texas Ratio: 7.61% |
Conventional | 1 | 0.3% | 100% | $205,000 | |
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22752 Mule Deer Trl, Box Elder, SD 57719 9456 A+5.0 ★Texas Ratio: 4.29% |
Conventional | 1 | 0.3% | 66.7% | $325,000 | View |
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307 E Hustan Ave, Fort Pierre, SD 57532 A+5.0 ★Texas Ratio: 2.40% |
Conventional | 1 | 0.3% | 100% | $255,000 | View |
Aspen Federal Credit Union
4956 5th St, Rapid City, SD 57701 |
Conventional | 1 | 0.3% | 50% | $65,000 | |
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1808 S Sycamore Ave, Sioux Falls, SD 57110 A+5.0 ★Texas Ratio: 3.68% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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A+5.0 ★Texas Ratio: 3.66% |
Conventional | 1 | 0.3% | 100% | $165,000 | View |
Cmg Mortgage Inc
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Conventional, FHA, VA, USDA, HELOC | 53 +6 HELOCs |
16.1% | 98.3% | $345,943 | |
Rocket Mortgage
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Conventional | 19 | 5.8% | 86.4% | $210,263 | |
United Wholesale Mortgage
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Conventional, FHA, VA, Jumbo | 17 | 5.2% | 90% | $515,588 | |
American Neighborhood Mortgage Acceptance Company
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Conventional, FHA | 10 | 3% | 100% | $297,000 | |
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A5.0 ★Texas Ratio: 13.85% |
Conventional, FHA | 9 | 2.7% | 100% | $448,333 | View |
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B+4.8 ★Texas Ratio: 17.16% |
Conventional, FHA, USDA | 8 | 2.4% | 100% | $312,500 | View |
loanDepot.com LLC
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Conventional, FHA, VA | 5 | 1.5% | 71.4% | $259,000 | |
Pennymac Loan Services LLC
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Conventional, FHA | 5 | 1.5% | 100% | $365,000 | |
Mortgage Research Center
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VA | 5 | 1.5% | 55.6% | $433,000 | |
Freedom Mortgage Corporation
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Conventional, FHA, VA | 4 | 1.2% | 66.7% | $392,500 | |
Servion
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Conventional, FHA | 3 | 0.9% | 100% | $245,000 | |
Nationstar Mortgage
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Conventional, FHA | 3 | 0.9% | 100% | $388,333 | |
Navy Federal Credit Union
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Conventional, HELOC | 2 +1 HELOCs |
0.6% | 66.7% | $120,000 | |
Newrez LLC
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Conventional, VA | 2 | 0.6% | 50% | $370,000 | |
Kind Lending, LLC
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Conventional, FHA | 2 | 0.6% | 100% | $485,000 | |
Union Home Mortgage Corp.
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Conventional | 2 | 0.6% | 100% | $260,000 | |
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A+5.0 ★Texas Ratio: 5.48% |
Conventional, Jumbo | 2 | 0.6% | 100% | $800,000 | View |
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B-3.5 ★Texas Ratio: 6.80% |
VA | 2 | 0.6% | 66.7% | $380,000 | View |
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A+5.0 ★Texas Ratio: 2.32% |
Conventional | 2 | 0.6% | 100% | $420,000 | View |
Mutual of Omaha Mortgage
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Conventional, FHA | 2 | 0.6% | 66.7% | $395,000 | |
New American Funding, LLC.
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Conventional | 2 | 0.6% | 66.7% | $185,000 | |
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A4.8 ★Texas Ratio: 2.45% |
Conventional, Jumbo, HELOC | 1 +1 HELOCs |
0.3% | 33.3% | $815,000 | View |
Genisys Credit Union
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Conventional, Jumbo | 1 | 0.3% | 100% | $1,055,000 | |
American Financial Resources LLC
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Conventional | 1 | 0.3% | 100% | $105,000 | |
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A+5.0 ★Texas Ratio: 3.16% |
Conventional | 1 | 0.3% | 100% | $145,000 | View |
All Credit Considered Mortgage, Inc.
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Conventional | 1 | 0.3% | 100% | $455,000 | |
CrossCountry Mortgage, LLC
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Conventional, Jumbo | 1 | 0.3% | 100% | $975,000 | |
PHH Mortgage Corporation
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FHA | 1 | 0.3% | 100% | $465,000 | |
Amerisave Mortgage Company
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VA | 1 | 0.3% | 33.3% | $365,000 | |
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A+5.0 ★Texas Ratio: 0.65% |
Conventional | 1 | 0.3% | 100% | $485,000 | View |
Guild Mortgage Company
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Conventional | 1 | 0.3% | 100% | $345,000 | |
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A+5.0 ★Texas Ratio: 3.04% |
Conventional | 1 | 0.3% | 100% | $635,000 | View |
Discover Bank
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Conventional | 1 | 0.3% | 50% | $125,000 | |
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A+5.0 ★Texas Ratio: 1.05% |
Conventional, Jumbo | 1 | 0.3% | 100% | $805,000 | View |
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A+5.0 ★Texas Ratio: 0.44% |
Conventional, Jumbo | 1 | 0.3% | 100% | $1,505,000 | View |
American Pacific Mortgage Corporation
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FHA | 1 | 0.3% | 50% | $475,000 | |
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A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.3% | 100% | $325,000 | View |
Towne Mortgage Company
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VA | 1 | 0.3% | 100% | $675,000 | |
Thrivent Federal Credit Union
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Conventional | 1 | 0.3% | 100% | $225,000 | |
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A+5.0 ★Texas Ratio: 2.70% |
Conventional | 1 | 0.3% | 100% | $715,000 | View |
Nationwide Mortgage Bankers, Inc.
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Conventional | 1 | 0.3% | 100% | $265,000 | |
Farm Credit Mid-America, Aca
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Conventional | 1 | 0.3% | 100% | $595,000 | |
Fairway Independent Mort Corp
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Conventional | 1 | 0.3% | 100% | $635,000 | |
HomeBridge Financial Services, Inc
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HELOC | 0 +1 HELOCs |
0% | n/a |
Spearfish 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 Spearfish, South Dakota
Looking for mortgage lenders near me or mortgage brokers near me in Spearfish? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Spearfish in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Spearfish, SD
Use these to narrow the list above. Each category shows how many Spearfish, SD lenders fit and what that kind of lender is usually best for.
Who Lends in Spearfish, SD
Independent mortgage companies closed 44.4 percent of home loans in Spearfish, South Dakota in 2025, banks 43.5 percent and credit unions 12.2 percent. Cmg Mortgage Inc was the largest mortgage company, Pioneer Bank & Trust the largest bank and Black Hills Federal Credit Union the largest credit union. Among lenders headquartered in South Dakota, Pioneer Bank & Trust led with 45 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 Spearfish, SD
By home loans closed in 2025, Pioneer Bank & Trust was the largest mortgage lender in Spearfish, South Dakota with 45 loans, about 13.7 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Spearfish, South Dakota, Cmg Mortgage Inc approved the highest share of completed applications in 2025 at 98.3 percent, against a 87.4 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.
18 lenders closed FHA loans in Spearfish, South Dakota in 2025, led by Cmg Mortgage Inc with 12. 11 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. 27 banks and 9 credit unions closed home loans in Spearfish, South Dakota in 2025, alongside 28 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 Spearfish, 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 Spearfish, 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 Spearfish. 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.
