Mortgage Lenders and Brokers in Summerset, 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
Summerset, South Dakota mortgage lenders include 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%, Plains Commerce BankPlains Commerce Bank524 S Dakota St, Aberdeen, SD 57401A5.0 ★Texas Ratio: 9.09%, Pioneer Bank & TrustPioneer Bank & Trust700 State St, Belle Fourche, SD 57717A+5.0 ★Texas Ratio: 0.74%, Black Hills Community Bank, NABlack Hills Community Bank, NA840 Mount Rushmore Rd, Rapid City, SD 57701, Dacotah BankDacotah Bank308 S Main St, Aberdeen, SD 57401A5.0 ★Texas Ratio: 12.58%, Northern Hills FCUNorthern Hills FCU2211 Dakota Ave, Belle Fourche, SD 57717A+5.0 ★Texas Ratio: 2.48%, First National BankFirst National Bank307 E Hustan Ave, Fort Pierre, SD 57532A+5.0 ★Texas Ratio: 2.40%, US Bank, N.A.US Bank, N.A.320 S 1st St, Aberdeen, SD 57401A+5.0 ★Texas Ratio: 2.85%, and Sentinel Federal Credit UnionSentinel Federal Credit Union22752 Mule Deer Trl, Box Elder, SD 57719 9456A+5.0 ★Texas Ratio: 4.29%. 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 Summerset, South Dakota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Summerset 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 Summerset, South Dakota
Market share is the lender's share of all home loans closed in Summerset, 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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376 Liberty Boulevard, Box Elder, SD 57719 A+5.0 ★Texas Ratio: 0.00% |
Conventional, FHA, HELOC | 13 +17 HELOCs |
6.9% | 100% | $365,769 | View |
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703 Main Ave, Armour, SD 57313 C+4.1 ★Texas Ratio: 26.29% |
Conventional | 9 | 4.8% | 90% | $129,444 | View |
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524 S Dakota St, Aberdeen, SD 57401 A5.0 ★Texas Ratio: 9.09% |
Conventional, FHA, VA | 9 | 4.8% | 100% | $395,000 | View |
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700 State St, Belle Fourche, SD 57717 A+5.0 ★Texas Ratio: 0.74% |
Conventional, VA | 4 | 2.1% | 80% | $307,500 | View |
Black Hills Community Bank, NA
840 Mount Rushmore Rd, Rapid City, SD 57701 |
Conventional, FHA, Jumbo | 4 | 2.1% | 100% | $510,000 | |
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308 S Main St, Aberdeen, SD 57401 A5.0 ★Texas Ratio: 12.58% |
Conventional | 3 | 1.6% | 75% | $238,333 | View |
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2211 Dakota Ave, Belle Fourche, SD 57717 A+5.0 ★Texas Ratio: 2.48% |
Conventional | 3 | 1.6% | 100% | $238,333 | View |
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307 E Hustan Ave, Fort Pierre, SD 57532 A+5.0 ★Texas Ratio: 2.40% |
Conventional | 3 | 1.6% | 100% | $405,000 | View |
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320 S 1st St, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 2 +3 HELOCs |
1.1% | 50% | $220,000 | View |
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22752 Mule Deer Trl, Box Elder, SD 57719 9456 A+5.0 ★Texas Ratio: 4.29% |
Conventional | 2 | 1.1% | 100% | $385,000 | View |
Aspen Federal Credit Union
4956 5th St, Rapid City, SD 57701 |
Conventional | 2 | 1.1% | 100% | $40,000 | |
Highmark Federal Credit Union
1842 5th Ave, Belle Fourche, SD 57717 |
Conventional | 1 | 0.5% | 100% | $475,000 | |
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1201 E Cliff Pl, Sioux Falls, SD 57108 A+5.0 ★Texas Ratio: 5.50% |
Conventional | 1 | 0.5% | 100% | $465,000 | View |
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204 S 1st St, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 0.5% | 33.3% | $245,000 | View |
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★ 1 stars, 1 review 119 6th Ave Se, Aberdeen, SD 57401 A+5.0 ★Texas Ratio: 4.72% |
HELOC | 0 +4 HELOCs |
0% | 0% | View | |
Cmg Mortgage Inc
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Conventional, FHA, VA, USDA, Jumbo, HELOC | 24 +6 HELOCs |
12.7% | 100% | $489,583 | |
United Wholesale Mortgage
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Conventional, FHA, VA, Jumbo | 17 | 9% | 89.5% | $552,647 | |
Rocket Mortgage
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Conventional, FHA, VA | 11 | 5.8% | 91.7% | $329,545 | |
Pennymac Loan Services LLC
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Conventional, FHA, VA | 11 | 5.8% | 100% | $348,636 | |
Mortgage Research Center
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VA | 8 | 4.2% | 61.5% | $477,500 | |
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B+4.8 ★Texas Ratio: 17.16% |
Conventional, FHA, VA, USDA | 7 | 3.7% | 100% | $340,714 | View |
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A5.0 ★Texas Ratio: 13.85% |
Conventional, VA, Jumbo | 6 | 3.2% | 100% | $565,000 | View |
American Neighborhood Mortgage Acceptance Company
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Conventional, VA | 6 | 3.2% | 100% | $411,666 | |
Kind Lending, LLC
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Conventional, VA | 5 | 2.6% | 83.3% | $463,000 | |
Freedom Mortgage Corporation
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FHA, VA | 3 | 1.6% | 75% | $255,000 | |
Newrez LLC
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Conventional, VA | 2 | 1.1% | 50% | $550,000 | |
New Day Financial, LLC.
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VA | 2 | 1.1% | 66.7% | $215,000 | |
Nationstar Mortgage
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FHA, VA | 2 | 1.1% | 100% | $400,000 | |
Plaza Home Mortgage, Inc
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Conventional, FHA | 2 | 1.1% | 100% | $340,000 | |
Primelending
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VA | 1 | 0.5% | 100% | $575,000 | |
Lakeview Loan Servicing, LLC
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VA | 1 | 0.5% | 28.6% | $335,000 | |
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A+5.0 ★Texas Ratio: 3.16% |
Conventional | 1 | 0.5% | 100% | $255,000 | View |
Equity Prime Mortgage LLC
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VA | 1 | 0.5% | 100% | $325,000 | |
Movement Mortgage, LLC
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FHA | 1 | 0.5% | 100% | $435,000 | |
Amerisave Mortgage Company
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Conventional | 1 | 0.5% | 20% | $275,000 | |
Guild Mortgage Company
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Conventional | 1 | 0.5% | 100% | $545,000 | |
HomeBridge Financial Services, Inc
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VA | 1 | 0.5% | 100% | $335,000 | |
Nqm Funding, LLC
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Conventional | 1 | 0.5% | 100% | $335,000 | |
Union Home Mortgage Corp.
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FHA | 1 | 0.5% | 100% | $375,000 | |
Cardinal Financial Company, Li
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FHA | 1 | 0.5% | 100% | $325,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
VA | 1 | 0.5% | 50% | $575,000 | View |
Summit Mortgage Corporation
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Conventional | 1 | 0.5% | 100% | $595,000 | |
American Pacific Mortgage Corporation
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Conventional | 1 | 0.5% | 100% | $445,000 | |
Mission Loans, LLC
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VA | 1 | 0.5% | 100% | $735,000 | |
Towne Mortgage Company
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VA | 1 | 0.5% | 100% | $505,000 | |
New American Funding, LLC.
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FHA | 1 | 0.5% | 50% | $505,000 | |
Lower, LLC
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VA | 1 | 0.5% | 100% | $565,000 | |
Farm Credit Mid-America, Aca
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Conventional, Jumbo | 1 | 0.5% | 33.3% | $995,000 | |
Fairway Independent Mort Corp
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Conventional | 1 | 0.5% | 100% | $505,000 | |
Navy Federal Credit Union
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VA | 1 | 0.5% | 100% | $545,000 | |
21St Mortgage
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Conventional | 1 | 0.5% | 100% | $265,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 0.5% | 100% | $105,000 | View |
Paramount Residential Mortgage
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Conventional | 1 | 0.5% | 100% | $675,000 | |
Ark-La-Tex Financial Services LLC
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Conventional | 1 | 0.5% | 100% | $205,000 | |
Village Capital & Investment
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VA | 1 | 0.5% | 50% | $405,000 | |
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A+5.0 ★Texas Ratio: 5.44% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Better Mortgage Corporation
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HELOC | 0 +1 HELOCs |
0% | n/a |
Summerset 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 Summerset, South Dakota
Looking for mortgage lenders near me or mortgage brokers near me in Summerset? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Summerset in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Summerset, SD
Use these to narrow the list above. Each category shows how many Summerset, SD lenders fit and what that kind of lender is usually best for.
Who Lends in Summerset, SD
Independent mortgage companies closed 60.3 percent of home loans in Summerset, South Dakota in 2025, banks 28 percent and credit unions 11.6 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 13 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 Summerset, SD
By home loans closed in 2025, Black Hills Federal Credit Union was the largest mortgage lender in Summerset, South Dakota with 13 loans, about 6.9 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
15 lenders closed FHA loans in Summerset, South Dakota in 2025, led by Cmg Mortgage Inc with 3. 25 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. 17 banks and 6 credit unions closed home loans in Summerset, South Dakota in 2025, alongside 34 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 Summerset, 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 Summerset, 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 Summerset. 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.
