Mortgage Lenders and Brokers in Wilmot, 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
Wilmot, South Dakota mortgage lenders include Minnwest BankMinnwest Bank709 Main St, Wilmot, SD 57279A+5.0 ★Texas Ratio: 5.77%, First Bank & TrustFirst Bank & Trust2233 6th St, Brookings, SD 57006A+5.0 ★Texas Ratio: 3.79%, First Premier BankFirst Premier BankSecond And Main, Castlewood, SD 57223A+5.0 ★Texas Ratio: 0.42%, Dacotah BankDacotah Bank308 S Main St, Aberdeen, SD 57401A5.0 ★Texas Ratio: 12.58%, Frandsen Bank & TrustFrandsen Bank & Trust302 E 4th Ave, Milbank, SD 57252A+5.0 ★Texas Ratio: 5.91%, First Interstate BankFirst Interstate Bank119 6th Ave Se, Aberdeen, SD 57401A+5.0 ★Texas Ratio: 4.72%, CU Mortgage Direct, LLCCU Mortgage Direct, LLCSioux Falls, SD, Guaranteed Rate, Inc., Rocket Mortgage, and Planet Home Lending, LLC. 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 Wilmot, South Dakota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Wilmot 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 Wilmot, South Dakota
Market share is the lender's share of all home loans closed in Wilmot, 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 Wilmot 709 Main St, Wilmot, SD 57279 A+5.0 ★Texas Ratio: 5.77% |
Conventional, HELOC | 2 +3 HELOCs |
10.5% | 100% | $75,000 | View |
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2233 6th St, Brookings, SD 57006 A+5.0 ★Texas Ratio: 3.79% |
Conventional, HELOC | 9 +3 HELOCs |
47.4% | 81.8% | $259,444 | View |
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Second And Main, Castlewood, SD 57223 A+5.0 ★Texas Ratio: 0.42% |
Conventional, HELOC | 1 +1 HELOCs |
5.3% | 100% | $185,000 | View |
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308 S Main St, Aberdeen, SD 57401 A5.0 ★Texas Ratio: 12.58% |
Conventional | 1 | 5.3% | 100% | $315,000 | View |
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302 E 4th Ave, Milbank, SD 57252 A+5.0 ★Texas Ratio: 5.91% |
Conventional | 1 | 5.3% | 100% | $165,000 | 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 | |
CU Mortgage Direct, LLC
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Conventional | 1 | 5.3% | 100% | $355,000 | |
Guaranteed Rate, Inc.
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FHA | 1 | 5.3% | 100% | $95,000 | |
Rocket Mortgage
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Conventional | 1 | 5.3% | 100% | $105,000 | |
Planet Home Lending, LLC
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Conventional | 1 | 5.3% | 100% | $125,000 | |
Fairway Independent Mort Corp
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Conventional | 1 | 5.3% | 100% | $285,000 | |
First International Bank & Trust
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HELOC | 0 +1 HELOCs |
0% | n/a |
Wilmot 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 Wilmot, South Dakota
Looking for mortgage lenders near me or mortgage brokers near me in Wilmot? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Wilmot in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Wilmot, SD
Use these to narrow the list above. Each category shows how many Wilmot, SD lenders fit and what that kind of lender is usually best for.
Who Lends in Wilmot, SD
Independent mortgage companies closed 21.1 percent of home loans in Wilmot, South Dakota in 2025, banks 73.7 percent and credit unions 5.3 percent. Guaranteed Rate, Inc. was the largest mortgage company, Minnwest Bank the largest bank and CU Mortgage Direct, LLC the largest credit union. Among lenders headquartered in South Dakota, First Bank & Trust 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 Wilmot, SD
By home loans closed in 2025, Minnwest Bank was the largest mortgage lender in Wilmot, South Dakota with 2 loans, about 10.5 percent of the market. The largest lender headquartered in South Dakota was First Bank & Trust with 9 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
1 lenders closed FHA loans in Wilmot, South Dakota in 2025, led by Guaranteed Rate, Inc. with 1. 0 lenders closed VA 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. 7 banks and 1 credit unions closed home loans in Wilmot, South Dakota in 2025, alongside 4 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 Wilmot, 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 Wilmot, 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 Wilmot. 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.
