A&D Mortgage · South Dakota · 2025

A&D Mortgage in South Dakota: approval rate, denial rate and rates (2025)

A&D Mortgage took 11 mortgage applications in South Dakota in 2025, ranking #131 of 386 lenders active in the state. It originated 81.8% of them and denied 9.1% (10.0% of the applications it decided), against a statewide denial rate of 12.8%.

11Applicationsin SD
10.0%Decision denial ratestate 15.7%
6.63%Median ratestate 6.50%
$255,000Median loanstate $225,000
$2.2MVolume6 counties

A&D Mortgage in South Dakota vs the state

9.1%Denial rate-3.66 pts vs state
10.0%Decision denial rate-5.73 pts vs state
81.8%Origination rate+15.78 pts vs state
6.63%Median rate+0.13 pts vs state
0.29Rate spread (pts)+0.11 pts vs state
$118kMedian applicant income
9Loans originated
1Denied

What A&D Mortgage lends in South Dakota

By loan purpose

Home purchase 6 55% · 0.0% denied
Refinance 2 18% · 0.0% denied
Cash-out refinance 3 27% · 33.3% denied

By loan type

Conventional 9 82% · 0.0% denied
FHA 2 18% · 50.0% denied

Why it denied South Dakota applicants

Other 1 100%

Where in South Dakota

Counties with the most A&D Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Minnehaha County 440 0.0%
Codington County 220 0.0%
Lincoln County 211 50.0%
Gregory County 110 0.0%
Lyman County 100 0.0%
Davison County 110 0.0%

Other large lenders in South Dakota

LenderGradeApplicationsDenial rateMedian rate
Plains Commerce BankB 2,2805.5%6.25%
First PREMIER BankC 1,38911.7%6.88%
First Bank & TrustC 1,32011.2%6.63%
Black Hills Federal Credit UnionD 1,22323.0%7.75%
Rocket MortgageC 1,02716.9%6.75%
CMG MortgageA 9192.3%6.38%
BankwestF 78614.0%7.25%
First Dakota National BankA 6904.6%6.50%
Levo Federal Credit UnionB 6446.8%7.50%
U.S. BankD 63724.0%6.99%

Frequently asked questions

South Dakota: 11 applications in 2025, of which 9 were originated and 1 denied.

9.1% of all applications, or 10.0% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

The median rate on loans A&D Mortgage originated in South Dakota in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are A&D Mortgage's own HMDA filing for properties located in South Dakota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology