American Pacific Mortgage · South Dakota · 2025

American Pacific Mortgage in South Dakota: approval rate, denial rate and rates (2025)

American Pacific Mortgage took 102 mortgage applications in South Dakota in 2025, ranking #54 of 386 lenders active in the state. It originated 77.5% of them and denied 5.9% (7.1% of the applications it decided), against a statewide denial rate of 12.8%.

102Applicationsin SD
7.1%Decision denial ratestate 15.7%
6.50%Median ratestate 6.50%
$335,000Median loanstate $225,000
$29MVolume13 counties

American Pacific Mortgage in South Dakota vs the state

5.9%Denial rate-6.87 pts vs state
7.1%Decision denial rate-8.67 pts vs state
77.5%Origination rate+11.41 pts vs state
6.50%Median rate0.00 pts vs state
0.42Rate spread (pts)+0.23 pts vs state
$111kMedian applicant income
79Loans originated
6Denied

Trend in South Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202383558.4%6.63%#49
202478559.0%6.63%#55
2025102795.9%6.50%#54

What American Pacific Mortgage lends in South Dakota

By loan purpose

Home purchase 75 74% · 6.7% denied
Refinance 8 8% · 0.0% denied
Cash-out refinance 19 19% · 5.3% denied

By loan type

Conventional 55 54% · 3.6% denied
FHA 24 24% · 16.7% denied
VA 17 17% · 0.0% denied
USDA / RHS 6 6% · 0.0% denied

Why it denied South Dakota applicants

Debt-to-income ratio 4 67%
Collateral 1 17%
Credit history 1 17%

Where in South Dakota

Counties with the most American Pacific Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pennington County 66514 6.1%
Meade County 15121 6.7%
Lawrence County 431 25.0%
Minnehaha County 320 0.0%
Lincoln County 320 0.0%
Yankton County 220 0.0%
Butte County 210 0.0%
Custer County 210 0.0%
Fall River County 110 0.0%
Sully 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: 102 applications in 2025, of which 79 were originated and 6 denied.

5.9% of all applications, or 7.1% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

The median rate on loans American Pacific Mortgage originated in South Dakota in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are American Pacific 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