Bank of Dixon County · South Dakota · 2025

Bank of Dixon County in South Dakota: approval rate, denial rate and rates (2025)

Bank of Dixon County took 16 mortgage applications in South Dakota in 2025, ranking #119 of 386 lenders active in the state. It originated 87.5% of them and denied 12.5% (12.5% of the applications it decided), against a statewide denial rate of 12.8%.

16Applicationsin SD
12.5%Decision denial ratestate 15.7%
Median ratestate 6.50%
$195,000Median loanstate $225,000
$3.5MVolume3 counties

Bank of Dixon County in South Dakota vs the state

12.5%Denial rate-0.25 pts vs state
12.5%Decision denial rate-3.23 pts vs state
87.5%Origination rate+21.46 pts vs state
Median rate
Rate spread (pts)
$87kMedian applicant income
14Loans originated
2Denied

Trend in South Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023870.0%#131
2024770.0%#140
2025161412.5%#119

What Bank of Dixon County lends in South Dakota

By loan purpose

Home purchase 8 50% · 12.5% denied
Refinance 6 38% · 16.7% denied
Other / HELOC 2 13% · 0.0% denied

By loan type

Conventional 16 100% · 12.5% denied

Why it denied South Dakota applicants

Credit history 1 50%
Debt-to-income ratio 1 50%

Where in South Dakota

Counties with the most Bank of Dixon County applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clay County 13112 15.4%
Minnehaha County 220 0.0%
Yankton 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: 16 applications in 2025, of which 14 were originated and 2 denied.

12.5% of all applications, or 12.5% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Bank of Dixon County'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