Carrington Mortgage Services in South Dakota vs the state
53.5%Denial rate+40.74 pts vs state
60.5%Decision denial rate+44.80 pts vs state
27.9%Origination rate-38.13 pts vs state
6.69%Median rate+0.19 pts vs state
0.41Rate spread (pts)+0.22 pts vs state
$96kMedian applicant income
12Loans originated
23Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 45 | 16 | 53.3% | 6.38% | #65 |
| 2024 | 40 | 16 | 32.5% | 6.25% | #74 |
| 2025 | 43 | 12 | 53.5% | 6.69% | #77 |
What Carrington Mortgage Services lends in South Dakota
By loan purpose
By loan type
Why it denied South Dakota applicants
Where in South Dakota
Counties with the most Carrington Mortgage Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pennington County | 8 | 2 | 4 | 50.0% |
| Minnehaha County | 6 | 2 | 3 | 50.0% |
| Butte County | 5 | 3 | 2 | 40.0% |
| Davison County | 3 | 1 | 2 | 66.7% |
| Moody County | 3 | 0 | 3 | 100.0% |
| Turner County | 3 | 0 | 2 | 66.7% |
| Lincoln County | 3 | 2 | 0 | 0.0% |
| Meade County | 2 | 0 | 2 | 100.0% |
| Grant County | 1 | 0 | 0 | 0.0% |
| Fall River County | 1 | 1 | 0 | 0.0% |
Other large lenders in South Dakota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Plains Commerce Bank | B | 2,280 | 5.5% | 6.25% |
| First PREMIER Bank | C | 1,389 | 11.7% | 6.88% |
| First Bank & Trust | C | 1,320 | 11.2% | 6.63% |
| Black Hills Federal Credit Union | D | 1,223 | 23.0% | 7.75% |
| Rocket Mortgage | C | 1,027 | 16.9% | 6.75% |
| CMG Mortgage | A | 919 | 2.3% | 6.38% |
| Bankwest | F | 786 | 14.0% | 7.25% |
| First Dakota National Bank | A | 690 | 4.6% | 6.50% |
| Levo Federal Credit Union | B | 644 | 6.8% | 7.50% |
| U.S. Bank | D | 637 | 24.0% | 6.99% |
Frequently asked questions
South Dakota: 43 applications in 2025, of which 12 were originated and 23 denied.
53.5% of all applications, or 60.5% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.
The median rate on loans Carrington Mortgage Services originated in South Dakota in 2025 was 6.69%, against a statewide median of 6.50%.
About this data. Figures are Carrington Mortgage Services'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