Cortrust Mortgage in South Dakota vs the state
5.4%Denial rate-7.38 pts vs state
6.5%Decision denial rate-9.20 pts vs state
76.9%Origination rate+10.81 pts vs state
6.13%Median rate-0.38 pts vs state
-0.07Rate spread (pts)-0.25 pts vs state
$104kMedian applicant income
229Loans originated
16Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 255 | 188 | 8.2% | 6.50% | #24 |
| 2024 | 260 | 216 | 3.5% | 6.25% | #23 |
| 2025 | 298 | 229 | 5.4% | 6.13% | #24 |
What Cortrust Mortgage lends in South Dakota
By loan purpose
By loan type
Why it denied South Dakota applicants
Where in South Dakota
Counties with the most Cortrust Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Minnehaha County | 68 | 57 | 1 | 1.5% |
| Davison County | 44 | 33 | 4 | 9.1% |
| Yankton County | 41 | 33 | 2 | 4.9% |
| Lincoln County | 38 | 27 | 2 | 5.3% |
| Brown County | 35 | 28 | 1 | 2.9% |
| Clay County | 11 | 8 | 1 | 9.1% |
| Hanson County | 7 | 4 | 0 | 0.0% |
| Bon Homme County | 5 | 3 | 0 | 0.0% |
| Day County | 4 | 3 | 0 | 0.0% |
| Miner County | 4 | 2 | 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: 298 applications in 2025, of which 229 were originated and 16 denied.
5.4% of all applications, or 6.5% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.
The median rate on loans Cortrust Mortgage originated in South Dakota in 2025 was 6.13%, against a statewide median of 6.50%.
About this data. Figures are Cortrust 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