Crosscountry Mortgage · South Dakota · 2025

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

Crosscountry Mortgage took 239 mortgage applications in South Dakota in 2025, ranking #28 of 386 lenders active in the state. It originated 73.2% of them and denied 4.2% (5.4% of the applications it decided), against a statewide denial rate of 12.8%.

239Applicationsin SD
5.4%Decision denial ratestate 15.7%
6.75%Median ratestate 6.50%
$235,000Median loanstate $225,000
$47MVolume27 counties

Crosscountry Mortgage in South Dakota vs the state

4.2%Denial rate-8.57 pts vs state
5.4%Decision denial rate-10.38 pts vs state
73.2%Origination rate+7.18 pts vs state
6.75%Median rate+0.25 pts vs state
0.52Rate spread (pts)+0.34 pts vs state
$94kMedian applicant income
175Loans originated
10Denied

Trend in South Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232441531.2%6.88%#25
20241871330.5%6.75%#37
20252391754.2%6.75%#28

What Crosscountry Mortgage lends in South Dakota

By loan purpose

Home purchase 164 69% · 0.6% denied
Refinance 17 7% · 0.0% denied
Cash-out refinance 22 9% · 13.6% denied
Home improvement 8 3% · 37.5% denied
Other / HELOC 28 12% · 10.7% denied

By loan type

Conventional 135 56% · 5.2% denied
FHA 74 31% · 4.1% denied
VA 29 12% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied South Dakota applicants

Incomplete application 4 40%
Collateral 2 20%
Debt-to-income ratio 2 20%
Credit history 1 10%
Employment history 1 10%

Where in South Dakota

Counties with the most Crosscountry Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Minnehaha County 126975 4.0%
Lincoln County 33231 3.0%
Turner County 980 0.0%
Yankton County 850 0.0%
Pennington County 750 0.0%
Clay County 650 0.0%
Bon Homme County 531 20.0%
Lawrence County 520 0.0%
McCook County 440 0.0%
Lake County 421 25.0%

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: 239 applications in 2025, of which 175 were originated and 10 denied.

4.2% of all applications, or 5.4% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

The median rate on loans Crosscountry Mortgage originated in South Dakota in 2025 was 6.75%, against a statewide median of 6.50%.

About this data. Figures are Crosscountry 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