Equity Prime Mortgage in South Dakota vs the state
12.8%Denial rate+0.02 pts vs state
20.7%Decision denial rate+4.96 pts vs state
46.8%Origination rate-19.23 pts vs state
6.38%Median rate-0.13 pts vs state
0.39Rate spread (pts)+0.20 pts vs state
$98kMedian applicant income
22Loans originated
6Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 13 | 7 | 7.7% | 6.75% | #113 |
| 2025 | 47 | 22 | 12.8% | 6.38% | #72 |
What Equity Prime 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 Equity Prime Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Meade County | 7 | 5 | 0 | 0.0% |
| Minnehaha County | 7 | 5 | 1 | 14.3% |
| Pennington County | 6 | 1 | 1 | 16.7% |
| McCook County | 5 | 0 | 2 | 40.0% |
| Butte County | 3 | 2 | 1 | 33.3% |
| Lincoln County | 3 | 1 | 0 | 0.0% |
| Brookings County | 2 | 1 | 0 | 0.0% |
| Edmunds County | 2 | 1 | 0 | 0.0% |
| Custer County | 2 | 1 | 0 | 0.0% |
| Hanson 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: 47 applications in 2025, of which 22 were originated and 6 denied.
12.8% of all applications, or 20.7% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.
The median rate on loans Equity Prime Mortgage originated in South Dakota in 2025 was 6.38%, against a statewide median of 6.50%.
About this data. Figures are Equity Prime 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