Kiavi Funding · South Dakota · 2025

Kiavi Funding in South Dakota: approval rate, denial rate and rates (2025)

Kiavi Funding took 8 mortgage applications in South Dakota in 2025, ranking #146 of 386 lenders active in the state. It originated 62.5% of them and denied 25.0% (28.6% of the applications it decided), against a statewide denial rate of 12.8%.

8Applicationsin SD
28.6%Decision denial ratestate 15.7%
11.49%Median ratestate 6.50%
$220,000Median loanstate $225,000
$1.1MVolume4 counties

Kiavi Funding in South Dakota vs the state

25.0%Denial rate+12.25 pts vs state
28.6%Decision denial rate+12.84 pts vs state
62.5%Origination rate-3.54 pts vs state
11.49%Median rate+4.99 pts vs state
Rate spread (pts)
Median applicant income
5Loans originated
2Denied

What Kiavi Funding lends in South Dakota

By loan purpose

Home purchase 6 75% · 16.7% denied
Refinance 2 25% · 50.0% denied

By loan type

Conventional 8 100% · 25.0% denied

Why it denied South Dakota applicants

Collateral 1 50%
Other 1 50%

Where in South Dakota

Counties with the most Kiavi Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Minnehaha County 311 33.3%
Pennington County 330 0.0%
Lincoln County 101 100.0%
Lawrence 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: 8 applications in 2025, of which 5 were originated and 2 denied.

25.0% of all applications, or 28.6% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

The median rate on loans Kiavi Funding originated in South Dakota in 2025 was 11.49%, against a statewide median of 6.50%.

About this data. Figures are Kiavi Funding'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