Kind Lending in South Dakota vs the state
17.5%Denial rate+4.71 pts vs state
19.3%Decision denial rate+3.57 pts vs state
70.6%Origination rate+4.59 pts vs state
6.38%Median rate-0.13 pts vs state
0.07Rate spread (pts)-0.11 pts vs state
$108kMedian applicant income
89Loans originated
22Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 28 | 16 | 21.4% | 7.00% | #80 |
| 2024 | 83 | 68 | 12.1% | 6.50% | #52 |
| 2025 | 126 | 89 | 17.5% | 6.38% | #50 |
What Kind Lending lends in South Dakota
By loan purpose
By loan type
Why it denied South Dakota applicants
Where in South Dakota
Counties with the most Kind Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pennington County | 73 | 54 | 11 | 15.1% |
| Meade County | 28 | 19 | 5 | 17.9% |
| Butte County | 6 | 1 | 3 | 50.0% |
| Minnehaha County | 6 | 5 | 1 | 16.7% |
| Lawrence County | 4 | 4 | 0 | 0.0% |
| Fall River County | 3 | 2 | 1 | 33.3% |
| Hughes County | 2 | 1 | 0 | 0.0% |
| Yankton County | 1 | 0 | 1 | 100.0% |
| Codington County | 1 | 1 | 0 | 0.0% |
| Custer 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: 126 applications in 2025, of which 89 were originated and 22 denied.
17.5% of all applications, or 19.3% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.
The median rate on loans Kind Lending originated in South Dakota in 2025 was 6.38%, against a statewide median of 6.50%.
About this data. Figures are Kind Lending'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