Mortgage Solutions of Colorado · South Dakota · 2025

Mortgage Solutions of Colorado in South Dakota: approval rate, denial rate and rates (2025)

Mortgage Solutions of Colorado took 18 mortgage applications in South Dakota in 2025, ranking #109 of 386 lenders active in the state. It originated 55.6% of them and denied 5.6% (8.3% of the applications it decided), against a statewide denial rate of 12.8%.

18Applicationsin SD
8.3%Decision denial ratestate 15.7%
7.63%Median ratestate 6.50%
$295,000Median loanstate $225,000
$3.2MVolume12 counties

Mortgage Solutions of Colorado in South Dakota vs the state

5.6%Denial rate-7.19 pts vs state
8.3%Decision denial rate-7.40 pts vs state
55.6%Origination rate-10.48 pts vs state
7.63%Median rate+1.13 pts vs state
0.96Rate spread (pts)+0.78 pts vs state
$116kMedian applicant income
10Loans originated
1Denied

What Mortgage Solutions of Colorado lends in South Dakota

By loan purpose

Home purchase 13 72% · 7.7% denied
Refinance 2 11% · 0.0% denied
Cash-out refinance 3 17% · 0.0% denied

By loan type

Conventional 4 22% · 0.0% denied
FHA 3 17% · 0.0% denied
VA 11 61% · 9.1% denied

Why it denied South Dakota applicants

Insufficient cash 1 100%

Where in South Dakota

Counties with the most Mortgage Solutions of Colorado applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Davison County 530 0.0%
Pennington County 210 0.0%
Meade County 210 0.0%
Hutchinson County 101 100.0%
Minnehaha County 100 0.0%
Roberts County 110 0.0%
Kingsbury County 110 0.0%
Butte County 110 0.0%
Lake County 110 0.0%
Hanson County 100 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: 18 applications in 2025, of which 10 were originated and 1 denied.

5.6% of all applications, or 8.3% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

The median rate on loans Mortgage Solutions of Colorado originated in South Dakota in 2025 was 7.63%, against a statewide median of 6.50%.

About this data. Figures are Mortgage Solutions of Colorado'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