Movement Mortgage · South Dakota · 2025

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

Movement Mortgage took 13 mortgage applications in South Dakota in 2025, ranking #122 of 386 lenders active in the state. It originated 61.5% of them and denied 15.4% (20.0% of the applications it decided), against a statewide denial rate of 12.8%.

13Applicationsin SD
20.0%Decision denial ratestate 15.7%
6.50%Median ratestate 6.50%
$275,000Median loanstate $225,000
$2.0MVolume6 counties

Movement Mortgage in South Dakota vs the state

15.4%Denial rate+2.63 pts vs state
20.0%Decision denial rate+4.27 pts vs state
61.5%Origination rate-4.50 pts vs state
6.50%Median rate0.00 pts vs state
0.25Rate spread (pts)+0.07 pts vs state
$135kMedian applicant income
8Loans originated
2Denied

Trend in South Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023640.0%6.69%#154
2024750.0%6.44%#142
202513815.4%6.50%#122

What Movement Mortgage lends in South Dakota

By loan purpose

Home purchase 7 54% · 0.0% denied
Cash-out refinance 4 31% · 0.0% denied
Other / HELOC 2 15% · 100.0% denied

By loan type

Conventional 7 54% · 28.6% denied
FHA 2 15% · 0.0% denied
VA 4 31% · 0.0% denied

Why it denied South Dakota applicants

Collateral 2 100%

Where in South Dakota

Counties with the most Movement Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lawrence County 412 50.0%
Pennington County 320 0.0%
Hutchinson County 220 0.0%
Minnehaha County 220 0.0%
Hughes County 100 0.0%
Meade 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: 13 applications in 2025, of which 8 were originated and 2 denied.

15.4% of all applications, or 20.0% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

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

About this data. Figures are Movement 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