PHH Mortgage in South Dakota vs the state
15.6%Denial rate+2.88 pts vs state
20.8%Decision denial rate+5.10 pts vs state
53.1%Origination rate-12.91 pts vs state
5.88%Median rate-0.63 pts vs state
-0.15Rate spread (pts)-0.33 pts vs state
$130kMedian applicant income
17Loans originated
5Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 7 | 4 | 0.0% | 6.56% | #141 |
| 2024 | 11 | 6 | 9.1% | 5.81% | #117 |
| 2025 | 32 | 17 | 15.6% | 5.88% | #88 |
What PHH 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 PHH Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pennington County | 9 | 4 | 2 | 22.2% |
| Meade County | 5 | 2 | 2 | 40.0% |
| Minnehaha County | 3 | 1 | 1 | 33.3% |
| Fall River County | 2 | 2 | 0 | 0.0% |
| Davison County | 2 | 2 | 0 | 0.0% |
| Lawrence County | 2 | 1 | 0 | 0.0% |
| Lincoln County | 2 | 1 | 0 | 0.0% |
| Hanson County | 1 | 1 | 0 | 0.0% |
| Moody County | 1 | 0 | 0 | 0.0% |
| Codington 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: 32 applications in 2025, of which 17 were originated and 5 denied.
15.6% of all applications, or 20.8% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.
The median rate on loans PHH Mortgage originated in South Dakota in 2025 was 5.88%, against a statewide median of 6.50%.
About this data. Figures are PHH 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