Primebank · South Dakota · 2025

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

Primebank took 16 mortgage applications in South Dakota in 2025, ranking #116 of 386 lenders active in the state. It originated 87.5% of them and denied 6.3% (6.3% of the applications it decided), against a statewide denial rate of 12.8%.

16Applicationsin SD
6.3%Decision denial ratestate 15.7%
Median ratestate 6.50%
$240,000Median loanstate $225,000
$3.7MVolume4 counties

Primebank in South Dakota vs the state

6.3%Denial rate-6.50 pts vs state
6.3%Decision denial rate-9.48 pts vs state
87.5%Origination rate+21.46 pts vs state
Median rate
Rate spread (pts)
$110kMedian applicant income
14Loans originated
1Denied

Trend in South Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202326240.0%6.25%#86
2024980.0%#131
202516146.3%#116

What Primebank lends in South Dakota

By loan purpose

Home purchase 12 75% · 0.0% denied
Refinance 1 6% · 0.0% denied
Cash-out refinance 1 6% · 100.0% denied
Home improvement 1 6% · 0.0% denied
Other / HELOC 1 6% · 0.0% denied

By loan type

Conventional 16 100% · 6.3% denied

Where in South Dakota

Counties with the most Primebank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Union County 13111 7.7%
Minnehaha County 110 0.0%
Pennington County 110 0.0%
Lincoln 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: 16 applications in 2025, of which 14 were originated and 1 denied.

6.3% of all applications, or 6.3% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Primebank'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