The Loan Store in South Dakota vs the state
11.1%Denial rate-1.64 pts vs state
11.1%Decision denial rate-4.62 pts vs state
88.9%Origination rate+22.85 pts vs state
6.93%Median rate+0.43 pts vs state
0.37Rate spread (pts)+0.18 pts vs state
$140kMedian applicant income
8Loans originated
1Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 11 | 7 | 9.1% | 6.88% | #119 |
| 2025 | 9 | 8 | 11.1% | 6.93% | #142 |
What The Loan Store lends in South Dakota
By loan purpose
By loan type
Why it denied South Dakota applicants
Where in South Dakota
Counties with the most The Loan Store applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Meade County | 2 | 2 | 0 | 0.0% |
| Minnehaha County | 2 | 2 | 0 | 0.0% |
| Hughes County | 1 | 1 | 0 | 0.0% |
| Pennington County | 1 | 1 | 0 | 0.0% |
| Lawrence County | 1 | 0 | 1 | 100.0% |
| Yankton County | 1 | 1 | 0 | 0.0% |
| Deuel 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: 9 applications in 2025, of which 8 were originated and 1 denied.
11.1% of all applications, or 11.1% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.
The median rate on loans The Loan Store originated in South Dakota in 2025 was 6.93%, against a statewide median of 6.50%.
About this data. Figures are The Loan Store'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