Triad Financial Services · South Dakota · 2025

Triad Financial Services in South Dakota: approval rate, denial rate and rates (2025)

Triad Financial Services took 126 mortgage applications in South Dakota in 2025, ranking #51 of 386 lenders active in the state. It originated 23.0% of them and denied 48.4% (49.2% of the applications it decided), against a statewide denial rate of 12.8%.

126Applicationsin SD
49.2%Decision denial ratestate 15.7%
8.80%Median ratestate 6.50%
$85,000Median loanstate $225,000
$2.7MVolume22 counties

Triad Financial Services in South Dakota vs the state

48.4%Denial rate+35.66 pts vs state
49.2%Decision denial rate+33.46 pts vs state
23.0%Origination rate-43.02 pts vs state
8.80%Median rate+2.30 pts vs state
3.31Rate spread (pts)+3.12 pts vs state
$63kMedian applicant income
29Loans originated
61Denied

Trend in South Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231122560.7%8.25%#42
2024941754.3%10.50%#49
20251262948.4%8.80%#51

What Triad Financial Services lends in South Dakota

By loan purpose

Home purchase 126 100% · 48.4% denied

By loan type

Conventional 126 100% · 48.4% denied

Why it denied South Dakota applicants

Debt-to-income ratio 23 38%
Credit history 19 31%
Other 10 16%
Incomplete application 7 11%
Collateral 2 3%

Where in South Dakota

Counties with the most Triad Financial Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Minnehaha County 421021 50.0%
Pennington County 24712 50.0%
Clay County 18310 55.6%
Custer County 605 83.3%
Lincoln County 514 80.0%
Codington County 502 40.0%
Meade County 412 50.0%
Turner County 302 66.7%
Hughes County 311 33.3%
Davison County 220 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: 126 applications in 2025, of which 29 were originated and 61 denied.

48.4% of all applications, or 49.2% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

The median rate on loans Triad Financial Services originated in South Dakota in 2025 was 8.80%, against a statewide median of 6.50%.

About this data. Figures are Triad Financial Services'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