Voyage Federal Credit Union · South Dakota · 2025

Voyage Federal Credit Union in South Dakota: approval rate, denial rate and rates (2025)

Voyage Federal Credit Union took 113 mortgage applications in South Dakota in 2025, ranking #53 of 386 lenders active in the state. It originated 65.5% of them and denied 12.4% (14.0% of the applications it decided), against a statewide denial rate of 12.8%.

113Applicationsin SD
14.0%Decision denial ratestate 15.7%
Median ratestate 6.50%
$85,000Median loanstate $225,000
$11MVolume11 counties

Voyage Federal Credit Union in South Dakota vs the state

12.4%Denial rate-0.36 pts vs state
14.0%Decision denial rate-1.73 pts vs state
65.5%Origination rate-0.55 pts vs state
Median rate
Rate spread (pts)
$102kMedian applicant income
74Loans originated
14Denied

Trend in South Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202386649.3%#47
20241227625.4%#46
20251137412.4%#53

What Voyage Federal Credit Union lends in South Dakota

By loan purpose

Home purchase 20 18% · 10.0% denied
Refinance 12 11% · 0.0% denied
Cash-out refinance 79 70% · 15.2% denied
Home improvement 2 2% · 0.0% denied

By loan type

Conventional 113 100% · 12.4% denied

Where in South Dakota

Counties with the most Voyage Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Minnehaha County 63447 11.1%
Clay County 1994 21.1%
Lincoln County 12101 8.3%
Union County 631 16.7%
Yankton County 420 0.0%
McCook County 320 0.0%
Turner County 201 50.0%
Lake County 110 0.0%
Aurora County 110 0.0%
Bon Homme 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: 113 applications in 2025, of which 74 were originated and 14 denied.

12.4% of all applications, or 14.0% 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 Voyage Federal Credit Union'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