Largest lenders in Dakota County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | 21st Mortgage | F | 65 | 24 | 44.6% | 9.89% |
| 2 | Siouxland Federal Credit Union | C | 63 | 46 | 11.1% | 6.25% |
| 3 | Central Bank | A | 34 | 24 | 8.8% | 6.38% |
| 4 | Primebank | A | 30 | 29 | 3.3% | — |
| 5 | BankFirst | B | 27 | 20 | 14.8% | — |
| 6 | Rocket Mortgage | C | 24 | 14 | 25.0% | 7.18% |
| 7 | U.S. Bank | D | 17 | 12 | 17.7% | 6.56% |
| 8 | Northwest Bank | A | 16 | 13 | 6.3% | 6.88% |
| 9 | Charter West Bank | C | 16 | 12 | 12.5% | 6.81% |
| 10 | Availa Bank | C | 13 | 12 | 0.0% | — |
| 11 | Great Southern Bank | C | 12 | 10 | 0.0% | 6.44% |
| 12 | Freedom Mortgage | B | 11 | 8 | 0.0% | 6.50% |
| 13 | The Security National Bank of Sioux City, Iowa | C | 11 | 7 | 0.0% | — |
| 14 | Iowa Bankers Mortgage | B | 8 | 8 | 0.0% | 6.19% |
| 15 | West Gate Bank | A | 7 | 6 | 14.3% | 5.88% |
| 16 | Wells Fargo Bank | B | 6 | 5 | 16.7% | 6.38% |
| 17 | First Community Bank | – | 6 | 5 | 16.7% | — |
| 18 | Newrez | D | 6 | 1 | 33.3% | 6.25% |
| 19 | Mortgage Research Center | C | 6 | 3 | 0.0% | 6.13% |
| 20 | Figure Lending | C | 6 | 4 | 16.7% | 9.55% |
| 21 | F&M Bank | – | 5 | 5 | 0.0% | — |
| 22 | Peoples Bank | C | 5 | 3 | 0.0% | — |
| 23 | Premier Credit Union | A | 5 | 5 | 0.0% | 7.00% |
Best approval odds in Dakota County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Siouxland Federal Credit Union | 55 | 12.7% |
| 2 | 21st Mortgage | 53 | 54.7% |
What Dakota County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Dakota County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 463 | 281 | 20.5% | 6.88% | $125,000 |
| 2024 | 419 | 258 | 17.7% | 6.75% | $115,000 |
| 2025 | 486 | 318 | 16.5% | 6.63% | $125,000 |
Frequently asked questions
16.5% of applications in Dakota County were denied in 2025, against 12.5% statewide in Nebraska.
21st Mortgage, with 65 applications in 2025 and a denial rate of 44.6%.
The median mortgage application in Dakota County in 2025 was for $125,000; the median property value on originated loans was $255,000.