Largest lenders in Beadle County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | American Bank & Trust | C | 102 | 60 | 17.7% | 6.50% |
| 2 | First National Bank | B | 76 | 62 | 11.8% | — |
| 3 | Rocket Mortgage | C | 14 | 9 | 21.4% | 6.75% |
| 4 | BMO Bank | F | 11 | 5 | 36.4% | 8.93% |
| 5 | First PREMIER Bank | C | 10 | 6 | 10.0% | 6.25% |
| 6 | Newrez | D | 9 | 3 | 0.0% | 7.63% |
| 7 | AmeriSave Mortgage | D | 6 | 3 | 50.0% | 7.63% |
| 8 | Plains Commerce Bank | B | 6 | 4 | 0.0% | 6.06% |
Best approval odds in Beadle County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | First National Bank | 71 | 12.7% |
| 2 | American Bank & Trust | 78 | 23.1% |
What Beadle County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Beadle County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 234 | 140 | 17.5% | 6.63% | $130,000 |
| 2024 | 298 | 165 | 18.5% | 6.50% | $165,000 |
| 2025 | 308 | 187 | 16.6% | 6.63% | $165,000 |
Frequently asked questions
16.6% of applications in Beadle County were denied in 2025, against 12.8% statewide in South Dakota.
American Bank & Trust, with 102 applications in 2025 and a denial rate of 17.7%.
The median mortgage application in Beadle County in 2025 was for $165,000; the median property value on originated loans was $225,000.