Largest lenders in Custer County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Black Hills Federal Credit Union | D | 74 | 46 | 20.3% | 7.50% |
| 2 | Rocket Mortgage | C | 26 | 17 | 26.9% | 5.99% |
| 3 | CMG Mortgage | A | 21 | 17 | 0.0% | 6.13% |
| 4 | Dacotah Bank | B | 17 | 17 | 0.0% | 6.63% |
| 5 | Bankwest | F | 14 | 8 | 14.3% | 8.13% |
| 6 | First Interstate Bank | D | 13 | 9 | 23.1% | 8.25% |
| 7 | Mortgage Research Center | C | 10 | 6 | 10.0% | 6.25% |
| 8 | Pennymac Loan Services | C | 8 | 5 | 12.5% | 7.12% |
| 9 | HIGHMARK Federal Credit Union | – | 8 | 8 | 0.0% | — |
| 10 | Gateway First Bank | B | 8 | 4 | 25.0% | 6.56% |
| 11 | Aspen | – | 7 | 4 | 14.3% | 6.50% |
| 12 | Granite Bank | B | 7 | 4 | 14.3% | 6.38% |
| 13 | American Neighborhood Mortgage Acceptance Company | B | 7 | 4 | 0.0% | 6.44% |
| 14 | Broker Solutions | D | 7 | 0 | 14.3% | — |
| 15 | AmeriSave Mortgage | D | 6 | 1 | 83.3% | 8.13% |
| 16 | United Shore Financial Services | B | 6 | 6 | 0.0% | 6.31% |
| 17 | Triad Financial Services | D | 6 | 0 | 83.3% | — |
| 18 | U.S. Bank | D | 5 | 1 | 40.0% | 9.95% |
Best approval odds in Custer County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Black Hills Federal Credit Union | 63 | 23.8% |
What Custer County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Custer County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 322 | 203 | 14.9% | 6.88% | $245,000 |
| 2024 | 334 | 205 | 15.9% | 7.00% | $215,000 |
| 2025 | 358 | 225 | 17.0% | 6.63% | $240,000 |
Frequently asked questions
17.0% of applications in Custer County were denied in 2025, against 12.8% statewide in South Dakota.
Black Hills Federal Credit Union, with 74 applications in 2025 and a denial rate of 20.3%.
The median mortgage application in Custer County in 2025 was for $240,000; the median property value on originated loans was $485,000.