Largest lenders in Davison County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Plains Commerce Bank | B | 76 | 54 | 7.9% | 6.25% |
| 2 | First Dakota National Bank | A | 60 | 54 | 1.7% | 6.91% |
| 3 | Cortrust Mortgage | B | 44 | 33 | 9.1% | 6.13% |
| 4 | Bankwest | F | 36 | 32 | 5.6% | 7.35% |
| 5 | CorTrust Bank | B | 35 | 31 | 0.0% | — |
| 6 | U.S. Bank | D | 27 | 19 | 25.9% | 6.38% |
| 7 | Rocket Mortgage | C | 20 | 14 | 20.0% | 7.12% |
| 8 | United Shore Financial Services | B | 18 | 12 | 11.1% | 6.13% |
| 9 | First National Bank of Omaha | C | 13 | 10 | 0.0% | 6.84% |
| 10 | First PREMIER Bank | C | 13 | 7 | 15.4% | 6.50% |
| 11 | AmeriSave Mortgage | D | 9 | 3 | 55.6% | 6.75% |
| 12 | First Bank & Trust | C | 8 | 5 | 12.5% | 6.13% |
| 13 | Coastal Community Bank | C | 8 | 4 | 0.0% | 8.24% |
| 14 | Mortgage Research Center | C | 6 | 4 | 33.3% | 6.56% |
| 15 | Village Capital & Investment | C | 5 | 0 | 20.0% | — |
| 16 | Mortgage Solutions of Colorado | C | 5 | 3 | 0.0% | 6.38% |
| 17 | Nationstar Mortgage | C | 5 | 4 | 0.0% | 6.25% |
| 18 | Newrez | D | 5 | 3 | 0.0% | 6.13% |
| 19 | Broker Solutions | D | 5 | 2 | 20.0% | 6.56% |
Best approval odds in Davison County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | First Dakota National Bank | 55 | 1.8% |
| 2 | Plains Commerce Bank | 60 | 10.0% |
What Davison County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Davison County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 426 | 299 | 14.1% | 6.75% | $145,000 |
| 2024 | 511 | 358 | 10.2% | 6.63% | $165,000 |
| 2025 | 492 | 346 | 11.2% | 6.50% | $195,000 |
Frequently asked questions
11.2% of applications in Davison County were denied in 2025, against 12.8% statewide in South Dakota.
Plains Commerce Bank, with 76 applications in 2025 and a denial rate of 7.9%.
The median mortgage application in Davison County in 2025 was for $195,000; the median property value on originated loans was $265,000.