Largest lenders in Fall River County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Black Hills Federal Credit Union | D | 55 | 32 | 18.2% | 7.37% |
| 2 | First Interstate Bank | D | 30 | 16 | 40.0% | 8.50% |
| 3 | Black Hills Community Bank | C | 24 | 17 | 8.3% | — |
| 4 | Rocket Mortgage | C | 23 | 13 | 26.1% | 6.75% |
| 5 | Granite Bank | B | 19 | 15 | 10.5% | 6.49% |
| 6 | AmeriSave Mortgage | D | 13 | 2 | 76.9% | 6.50% |
| 7 | CMG Mortgage | A | 12 | 11 | 0.0% | 6.63% |
| 8 | Mortgage Research Center | C | 11 | 4 | 0.0% | 6.19% |
| 9 | Plains Commerce Bank | B | 10 | 7 | 10.0% | 6.63% |
| 10 | New Day Financial | F | 9 | 3 | 0.0% | 6.49% |
| 11 | Pennymac Loan Services | C | 7 | 3 | 14.3% | 5.50% |
| 12 | Broker Solutions | D | 7 | 0 | 14.3% | — |
| 13 | Bankwest | F | 6 | 4 | 16.7% | 7.88% |
| 14 | Lakeview Loan Servicing | C | 5 | 2 | 20.0% | 6.25% |
What Fall River County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Fall River County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 277 | 160 | 15.9% | 6.99% | $175,000 |
| 2024 | 298 | 177 | 17.8% | 7.38% | $155,000 |
| 2025 | 334 | 192 | 18.9% | 6.63% | $195,000 |
Frequently asked questions
18.9% of applications in Fall River County were denied in 2025, against 12.8% statewide in South Dakota.
Black Hills Federal Credit Union, with 55 applications in 2025 and a denial rate of 18.2%.
The median mortgage application in Fall River County in 2025 was for $195,000; the median property value on originated loans was $315,000.