Mortgage Lenders in Meade County, SD (2025): Denial Rates & Top Lenders

Largest lenders in Meade County

#	Lender	Grade	Applications	Originated	Denial rate	Median rate
1	Black Hills Federal Credit Union	D	151	101	18.5%	7.75%
2	CMG Mortgage	A	139	109	3.6%	6.25%
3	United Shore Financial Services	B	59	48	6.8%	6.07%
4	Gateway First Bank	B	54	48	1.9%	6.13%
5	Mortgage Research Center	C	45	20	24.4%	6.06%
6	Rocket Mortgage	C	44	33	11.4%	6.38%
7	Plains Commerce Bank	B	40	30	0.0%	6.44%
8	Pennymac Loan Services	C	38	26	2.6%	6.81%
9	First Interstate Bank	D	34	17	38.2%	8.25%
10	American Neighborhood Mortgage Acceptance Company	B	31	19	0.0%	6.50%
11	Kind Lending	C	28	19	17.9%	6.25%
12	Bankwest	F	28	17	10.7%	7.75%
13	Pioneer Bank & Trust	C	27	20	3.7%	—
14	Lakeview Loan Servicing	C	24	9	45.8%	6.25%
15	Newrez	D	24	6	12.5%	6.37%
16	Freedom Mortgage	B	21	12	19.1%	5.75%
17	Granite Bank	B	20	17	0.0%	6.25%
18	U.S. Bank	D	18	10	27.8%	8.38%
19	First National Bank	B	17	12	5.9%	—
20	AmeriSave Mortgage	D	16	7	43.8%	9.38%
21	Aspen	–	15	7	6.7%	7.65%
22	American Pacific Mortgage	C	15	12	6.7%	6.25%
23	Dacotah Bank	B	13	10	15.4%	6.75%
24	Black Hills Community Bank	C	13	10	15.4%	—
25	Northern Hills Federal Credit Union	–	8	6	0.0%	—

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#	Lender	Decided	Decision denial rate
1	CMG Mortgage	120	4.2%
2	United Shore Financial Services	52	7.7%
3	Black Hills Federal Credit Union	133	21.1%

Home purchase 500 44% · 5.4% denied

Refinance 248 22% · 10.5% denied

Cash-out refinance 203 18% · 22.2% denied

Home improvement 72 6% · 27.8% denied

Other / HELOC 107 9% · 24.3% denied

Conventional 687 61% · 14.0% denied

FHA 148 13% · 13.5% denied

VA 278 25% · 9.7% denied

USDA / RHS 17 2% · 5.9% denied

Debt-to-income ratio 41 29%

Credit history 32 22%

Collateral 23 16%

Incomplete application 18 13%

Other 16 11%

Unverifiable information 9 6%

Insufficient cash 2 1%

Mortgage insurance denied 1 1%

Employment history 1 1%

Year	Applications	Originated	Denial rate	Median rate	Median loan
2023	913	593	12.9%	7.00%	$225,000
2024	968	592	15.0%	6.88%	$245,000
2025	1,130	742	12.7%	6.50%	$295,000

What is the mortgage denial rate in Meade County, SD?

12.7% of applications in Meade County were denied in 2025, against 12.8% statewide in South Dakota.

Who is the largest mortgage lender in Meade County?

Black Hills Federal Credit Union, with 151 applications in 2025 and a denial rate of 18.5%.

What is the typical loan size in Meade County?

The median mortgage application in Meade County in 2025 was for $295,000; the median property value on originated loans was $415,000.