Yankton County, South Dakota · 2025

Mortgage lenders in Yankton County, SD: denial rates and top lenders (2025)

85 lenders acted on 527 mortgage applications for properties in Yankton County in 2025. 13.3% were denied (South Dakota: 12.8%). Median rate on closed loans 6.38%; median loan $205,000; median property value $295,000.

527Applications
13.3%Denial ratestate 12.8%
6.38%Median ratestate 6.50%
$205,000Median loan
$295,000Median property value

Largest lenders in Yankton County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 First Dakota National Bank A 10382 8.7%6.13%
2 Cortrust Mortgage B 4133 4.9%6.13%
3 First National Bank of Omaha C 4026 20.0%7.05%
4 Plains Commerce Bank B 2515 12.0%6.25%
5 CorTrust Bank B 2522 8.0%
6 Rocket Mortgage C 2416 16.7%7.31%
7 First International Bank & Trust B 1611 6.3%6.13%
8 United Shore Financial Services B 157 33.3%6.63%
9 Guaranteed Rate B 138 7.7%6.24%
10 Freedom Mortgage B 123 16.7%6.75%
11 21st Mortgage F 110 45.5%
12 First Interstate Bank D 105 20.0%7.13%
13 CU Mortgage Direct B 96 11.1%6.00%
14 First PREMIER Bank C 83 25.0%6.75%
15 Crosscountry Mortgage B 85 0.0%6.58%
16 Fairway Independent Mortgage B 87 0.0%6.88%
17 Mortgage Research Center C 83 25.0%5.99%
18 Pennymac Loan Services C 73 14.3%6.63%
19 Loandepot.Com D 75 14.3%7.38%
20 Farm Credit Mid-America D 75 0.0%6.88%
21 Wells Fargo Bank B 64 0.0%6.38%
22 U.S. Bank D 63 33.3%6.63%
23 Bankwest F 61 33.3%6.50%
24 Rivers Edge Bank 66 0.0%
25 AmeriSave Mortgage D 52 40.0%9.06%

Best approval odds in Yankton County

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

#LenderDecidedDecision denial rate
1First Dakota National Bank919.9%

What Yankton County borrowers applied for

By loan purpose

Home purchase 297 56% · 8.8% denied
Refinance 85 16% · 15.3% denied
Cash-out refinance 75 14% · 24.0% denied
Home improvement 43 8% · 18.6% denied
Other / HELOC 27 5% · 18.5% denied

By loan type

Conventional 381 72% · 13.1% denied
FHA 87 17% · 17.2% denied
VA 48 9% · 8.3% denied
USDA / RHS 11 2% · 9.1% denied

Why applications were denied

Credit history 25 37%
Debt-to-income ratio 19 28%
Collateral 10 15%
Incomplete application 8 12%
Other 2 3%
Unverifiable information 2 3%
Insufficient cash 1 1%
Mortgage insurance denied 1 1%

Yankton County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202344729414.1%6.75%$175,000
202450234114.1%6.63%$195,000
202552734313.3%6.38%$205,000

Frequently asked questions

13.3% of applications in Yankton County were denied in 2025, against 12.8% statewide in South Dakota.

First Dakota National Bank, with 103 applications in 2025 and a denial rate of 8.7%.

The median mortgage application in Yankton County in 2025 was for $205,000; the median property value on originated loans was $295,000.