Mortgage lending in Codington County
595 mortgages were originated in Codington County, South Dakota, in 2025.
30-year fixed, this week
6.58%
Freddie Mac’s survey average for the week of July 23, 2026 — a year earlier it was 6.75%, and the past year ranged 5.98–6.72%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 595
- Median rate
- 6.688%
- Median lender fees
- $4,640
- Median loan amount
- $195,000
- Median spread over APOR
- 0.278
- Paid discount points
- 22.9%
- Received lender credits
- 18.5%
- Purchases / refinances
- 54.8% / 27.4%
- Conventional / FHA / VA
- 78% / 13.1% / 6.2%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 70.8% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $541,287
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Who lent here
Lenders with at least 50 loans in Codington County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| First Bank & Trust | 92 | $4,635 | 6.375% |
| First PREMIER Bank | 87 | $1,975 | 7.190% |
| American Bank & Trust | 82 | — | 6.826% |
What lenders charged here
Lender fees on a $195,000 loan, based on what was actually charged in Codington County — not a rule of thumb.
From 421 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, escrow and taxes are extra and are not in these figures. Compare two offers