Mortgage lending in Lincoln County
2,011 mortgages were originated in Lincoln County, South Dakota, in 2025.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 2,011
- Median rate
- 6.500%
- Median lender fees
- $4,964
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $265,000
- Above the going rate (spread over APOR)
- 0.097
- Paid discount points
- 25.9%
- Received lender credits
- 24.4%
- Purchases / refinances
- 56.8% / 28.9%
- Conventional / FHA / VA
- 79.8% / 10.6% / 9.1%
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 66.4% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $541,287
- Median home price
- $405,000
- That home, 20% down
- $324,000
A median-priced home with 20% down leaves $508,750 of room under the conforming limit, so the ceiling rarely binds on an ordinary purchase.
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Median price is HUD's figure for the 2026 limit calculation, not a live market quote.
Who lent here
Lenders with at least 50 loans in Lincoln County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Plains Commerce Bank | 288 | $6,498 | 6.250% |
| First PREMIER Bank | 183 | $5,622 | 6.750% |
| First International Bank & Trust | 148 | $4,623 | 6.500% |
| Levo Federal Credit Union | 148 | $750 | 7.250% |
| First Bank & Trust | 143 | $5,403 | 6.625% |
| First Dakota National Bank | 84 | $3,057 | 6.500% |
| Central Bank | 77 | $5,602 | 6.500% |
| Fairway Independent Mortgage Corporation | 74 | $6,546 | 6.250% |
| U.S. Bank National Association | 54 | — | 8.450% |
| Rocket Mortgage, LLC | 53 | $5,179 | 6.490% |
What lenders charged here
Lender fees on a $265,000 loan, based on what was actually charged in Lincoln County — not a rule of thumb.
From 1,336 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, taxes and the escrow deposit your lender collects up front for future tax and insurance bills are extra and not in these figures. Compare two offers