Mortgage lending in Minnehaha County
4,705 mortgages were originated in Minnehaha 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
- 4,705
- Median rate
- 6.500%
- Median lender fees
- $4,613
- Median loan amount
- $235,000
- Median spread over APOR
- 0.154
- Paid discount points
- 23.3%
- Received lender credits
- 22.4%
- Purchases / refinances
- 59% / 28.4%
- Conventional / FHA / VA
- 79.3% / 13.4% / 7.2%
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 63.3% 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 Minnehaha County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Plains Commerce Bank | 701 | $6,320 | 6.250% |
| First PREMIER Bank | 470 | $4,723 | 6.875% |
| Levo Federal Credit Union | 345 | $750 | 7.500% |
| First International Bank & Trust | 278 | $3,630 | 6.625% |
| First Bank & Trust | 267 | $5,338 | 6.500% |
| First Dakota National Bank | 190 | $2,628 | 6.500% |
| Fairway Independent Mortgage Corporation | 173 | $5,212 | 6.250% |
| Central Bank | 160 | $5,991 | 6.375% |
| Rocket Mortgage, LLC | 156 | $4,791 | 6.813% |
| U.S. Bank National Association | 115 | $3,395 | 7.375% |
What lenders charged here
Lender fees on a $235,000 loan, based on what was actually charged in Minnehaha County — not a rule of thumb.
From 2,978 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