First Dakota National Bank mortgage approval rate & lending review
First Dakota National Bank decided 570 mortgage applications and funded 550 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions First Dakota National Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
First Dakota National Bank at a glance
Approval is 12.3 points above the 84.5% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 98% | 372 / 380 | 100% | $315K | 372 |
| Refinance | 99% | 68 / 69 | 100% | $385K | 68 |
| Investment property purchase | 100% | 64 / 64 | 98% | $215K | 63 |
First Dakota National Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| South Dakota | 97% | $315K | 509 | 492 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where First Dakota National Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Minnehaha County, SD | Mortgage lenders | 98% | 353 | 346 |
| Minnehaha County, SD | Refinance | 98% | 64 | 63 |
| Minnehaha County, SD | Investment property purchase | 100% | 43 | 43 |
The county markets where First Dakota National Bank made the most loans. Each link opens that market with every lender ranked.
Questions about First Dakota National Bank
What is First Dakota National Bank's mortgage approval rate?
First Dakota National Bank approved 96.8% of the 570 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.3 points above the 84.5% national rate for the same mix of loan types.
How often do borrowers take the loan First Dakota National Bank offers?
Borrowers accepted 100% of the loans First Dakota National Bank approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does First Dakota National Bank make?
The typical home purchase mortgage loan First Dakota National Bank made was $315K; across all loan types its typical loan ran from $215K to $385K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does First Dakota National Bank lend?
First Dakota National Bank decided applications in 14 of the states Fat Boy Data covers, most of them in South Dakota, Arizona and Iowa.
Can I apply to First Dakota National Bank directly?
Yes. First Dakota National Bank is a bank or credit union with 17 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show First Dakota National Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how First Dakota National Bank treats applications, then get a rate quote from the lender.