The First National Bank in Sioux Falls mortgage approval rate & lending review
The First National Bank in Sioux Falls decided 303 mortgage applications and funded 288 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions The First National Bank in Sioux Falls reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
The First National Bank in Sioux Falls at a glance
Approval is 16.2 points above the 81.4% 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 | 99% | 174 / 175 | 96% | $275K | 167 |
| Home improvement loans | 85% | 29 / 34 | 100% | $55K | 29 |
| Cash-out refinance | 97% | 30 / 31 | 97% | $95K | 29 |
| Investment property purchase | 100% | 32 / 32 | 100% | $205K | 32 |
The First National Bank in Sioux Falls lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| South Dakota | 98% | $275K | 296 | 281 |
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 The First National Bank in Sioux Falls lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Minnehaha County, SD | Mortgage lenders | 99% | 173 | 165 |
| Minnehaha County, SD | Home improvement loans | 85% | 34 | 29 |
| Minnehaha County, SD | Cash-out refinance | 97% | 31 | 29 |
| Minnehaha County, SD | Investment property purchase | 100% | 27 | 27 |
The county markets where The First National Bank in Sioux Falls made the most loans. Each link opens that market with every lender ranked.
Questions about The First National Bank in Sioux Falls
What is The First National Bank in Sioux Falls's mortgage approval rate?
The First National Bank in Sioux Falls approved 97.7% of the 303 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 16.2 points above the 81.4% national rate for the same mix of loan types.
How often do borrowers take the loan The First National Bank in Sioux Falls offers?
Borrowers accepted 97% of the loans The First National Bank in Sioux Falls 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 The First National Bank in Sioux Falls make?
The typical home purchase mortgage loan The First National Bank in Sioux Falls made was $275K; across all loan types its typical loan ran from $55K to $275K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does The First National Bank in Sioux Falls lend?
The First National Bank in Sioux Falls decided applications in 4 of the states Fat Boy Data covers, most of them in South Dakota, North Dakota and Arizona.
Can I apply to The First National Bank in Sioux Falls directly?
Yes. The First National Bank in Sioux Falls is a bank or credit union with 19 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show The First National Bank in Sioux Falls'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 The First National Bank in Sioux Falls treats applications, then get a rate quote from the lender.