Investment property improvement lenders in South Dakota
Fat Boy Data analyzed investment home improvement loan activity in South Dakota to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 84 applications were decided by 30 lenders between 2023 and 2025.
South Dakota at a glance
How South Dakota compares
What the data shows
First PREMIER Bank made the most investment home improvement loans in South Dakota, 13 of them.
Lenders approved 70.2% of investment home improvement loan applications in South Dakota, 19.0 percentage points above the the United States rate of 51.2%.
The typical investment home improvement loan here is $55K, 52% smaller than the the United States typical of $115K.
Investment property improvement lenders in South Dakota
| Lender | Approval | Approved | Taken up | Typical loan | Loans made | |
|---|---|---|---|---|---|---|
| 1 | First PREMIER BankLimited sample | 88% | 14 / 16 | 93% | $55K | 13 |
| 2 | Black Hills Federal Credit UnionLimited sample | 44% | 4 / 9 | 75% | $25K | 3 |
| 3 | First Interstate BankLimited sample | 17% | 1 / 6 | 100% | $55K | 1 |
| 4 | First Bank & TrustLimited sample | 80% | 4 / 5 | 75% | $45K | 3 |
| 5 | The First National Bank in Sioux FallsLimited sample | 100% | 4 / 4 | 100% | $85K | 4 |
Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals the borrower accepted. Lenders with fewer than 20 decisions are marked as a limited sample and are never used for a “highest approval” claim. How these numbers are built.
Fat Boy found 25 more lenders.
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You are seeing the 5 largest investment home improvement loan lenders in South Dakota. Unlock every lender who decided one of these loans here, what they approved, how much borrowers actually took, and how far the nearest office is.
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