Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Minnehaha County, South Dakota
Every institution that decided a 1–4 unit mortgage application in Minnehaha County, home to Sioux Falls, between 2023 and 2025: 14,500 applications, 12,446 loans actually funded, across 8 kinds of borrowing.
Minnehaha County at a glance
14,500Applications decided
2023–2025
12,446Loans funded
86% of decisions
47Census tracts
12 ZIP codes
200,689People
ACS 2023
What the data shows
The typical purchase mortgage here is $275K.
Lending by loan type in Minnehaha County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 91.6% | 7,997 | $275K | 99% | 189 |
| Home improvement loans | 76.9% | 1,408 | $55K | 94% | 54 |
| Cash-out refinance | 80.1% | 2,367 | $85K | 98% | 87 |
| Refinance | 82.5% | 1,622 | $215K | 97% | 102 |
| Investment property purchase | 95.6% | 816 | $185K | 99% | 87 |
| Investment cash-out refinance | 69.1% | 55 | $165K | 95% | 29 |
| Investment refinance | 92.5% | 187 | $165K | 99% | 43 |
| Investment home improvement | 79.2% | 48 | $55K | 95% | 20 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.