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investment property cash-out lenders · HMDA 2023–2025

Investment property cash-out lenders in Minnehaha County, South Dakota

Fat Boy Data analyzed investment cash-out refinance activity in Minnehaha County, South Dakota, home to Sioux Falls, to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 55 applications were decided by 29 lenders between 2023 and 2025.

Minnehaha County at a glance

29Active lenders0 with 20+ decisions
69.1%Market approval rate38 of 55 decided
$165KTypical loanmedian lender, $10K brackets
95%Borrower take-up36 loans funded

How Minnehaha County compares

Approval rate compared
Minnehaha County69.1%South Dakota76.5%All 616 counties73.1%
Typical loan compared
Minnehaha County$165KSouth Dakota$155KAll 616 counties$205K

What the data shows

American Bank & Trust made the most investment cash-out refinances in Minnehaha County, SD, 7 of them.

Lenders approved 69.1% of investment cash-out refinance applications in Minnehaha County, SD, 7.4 percentage points below the South Dakota rate of 76.5%.

Investment property cash-out lenders in Minnehaha County

LenderApprovalApprovedTaken upTypical loanLoans made
1American Bank & TrustLimited sample64%7 / 11100%$285K7
2United Wholesale Mortgage, LLCBroker only67%4 / 6100%$175K4
3Plains Commerce BankLimited sample75%3 / 4100%$135K3
4Rocket Mortgage, LLCLimited sample100%3 / 3100%$155K3
5Central BankLimited sample100%3 / 367%$105K2

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals borrowers accepted. Lenders with fewer than 20 decisions are marked as a limited sample and never used for a “highest approval” claim.How the numbers work.

Fat Boy found 24 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest investment cash-out refinance lenders in Minnehaha County. Unlock the full market: every lender that decided one of these loans here, what they approved, how much borrowers took, and how close the nearest office is.

  • Every lender in the market
  • Approval rate and borrower take-up
  • Typical loan size and range
  • Nearest office and distance
  • Branch count and application options
  • How easy each lender is to reach

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