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investment property lenders · HMDA 2023–2025

Investment property lenders in Minnehaha County, South Dakota

Fat Boy Data analyzed investment property mortgage 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. 816 applications were decided by 87 lenders between 2023 and 2025.

Minnehaha County at a glance

87Active lenders11 with 20+ decisions
95.6%Market approval rate780 of 816 decided
$185KTypical loanmedian lender, $10K brackets
99%Borrower take-up776 loans funded

How Minnehaha County compares

Approval rate compared
Minnehaha County95.6%South Dakota94.6%All 616 counties87.5%
Typical loan compared
Minnehaha County$185KSouth Dakota$205KAll 616 counties$255K

What the data shows

First Bank & Trust made the most investment property mortgages in Minnehaha County, SD, 102 of them.

Plains Commerce Bank approved the highest share of applications among lenders with at least 20 decisions here, 100% of 90.

Approval rate of all 11 lenders with 20+ decisions here
0%25%50%75%100%First Bank & Trust: 94% approved of 111First PREMIER Bank: 94% approved of 88One lender: 95% approved of 20One lender: 96% approved of 27Frontier Bank: 98% approved of 55Plains Commerce Bank: 100% approved of 90First Dakota National Bank: 100% approved of 43One lender: 100% approved of 38One lender: 100% approved of 30One lender: 100% approved of 27One lender: 100% approved of 26

Each dot is one lender, placed at its approval rate. Hover for the sample size; the 5 largest lenders are named, the rest are behind the unlock.

Investment property lenders in Minnehaha County

LenderApprovalApprovedTaken upTypical loanLoans made
1First Bank & Trust94%104 / 11198%$215K102
2Plains Commerce Bank100%90 / 90100%$185K90
3First PREMIER Bank94%83 / 88100%$175K83
4Frontier Bank98%54 / 55100%$135K54
5First Dakota National Bank100%43 / 43100%$215K43

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 82 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest investment property mortgage 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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