Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Pennington County, South Dakota
Every institution that decided a 1–4 unit mortgage application in Pennington County, home to Rapid City, between 2023 and 2025: 8,141 applications, 6,721 loans actually funded, across 8 kinds of borrowing.
Pennington County at a glance
8,141Applications decided
2023–2025
6,721Loans funded
83% of decisions
25Census tracts
6 ZIP codes
112,081People
ACS 2023
What the data shows
The typical purchase mortgage here is $305K.
Lending by loan type in Pennington County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 91.9% | 4,595 | $305K | 97% | 167 |
| Home improvement loans | 75.7% | 827 | $55K | 92% | 39 |
| Cash-out refinance | 73.4% | 1,097 | $185K | 96% | 90 |
| Refinance | 82.2% | 996 | $275K | 93% | 81 |
| Investment property purchase | 92.6% | 407 | $225K | 96% | 84 |
| Investment cash-out refinance | 81.5% | 81 | $155K | 98% | 27 |
| Investment refinance | 89.2% | 102 | $185K | 95% | 33 |
| Investment home improvement | 58.3% | 36 | $55K | 86% | 16 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.