Investment property cash-out lenders in Pennington County, South Dakota
Fat Boy Data analyzed investment cash-out refinance activity in Pennington County, South Dakota, home to Rapid City, to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 81 applications were decided by 27 lenders between 2023 and 2025.
Pennington County at a glance
How Pennington County compares
What the data shows
Black Hills Federal Credit Union made the most investment cash-out refinances in Pennington County, SD, 15 of them.
Lenders approved 81.5% of investment cash-out refinance applications in Pennington County, SD, 5.0 percentage points above the South Dakota rate of 76.5%.
Investment property cash-out lenders in Pennington County
| Lender | Approval | Approved | Taken up | Typical loan | Loans made | |
|---|---|---|---|---|---|---|
| 1 | Black Hills Federal Credit UnionLimited sample | 83% | 15 / 18 | 100% | $125K | 15 |
| 2 | Sentinel Federal Credit UnionLimited sample | 100% | 13 / 13 | 100% | $135K | 13 |
| 3 | Gateway First BankLimited sample | 80% | 4 / 5 | 100% | $165K | 4 |
| 4 | Cmg Mortgage, Inc.Limited sample | 100% | 4 / 4 | 100% | $245K | 4 |
| 5 | United Wholesale Mortgage, LLCBroker only | 100% | 4 / 4 | 100% | $255K | 4 |
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 22 more lenders.
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You are seeing the 5 largest investment cash-out refinance lenders in Pennington 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.
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