Lender in South Dakota · HMDA 2025
Bankwest, Inc. mortgages in South Dakota
Bankwest, Inc.'s 2025 home-purchase and refinance lending in South Dakota, compared with all lenders in the state.
Bankwest, Inc. originated 200 owner-occupied single-family loans in South Dakota from 222 completed applications, making it the state's #17 lender by volume.
Its median conventional purchase loan costs were $5,840 versus $4,750 for all South Dakota lenders, at a median 30-year fixed rate of 6.125% (South Dakota: 6.49%).
Loans in SD
200
of 222 applications
Denial rate
7.4%
Purchase · SD 6.9%
Rate spread
−0.14 pts
Conv. · SD +0.03 pts
Loan amount
$235,000
Purchase · SD $285,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 190 | 176 | 7.4% | 6.125% | −0.14 pts | $5,840 | $235,000 |
| Refinance | 7 | 6 | — | — | — | — | — |
| Cash-out refinance | 25 | 18 | 28.0% | — | — | — | — |
*Conventional loans only; medians with at least 20 loans.
South Dakota counties where Bankwest, Inc. ranks in the top 25
Showing the 30 counties where it ranks highest, of 34.
| County | Rank | Loans | Market share |
|---|---|---|---|
| Hughes County | 1 | 71 | 36.4% |
| Stanley County | 1 | 9 | 39.1% |
| Tripp County | 1 | 8 | 26.7% |
| Douglas County | 1 | 4 | 15.4% |
| Lyman County | 1 | 4 | 25.0% |
| Aurora County | 1 | 3 | 17.6% |
| Dewey County | 1 | 2 | 100.0% |
| Walworth County | 2 | 5 | 14.7% |
| Sully County | 2 | 4 | 23.5% |
| Brule County | 2 | 3 | 10.0% |
| Jones County | 2 | 1 | 25.0% |
| Gregory County | 3 | 2 | 7.4% |
| Davison County | 4 | 12 | 5.5% |
| Jerauld County | 4 | 1 | 9.1% |
| Lake County | 5 | 9 | 6.0% |
| Hutchinson County | 5 | 4 | 4.9% |
| Hanson County | 5 | 2 | 5.7% |
| Haakon County | 5 | 1 | 11.1% |
| Hyde County | 6 | 1 | 10.0% |
| Potter County | 6 | 1 | 5.9% |
| Edmunds County | 7 | 1 | 4.8% |
| Moody County | 8 | 2 | 3.5% |
| Hand County | 8 | 1 | 5.3% |
| Marshall County | 8 | 1 | 4.8% |
| McCook County | 9 | 3 | 3.3% |
| Lawrence County | 11 | 9 | 2.4% |
| Fall River County | 12 | 2 | 1.8% |
| Bon Homme County | 15 | 1 | 1.8% |
| Brookings County | 16 | 4 | 1.2% |
| Butte County | 16 | 2 | 1.3% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology