HomeSouth DakotaMinnehaha CountyCash-out refinance
cash-out refinance lenders · HMDA 2023–2025

Cash-out refinance lenders in Minnehaha County, South Dakota

Fat Boy Data analyzed cash-out refinance activity in Minnehaha County, South Dakota to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 2,367 applications were decided by 87 lenders between 2023 and 2025.

Minnehaha County at a glance

87Active lenders24 with 20+ decisions
80.1%Market approval rate1,896 of 2,367 decided
$85KTypical loanmedian lender, $10K brackets
98%Borrower take-up1,860 loans funded

How Minnehaha County compares

Approval rate compared
Minnehaha County80.1%South Dakota78.0%All 616 counties68.2%
Typical loan compared
Minnehaha County$85KSouth Dakota$125KAll 616 counties$155K

What the data shows

Levo Federal Credit Union made the most cash-out refinances in Minnehaha County, SD, 806 of them.

That is 43% of every cash-out refinance originated here, so this market is unusually concentrated in one lender.

Levo Federal Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 100% of 811.

The typical cash-out refinance here is $85K, 32% smaller than the South Dakota typical of $125K.

Approval rate of all 24 lenders with 20+ decisions here
0%25%50%75%100%Amerisave Mortgage Corporation: 24% approved of 87New Day Financial, LLC: 48% approved of 23Newrez LLC: 49% approved of 39First PREMIER Bank: 53% approved of 66Mutual of Omaha Mortgage, Inc.: 55% approved of 22Loandepot.Com, LLC: 61% approved of 44Pennymac Loan Services, LLC: 68% approved of 37United Wholesale Mortgage, LLC: 68% approved of 44First Bank & Trust: 69% approved of 26Nationstar Mortgage LLC: 70% approved of 23Freedom Mortgage Corporation: 71% approved of 35Voyage Federal Credit Union: 73% approved of 112Wells Fargo Bank, National Association: 74% approved of 38Plains Commerce Bank: 80% approved of 90Cu Mortgage Direct, LLC: 83% approved of 30Rocket Mortgage, LLC: 84% approved of 318U.S. Bank National Association: 84% approved of 50First International Bank & Trust: 85% approved of 39Bluestone Federal Credit Union: 85% approved of 20Cortrust Mortgage, Inc.: 90% approved of 21Central Bank: 92% approved of 26Fairway Independent Mortgage Corporation: 93% approved of 28The First National Bank in Sioux Falls: 97% approved of 31Levo Federal Credit Union: 100% approved of 811

Each dot is one lender, placed at its approval rate. Hover for the name and sample size.

Cash-out refinance lenders in Minnehaha County

LenderApprovalApprovedTaken upTypical loanLoans made
1Levo Federal Credit Union100%807 / 811100%$65K806
2Rocket Mortgage, LLC84%267 / 31896%$125K257
3Voyage Federal Credit Union73%82 / 11298%$55K80
4Plains Commerce Bank80%72 / 90100%$215K72
5Amerisave Mortgage Corporation24%21 / 87100%$55K21

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

Fat Boy found 82 more lenders.

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

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