--- title: 1-4 Unit Investor Lenders in South Dakota: 125 Made Loans url: https://lender.report/investor-1-4-lenders/south-dakota/ license: https://lender.report/license/ --- 1-4 Unit Investor ยท SD # 1-4 Unit Investor lenders in South Dakota 125 lenders made at least one 1-4 unit investor or business-purpose loan in South Dakota in 2025. First Bank & Trust made the most, with 92 of the 1,189 on record. **Evidence** Lender made at least one 1-4 unit investor or business-purpose loan in South Dakota in 2025 (HMDA) **Data as of** HMDA 2025 **Page last changed** November 11, 2026 **Lenders on record** 125 HMDA, 2025 **Investor loans, 2025** 1,189 HMDA, 2025 1-4 units or business purpose **Based in the state** 29 HMDA, 2025 Cite this Source: The Lender Report, 1-4 Unit Investor lenders in South Dakota, https://lender.report/investor-1-4-lenders/south-dakota/, data as of December 31, 2025. ## Describe a deal in South Dakota See which of these lenders made loans like yours, at your size and in your place. No account and no form. [Show 1-4 unit investor loans in South Dakota](https://lender.report/comps/?lane=investor_1to4&state=SD)[On this list? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | Loans in state | Loans nationwide | Typical loan | | --- | --- | --- | --- | --- | --- | | [First Bank & Trust](https://lender.report/lender/first-bank-and-trust-sd/) [1-4 unit investor record](https://lender.report/lender/first-bank-and-trust-sd/investor-1-4/) | Bank | Brookings, SD | 92 | 128 | $165K | | [American Bank & Trust](https://lender.report/lender/american-bank-and-trust-sd/) [1-4 unit investor record](https://lender.report/lender/american-bank-and-trust-sd/investor-1-4/) | Bank | Sioux Falls, SD | 84 | 92 | $130K | | [First PREMIER Bank](https://lender.report/lender/first-premier-bank-sd/) [1-4 unit investor record](https://lender.report/lender/first-premier-bank-sd/investor-1-4/) | Bank | Sioux Falls, SD | 84 | 85 | $155K | | [First Dakota National Bank](https://lender.report/lender/first-dakota-national-bank-sd/) [1-4 unit investor record](https://lender.report/lender/first-dakota-national-bank-sd/investor-1-4/) | Bank | Yankton, SD | 69 | 83 | $185K | | [Plains Commerce Bank](https://lender.report/lender/plains-commerce-bank-sd/) [1-4 unit investor record](https://lender.report/lender/plains-commerce-bank-sd/investor-1-4/) | Bank | Sioux Falls, SD | 67 | 209 | $265K | | [BankWest, Inc.](https://lender.report/lender/bankwest-sd/) [1-4 unit investor record](https://lender.report/lender/bankwest-sd/investor-1-4/) | Bank | Pierre, SD | 44 | 46 | $150K | | [Dacotah Bank](https://lender.report/lender/dacotah-bank-sd/) [1-4 unit investor record](https://lender.report/lender/dacotah-bank-sd/investor-1-4/) | Bank | Aberdeen, SD | 35 | 61 | $145K | | [First National Bank](https://lender.report/lender/first-national-bank-sd-fort-pierre/) [1-4 unit investor record](https://lender.report/lender/first-national-bank-sd-fort-pierre/investor-1-4/) | Bank | Fort Pierre, SD | 31 | 65 | $285K | | [The First National Bank in Sioux Falls](https://lender.report/lender/first-national-bank-in-sioux-falls-sd/) [1-4 unit investor record](https://lender.report/lender/first-national-bank-in-sioux-falls-sd/investor-1-4/) | Bank | Sioux Falls, SD | 30 | 34 | $170K | | [CMG Mortgage Inc](https://lender.report/lender/cmg-mortgage-il/) [1-4 unit investor record](https://lender.report/lender/cmg-mortgage-il/investor-1-4/) | Non-bank | San Ramon, IL | 28 | 4,651 | $275K | | [First International Bank & Trust](https://lender.report/lender/first-international-bank-and-trust-nd/) [1-4 unit investor record](https://lender.report/lender/first-international-bank-and-trust-nd/investor-1-4/) | Bank | Watford City, ND | 27 | 161 | $205K | | [Frontier Bank](https://lender.report/lender/frontier-bank-sd/) [1-4 unit investor record](https://lender.report/lender/frontier-bank-sd/investor-1-4/) | Savings | Sioux Falls, SD | 27 | 29 | $105K | | [Quoin Financial Bank](https://lender.report/lender/quoin-financial-bank-sd/) [1-4 unit investor record](https://lender.report/lender/quoin-financial-bank-sd/investor-1-4/) | Bank | Miller, SD | 25 | 25 | $205K | | [Central Bank](https://lender.report/lender/central-bank-ia/) [1-4 unit investor record](https://lender.report/lender/central-bank-ia/investor-1-4/) | Bank | Storm Lake, IA | 24 | 149 | $165K | | [CorTrust Bank National Association](https://lender.report/lender/cortrust-bank-sd/) [1-4 unit investor record](https://lender.report/lender/cortrust-bank-sd/investor-1-4/) | Bank | Mitchell, SD | 23 | 45 | $205K | | [Pioneer Bank & Trust](https://lender.report/lender/pioneer-bank-and-trust-sd/) [1-4 unit investor record](https://lender.report/lender/pioneer-bank-and-trust-sd/investor-1-4/) | Bank | Belle Fourche, SD | 23 | 24 | $220K | | [United Wholesale Mortgage](https://lender.report/lender/united-wholesale-mortgage-mi/) [1-4 unit investor record](https://lender.report/lender/united-wholesale-mortgage-mi/investor-1-4/) | Non-bank | Pontiac, MI | 23 | 31,218 | $205K | | [Black Hills Credit Union](https://lender.report/lender/black-hills-credit-union-sd/) [1-4 unit investor record](https://lender.report/lender/black-hills-credit-union-sd/investor-1-4/) | Credit union | Rapid City, SD | 22 | 25 | $155K | | [Security Savings Bank](https://lender.report/lender/security-savings-bank-sd/) [1-4 unit investor record](https://lender.report/lender/security-savings-bank-sd/investor-1-4/) | Bank | Canton, SD | 20 | 30 | $150K | | [Reliabank Dakota](https://lender.report/lender/reliabank-dakota-sd/) [1-4 unit investor record](https://lender.report/lender/reliabank-dakota-sd/investor-1-4/) | Bank | Estelline, SD | 19 | 21 | $235K | | [First Interstate Bank](https://lender.report/lender/first-interstate-bank-mt/) [1-4 unit investor record](https://lender.report/lender/first-interstate-bank-mt/investor-1-4/) | Bank | Billings, MT | 18 | 157 | $185K | | [Sentinel Credit Union](https://lender.report/lender/sentinel-credit-union-sd/) [1-4 unit investor record](https://lender.report/lender/sentinel-credit-union-sd/investor-1-4/) | Credit union | Box Elder, SD | 15 | 15 | $225K | | [Fairway Independent Mort Corp](https://lender.report/lender/fairway-independent-mort-wi/) | Non-bank | Madison, WI | 13 | 3,466 | $245K | | [Rivers Edge Bank](https://lender.report/lender/rivers-edge-bank-sd/) [1-4 unit investor record](https://lender.report/lender/rivers-edge-bank-sd/investor-1-4/) | Bank | Marion, SD | 13 | 18 | $155K | | [U.S. Bank National Association](https://lender.report/lender/u-s-bank-oh/) [1-4 unit investor record](https://lender.report/lender/u-s-bank-oh/investor-1-4/) | Bank | Cincinnati, OH | 12 | 2,786 | $325K | HMDA, 2025 [See all 125 1-4 unit investor lenders in South Dakota in Loan Comps](https://lender.report/comps/?lane=investor_1to4&state=SD) - Lenders made 1,189 1-4 unit investor or business-purpose loans in South Dakota in 2025. HMDA, 2025 - The five most active lenders made 33.3% of them. HMDA, 2025 - Non-banks made 15.2% of these loans in South Dakota. HMDA, 2025 - 34 lenders made 10 or more of these loans in South Dakota in 2025. HMDA, 2025 - 29 of these lenders are based in South Dakota, and the rest lend in from other states. HMDA, 2025 - First Bank & Trust made 92 loans here, and American Bank & Trust made 84. HMDA, 2025 - These lenders: 68 banks, 7 savings institutions, 11 credit unions and 39 non-bank lenders. HMDA, 2025 - Among these lenders, the median 1-4 unit investor loan nationally is $185K. HMDA, 2025 ## How this list is defined **Measure** 1-4 unit investor loans made in South Dakota **Period** 2025 **Formula** Count, by lender, of HMDA records for 1-4 unit loans that are non-owner-occupied or business purpose, placed in South Dakota in 2025. A lender is listed if it made at least one. **Order** Largest first by loans made in 2025, then name. Payment is not part of the order. **As of** 2025 **Source** [HMDA](https://ffiec.cfpb.gov/data-browser/) **Changelog** November 12, 2026: First published, with the data built on this date. These are rental homes of up to four units, financed by the investor and not the person living there, including business-purpose loans. HMDA reports these loans by lender and state, without dollars by state. It cannot tell a DSCR loan from a full-documentation investor loan. Each lender is counted only where the public file places the loan. Lenders that merged or stopped filing are left out. Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. [Report a problem](https://lender.report/report/) Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.