---
title: Multifamily Lenders in Brown County, SD: 8 Made Loans in 2024-25
url: https://lender.report/lenders-in/south-dakota/brown-county/
license: https://lender.report/license/
---

County · SD

# Multifamily lenders in Brown County, SD

8 lenders made 33 multifamily loans in Brown County, SD in 2024 and 2025, $53.1M in all. First Interstate Bank made the most, with 11. The typical loan was about $680K.

**Evidence**
Multifamily loans placed in the county, HMDA

**Data as of**
HMDA 2025

**Page last changed**
November 11, 2026

**Lenders on record**
8

HMDA, 2025

**Multifamily loans, 2024-25**
33

HMDA, 2025

Manufactured-home parks excluded

**Dollars**
$53.1M

HMDA, 2025

**Typical loan**
$680K

HMDA, 2025

Cite this

Source: The Lender Report, Multifamily lenders in Brown County, SD, https://lender.report/lenders-in/south-dakota/brown-county/, data as of December 31, 2025.

## Describe a deal in Brown County, SD

See which of these lenders made loans like yours, at your size and in your place. No account and no form.

[Show multifamily loans in Brown County, SD](https://lender.report/comps/?lane=multifamily&state=SD&county=46013)[On this list? Find your page](https://lender.report/for-lenders/?from=market)

| Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans | Typical loan |
| --- | --- | --- | --- | --- | --- | --- | --- |
| [First Interstate Bank](https://lender.report/lender/first-interstate-bank-mt/) [multifamily record](https://lender.report/lender/first-interstate-bank-mt/multifamily/) | Bank | Billings, MT | 11 | $9.55M | 3 | 8 | $460K |
| [American Bank & Trust](https://lender.report/lender/american-bank-and-trust-sd/) [multifamily record](https://lender.report/lender/american-bank-and-trust-sd/multifamily/) | Bank | Sioux Falls, SD | 6 | $3.98M | 5 | 1 | $920K |
| [Dacotah Bank](https://lender.report/lender/dacotah-bank-sd/) [multifamily record](https://lender.report/lender/dacotah-bank-sd/multifamily/) | Bank | Aberdeen, SD | 5 | $1.06M | 3 | 2 | $85K |
| [Plains Commerce Bank](https://lender.report/lender/plains-commerce-bank-sd/) [multifamily record](https://lender.report/lender/plains-commerce-bank-sd/multifamily/) | Bank | Sioux Falls, SD | 4 | $1.58M | 4 | 0 | $260K |
| [CorTrust Bank National Association](https://lender.report/lender/cortrust-bank-sd/) [multifamily record](https://lender.report/lender/cortrust-bank-sd/multifamily/) | Bank | Mitchell, SD | 3 | $2.32M | 3 | 0 | $820K |
| [Bank Midwest](https://lender.report/lender/bank-midwest-ia/) [multifamily record](https://lender.report/lender/bank-midwest-ia/multifamily/) | Bank | Spirit Lake, IA | 1 | $11.0M | 0 | 1 | $11M |
| [CBRE Multifamily Capital, Inc.](https://lender.report/lender/cbre-multifamily-capital-tx/) [multifamily record](https://lender.report/lender/cbre-multifamily-capital-tx/multifamily/) | Non-bank | Houston, TX | 1 | $9.60M | 1 | 0 | $9.6M |
| [Minnwest Bank](https://lender.report/lender/minnwest-bank-mn/) [multifamily record](https://lender.report/lender/minnwest-bank-mn/multifamily/) | Bank | Redwood Falls, MN | 1 | $3.60M | 1 | 0 | $3.6M |

HMDA, 2025

[Check a deal in Brown County, SD in Loan Comps](https://lender.report/comps/?lane=multifamily&state=SD&county=46013)

| Loan size | Loans | Lenders |
| --- | --- | --- |
| Under $1M | 28 | 5 |
| $1M to $2.5M | 0 | 0 |
| $2.5M to $5M | 2 | 2 |
| $5M to $10M | 1 | 1 |
| $10M or more | 2 | 1 |

HMDA, 2025

- Lenders made 33 multifamily loans totaling $53.1M in Brown County, SD in 2024 and 2025. HMDA, 2025
- 1 of these loans was made by lenders that have since merged or closed. They are counted in the totals here and appear in no lender's row. HMDA, 2025
- 20 of the loans were made in 2025 and 13 in 2024. HMDA, 2025
- The typical loan in Brown County, SD was about $680K, with the middle half between $240K and $920K. HMDA, 2025
- 28 of the loans were under $1M, and 3 were $5M or more. HMDA, 2025
- Lenders reported a median rate of 7.25% on 29 loans in Brown County, SD, with the middle half between 7.10% and 7.39%. HMDA, 2025
- The median term was 5 years. HMDA, 2025
- The median loan to value was 66%. HMDA, 2025
- 52% of the loans were refinancings and 42% were purchases. HMDA, 2025
- Banks and savings institutions made 31 of the loans, credit unions 0, and non-banks 1. HMDA, 2025
- The three most active lenders were First Interstate Bank with 11, American Bank & Trust with 6, and Dacotah Bank with 5. HMDA, 2025
- 4 of the 8 lenders are based in South Dakota. The rest are based elsewhere, most often in Iowa, Minnesota and Montana. HMDA, 2025
- The most common property size was 5 to 24 units, with 25 loans. HMDA, 2025

## How this list is defined

**Measure**
Multifamily loans made in Brown County, SD

**Period**
2024 and 2025

**Formula**
Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the county, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans in the county.

**Order**
Largest first by loans recorded in the place, then dollars, 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.

## What we don't know

- Whether any of these lenders is taking new loans today.
- What they charge or require beyond the rate and term that HMDA reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.

A metro area or county is named for a year only when the public file holds 5 or more multifamily loans there that year, so a small place is never exposed by a count.

SBA loans are on record by state only, so this page has no SBA figures for the county. The state pages carry them.

HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date.

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.
