Bankfirst
Mortgage Loan Application
Totals and Details
for 2005

Find mortgage loan statistics, lending data, and loan application totals for South Dakota.
The mortgage statistics and data below are specific to mortgage loan applications for Bankfirst.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address Bankfirst
6100 South Old Village Place
Sioux Falls, SD 57108
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 886
Total Mortgage Loan Application Amount $193,726,000
Average Mortgage Loan Application Amount $303,673
Highest Mortgage Loan Application Amount $3,325,000
Average Applicant Income $123,795
Highest Applicant Income $1,811,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in SD, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Bankfirst by Metropolitan Area in 2005

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 313 $ 62,552,000 $ 199,000 $ 88,000
LAS VEGAS-PARADISE, NV 143 $ 30,682,000 $ 214,000 $ 126,000
ATLANTA-SANDY SPRINGS-MARIETTA, GA 42 $ 9,076,000 $ 216,000 $ 91,000
PHOENIX-MESA-SCOTTSDALE, AZ 31 $ 10,804,000 $ 348,000 $ 91,000
DENVER-AURORA, CO 26 $ 7,560,000 $ 290,000 $ 100,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 21 $ 2,410,000 $ 114,000 $ 59,000
CHICAGO-NAPERVILLE-JOLIET, IL 19 $ 3,736,000 $ 196,000 $ 69,000
DULUTH, MN-WI 10 $ 1,213,000 $ 121,000 $ 65,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 8 $ 1,224,000 $ 153,000 $ 112,000
GARY, IN 7 $ 968,000 $ 138,000 $ 70,000
SIOUX FALLS, SD 7 $ 865,000 $ 123,000 $ 77,000
BIRMINGHAM-HOOVER, AL 6 $ 1,033,000 $ 172,000 $ 127,000
MADISON, WI 6 $ 656,000 $ 109,000 $ 59,000
ORLANDO, FL 6 $ 806,000 $ 134,000 $ 67,000
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 6 $ 2,021,000 $ 336,000 $ 283,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 5 $ 2,915,000 $ 583,000 $ 773,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 5 $ 1,944,000 $ 388,000 $ 201,000
ST. CLOUD, MN 5 $ 566,000 $ 113,000 $ 84,000
WILMINGTON, NC 5 $ 4,450,000 $ 890,000 $ 456,000
ANCHORAGE, AK 4 $ 450,000 $ 112,000 $ 52,000
FORT COLLINS-LOVELAND, CO 4 $ 808,000 $ 202,000 $ 116,000
JACKSONVILLE, FL 4 $ 1,820,000 $ 455,000 $ 434,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 4 $ 4,766,000 $ 1,191,000 $ 661,000
NASHVILLE-DAVIDSON--MURFREESBORO, TN 4 $ 666,000 $ 166,000 $ 58,000
PENSACOLA-FERRY PASS-BRENT, FL 4 $ 230,000 $ 57,000 $ 65,000
SARASOTA-BRADENTON-VENICE, FL 4 $ 3,158,000 $ 789,000 $ 522,000
COLORADO SPRINGS, CO 3 $ 362,000 $ 120,000 $ 54,000
EAU CLAIRE, WI 3 $ 261,000 $ 87,000 $ 49,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 3 $ 241,000 $ 80,000 $ 123,000
PUEBLO, CO 3 $ 210,000 $ 70,000 $ 53,000
ROCHESTER, MN 3 $ 302,000 $ 100,000 $ 61,000
SEATTLE-BELLEVUE-EVERETT, WA 3 $ 594,000 $ 198,000 $ 181,000
ALBUQUERQUE, NM 2 $ 140,000 $ 70,000 $ 108,000
BATTLE CREEK, MI 2 $ 46,000 $ 23,000 $ 120,000
BOISE CITY-NAMPA, ID 2 $ 248,000 $ 124,000 $ 25,000
CAPE CORAL-FORT MYERS, FL 2 $ 1,785,000 $ 892,000 $ 0
COLUMBUS, GA-AL 2 $ 88,000 $ 44,000 $ 77,000
DES MOINES, IA 2 $ 90,000 $ 45,000 $ 60,000
FOND DU LAC, WI 2 $ 214,000 $ 107,000 $ 65,000
GRAND JUNCTION, CO 2 $ 141,000 $ 70,000 $ 46,000
GREELEY, CO 2 $ 527,000 $ 263,000 $ 137,000
GREENSBORO-HIGH POINT, NC 2 $ 97,000 $ 48,000 $ 46,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 2 $ 184,000 $ 92,000 $ 64,000
KANSAS CITY, MO-KS 2 $ 116,000 $ 58,000 $ 48,000
MONROE, MI 2 $ 133,000 $ 66,000 $ 51,000
RALEIGH-CARY, NC 2 $ 140,000 $ 70,000 $ 0
SOUTH BEND-MISHAWAKA, IN-MI 2 $ 94,000 $ 47,000 $ 0
TUCSON, AZ 2 $ 306,000 $ 153,000 $ 35,000
WARREN-FARMINGTON HILLS-TROY, MI 2 $ 163,000 $ 81,000 $ 87,000
WINSTON-SALEM, NC 2 $ 202,000 $ 101,000 $ 250,000
ANN ARBOR, MI 1 $ 130,000 $ 130,000 $ 48,000
ASHEVILLE, NC 1 $ 208,000 $ 208,000 $ 413,000
BOSTON-QUINCY, MA 1 $ 1,068,000 $ 1,068,000 $ 247,000
FLAGSTAFF, AZ 1 $ 394,000 $ 394,000 $ 254,000
LAKELAND, FL 1 $ 144,000 $ 144,000 $ 54,000
MICHIGAN CITY-LA PORTE, IN 1 $ 359,000 $ 359,000 $ 111,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 1 $ 390,000 $ 390,000 $ 93,000
OCALA, FL 1 $ 90,000 $ 90,000 $ 0
OSHKOSH-NEENAH, WI 1 $ 104,000 $ 104,000 $ 0
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME 1 $ 146,000 $ 146,000 $ 55,000
RACINE, WI 1 $ 104,000 $ 104,000 $ 28,000
RENO-SPARKS, NV 1 $ 120,000 $ 120,000 $ 35,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 1 $ 176,000 $ 176,000 $ 54,000
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA 1 $ 274,000 $ 274,000 $ 43,000
SAGINAW-SAGINAW TOWNSHIP NORTH, MI 1 $ 126,000 $ 126,000 $ 86,000
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 1 $ 475,000 $ 475,000 $ 0
SANTA ANA-ANAHEIM-IRVINE, CA 1 $ 1,140,000 $ 1,140,000 $ 384,000
ST. LOUIS, MO-IL 1 $ 175,000 $ 175,000 $ 0
TALLAHASSEE, FL 1 $ 126,000 $ 126,000 $ 69,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of South Dakota, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Bankfirst in 2005

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 499 $105,485,000 $289,320 $3,325,000 $166,320 $1,800,000
Refinancing 384 $88,226,000 $332,260 $2,765,000 $82,652 $1,811,000
Home Improvement 3 $15,000 $5,000 $10,000 $7,000 $31,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 623 $135,664,000 $275,857 $2,765,000 $110,642 $1,811,000
Not Provided 125 $28,951,000 $315,066 $1,860,000 $102,533 $804,000
Black or African American 52 $12,497,000 $562,375 $3,325,000 $321,875 $1,800,000
Asian 47 $9,509,000 $211,285 $576,000 $82,428 $354,000
Hispanic 33 $5,924,000 $195,300 $494,000 $55,400 $241,000
Native Hawaiian or Other Pacific Islander 4 $766,000 $191,500 $320,000 $50,250 $112,000
American Indian or Alaskan Native 2 $415,000 $207,000 $332,000 $79,000 $79,000
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 886 $193,726,000 $288,066 $3,325,000 $113,800 $1,811,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 525 $112,085,000 $262,535 $2,765,000 $97,928 $1,811,000
Application Denied By Financial Institution 265 $58,085,000 $285,133 $1,860,000 $136,866 $1,528,000
Application Approved But Not Accepted 76 $19,866,000 $437,533 $3,325,000 $220,933 $1,800,000
Application Withdrawn By Applicant 20 $3,690,000 $199,875 $876,000 $98,375 $900,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Unverifiable Information 75 $16,581,000 $232,600 $576,000 $136,200 $571,000
Credit Application Incomplete 55 $9,789,000 $168,800 $1,000,000 $106,900 $450,000
Collateral 36 $8,874,000 $199,300 $1,860,000 $181,500 $1,528,000
Debt-To-Income Ratio 33 $6,950,000 $408,625 $1,800,000 $103,750 $375,000
Other 28 $6,147,000 $379,375 $1,600,000 $114,625 $336,000
Credit History 24 $7,580,000 $351,500 $1,430,000 $132,300 $432,000
Employment History 8 $1,128,000 $127,666 $314,000 $93,333 $134,000
Insufficient Cash (Downpayment, Closing Cost) 6 $1,036,000 $180,666 $303,000 $143,000 $240,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in SD, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in South Dakota, and search similar information at your convenience.

Download the South Dakota Lender List