Name of the lender

Discover Bank in South DakotaMortgage rates, total loan costs and denial rate for homes in South Dakota, 2025

HMDA year2025

StateSouth Dakota

Head office: Greenwood, DE
Reporting agency: Consumer Financial Protection Bureau (CFPB)
Legal Entity Identifier (LEI)

All states of this lender

Discover Bank reported 133 applications for homes in South Dakota in the HMDA data of 2025.

It originated 21 loans in the state in 2025, for $2.1 million in total.

This page shows no median interest rate for South Dakota in 2025: under 20 loans with a rate.

This page shows no median total loan costs for South Dakota, because fewer than 20 loans report the amount.

It denied 76.8% of the applications that it decided in the state in 2025, and the state denial rate was 15.7%.

Filed figures of Discover Bank in South Dakota, 2025
Figure	In SD	Lender, all states	SD, all lenders
Applications	133	68,974	25,910
Loans originated	21	9,711	17,111
Median interest rate	n/a	7.130%	6.250%
Median total loan costs	n/a	$0	$5,588
Denial rate	76.8%	79.1%	15.7%

HMDA data are generally not used alone to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions.
The words of the Consumer Financial Protection Bureau (CFPB). Source: Consumer Financial Protection Bureau, Summary of 2023 Data on Mortgage Lending (11 July 2024), copied on 2 Oct 2026. The figures on this page are from the HMDA data of 2025, the snapshot dataset.

PricingMedians of 2025 loans in SD

Median interest rate in SDNot shown

A median needs 20 loans with a reported interest rate. No loan of the lender is in the loans that the medians use.

Medians are for originated closed-end loans with a first lien. Reverse mortgages, open-end lines of credit and loans for a business purpose are not in the medians. A median needs 20 loans.

Action taken and loan types

Records in South Dakota by the action taken
Action taken	Records	Share
1Loan originated	21	15.8%
2Application approved but not accepted	1	0.8%
3Application denied	73	54.9%
4Application withdrawn by applicant	15	11.3%
5File closed for incompleteness	23	17.3%
6Purchased loan	0	0.0%
7Preapproval request denied	0	0.0%
8Preapproval request approved but not accepted	0	0.0%

Applications in South Dakota by loan type
Loan type	Applications	Loans originated	Denial rate
Conventional	133	21	76.8%

Counties in South Dakota

Counties of Discover Bank in South Dakota with 25 applications or more, 2025In order of the names.
County	Applications	Loans originated	Amount	Denial rate
Minnehaha County	40	5	$525,000	80.0%

Figures by year

Discover Bank in South Dakota by HMDA year"n/a" shows a year with fewer than 25 applications in the state.
Year	Applications	Loans originated	Amount	Median interest rate	Median total loan costs	Denial rate
2025	133	21	$2.1 million	n/a	n/a	76.8%
2024	460	82	$7.0 million	n/a	n/a	73.3%
2023	489	82	$7.7 million	n/a	n/a	71.0%
2022	326	32	$2.6 million	n/a	n/a	81.5%

Official channelsLinks checked 2 Oct 2026

HMDA Data Browser (FFIEC and CFPB)The HMDA records of this lender in this state, with a CSV download.
Submit a complaint (Consumer Financial Protection Bureau)The CFPB form for a complaint about a mortgage or a lender.

Cite this page

Page: Lender Register, "Discover Bank in South Dakota: mortgage rates, 2025", https://lenderregister.com/lender/x05bvsk68tq7ytosnr22-discover-bank/sd/
Source: Federal Financial Institutions Examination Council and Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data, 2025
Data date: HMDA year 2025. Page made 2 Oct 2026.

Provenance

The figures come from the public HMDA loan/application register of 2022 to 2025. They are the records of this LEI for homes in South Dakota. This site withholds a figure with fewer than 25 applications. Method of the figures. Terms. Report an error.

Questions

What share of the loans of Discover Bank were in South Dakota in 2025?: 21 of its loans originated, out of 9,711 in all states. That is 0.2%.
In which counties of South Dakota did Discover Bank originate the most loans in 2025?: Only one county has 50 applications or more of the lender: Minnehaha County, with 5 loans originated.
Which loan types did Discover Bank originate in South Dakota in 2025?: All its loans in the state were of one type: 21 conventional.
How did the applications of Discover Bank in South Dakota change from 2022 to 2025?: It reported 326 applications in 2022 and 133 in 2025.