4 lenders confirm they lend in South Dakota
These lenders either list South Dakota on their site or list only a few excluded states, and South Dakota isn't one of them.
| Lender | Loan types | Min FICO | Max purchase LTV | Max cash-out LTV | Min DSCR | Loan size | STR | Foreign national | Coverage |
|---|---|---|---|---|---|---|---|---|---|
| Dominion Financial ServicesDirect to investors | DSCR / rentalBridge | 640 | 80% | — | — | — | Yes | — | All 50 + DC State not confirmed. Verify. |
| Griffin FundingDirect to investors | DSCR / rental | 620 | 85% | 80% | No minimum | $100K–$4.5M | Yes | Yes | All 50 + DC State not confirmed. Verify. |
| Longleaf LendingDirect to investors | DSCR / rentalFix & flipBridge | 640 | 80% | — | Typically >1.0 | $75K–$2M | Yes | — | All 50 + DC State not confirmed. Verify. |
| New SilverDirect to investors | DSCR / rentalFix & flip | 650 | 80% | — | 0.75x | $100K–$5M | Yes | — | All 50 + DC State not confirmed. Verify. |
25 more lenders that may cover South Dakota
These lenders describe nationwide or multi-state lending but don't list states on the pages we checked. Confirm South Dakota eligibility with the lender before paying for an appraisal.
| Lender | Loan types | Min FICO | Max purchase LTV | Max cash-out LTV | Min DSCR | Loan size | STR | Foreign national | Coverage |
|---|---|---|---|---|---|---|---|---|---|
| 5th Street CapitalWholesale (broker-facing) | DSCR / rental | 660 | 85% | 80% | No-ratio option | $250K–$3.5M | Yes | Yes | — State not confirmed. Verify. |
| A&D MortgageDirect to investors | DSCR / rental | — | — | — | As low as 0 (no-ratio) | Up to $3M | Yes | Yes | — State not confirmed. Verify. |
| Angel Oak Mortgage SolutionsWholesale (through brokers) | DSCR / rental | 680 | 85% | — | Below 1.0 / no-DSCR options | $100K–$3M | Yes | Yes | — State not confirmed. Verify. |
| BridgePoint (bplending.com)Direct to investors | DSCR / rentalFix & flipBridge | — | — | — | — | — | — | — | 44 states + DC (specific states not listed in text). State not confirmed. Verify. |
| Capital Funding FinancialDirect to investors | DSCR / rentalFix & flipBridgeHard money | 660 | 80% | — | 0.75x | $200K–$10M | — | Yes | — State not confirmed. Verify. |
| Civic Financial ServicesDirect to investors | DSCR / rentalFix & flipBridge | 660 | 80% | 75% | — | $50K–$3M | — | Yes | — State not confirmed. Verify. |
| Cogo CapitalDirect to investors | Fix & flipHard moneyDSCR / rental | 600 | 80% | — | — | $50K–$3M | — | — | Says it serves investors across America. State not confirmed. Verify. |
| CoreVest FinanceDirect to investors | DSCR / rentalFix & flipBridge | — | 80% | — | 0.8x | From $75K | Yes | — | — State not confirmed. Verify. |
| CV3 FinancialDirect to investors | DSCR / rentalFix & flipBridge | — | 80% | 80% | Minimal DSCR requirements | $75K–$5M | — | — | — State not confirmed. Verify. |
| Easy Street CapitalDirect to investors | DSCR / rentalFix & flipBridge | 600 | — | — | No minimum | $75K–$5M | Yes | — | DSCR in 48 states. Fix-and-flip excludes LA, MN, ND, SD and … State not confirmed. Verify. |
| Express Capital FinancingDirect to investors | DSCR / rentalFix & flip | 600 | 85% | 75% | 1.0x (no-DSCR option) | $50K–$3M | Yes | Yes | DSCR nationwide. Fix-and-flip nationwide except ND, SD, NV, … State not confirmed. Verify. |
| HomeAbroadMortgage company focused on foreign nationals | DSCR / rental | — | 75% | 70% | 0.75x | From $100K | Yes | Yes | — State not confirmed. Verify. |
| HouseMax FundingDirect to investors | Fix & flipBridgeDSCR / rentalHard money | 640 | — | — | — | From $85K | — | — | Describes nationwide lending. State not confirmed. Verify. |
| KiaviDirect to investors | DSCR / rentalFix & flipBridge | — | 80% | — | 0.8x | $75K–$5M | — | — | Homepage states lending in 49 states + DC (excluded state no… State not confirmed. Verify. |
| NewfiDirect to investors | DSCR / rental | 640 | 80% | 80% | 0.75x | — | Yes | — | — State not confirmed. Verify. |
| Park Place FinanceDirect to investors | DSCR / rentalFix & flipBridge | 660 | 85% | 75% | 0.75x | $100K–$5M | Yes | — | Lends in 46 states (specific states not listed in text). State not confirmed. Verify. |
| RCN CapitalDirect to investors | DSCR / rentalFix & flipBridge | 650 | 80% | 75% | 1x | $70K–$3M | — | — | Describes itself as a nationwide private, direct lender. State not confirmed. Verify. |
| Roc CapitalDirect to investors | DSCR / rentalFix & flipBridge | 660 | 80% | 75% | — | $50K–$3M | — | Yes | — State not confirmed. Verify. |
| Stratton EquitiesDirect to investors | DSCR / rentalFix & flipBridgeHard money | 600 | 85% | — | — | $100K–$5M | — | Yes | Describes itself as a nationwide private money and non-QM le… State not confirmed. Verify. |
| Temple View CapitalDirect to investors | DSCR / rentalFix & flipBridge | 660 | 80% | — | 0.75x | $55K–$6M | Yes | Yes | Describes nationwide lending. State not confirmed. Verify. |
| theLenderDirect to investors | DSCR / rental | — | — | — | — | $100K–$3.5M | Yes | — | Homepage: licensed in 48 states. State not confirmed. Verify. |
| Truss Financial GroupDirect to investors | DSCR / rentalFix & flipBridge | 620 | — | — | — | — | — | — | — State not confirmed. Verify. |
| UprightDirect to investors | DSCR / rentalFix & flipBridge | 660 | 80% | 75% | 0.9x | $100K–$3M | Yes | — | — State not confirmed. Verify. |
| Velocity Mortgage CapitalWholesale (through brokers) | DSCR / rentalBridge | — | — | — | — | — | — | Yes | — State not confirmed. Verify. |
| Visio LendingDirect to investors | DSCR / rental | 680 | 85% | — | — | — | Yes | No | Describes nationwide DSCR lending. State not confirmed. Verify. |
Lenders that list South Dakota as excluded or not served
LendingOne, Lima One Capital, Defy Mortgage, Rehab Financial Group, Vaster
How to compare DSCR lenders in South Dakota
Give every lender the same scenario: property address, purchase price or value, rent (for DSCR), credit score, loan amount and how long you plan to hold. Then compare written term sheets: rate, points, lender fees, max LTV, reserves, and the prepayment penalty schedule. A lower rate with a 5-year step-down prepay can cost more than a slightly higher rate with no prepay if you sell or refinance early.
Business-purpose investor loans are regulated at the state level, and licensing rules differ by state. That's why some lenders exclude certain states. Always confirm a lender can close in South Dakota for your property type.