Mortgage Lender Index

First State Bank Southwest

First State Bank Southwest received 135 applications in 2025 and made 125 mortgages, in 18 counties across 4 states. The median rate its borrowers got was Not published on a median loan of $205,000. Of 129 decisions, 1 were denials — 0.8%.

Legal Entity Identifier254900QE8DMX9C02HU80
Applications received135
Mortgages made125
Denied1
Approved, not taken up3
Withdrawn or incomplete6
Loans bought from other lenders0
Median rate spread over the prime offer rateNot published
FDIC-insured bankYes: First State Bank Southwest, 6 offices

By loan purpose

PurposeMortgages madeMedian rateMedian loanDenied
Home purchase100 Not published$200,000 1.0%
Refinancing12 Not published$295,000 0.0%
Cash-out refinancing5 Under 10 loansUnder 10 loans 0.0%
Other purposes8 Under 10 loansUnder 10 loans 0.0%

Where First State Bank Southwest lends most

The 18 counties where it made the most mortgages in 2025. Each county page ranks every lender there.

CountyMortgages madeMedian rateDenied
Nobles County, MN 56Not published1.7%
Pipestone County, MN 16Not published0.0%
Minnehaha County, SD 13Not published0.0%
Murray County, MN 9Under 10 loans0.0%
Cottonwood County, MN 5Under 10 loans0.0%
Lincoln County, SD 5Under 10 loans0.0%
Rock County, MN 4Under 10 loans0.0%
Osceola County, IA 3Under 10 loans0.0%
Sioux County, IA 3Under 10 loans0.0%
Lyon County, MN 2Under 10 loans0.0%
Marathon County, WI 2Under 10 loans0.0%
Emmet County, IA 1Under 10 loans0.0%
O'Brien County, IA 1Under 10 loans0.0%
Jackson County, MN 1Under 10 loans0.0%
Renville County, MN 1Under 10 loans0.0%
St. Louis County, MN 1Under 10 loans0.0%
Sherburne County, MN 1Under 10 loans0.0%
St. Croix County, WI 1Under 10 loans0.0%

Get told when this changes

When First State Bank Southwest’s figures are published for the next year, or restated.

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Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.