Sioux Falls, SD Mortgage Rates
Live Mortgage Rates in Sioux Falls, South Dakota
6.490%
Sioux Falls Conventional Purchase benchmark (80% LTV, 780 FICO), updated Thursday, November 5, 2026 at 1:56 PM UTC
Sourced live from hundreds of wholesale lenders serving Sioux Falls and South Dakota
Sioux Falls Benchmark Rates
Lowest available rate with no discount points paid in Sioux Falls, SD for each standard scenario, sourced live
| Scenario | Rate (no points) | APR |
|---|---|---|
Conventional Conventional Purchase (80% LTV, 780 FICO) · Sioux Falls, SD | 6.490% | 6.529% |
FHA FHA Purchase (96.5% LTV, 680 FICO) · Sioux Falls, SD | 5.990% | 6.025% |
VA VA Purchase (100% LTV, 680 FICO) · Sioux Falls, SD | 5.990% | 6.020% |
2026 Loan Limits in South Dakota
Conforming
$832,750 baseline
FHA
$541,287
Standard FHA limit, applies to most South Dakota counties.
About Sioux Falls Mortgage Rates
The rates shown above reflect the lowest available wholesale pricing for a Sioux Falls, South Dakota homebuyer at the time of the snapshot. Rate Direct pulls pricing from hundreds of lenders serving South Dakota and refreshes hourly, so the numbers stay close to what a licensed mortgage broker could actually source for a Sioux Falls property.
Your specific Sioux Falls rate depends on credit score, loan amount, property type (single-family vs multi-unit vs condo), loan-to-value, and loan purpose. A 780 FICO buyer at 80% LTV will price materially better than a 680 FICO buyer at 95% LTV. To see your exact rate across the full South Dakota lender network, use the Rate Direct pricer.
Sioux Falls buyers also have access to FHA, VA, and USDA programs with lower down payments and more flexible credit guidelines. For down payment assistance specific to South Dakota, see the South Dakota DPA guide.
Get your personalized Sioux Falls mortgage rate
The rates above are the market benchmark for Sioux Falls. Your actual rate depends on your scenario.