Top 3 Mortgage Lenders in Salem

As one of South Dakota's most established financial institutions, Sioux Falls Federal Credit Union serves members across multiple counties including McCook County where Salem is located. They offer highly competitive mortgage rates and personalized service with local decision-making. Their mortgage team provides comprehensive guidance through the entire homebuying process, with special expertise in rural property financing and first-time homebuyer programs. Members consistently praise their responsive service, transparent communication, and competitive rates.

First National Bank Sioux Falls has been serving South Dakota communities for over a century, with a strong presence in rural areas including Salem. They maintain a physical branch in nearby Salem and understand the unique needs of smaller community homebuyers. Their mortgage specialists offer local underwriting and decision-making, providing competitive rates and flexible terms. Customers consistently highlight their expertise in agricultural and rural property financing, personalized service, and deep community commitment.

Guild Mortgage maintains a strong local presence in Sioux Falls with dedicated loan officers who serve the entire southeastern South Dakota region, including Salem. As a national lender with local expertise, they offer a wide range of mortgage products including specialized USDA rural development loans perfect for Salem-area properties. Their team provides personalized service with local processing and underwriting, and they're particularly noted for their efficiency in closing loans and excellent communication throughout the process.