Top 3 Mortgage Lenders in Watertown

First Premier Bank has been serving Watertown and surrounding communities for decades with a strong local presence and deep community ties. Their mortgage team specializes in South Dakota home financing with particularly strong expertise in rural development loans and agricultural property financing. They consistently receive high marks for personalized service, local underwriting decisions, and competitive rate offerings for Watertown residents.

Great Western Bank maintains a robust mortgage division in Watertown with deep roots in South Dakota communities. Their local loan officers have extensive knowledge of Watertown's housing market and offer specialized programs for first-time homebuyers and agricultural professionals. The bank is particularly noted for its construction lending expertise and ability to close loans quickly with local decision-making authority.

While headquartered in Sioux Falls, Sioux Empire Federal Credit Union actively serves Watertown residents and has dedicated mortgage specialists familiar with the Watertown market. They offer exceptionally competitive rates for credit union members and specialize in first-time homebuyer programs with down payment assistance options. Their mortgage team is praised for transparent communication and educational approach to the home buying process.