If you need assistance, please call 605-490-2040

Trusted Black Hills Lenders

Hand-Picked Lenders Who Actually Call You Back

Two local pros I trust to get your deal done right.

If you're buying a home in the Black Hills or Rapid City area, your lender choice matters. The right local lender understands the properties here, knows what appraisers look for, and will pick up the phone when something comes up. These are two professionals I've worked with extensively, and both have earned my trust.

Whether you're using a VA loan, buying your first home, or exploring South Dakota's programs for down payment assistance, these folks can help you find the best fit for your situation.

Direct Lender

Josh Campbell – CMG Home Loans

Josh is my mortgage wizard and resident numbers nerd. He's a direct lender who digs into the details of every deal, and he's especially strong with VA loans, conventional financing, and helping buyers crunch the numbers to improve their credit and boost their buying power.

Why I recommend Josh: CMG typically doesn't sell your loan after closing, so you're not handed off to an out-of-state servicer. He also offers a low closing cost program and a credit rescore service that has helped many of my clients improve their buying power before locking in their rate.

Mortgage Broker

Trent Gonzalez – Affiliated Mortgage

Trent is a mortgage broker, which means he shops multiple lenders to find the best rate and program for your situation. He's especially helpful if you need flexibility or want a second opinion before committing.

Why I recommend Trent: As a broker, he can shop a wide range of lenders to find the best rate and program for you. He's helped many of my clients find creative solutions that big-box lenders couldn't touch.

Common Loan Types

Not sure which loan is right for you? Here's a quick overview of the most common options. Both Josh and Trent are well-versed in all of these — just reach out and they'll help you figure out the best fit for your situation.

  • VA Loans — Available to eligible veterans and active-duty military. Zero down payment required, no private mortgage insurance, and competitive rates. One of the best loan products available if you qualify.
  • Conventional Loans — The most common loan type. Typically requires 3% to 20% down depending on your situation. Great for buyers with solid credit who want flexibility in terms and property types.
  • FHA Loans — Backed by the federal government with a minimum 3.5% down payment and more flexible credit requirements. A popular choice for first-time buyers or those still building their credit profile.
  • USDA Rural Development Loans — Zero down payment for buyers in eligible rural areas. Much of the Black Hills region qualifies, making this a great option that many buyers overlook.
  • Jumbo Loans — For higher-priced properties that exceed standard conventional loan limits. If you're eyeing a premium property, this is likely the route you'll take.
  • SDHDA Programs — South Dakota Housing Development Authority programs that offer down payment assistance and below-market interest rates for qualifying buyers. A great resource for first-time buyers in particular.
  • New Construction & Land Loans — Financing options for buyers building a home, purchasing land, or looking at manufactured and modular housing. More complex than a standard purchase, but very doable with the right lender.

Every buyer's situation is different. Text or call me at (605) 490-2040 and I'll personally connect you with the right lender for your specific loan type and goals.

Frequently Asked Questions

What's the typical down payment?

It depends on the loan type. VA and USDA loans offer 0% down for eligible buyers. FHA loans require 3.5%. Conventional loans typically start at 3% to 5% for first-time buyers. SDHDA programs may also help reduce what you need upfront.

Does South Dakota offer homebuyer programs?

Yes. The South Dakota Housing Development Authority (SDHDA) offers first-time buyer programs, low-interest loans, and down payment assistance. Both Josh and Trent are familiar with these options.

Why use a local lender instead of an online one?

Local lenders know Black Hills properties — wells, septic systems, rural access, and what appraisers look for here. They won't add unnecessary requirements that delay or kill deals. And when something comes up, they actually answer the phone.

Do I have to use one of these two lenders?

Not at all. These are simply two I've personally worked with and trust. If you already have someone you're working with, I'm happy to coordinate with them too.

Do you have other lender recommendations?

Yes. I've got connections with other trusted lenders who specialize in land loans, new construction, manufactured housing, jumbo loans, and other unique situations. Just let me know what you need.

Are these lenders good for VA loans?

Yes. Both Josh and Trent work with a lot of VA buyers and know how to get VA loans done quickly and correctly, without asking for anything that isn't required by VA guidelines.

Quick note: I'm not a lender. I'm your REALTOR. I don't quote rates, pull credit, or approve loans. But I do work closely with your lender to keep things moving and make sure you're never left in the dark.

Want a personal intro to Josh or Trent?

Need a different type of lender recommendation? I've got you covered.

(605) 490-2040
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Testimonials
Roy was born to do this job. Communication on point as he was always available from showings, to making this process a breeze by being there every step of the way to always answering our list of questions. Knowledge on point from knowing what we were looking for and not showing us houses above our means. We not only had an amazing realtor but made a lifelong friend as this is how he treated us through the whole process. Roy definitely went above and beyond anything we could have asked for. We will forever be grateful for him assisting in finding our first home to raise our family in. Thank you so much for everything, Roy. Your stuck with us forever!
by Jessica and Bill
As the headline reads, this is a very bittersweet moment for us as we are going to miss all of our interactions with Henry! He is just so personable, intuitive, fun, and has been absolutely amazing to work with!! The buying of our new home definitely came with some “hiccups” but Henry’s confidence and professionalism allowed us to stay positive and on the right track. He did not give up and is the reason we can emotionally say that we are HOME. Words cannot express our thanks Henry!!
by The Timms
I knew I wanted Roy to help us sell our house, as we've known him for several years from photographing our wedding and then subsequent family photos for 6+ years. Roy really makes sure you are taken care of as a seller- (our experience was with only with selling our home.) He made sure to take amazing photos of our house and property, gave us tips and tricks to make the house look nice for showings, even came back and took new photos after we removed it from the market for a few months to finish up some construction before relisting it- all without complaint. This was a move out of state for us, so he checked in on our house for us while it was sitting empty waiting for its new owners, even stopping to get mail once when a package was mistakenly mailed to the old address. He handled every bump in the process with grace and even took care of an issue with another agent for us. You won't regret all the hard work that he will put into advertising and marketing your home. He even sent us a sweet gift to our new home on closing day. We had a lot of stressful events leading up to and including the day of closing, so it was nice to have the peace of mind of someone I trusted with this process.
by Dan & Jessica
Ascend Realty
Henry Ulrich
1575 N Lacrosse St, Suite K
Rapid City, SD 57701
605-490-2040

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