2026 Construction Loan Lenders for Madison, South Dakota

Lendersa® provides a comprehensive list of construction loan lenders in Madison, SD, featuring regional banks, national lenders, and local hard money lenders. These lenders make use of private funds for projects involving ground-up construction or extensive rehabilitation.

Lenders determine the construction costs in Madison, SD, for a 2,000-square-foot home, with costs starting at $163,382 for basic construction and reaching up to $299,812 for more luxurious builds. Interest rates and the terms of these construction loans vary depending on several factors, including the borrower's financial status, Loan-to-Value (LTV) ratio, After Repair Value (ARV), and the chosen lender type.

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To fully meet all your construction financing needs, Lendersa® utilizes advanced AI technology to match your loan requests with multiple construction lenders instantly. Find the best construction rates available, whether for new builds, fix-and-flip projects, or major rehabs on residential and commercial properties in SD.

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Avoid unnecessary inquiries to maintain your credit score. Secure pre-approval for your land loan without the need to disclose your social security number or sensitive financial details.

Consider the possibility of qualifying for 100% LTV (Loan to Value) financing by agreeing to use additional properties as collateral, known as a blanket loan.

Utilize the Lendersa® land loan calculator to locate vacant land loan lenders within the specified zip codes 57042, streamlining your search for suitable lenders.



Madison Construction Loan Lenders

  • East River Federal Credit Union
  • 220 S Harth Avenueq, Madison, SD, 57042
  • Lends in South Dakota
  • East River Federal Credit Union was founded in October 1956 through the vision of several early members who pooled their resources to create a credit union. Today, we are a healthy, growing, stable financial institution committed to the success and financial well-being of our members and our community.

  • Citizens State Bank, of Arlington
  • 128 Main St, Arlington, SD, 57212
  • Lends in South Dakota
  • Founded in 1901, Citizens State Bank is a community bank committed to offering useful financial products and standout customer service. We are dedicated to providing banking solutions that will make you glad that you chose our Bank. With over 100 years of service to our community, the Citizens State Bank is your hometown bank.

  • American Bank & Trust
  • 200 E 10th St, Suite 100, Sioux Falls, SD, 57104
  • Lends in South Dakota
  • American Bank & Trust is a South Dakota community bank offering personal, business, agricultural, wealth management and insurance products and services.Since 1892, American Bank & Trust has been more than a bank. Our customers are our friends, our neighbors and our connection to the communities we serve.

  • Sioux Falls Federal Credit Union
  • 700 E 14th Street, Sioux Falls, SD, 57104
  • Lends in South Dakota
  • Sioux Falls Federal Credit Union provides the full range of consumer and business financial services. We are a member-owned financial cooperative with local decision-making for all business credit and deposit needs. A full-service locally owned financial institution providing financial services in Minnehaha, Lincoln, Turner

  • BankStar Financial
  • 124 Elk Street, Elkton, SD, 57026
  • Lends in South Dakota
  • BankStar Financial has been sharing bright moments for quite some time with Brookings, Elkton, and Volga as one of the first community banks to take root in the county. While we're ready to help individuals and businesses achieve their largest goals, it's the everyday moments we share with our customers, employees

  • PLAINS COMMERCE BANK
  • 3905 West 49th Street, Sioux Falls, SD, 57106
  • Lends in South Dakota
  • Plains Commerce Bank's sole purpose of operation is to provide their customers with quality service and products, by linking the values of the past with the ideas and technology of the future. Getting its start in rural South Dakota over eighty years ago, Plains Commerce Bank has built a solid foundation.

  • Bluestone Federal Credit Union - East Branch
  • PO Box 90240, Sioux Falls, SD, 57109
  • Lends in South Dakota
  • Bluestone Federal Credit Union a not-for-profit, full service financial cooperative serving 43 counties across Iowa, Minnesota, Nebraska and South Dakota by providing convenient online banking tools and consumer-centric lending and saving solutions.Credit Union a not-for-profit, full service financial cooperative serving 43 counties.

  • Levo Credit Union
  • 1741 S Cleveland Avenue, Sioux Falls, SD, 57103
  • Lends in South Dakota
  • Levo Credit Union provides the full range of consumer and business financial services. We are a member-owned financial cooperative with local decision-making for all business credit and deposit needs. A full-service locally owned financial institution providing financial services in Minnehaha, Lincoln, Turner and McCook County, South Dakota.

  • Service First Federal Credit Union
  • 3901 E 10th St, Sioux Falls, SD, 57103
  • Lends in South Dakota
  • Service First’s history began like most credit unions: with our members. Back in the early stages of America’s financial system, banks were only accessible to the upper class. People began joining forces to create their own financial institutions. Credit unions were started by people, for people.