South Dakota Housing First-Time Homebuyer Program
Housing & HomeownershipFirst Time Homebuyer
Program at a Glance
- Location: South Dakota (statewide)
- Status: Open through participating lenders
- Maximum benefit: Not published; call SD Housing or a participating lender
- Who it’s for: First-time buyers
- Also available: A mortgage credit certificate, which lets eligible first-time buyers claim a federal tax credit
- Last verified: November 2026
About the Program
South Dakota Housing's first-time buyer program offers low down payment options and competitive rates, with down payment assistance for some buyers depending on income and circumstances. It also offers a mortgage credit certificate, which lets eligible first-time buyers claim a federal tax credit. FHA, VA and USDA loans are available through the same lenders, and VA and USDA loans often need no down payment. Dollar amounts and income limits aren't published on the program page, so you'll need to call SD Housing or a participating lender.
Official source: Program details
Thinking About South Dakota?
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