Program Highlights:
- Five Percent Grant: Receive a grant worth five percent of your loan amount to help with down payment and/or closing costs.
- First-Time Homebuyer: Ideal for first-time homebuyers who haven’t owned a home in the past three years.
Eligibility Criteria:
- Income Limits: Your income must be at or below the prescribed South Dakota Housing Income Limits.
- Primary Residence: The home you wish to purchase must be your primary residence and located in South Dakota.
- Purchase Price Limit: The purchase price of the house must be less than $385,000.
- Recent Graduate: You must have earned a degree from an accredited post secondary educational institution recognized by the U.S. Department of Education within the last 60 months.
Additional Information:
- Limited Time Offer: The Grants for Grads program is available for a limited time and must be used in conjunction with an SDH first mortgage available through a Participating Lender.
Don’t miss this incredible opportunity to achieve your homeownership dreams. Contact us today to learn more about the South Dakota Grants for Grads program and how we can help you get started on your journey to owning your first home!