THE FHA IN South Dakota

FHA loans have been helping South Dakota residents since 1934

An FHA Specialist can offer you a better loan including:

  • Low Down Payment Plans

  • Low Closing Cost

  • Easier Credit Qualifications

  • Lowest Federal Reserve based  Interest Rate

  • 24 Hour Pre-Approval Process

South Dakota First Time Home Buyer Loan

This FHA loan program was created to help increase homeownership. The FHA program makes buying a home easier and less expensive than any other types of real estate mortgage home loan program.

Buy a home in South Dakota with help from a Family Member

When buying a home, almost every lender will want to know where your down payment came from. If someone in your family is helping you with that down payment, it is called a Gift of Equity, a special FHA loan program.

South Dakota FHA Refinance to a Lower Rate

Lowering your monthly mortgage payment is easier than ever as FHA Mortgage Interest Rates continue to decline.

South Dakota FHA Debt Consolidation

An FHA Debt Consolidation Loan can change your life, and we can connect you to an FHA Home Lending Expert to talk over your financial situation so you are not left to figure out everything on your own.

South Dakota FHA Home Loan

How it works:

√  Determine the type of FHA Government Loan your needs.

√  Complete an easy 2 minute application form.

√  We will forward your application to one and only one FHA Approved Lender who can best help you base.

  • The type of loan you requested
  • Your down-payment (if purchase loan)
  • The location (State) your property is located
  • Your credit history
  • The best rate available for your loan

√  FHA Loan Specialist will respond within 1 business day. They will explain what type of loan you are approved for, and the options available to you.

√  Immediately that same day, the FHA Lender will overnight your pre-approval letter to you.

√  Review with no obligations your FHA Loan Pre-approval and locked rate.

 

Note - It is very important that you keep this letter. It is your official pre-approval on bank letterhead with your 'locked rate', and if purchasing a house, it is equally important that you present this letter to the real estate agent to confirm your pre-qualification status.

South Dakota FHA Lending Limits 2025

South Dakota Median Home Sale Price Price $340,000

CountyOne Unit Two UnitThree Unit Four Unit
AURORA$524,225 $671,200$811,275 $1,008,300
BEADLE$524,225 $671,200$811,275 $1,008,300
BENNETT$524,225 $671,200$811,275 $1,008,300
BON HOMME$524,225 $671,200$811,275 $1,008,300
BROOKINGS$524,225 $671,200$811,275 $1,008,300
BROWN$524,225 $671,200$811,275 $1,008,300
BRULE$524,225 $671,200$811,275 $1,008,300
BUFFALO$524,225 $671,200$811,275 $1,008,300
BUTTE$524,225 $671,200$811,275 $1,008,300
CAMPBELL$524,225 $671,200$811,275 $1,008,300
CHARLES MIX$524,225 $671,200$811,275 $1,008,300
CLARK$524,225 $671,200$811,275 $1,008,300
CLAY$524,225 $671,200$811,275 $1,008,300
CODINGTON$524,225 $671,200$811,275 $1,008,300
CORSON$524,225 $671,200$811,275 $1,008,300
CUSTER$524,225 $671,200$811,275 $1,008,300
DAVISON$524,225 $671,200$811,275 $1,008,300
DAY$524,225 $671,200$811,275 $1,008,300
DEUEL$524,225 $671,200$811,275 $1,008,300
DEWEY$524,225 $671,200$811,275 $1,008,300
DOUGLAS$524,225 $671,200$811,275 $1,008,300
EDMUNDS$524,225 $671,200$811,275 $1,008,300
FALL RIVER$524,225 $671,200$811,275 $1,008,300
FAULK$524,225 $671,200$811,275 $1,008,300
GRANT$524,225 $671,200$811,275 $1,008,300
GREGORY$524,225 $671,200$811,275 $1,008,300
HAAKON$524,225 $671,200$811,275 $1,008,300
HAMLIN$524,225 $671,200$811,275 $1,008,300
HAND$524,225 $671,200$811,275 $1,008,300
HANSON$524,225 $671,200$811,275 $1,008,300
HARDING$524,225 $671,200$811,275 $1,008,300
HUGHES$524,225 $671,200$811,275 $1,008,300
HUTCHINSON$524,225 $671,200$811,275 $1,008,300
HYDE$524,225 $671,200$811,275 $1,008,300
JACKSON$524,225 $671,200$811,275 $1,008,300
JERAULD$524,225 $671,200$811,275 $1,008,300
JONES$524,225 $671,200$811,275 $1,008,300
KINGSBURY$524,225 $671,200$811,275 $1,008,300
LAKE$524,225 $671,200$811,275 $1,008,300
LAWRENCE$541,650 $693,400$838,150 $1,041,650
LINCOLN$524,225 $671,200$811,275 $1,008,300
LYMAN$524,225 $671,200$811,275 $1,008,300
MARSHALL$524,225 $671,200$811,275 $1,008,300
MCCOOK$524,225 $671,200$811,275 $1,008,300
MCPHERSON$524,225 $671,200$811,275 $1,008,300
MEADE$524,225 $671,200$811,275 $1,008,300
MELLETTE$524,225 $671,200$811,275 $1,008,300
MINER$524,225 $671,200$811,275 $1,008,300
MINNEHAHA$524,225 $671,200$811,275 $1,008,300
MOODY$524,225 $671,200$811,275 $1,008,300
OGLALA LAKOTA$524,225 $671,200$811,275 $1,008,300
PENNINGTON$524,225 $671,200$811,275 $1,008,300
PERKINS$524,225 $671,200$811,275 $1,008,300
POTTER$524,225 $671,200$811,275 $1,008,300
ROBERTS$524,225 $671,200$811,275 $1,008,300
SANBORN$524,225 $671,200$811,275 $1,008,300
SPINK$524,225 $671,200$811,275 $1,008,300
STANLEY$524,225 $671,200$811,275 $1,008,300
SULLY$524,225 $671,200$811,275 $1,008,300
TODD$524,225 $671,200$811,275 $1,008,300
TRIPP$524,225 $671,200$811,275 $1,008,300
TURNER$524,225 $671,200$811,275 $1,008,300
UNION$524,225 $671,200$811,275 $1,008,300
WALWORTH$524,225 $671,200$811,275 $1,008,300
YANKTON$524,225 $671,200$811,275 $1,008,300
ZIEBACH$524,225 $671,200$811,275 $1,008,300