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Embark on Your Homeownership Journey with GROW SD’s Down Payment Assistance

Friday, March 15, 2024

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Exciting News from GROW SD! Learn about our Down Payment Assistance program, providing 0% deferred loans up to $10,500 for your dream home!

Unlock Your Homeownership Journey! Discover the factors that impact your eligibility for GROW SD's Down Payment Assistance program. Whether you're buying in a rural or urban area, your household income and our available funds play a role. Funding typically ranges from $5,000 - $7,500, provided as a 0% interest, deferred loan that follows the terms of your first mortgage.

Unlock Your Homeownership Journey with GROW SD’s Down Payment Assistance!

Down Payment Assistance (DPA)  is a 0% deferred loan (this is not a grant or forgivable loan product). It will be due upon any one of the conditions: 

  • The property is refinanced, 
  • Property is sold, or an exchange of residence takes place, 
  • Property ceases to be the principal residence of the homeowner,
  • First, the mortgage and note reach the maturity date, or the note is paid in full, whichever comes first. 

Find out more at https://growsd.force.com/growsdcft #Homeownership #SDHousing

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The GROW South Dakota Organizations have had a Remarkable Few Years!

NESDEC closed over 70 business loans for a total of $7.38M in 2023!

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GROW South Dakota

GROW South Dakota
104 Ash Street East
Sisseton, SD  57262
Phone (605) 698-7654
Fax (605) 698-3038 info@growsd.org