Skip to main content.
Add to Report View Custom Report

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

Friday, March 15, 2024

Main News Photo

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 #Homeownership #SDHousing

Category: (none)

Click the NESDCAP_Business photo to open

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!

Footer Logo

GROW South Dakota

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