Conventional Fixed-Rate Loans
Payments you can count on—our fixed-rate loans are offered in a variety of terms with a monthly payment that stays put for the life of the loan.
- Same payment amount every month
- Different terms available
- Purchase or refinance
Conventional Adjustable-Rate Mortgage (ARM)
Planning a short stay? Take advantage of low early rates if you have the wherewithal to pay off your loan early and often. It’s a decent option for a short-term residency.
- Low initial rates and payments
- Initial, subsequent and lifetime rate caps apply
- No prepayment penalty required
- Purchase or refinance
Construction/Lot Loans
Break ground on your ideal home—fund your lot purchase and/or your building project, start to finish.
- No down payment
- Extremely low rates
- Term up to 9 months
Home-Equity Loans
You've put time and money into making your house a home, and those payments you've made have increased the equity. Now it's time to let your home give something back.
- Make improvements
- Fund travel expenses
- Consolidate debt
- Potentially deduct the interest on your taxes (consult your tax adviser)
FHA Loans
Lack of down-payment funds or an imperfect credit score don’t need to keep you from buying a home. Get mortgage funding for low to moderate earners.
- Low down payment
- Lower rates
VA Loans
You served—let us serve you. Veterans and military families can take advantage of mortgages with low monthly payments and no down payment required.
- Available to veterans
- Up to 100% financing
- Lower rates
First-Time Homebuyer Loans
Get your foot in the door—this assistance program offers manageable interest and down-payment help for low- to middle-income households, with the option to earn a Mortgage Credit Certificate (MCC).
- First time home buyer, meaning you have not owned a home in the last 3 years
- Low down payment
- Income limits apply
- The purchase price must be less than $250,200
Repeat Homebuyer Loans
Help isn’t just for the first-timers—this down-payment and mortgage assistance program provides reasonable financial options for those buying again who meet certain income standards.
- Low fixed rate
- Down payment and closing cost assistance
- Reduced mortgage assistance
- Less paperwork
Rural Development Loans
If country living is more your speed, we can help fund your home purchase in rural South Dakota. Bonus? Affordable rates for low to moderate earners.
- Available to those looking to purchase a home outside of metropolitan areas, specifically for rural areas and towns with a population less than 35,000
- Up to 100% financing
- Income limits apply
