Grants for Grads

Have you graduated from college in the past 5 years?

The Grants for Grads Home-Ownership Program is a limited time program that provides 5% of the loan amount as a grant to be used for down payment or closing cost assistance when recent graduates wish to purchase their first home in South Dakota.

Click here to do a search to find out if your school is an accredited post-secondary school.

Who is Eligible?

  • First-time home buyer – you have not owned a home in the past 3 years.
  • You are buying your principle residence within the state of South Dakota.
  • The purchase price is less than $250,200.
  • Your income is at or below the income limits.
  • You have a credit score of at least 620.

How do I Apply?

Our on-site mortgage lender, Jen Albers with Marketplace Home Mortgage, would be happy to help you get the loan process started. 

Email: jalbers@marketplacehome.com
Call or Text: (605) 359-8999
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For more information, please complete the form below: