Zero-down USDA Guaranteed Loans are the most popular rural development mortgage program in South Dakota. These loans are available for anyone with low to moderate income to purchase a home in approved rural areas with no down payment. Other USDA loan limits and resources can be viewed here:
USDA Loan Limits
USDA Loan Income Limits
USDA Loan Requirements
USDA Loan Programs
USDA doesn’t set specific maximum loan limits for guaranteed mortgages. Instead, local limits are determined by a combination of the area USDA maximum income limit and the borrowers debt-to-income ratio. This approach means that guaranteed maximum USDA loan limits are fluid and based upon numerous factors, unlike low-income USDA Direct Loans, which have set maximum limits. The figures listed below are based on approximate calculations. Actual guaranteed maximum loan limits may vary.
South Dakota USDA Loan Limits – Guaranteed Loans
Area | 1-4 Person Households | 5-8 Person Households |
---|---|---|
Aurora County, SD | $306,000 | $391,000 |
Beadle County, SD | $306,000 | $391,000 |
Bennett County, SD | $306,000 | $391,000 |
Bon Homme County, SD | $306,000 | $391,000 |
Brookings County, SD | $306,000 | $408,000 |
Brown County, SD | $306,000 | $391,000 |
Brule County, SD | $306,000 | $391,000 |
Buffalo County, SD | $306,000 | $391,000 |
Butte County, SD | $306,000 | $391,000 |
Campbell County, SD | $306,000 | $391,000 |
Charles Mix County, SD | $306,000 | $391,000 |
Clark County, SD | $306,000 | $391,000 |
Clay County, SD | $306,000 | $391,000 |
Codington County, SD | $306,000 | $391,000 |
Corson County, SD | $306,000 | $391,000 |
Custer County, SD HUD Metro FMR Area | $306,000 | $391,000 |
Davison County, SD | $306,000 | $391,000 |
Day County, SD | $306,000 | $391,000 |
Deuel County, SD | $306,000 | $391,000 |
Dewey County, SD | $306,000 | $391,000 |
Douglas County, SD | $306,000 | $391,000 |
Edmunds County, SD | $323,000 | $417,000 |
Fall River County, SD | $306,000 | $391,000 |
Faulk County, SD | $306,000 | $408,000 |
Grant County, SD | $306,000 | $391,000 |
Gregory County, SD | $306,000 | $391,000 |
Haakon County, SD | $306,000 | $391,000 |
Hamlin County, SD | $306,000 | $391,000 |
Hand County, SD | $306,000 | $408,000 |
Hanson County, SD | $306,000 | $408,000 |
Harding County, SD | $306,000 | $391,000 |
Hughes County, SD | $374,000 | $483,000 |
Hutchinson County, SD | $306,000 | $391,000 |
Hyde County, SD | $323,000 | $408,000 |
Jackson County, SD | $306,000 | $391,000 |
Jerauld County, SD | $306,000 | $391,000 |
Jones County, SD | $306,000 | $391,000 |
Kingsbury County, SD | $306,000 | $391,000 |
Lake County, SD | $323,000 | $417,000 |
Lawrence County, SD | $306,000 | $391,000 |
Lyman County, SD | $306,000 | $391,000 |
Marshall County, SD | $306,000 | $391,000 |
McPherson County, SD | $306,000 | $391,000 |
Meade County, SD HUD Metro FMR Area | $306,000 | $391,000 |
Mellette County, SD | $306,000 | $391,000 |
Miner County, SD | $306,000 | $391,000 |
Moody County, SD | $306,000 | $391,000 |
Oglala Lakota County | $306,000 | $391,000 |
Perkins County, SD | $306,000 | $391,000 |
Potter County, SD | $306,000 | $391,000 |
Rapid City, SD HUD Metro FMR Area | $306,000 | $391,000 |
Roberts County, SD | $306,000 | $391,000 |
Sanborn County, SD | $306,000 | $391,000 |
Sioux Falls, SD MSA | $340,000 | $449,000 |
Spink County, SD | $306,000 | $391,000 |
Stanley County, SD | $306,000 | $391,000 |
Sully County, SD | $323,000 | $417,000 |
Todd County, SD | $306,000 | $391,000 |
Tripp County, SD | $306,000 | $391,000 |
Union County, SD SEA | $306,000 | $391,000 |
Walworth County, SD | $306,000 | $391,000 |
Yankton County, SD | $306,000 | $391,000 |
Ziebach County, SD | $306,000 | $391,000 |