Dan Green

Dan Green

Since 2003, Dan Green has been a leading mortgage lender and respected industry authority. His unwavering commitment to first-time home buyers and home buyer education has established him as a trusted voice among his colleagues, his peers, and the media. Dan founded Homebuyer.com to expand the American Dream of Homeownership to all who want it. .

Couple at home looking at tablet

How We Make Money

Homebuyer.com is your trusted guide to homeownership. Since 2003, our team has offered real-world expertise and advice to tens of millions of U.S. home buyers. Our content stands on its integrity: it's factual, unbiased, and free from outside influences. Read our editorial guidelines.

Homebuyer.com is a mortgage-company-affiliated publisher. We earn compensation when you click specific links on the website, or apply for a mortgage with Homebuyer.com or a partner listed in our comparison tables. Our partners compensate us differently, so we randomize our tables to protect our readers from steering. We may also earn compensation for advertisements on the site, which are indicated clearly. Note that limitations in our software, whether we originate mortgages in your area, and credit factors may affect the offers and comparison tables you see on various parts of this site. We do not include offers for every mortgage product available. Someday, we hope we will.

Certified Accurate

Certified Accurate

Your trust matters to us. This article was thoroughly checked for accuracy as of February 14, 2024. Homebuyer.com ensures every piece of information we share reflects the latest in mortgage standards. Learn more about our commitments to our readers in our editorial guidelines.

Mortgage Loan Limits for South Dakota

Conforming Loans
FHA Loans
Property Type
2024 Loan Limit
1-Unit Homes
$766,550
2-Unit Homes
$981,500
3-Unit Homes
$1,186,350
4-Unit Homes
$1,474,400
Source: Federal Housing Finance Agency; Federal Housing Administration

South Dakota mortgage loan limits apply in:

Historical Charts: Mortgage Loan Limits in South Dakota

South Dakota mortgage loan limits adjust annually to match changes in the FHFA House Price Index.

Conforming Loans
FHA Loans

Mortgage Statistics from South Dakota

South Dakota mortgage statistics are sourced from the FFIEC, which collects anonymous HMDA mortgage data from U.S. mortgage applications.

Loan Type
Relative Share
Conventional
69.09%
FHA
13.71%
VA
4.18%
USDA
13.02%
Property Type
Relative Share
1-Unit Homes
99.30%
2-Unit Homes
0.48%
3-Unit Homes
0.09%
4-Unit Homes
0.14%
Borrower Status
Relative Share
One Borrower
55.47%
Two or More Borrowers
44.53%
Gender
Relative Share
Male
57.12%
Female
28.09%
Not Specified
14.79%
Race
Relative Share
American Indian / Alaska Native
1.21%
Asian
1.36%
Black / African American
1.32%
Native Hawaiian / Other Pacific Islander
0.09%
White
93.87%
Other
2.15%
Ethnicity
Relative Share
Hispanic or Latino
2.64%
Not Hispanic or Latino
95.84%
South Dakota data represents 2018-2022 closed-end, first-lien purchase mortgages for 1-4 unit residential properties. Source: FFEIC Home Mortgage Disclosure Act

Mortgage Loan Limits in All South Dakota Counties

2024 conforming and FHA mortgage loan limits for all South Dakota counties. Local loan limits and county-level mortgage data updated regularly.

South Dakota Counties

Aurora County, South Dakota
Beadle County, South Dakota
Bennett County, South Dakota
Bon Homme County, South Dakota
Brookings County, South Dakota
Brown County, South Dakota
Brule County, South Dakota
Buffalo County, South Dakota
Butte County, South Dakota
Campbell County, South Dakota
Charles Mix County, South Dakota
Clark County, South Dakota
Clay County, South Dakota
Codington County, South Dakota
Corson County, South Dakota
Custer County, South Dakota
Davison County, South Dakota
Day County, South Dakota
Deuel County, South Dakota
Dewey County, South Dakota
Douglas County, South Dakota
Edmunds County, South Dakota
Fall River County, South Dakota
Faulk County, South Dakota
Grant County, South Dakota
Gregory County, South Dakota
Haakon County, South Dakota
Hamlin County, South Dakota
Hand County, South Dakota
Hanson County, South Dakota
Harding County, South Dakota
Hughes County, South Dakota
Hutchinson County, South Dakota
Hyde County, South Dakota
Jackson County, South Dakota
Jerauld County, South Dakota
Jones County, South Dakota
Kingsbury County, South Dakota
Lake County, South Dakota
Lawrence County, South Dakota
Lincoln County, South Dakota
Lyman County, South Dakota
Mccook County, South Dakota
Mcpherson County, South Dakota
Marshall County, South Dakota
Meade County, South Dakota
Mellette County, South Dakota
Miner County, South Dakota
Minnehaha County, South Dakota
Moody County, South Dakota
Oglala Lakota County, South Dakota
Pennington County, South Dakota
Perkins County, South Dakota
Potter County, South Dakota
Roberts County, South Dakota
Sanborn County, South Dakota
Spink County, South Dakota
Stanley County, South Dakota
Sully County, South Dakota
Todd County, South Dakota
Tripp County, South Dakota
Turner County, South Dakota
Union County, South Dakota
Walworth County, South Dakota
Yankton County, South Dakota
Ziebach County, South Dakota
National Data

See Today’s Mortgage Rates in South Dakota

       

Today's 30-year fixed-rate mortgage rate in South Dakota is 6.75%. See current mortgage rates for every mortgage product and check your eligibility for first-time home buyer programs with an Immedate Mortgage Approval by Homebuyer.com.

Get Pre-approved

Find out what you can purchase today

Homebuyer.com logo              
Equal Housing Lender Member FDIC

About

Learn

Research

Tools

© 2021-2024 All rights reserved. Growella Inc d/b/a Homebuyer. Homebuyer.com is powered by Novus Home Mortgage, a division of Ixonia Bank, NMLS 423065. www.nmlsconsumeraccess.org Homebuyer is located at 230 Findlay Street, Cincinnati, Ohio 45214. Novus Home Mortgage, a division of Ixonia Bank, is located at 20225 Water Tower Blvd. Suite 400, Brookfield, WI 53045. We have no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture, or any other government agency. US Government agencies have not reviewed this information and this site is not connected with any government agency. Equal Housing Lender. Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. The receipt of the application does not represent an approval for financing or interest rate guarantee. Restrictions may apply.