South Dakota 2020 FHA Loan Limits

Last Updated: Thu, January 2, 2020

Loan Limits in South Dakota

South Dakota has 65 counties with FHA Limits ranging from a low of $331,760 for a 1-bedroom unit in Aurora County to a high of $638,100 for a 4-bedroom unit in Aurora County.

For more details about the loan limits (including FHA Limits, HECM Limits, and Fannie Mae & Freddie Mac loan limits) in any of South Dakota's counties, choose the county from the interactive map or the list below.



Lowest Loan Limit ($638,100)
Highest Loan Limit ($638,100)

† Lowest limit for homes with four living-units. There are lower limits for homes with fewer living-units.

Loan Limits by County in South Dakota (65 counties)

County Single Unit Limit (lowest) Four-Plex Limit (highest)
Aurora County $331,760 $638,100 view details »
Beadle County $331,760 $638,100 view details »
Bennett County $331,760 $638,100 view details »
Bon Homme County $331,760 $638,100 view details »
Brookings County $331,760 $638,100 view details »
Brown County $331,760 $638,100 view details »
Brule County $331,760 $638,100 view details »
Buffalo County $331,760 $638,100 view details »
Butte County $331,760 $638,100 view details »
Campbell County $331,760 $638,100 view details »
Charles Mix County $331,760 $638,100 view details »
Clark County $331,760 $638,100 view details »
Clay County $331,760 $638,100 view details »
Codington County $331,760 $638,100 view details »
Corson County $331,760 $638,100 view details »
Custer County $331,760 $638,100 view details »
Davison County $331,760 $638,100 view details »
Day County $331,760 $638,100 view details »
Deuel County $331,760 $638,100 view details »
Dewey County $331,760 $638,100 view details »
Douglas County $331,760 $638,100 view details »
Edmunds County $331,760 $638,100 view details »
Fall River County $331,760 $638,100 view details »
Faulk County $331,760 $638,100 view details »
Grant County $331,760 $638,100 view details »
Gregory County $331,760 $638,100 view details »
Haakon County $331,760 $638,100 view details »
Hamlin County $331,760 $638,100 view details »
Hand County $331,760 $638,100 view details »
Hanson County $331,760 $638,100 view details »
Harding County $331,760 $638,100 view details »
Hughes County $331,760 $638,100 view details »
Hutchinson County $331,760 $638,100 view details »
Hyde County $331,760 $638,100 view details »
Jackson County $331,760 $638,100 view details »
Jerauld County $331,760 $638,100 view details »
Jones County $331,760 $638,100 view details »
Kingsbury County $331,760 $638,100 view details »
Lake County $331,760 $638,100 view details »
Lawrence County $331,760 $638,100 view details »
Lincoln County $331,760 $638,100 view details »
Lyman County $331,760 $638,100 view details »
Mccook County $331,760 $638,100 view details »
Mcpherson County $331,760 $638,100 view details »
Marshall County $331,760 $638,100 view details »
Meade County $331,760 $638,100 view details »
Mellette County $331,760 $638,100 view details »
Miner County $331,760 $638,100 view details »
Minnehaha County $331,760 $638,100 view details »
Moody County $331,760 $638,100 view details »
Pennington County $331,760 $638,100 view details »
Perkins County $331,760 $638,100 view details »
Potter County $331,760 $638,100 view details »
Roberts County $331,760 $638,100 view details »
Sanborn County $331,760 $638,100 view details »
Spink County $331,760 $638,100 view details »
Stanley County $331,760 $638,100 view details »
Sully County $331,760 $638,100 view details »
Todd County $331,760 $638,100 view details »
Tripp County $331,760 $638,100 view details »
Turner County $331,760 $638,100 view details »
Union County $331,760 $638,100 view details »
Walworth County $331,760 $638,100 view details »
Yankton County $331,760 $638,100 view details »
Ziebach County $331,760 $638,100 view details »

How to qualify for an FHA Loan in South Dakota?

To qualify for an FHA loan in South Dakota, your home loan must be below the local FHA loan limits in your area. For 2020, the maximum loan limit in South Dakota is $331,760 for a single-family home and $638,100 for a four-plex. Limits varies by county. The minimum loan limit is $5,000.

Loan limits vary by county and home size. In addition to loan limits, to qualify for an FHA loan you must live in the home as your primary residence. If you're purchasing a multi-family home, the monthly Fair Market Rent (FMR) for the property must exceed 1% of the purchase price. FHA loans cannot be used for commercial real estate investment purposes or "flipping" homes in South Dakota. Additional restricts apply. Click on the South Dakota map above or the table below to see loan limits in your area.


** Document Provided By FHALoans.guide **
Source: https://fhaloans.guide/loan-limits/south-dakota