North Dakota Target Area Loan Program Information and Down Payment and Grant Search

Down Payment and Grant Locator

Search for down payment assistance and home buying grants.

What counties are you interested in? *


Use a comma in between multiple counties.

What cities are you interested in? *


Use a comma in between multiple cities.

What type of Property are you interested in? *

Current Housing Situation *

What do you think your credit score is? *

What do you think your co-borrowers credit score is?

When would you like to purchase a home? *


What is your Time Frame?

Email *


Where would you like your reports sent?

Search for Grants (cont)

Check all options that apply to you.

Which applies to you? *

Please check all options that apply to you.

What is the annual household income? *


This includes all people on the loan plus husband or wife even if they are not on the loan.

What is the annual income of borrowers that will be on the loan? *


This only includes the borrowers that will be on the home loan. It is OK to estimate.

What are you current monthly payment? (Don't include rent, heat, electric, insurance or phones) *


(i.e.Include car payments, credit cards, student loans, child support, deferred student loans,etc).


Estimated price range?*


What price range would you like to be looking in?


What is your maximum comfortable payment range?*


This would include principle and interest, taxes, insurance, home owners association, home owners insurance and private mortgage insurance.

What is the total amount of student loans currently outstanding for you and any co-borrower? *


This would include principle and interest, taxes, insurance, home owners association, home owners insurance and private mortgage insurance.

Phone Number



This will be your password, you will need it to log back into your account if you decide to use down payment assistance.

Your Name


What name would you like your application saved under?

Down Payment Assistance (DPA Found) (Grants Found)

We have found available home buying grants and/or DPA(down payment assistance and closing cost assistance). Enter your information below to finish and save your application.

Borrower Name*


Please enter your first name

 


Please enter your last name

Email*


This will be your login user name if you decide to use down payment assistance to buy a home.

Cell Phone*

This will be your login password, if you decide to use down payment assistance to buy a home.

Borrower Social Security Number

Borrower Date of Birth

Address

 

 

 

Co-Borrower Name


if applicable

 


if applicable

Co-Borrower Social Security Number


if applicable

Co-Borrower Date of Birth


if applicable

North Dakota Targeted Area Loan Program

The Internal Revenue Code requires that North Dakota HFA, as an issuer of tax-exempt mortgage revenue bonds, set aside a portion of the proceeds of a bond issue for up to one year for reduced interest rate mortgage loans in Targeted Areas of North Dakota.

What is a North Dakota Targeted Area?

Areas that are “targeted” by the Federal Government were identified in the Census as areas in North Dakota where 70 percent of the families who live there earn an income that is 80 percent or less than the statewide median income.

Where are the North Dakota Targeted Areas located?

To determine if a home is in a North Dakota Targeted Area, search by the address. Type in the address of the property, click on the go button, and the corresponding census tract will appear in the information listed. To qualify, the Census Tract number must match one of the tract numbers identified below.  The page will open in a new window so you will be able to come back to this page.

County Census Tract
Benson Census Tract 9401
McKenzie Census Tract 9401
Rolette Census Tract 9418
Sioux Census Tract 9409

Am I Eligible for a North Dakota Targeted Area Loan?

While a household receiving a North Dakota Targeted Area Loan does not have to be a first-time home buyer.

  1. You must meet income limits, which vary based on county and family size. Include projected income from all sources for the 12 months following the date of application.
    County Family of less than 3 Family of 3 or more
    Benson $90,960 $106,120
    McKenzie $95,280 $111,160
    Rolette $90,960 $106,120
    Sioux $90,960 $106,120
  2. The purchase price of the property must be within program limits.
    County Purchase Limit
    Benson $312,368
    McKenzie $344,578
    Rolette $312,368
    Sioux $337,952
  3. You are expected to meet normal credit underwriting standards and must intend to occupy the property as your principal residence. You are also required to make a minimum of a $500 out-of-pocket cash investment.

How Do I Apply?

Down Payment and Grant Locator

Search for down payment assistance and home buying grants.

What counties are you interested in? *


Use a comma in between multiple counties.

What cities are you interested in? *


Use a comma in between multiple cities.

What type of Property are you interested in? *

Current Housing Situation *

What do you think your credit score is? *

What do you think your co-borrowers credit score is?

When would you like to purchase a home? *


What is your Time Frame?

Email *


Where would you like your reports sent?

Search for Grants (cont)

Check all options that apply to you.

Which applies to you? *

Please check all options that apply to you.

What is the annual household income? *


This includes all people on the loan plus husband or wife even if they are not on the loan.

What is the annual income of borrowers that will be on the loan? *


This only includes the borrowers that will be on the home loan. It is OK to estimate.

What are you current monthly payment? (Don't include rent, heat, electric, insurance or phones) *


(i.e.Include car payments, credit cards, student loans, child support, deferred student loans,etc).


Estimated price range?*


What price range would you like to be looking in?


What is your maximum comfortable payment range?*


This would include principle and interest, taxes, insurance, home owners association, home owners insurance and private mortgage insurance.

What is the total amount of student loans currently outstanding for you and any co-borrower? *


This would include principle and interest, taxes, insurance, home owners association, home owners insurance and private mortgage insurance.

Phone Number



This will be your password, you will need it to log back into your account if you decide to use down payment assistance.

Your Name


What name would you like your application saved under?

Down Payment Assistance (DPA Found) (Grants Found)

We have found available home buying grants and/or DPA(down payment assistance and closing cost assistance). Enter your information below to finish and save your application.

Borrower Name*


Please enter your first name

 


Please enter your last name

Email*


This will be your login user name if you decide to use down payment assistance to buy a home.

Cell Phone*

This will be your login password, if you decide to use down payment assistance to buy a home.

Borrower Social Security Number

Borrower Date of Birth

Address

 

 

 

Co-Borrower Name


if applicable

 


if applicable

Co-Borrower Social Security Number


if applicable

Co-Borrower Date of Birth


if applicable