Participating Lenders are key to the success of SDHDA programs especially the First-time Homebuyers Program.

With the support of our Participating Lenders, SDHDA has been able to provide a variety of affordable housing programs to the citizens of South Dakota.  There are many benefits to being an SDHDA Participating Lender, one of which is the net profit margin as well as the ability to meet CRA lending requirments and provide financing for communities to stabilize neighborhoods by increasing homeownership opportunities.

The SDHDA First-time Homebuyer Program offers Participating Lenders access to a 24/7 internet-based system for processing SDHDA loan reservations.  This system features on-line programs documents and forms, manuals and lender management reports.  SDHDA also provides yearly training to all of its Participating Lenders to keep them up-to-date with all of the latest program enhancements.

A Participating Lender must be approved by SDHDA's Master Servicer and be approached by SDHDA.  To begin the process, contact SDHDA's Master Servicer's HELP DESK at: 1.800.562.5165 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it

*Once approved by SDHDA's Master Servicer, click on the link for SDHDA's Mortgage Participating Lender Agreement,  click here.