All of our programs require a $500 out-of-pocket cash investment and you must occupy the home as your principal residence. You must also meet income and purchase price limits. 

Find a participating lender to help you get an NDHFA loan.

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Our Homeownership Programs

  • You must not have owned a home as your principle residence within the last three years (including a manufactured home on a permanent foundation). 
  • You must meet income and purchase price limits. 

Looking for Down Payment and Closing Cost Assistance? You can use DCA or Start!

To qualify, one of the following must describe the households:

  • The mortgagor must be a single-parent with at least one dependent child residing in the home 50 percent of the time.
  • The mortgagor or the mortgagor’s spouse must have served in the active military, naval or air service and been discharged or released from active duty under conditions other than dishonorable.
  • The mortgagor, mortgagor’s spouse or a dependent(s) must be permanently disabled or age 65 or older and reside in the home.
  • You must meet income and purchase price limits.

Looking for Down Payment and Closing Cost Assistance? You can use DCA or Start!

  • You must meet income limits
  • The maximum Roots loan amount must comply with the current Fannie Mae/Freddie Mac conforming loan amount or the limits of the applicable loan insurer/guarantor.

Looking for Down Payment and Closing Cost Assistance? You can use Start!

The Internal Revenue Code requires that NDHFA, 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.

To determine if a home is in a 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.

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

Looking for Down Payment and Closing Cost Assistance? You can use DCA or Start!

Down Payment and Closing Cost Assistance

Through the DCA program, NDHFA provides low-income buyers with affordable mortgage loans that include down payment and closing cost assistance.

DCA cannot be used in conjunction with any other down payment assistance programs. 

  • You must meet income limits.
  • The home you purchase cannot be located within a 100-year flood plain.
  • Only one to two-unit properties (one unit must be occupied by borrower).
  • You must complete a homebuyer education course and receive a certificate of completion that is dated before loan closing.

Through the Start Program, NDHFA provides low- to moderate-income buyers with affordable mortgage loans that include down payment and closing cost assistance.

  • You must meet income and purchase price limits.
  • Start cannot be used in conjunction with any other down payment assistance programs.
  • Start can only be used on one to two-unit properties (one unit must be occupied by borrower).

Through funding provided by the U.S. Department of Housing and Urban Development CDBG National Disaster Resilient Grant, NDHFA offers Minot residents whose homes were damaged by the 2011 Souris River Flood or whose homes are being bought out for flood protection an affordable mortgage loan and up to $60,000 in purchase assistance.

To qualify:

  • You must purchase a single-family home within Minot city limits that is both outside the 100-year floodplain and within a qualified Resilient Neighborhood.
  • You must meet income limits which vary based on family size. Include projected income from all sources for the 12 months following the date of application.
  • You must meet purchase price limits.
  • Contact CDM Smith for documentation of eligibility, (701) 837-5813. Their office is located in the Arrowhead Shopping Center, and is open Monday – Friday from 9:00 AM to 4:00 PM
  • Apply for an NDHFA mortgage loan through an NDHFA Participating Lender.  These lenders originate NDHFA loans and sell them to the agency and have the availability to estimate the maximum incentive amount available to your household.
  • All buyers must complete an NDHFA-approved Homebuyer Education Course.

Resilient Homebuyer Fact Sheet
City of Minot NDR Competition Program

Homebuyer Education

NDHFA, CommunityWorks North Dakota, and The Village Family Service Center have partnered to provide individuals and families with access to eHome America’s online Homebuyer Education program.

The full course is available online and can be completed at your convenience. You’ll learn about the home buying process from start to finish – what you can afford, how to choose the right house, lender and mortgage, and what financial assistance may be available to you.

For a limited time, the fee for eHome America will be waived.  Register at www.ehomeamerica.org/ndhfa and enter coupon code HOME30.

The F-M Homebuyer Class is a 2-day evening class from 5:00-9:00PM in Fargo, ND and serves Fargo, Moorhead, West Fargo, and surrounding areas.  

http://f-mhomebuyerclass.com/

A class for first-time or repeat homebuyers.

https://homeready.frameworkhomeownership.org/

Are you a first-time homebuyer?

Have you previously owned a home?

Great!  Our FirstHome™ might be a good fit for you!

  • You must not have owned a home as your principle residence within the last three years (including a manufactured home on a permanent foundation). 
  • You must meet income and purchase price limits. 

Looking for Down Payment and Closing Cost Assistance? You can use DCA or Start!

To qualify, one of the following must describe the households:

  • The mortgagor must be a single-parent with at least one dependent child residing in the home 50 percent of the time.
  • The mortgagor or the mortgagor’s spouse must have served in the active military, naval or air service and been discharged or released from active duty under conditions other than dishonorable.
  • The mortgagor, mortgagor’s spouse or a dependent(s) must be permanently disabled or age 65 or older and reside in the home.
  • You must meet income and purchase price limits.

Looking for Down Payment and Closing Cost Assistance? You can use DCA or Start!

  • You must meet income limits
  • The maximum Roots loan amount must comply with the current Fannie Mae/Freddie Mac conforming loan amount or the limits of the applicable loan insurer/guarantor.

Looking for Down Payment and Closing Cost Assistance? You can use Start!

The Internal Revenue Code requires that NDHFA, 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.

To determine if a home is in a 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.

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

Looking for Down Payment and Closing Cost Assistance? You can use DCA or Start!

Down Payment and Closing Cost Assistance

Homebuyer Education

Through the DCA program, NDHFA provides low-income buyers with affordable mortgage loans that include down payment and closing cost assistance.

DCA cannot be used in conjunction with any other down payment assistance programs. 

  • You must meet income limits, which vary based on county and family size.
  • The home you purchase cannot be located within a 100-year flood plain.
  • Only one to two-unit properties (one unit must be occupied by borrower).
  • You must complete a homebuyer education course and receive a certificate of completion that is dated before loan closing.

Through the Start Program, NDHFA provides low- to moderate-income buyers with affordable mortgage loans that include down payment and closing cost assistance.

  • Start cannot be used in conjunction with any other down payment assistance programs.
  • Start can only be used on one to two-unit properties (one unit must be occupied by borrower).

Through funding provided by the U.S. Department of Housing and Urban Development CDBG National Disaster Resilient Grant, NDHFA offers Minot residents whose homes were damaged by the 2011 Souris River Flood or whose homes are being bought out for flood protection an affordable mortgage loan and up to $60,000 in purchase assistance.

To qualify:

  • You must purchase a single-family home within Minot city limits that is both outside the 100-year floodplain and within a qualified Resilient Neighborhood.
  • You must meet income limits, which vary based on family size. Include projected income from all sources for the 12 months following the date of application.
  • You must meet purchase price limits.
  • Contact CDM Smith for documentation of eligibility, (701) 837-5813. Their office is located in the Arrowhead Shopping Center, and is open Monday – Friday from 9:00 AM to 4:00 PM
  • Apply for an NDHFA mortgage loan through an NDHFA Participating Lender.  These lenders originate NDHFA loans and sell them to the agency and have the availability to estimate the maximum incentive amount available to your household.
  • All buyers must complete an NDHFA-approved Homebuyer Education Course.

Resilient Homebuyer Fact Sheet
City of Minot NDR Competition Program

NDHFA, CommunityWorks North Dakota, and The Village Family Service Center have partnered to provide individuals and families with access to eHome America’s online Homebuyer Education program.

The full course is available online and can be completed at your convenience. You’ll learn about the home buying process from start to finish – what you can afford, how to choose the right house, lender and mortgage, and what financial assistance may be available to you.

For a limited time, the fee for eHome America will be waived. Register at www.ehomeamerica.org/ndhfa and enter coupon code HOME30.

The F-M Homebuyer Class is a 2-day evening class from 5:00-9:00PM in Fargo, ND and serves Fargo, Moorhead, West Fargo, and surrounding areas.  

http://f-mhomebuyerclass.com/

A class for first-time or repeat homebuyers.

https://homeready.frameworkhomeownership.org/

Qualifying Income

Calculators

A requirement of NDHFA homeownership programs is that household income must be below a specific income limit according to family size and county of residence. We must count the income of the borrower, spouse, and co-borrower(s). This includes all income sources, including but not limited to, full and part time employment wages, self-employed income, child support, social security benefits, and pension/retirement income. Check our income limits and/or consult with a participating lender to determine your eligibility.

These calculators are intended to provide guidance and financial estimates. Please reach out to a participating lender for precise calculations. 

http://myhome.freddiemac.com/resources/calculators.html