North Dakota Roots

What is North Dakota Roots?

North Dakota Roots is a first mortgage for homebuyers in Statewide County, North Dakota, administered by North Dakota Housing Finance Agency (NDHFA).

• North Dakota Roots assists repeat buyers and households whose income exceeds FirstHome limits, including new North Dakotans, with either a below-market interest rate loan or a market-rate loan that includes down payment and closing-cost assistance. DPA can be added via Start.
• Below-market or market-rate first mortgage with no income or purchase-price limits; can be paired with Start DPA.

Do you have to pay it back?

North Dakota Roots is a first mortgage and is repaid under the terms set by North Dakota Housing Finance Agency (NDHFA).

• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

North Dakota Roots is open to buyers who will live in the home as their primary residence.

What are the income limits?

North Dakota Roots sets its income limit as follows: No income limits.

• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

North Dakota Roots caps the purchase price as follows: No purchase price limits. Maximum Roots loan amount must comply with the current conforming loan limit or the applicable insurer/guarantor limits.

Is there eligibility for specific groups?

North Dakota Roots names veterans, active-duty service members, reservists and National Guard members, surviving spouses, American Indian and Alaska Native buyers, educators, law enforcement officers, firefighters, healthcare workers, buyers with disabilities, and first-generation buyers among the groups it serves.

• Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

North Dakota Roots serves buyers purchasing in Statewide County, North Dakota.

How do you apply?

Applications for North Dakota Roots go through North Dakota Housing Finance Agency (NDHFA), which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program before funds are reserved.

2. 2

   Contact North Dakota Housing Finance Agency (NDHFA) to reserve funds

   Funds are reserved with the provider and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.