The Sky Ridge Development in Spearfish is a new affordable housing project that is underway. If you are on their waitlist, let us help you get pre-qualified today.*

*Limitations apply and applicant must meet qualifications. See Lender for more details. NMLS #405485

Must be on the Sky Ridge Waitlist
Must have an Income Verification Letter from BHCB to determine which tier you are eligible for:
- Tier 1: $215,000 and under – 125% area median income (AMI)
- Tier 2: $275,000 and under – 150% area median income (AMI)
- Tier 3: $340,000 and under – 175% area median income (AMI)

Must be prequalified for a mortgage – up to $215K, $275K, or $340K (See Prequalification Checklist in the “How to Get Started” section below.)
- Homes may be under that price but must be able to close on a home up to that limit
- Prequalification can happen with Black Hills Community Bank

With the income verification letter and mortgage prequalification letter in hand, you can move forward with a purchase agreement

First time home buyer program
Repeat home buyer program
100% financing options
Down Payment Assistance:
- Grant funds up to $7,500
- SD Housing down payment loans
- GROW SD loans up to $5,000
South Dakota Housing
Rural Development
FHA
VA
Conventional

Apply Online Now!

Click here to access the mortgage application
Upload checklist items listed below to get prequalified for your mortgage

You can begin the mortgage qualification process online before being called for income verification to speed through the process even faster!

Prequalification Checklist Items

Driver’s License – Provide a photocopy for each borrower.
Pay Stub(s) – Provide your most recent paystubs(s) that cover 30-days earnings.
W-2’s – For the following years: 2020 & 2021.
Bank Statements – Provide the most recent 2 months statements (include all pages even if blank).
Tax Returns – Provide signed & dated personal tax returns of the most recent 3 years.

***Additional documentation may be required as the loan process advances.

10 Reasons WHY you should let us help you reach your home goals:

We want to earn your business
Competitive rates, with flexible rate quote options
Local community lenders, processing, underwriting and closing
Communication and “LOAN PROGRESS REPORTS” to listing and selling realtors
Investing What Counts with $53,000 “Pass It On” donations in our community
We look for ways to say “yes” with CAN DO attitudes
Variety of Loan Types (Conventional, FHA, VA, RD, SDHDA, New Construction)
Experienced Professionals with over 75+ combined years
We secured $853,440 in down payment assistance, including loans and forgivable grants, the last three years
Full service bank – creating relationship banking