Overview
North Dakota's housing market offers opportunities for first-time buyers, with a median home price of approximately $250,000. The North Dakota Housing Finance Agency (NDHFA) provides the primary state-level assistance through mortgage programs and down payment assistance for qualifying buyers.
The FirstHome Program is a north dakota housing finance agency's key offering for first-time buyers, providing below-market rate first mortgage with up to $12,000 in dpa as a second mortgage. This program is designed to reduce the upfront cost barrier that prevents many qualified buyers from purchasing a home. Buyers must complete a HUD-approved homebuyer education course and work with an approved lender.
State Programs
FirstHome Program
Below-market rate mortgage with DPAHomeAccess Program
Down payment assistanceFederal Programs Available in North Dakota
These nationwide programs can be combined with North Dakota state assistance for maximum benefit.
FHA Loan Program
Low down payment mortgageVA Home Loan
Zero down payment mortgageUSDA Rural Development Loan
Zero down payment mortgageTips for First-Time Buyers in North Dakota
The HomeAccess Program extends additional support through up to $5,000 as a grant for qualifying buyers. North Dakota has a flat income tax of 1.95% (one of the lowest in the nation). Property taxes average about 0.98%. Affordable home prices and low taxes make ND one of the easiest states for first-time buyers.
Federal programs complement state offerings in North Dakota. FHA loans require just 3.5% down with flexible credit requirements. VA loans provide zero-down-payment financing for veterans and active-duty military, particularly relevant near Minot Air Force Base, Grand Forks Air Force Base. USDA loans offer zero-down-payment options in eligible rural areas, which cover significant portions of North Dakota.
Prospective buyers should compare all available options, as combining state and federal programs can dramatically reduce out-of-pocket costs. Working with a HUD-approved housing counselor can help navigate the application process and identify the best program combination for your situation.
Frequently Asked Questions
For educational purposes only -- not financial or tax advice. Program details, eligibility requirements, and benefit amounts are subject to change. Verify all information directly with the administering agency before applying. Last verified: March 30, 2026.