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    Rural Development Home Loans

    Living in the country can be a peaceful and serene experience. Away from the hustle and bustle of city life, overall, living in the country can be a refreshing change of pace for those seeking a simpler and more relaxed way of life.

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    APR* AS LOW AS

    5.875%

    30 Year Fixed

    Mortgage underwriting? Local. – Fees? Low as can be.

    Rural Development Home Loans

    If country living is more your speed, we can help you fund your home purchase in rural areas. Affordable rates for low to moderate earners. No down payment is required. You must meet income limit guidelines for the county your home is located in.

    A GOOD FIT IF...

    • You have low to moderate income, or
    • You are buying a home in South Dakota but outside Sioux Falls and Rapid City, or
    • Do not own any other real estate
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    VIEW ALL HOME LOAN OPTIONS ▶︎
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    LOW FEES

    Levo Credit Union keeps the fees associated with financing a home sensible and minimal. Our origination fee is just 0.75% of the loan amount.

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    Speedy Decisions

    We don’t leave you hanging on our prequalification decisions—you know your approval status when you meet with your loan officer.

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    LOCAL UNDERWRITING

    Our local team features an underwriting pro who can make the qualification process smooth, simple and speedy.

    We're Ready When You Are

    Meet The Team

    James Nytroe

    Mortgage Loan Originator

    Branch: Arrowhead
    Email: jamesn@levo.org
    NMLS #489420
    Phone: 605-977-8378
    Fax: 605-334-1392

    MEET JAMES ︎

    Tyana Viss

    Mortgage Loan Originator

    Branch: South Cliff
    Email: tyanav@levo.org
    NMLS #1441509
    Phone: 605-977-8336
    Fax: 605-334-1474

    MEET TYANA ︎

    Nicole Taubert

    Mortgage Loan Originator

    Branch: Downtown
    Email: nicolet@levo.org
    NMLS #1601641
    Phone: 605-977-8368
    Fax: 605-334-3981

    MEET NICOLE ︎

    Dave Kowalczyk

    Mortgage Loan Originator

    Branch: South Louise
    Email: davek@levo.org
    NMLS #465946
    Phone: 605-977-8324
    Cell: 605-254-7976
    Fax: 605-334-3981

    MEET DAVE ︎

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    Current Home Loan Interest Rates

    Mediocre mortgages are a dime a dozen. That’s why Levo flips the script—we have local underwriting, speedy qualification decisions and minimal fees and interest rates. Let’s talk about what the Levo mortgage team can do for your home purchasing goals.

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    Last Updated: May 2, 2024 7:21:06 PM
    Mortgage Type Rate APR*
    30 YEAR FIXED RATE 7.000% 7.136%
    20 YEAR FIXED RATE 7.250% 7.429%
    15 YEAR FIXED RATE 7.000% 7.220%
    10 YEAR FIXED RATE 7.000% 7.309%
    7/1 ARM 8.000% 8.133%
    10/1 ARM 9.000% 9.141%
    SOUTH DAKOTA HOUSING 30 YEAR FHA 5.750% 5.876%
    SOUTH DAKOTA HOUSING 30 YEAR FHA FIXED RATE PLUS 6.250% 6.380%
    FHA 30 YEAR FIXED RATE 6.250% 6.539%
    VA 30 YEAR FIXED RATE 6.250% 6.682%

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    *APR – Annual Percentage Rate. Your loan interest APR will be determined by your credit score. The numbered tiers shown represent credit score ranges as follows: 1= 720+, 2= 680-719, 3= 679 or lower. The specific rate will be set at the time of loan application review. Variable rates are subject to change at the end of each calendar quarter and shall not exceed 18.00% APR. First Mortgage and Construction Loans are subject to an origination fee of 0.75% or $1,000.

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