Your Trusted Mortgage Lenders
in Sioux Falls, South Dakota
Fairway Heartland helps South Dakota homebuyers, veterans, and homeowners navigate every loan option, from your first home to retirement.
home loan programs for every Sioux Falls buyer
Fairway Heartland offers a full range of home loan programs in Sioux Falls and throughout South Dakota. Whether you’re buying your first home, using VA benefits, purchasing in a rural area, or exploring a reverse mortgage, our loan officers match you with the right program.
Conventional Loans
Best for buyers with strong credit. Flexible down payment options, no mortgage insurance with 20% down.
USDA Rural loans
100% financing for eligible rural properties in South Dakota. Harrisburg, Tea, and Brandon areas may qualify.
Reverse mortgage (HECM)
For homeowners 62+. Access home equity without monthly payments (must still pay critical property charges like taxes and insurance). Troy Lage, Jeff Buum, and Nick Kiesow are CRMS.
FHA Loans
Low down payment (3.5%) for buyers with credit scores as low as 580. Popular with first-time buyers.
Jumbo loans
For purchase prices above conventional loan limits. Requires strong credit and financial documentation.
ARM products
Adjustable-rate mortgages for buyers planning shorter-term ownership or expecting income growth.
VA home loans
Zero down payment for eligible veterans and active military. No PMI. Troy Lage is a veteran himself.
First-time buyer/bond
Down payment assistance and bond programs for eligible first-time homebuyers in South Dakota
Cash-out refinancing
Tap your home equity for renovations, debt consolidation, or major expenses.
Heartland Heroes: Exclusive Mortgage Benefits for Those Who Serve
The Heartland Heroes program from Fairway Heartland offers $500 in closing cost savings to eligible borrowers in Sioux Falls and Southeast South Dakota who are medical professionals, veterans, active-duty military, first responders, or law enforcement officers.
*May not be redeemed for cash. One discount of $500 on closing costs per loan. A discount will be applied as a lender credit on the closing disclosure at closing. Loan must close and fund with Fairway Heartland Branch 8350. Special incentive offer subject to change without notice. This offer is not valid with any other incentives or discounts. The borrower is responsible for the down payment. No part of the credit can apply to or offset the down payment.
Why South Dakota homebuyers choose Fairway Heartland
Fairway Heartland is a locally rooted mortgage team serving Sioux Falls, Harrisburg, Tea, Brandon, Brookings, and communities across Southeast South Dakota. We combine the national lending strength of Fairway Home Mortgage with the personal service of a team that lives and works here.
Our Certified Mortgage Advisors and Loan Officers, Troy Lage, Chase Lage, Jeff Buum, Nick Kiesow, Matt Townley, and Merle Watkins, bring decades of experience across every loan type. Whether you’re a first-time homebuyer, a veteran using VA benefits, a senior exploring a reverse mortgage, or a homeowner ready to refinance, we’ll guide you through every step.
Why Us
Local team; we know the South Dakota market
Certified Mortgage Advisors on staff
Certified Reverse Mortgage Specialists
8 loan programs under one roof
5-star Google rating with 280+ reviews
Transparent communication from application to closing
Our Commitment to Your Closing
Close on time, or we pay you $5,000.
At Fairway Heartland, we back our loan process with the Fairway Cash Guarantee. If your purchase loan doesn’t close on time due to a delay on our end, we’ll pay you $5,000. It’s our promise that your home purchase stays on track, from pre-approval to closing day.
The Fairway Cash Guarantee:
What Sioux Falls Homebuyers are saying
Helpful tools for south dakota homebuyers
buy vs. rent calculator
Not sure if now is the right time to buy? Run your numbers.
Mortgage calculator
Estimate your monthly payment based on price, rate, and term.
First-time homebuyer guide
New to the homebuying process? Start here.
mortgage tips
& local market insights
Mortgage Broker vs. Lender: A Sioux Falls Homebuyer's Guide
Wondering whether to use a mortgage broker or a direct lender for your Sioux Falls home purchase? We break down how each model works, what it means for your closing timeline, and why in-house underwriting gives Fairway Heartland buyers a competitive edge.
What documents do you need to apply for a mortgage in Sioux Falls
Getting your mortgage documents organized before you apply can make the difference between a fast close and a delayed one. Here's exactly what Fairway Heartland's loan officers need from Sioux Falls homebuyers, from income verification and asset statements to loan-specific requirements for VA, FHA, and self-employed borrowers.
5 Things South Dakota Homeowners Should Know before getting a reverse mortgage
For South Dakota homeowners 62 and older, a reverse mortgage can eliminate monthly mortgage payments and unlock decades of built-up home equity, but misinformation keeps too many eligible retirees from exploring it. Here are the five things Fairway Heartland's Certified Reverse Mortgage Specialists want you to know before you decide.
Common mortgage questions - Sioux Falls homebuyers ask
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Fairway Heartland offers conventional, FHA, VA, USDA, jumbo, ARM, reverse mortgage (HECM), and first-time buyer bond programs. Our loan officers help you choose the right fit for your situation.
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Start by contacting Fairway Heartland online or by phone. Our loan officers gather your financial information, review your credit and income, and issue a pre-approval letter, typically within 1–2 business days.
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Yes. Fairway Heartland has multiple Certified Reverse Mortgage Specialists (CRMS) on staff, Jeff Buum, Troy Lage, and Nick Kiesow, serving homeowners 62+ across South Dakota.
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Heartland Heroes offers $500 in closing cost savings for eligible medical professionals, veterans, active military, and law enforcement officers in Sioux Falls and Southeast South Dakota.
Ready to get started?
Talk to a mortgage loan officer in Sioux Falls to get clear answers about what you qualify for and what your next step looks like.
Call (605) 906-1020