Dakota State University: When might SD Housing’s Fixed-Rate Buy Down require more cash at closing?
DIRECT ANSWER
Retained SD Housing statewide guidance as captured October16,2026; not a DSU employee benefit,campus program,lender commitment,property approval or guaranteed award.
The retained program page prices the Buy Down at one discount point:1% paid at closing to obtain a lower interest rate. Compare that upfront cash and an actual lender quote with the standard fixed-rate option before using the same funds for moving or housing reserves.
Source scope and conditions
Retained SD Housing statewide guidance as captured October16,2026; not a DSU employee benefit,campus program,lender commitment,property approval or guaranteed award.
Sources & verification
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