The South Dakota Department of Agriculture offers a Beginning Farmer Down Payment Guaranty Program, which is available for qualifying beginning farmers that are utilizing the Beginning Farmer Bond program.  The BFDPG Program is not a direct loan fund, but a guaranty on a real estate purchase loan through a local lender.  The program provides a 20 percent guaranty of the bond amount.  This is a pro-rata guarantee and is reduced as payments are applied to principal.