See what down payment assistance programs & grant options you have!
Minnesota Housing Finance Agency Start up program
minnesota Housing Finance Agency start Up down payment assistance program
The Minnesota Housing Finance Agency Start Up program is a great down payment assistance program available to first time homebuyers to help overcome the high upfront cost of homeownership. Funds available for closing costs or down payment.
Requirements include: credit score, income, home owner education class, and also $1,000 of your own funds towards the down payment.
Minnesota Housing Finance Agency Step up Program
minnesota Housing Finance Agency step Up down payment assistance program
The Minnesota Housing Finance Agency Step Up program is a great option for non first time homebuyers as well as homebuyers with incomes higher than requirements for the Start Up program.
Requirements include: credit score, income, home owner education class, and also $1,000 of your own funds towards the down payment.
Deferred or monthly Payment options - Minnesota Housing Finance Agency
minnesota Housing Finance Agency programs
The Minnesota Housing Finance Agency Programs are available with monthly payment or deferred payment options.
Each option has different qualifications requirements and product details. See which options will work best for you!
Low Down Payment Options
More Affordable Interest Rates
There are also low down payment options available the may have more affordable interest rates & mortgage insurance.
Allows for non-occupant co-borrowers and doesn’t require borrower to be a first time home buyer.
First Generation Programs
First Generation Program
There are several first generation programs available with up to $35,000 for down payment or closing costs.
USDA & VA
USDA and VA programs
USDA and VA both offer zero down, 100% financing options.
Requirements include: Credit score, income, rural location or military service.
Minnesota first time homebuyers
Minnesota first time homebuyers
There are many great down payment assistance programs, grants and even loans available to first time homebuyers in Minnesota that help with the high upfront cost of buying a home. See what is available for 2024 below!
Ready to get started? Determine What minnesota HomeBuyer Programs & Grants you might be eligible for today by simply filling out the form below.
THERE ARE MANY ASSISTANCE PROGRAMS AVAILABLE AND FINDING THE BEST OPTION FOR YOU CAN BE DIFFICULT - Allow us to help.
Help us help children in need
We donate to Gillette Children’s Foundation for every homebuyer we help.