See what low down payment options you have as a Medical Professional in Minnesota.
Low Down Payment Program for medical professionals
» No mortgage insurance
»As little as 3% down
» Doctors can have a deferred student loan
» FREE Appraisal
» Non-Repayment Grant for Closing Costs
Eligible Professions
» Medical Resident » Medical Fellow » Medical Doctor (MD) » Doctor of Dental Medicine (DMD)
» Doctor of Podiatric Medicine (DPM) » Doctor of Dental Surgery (DDS) » Doctor of Optometry (OD)
» Doctor of Opthalmology (MD) » Doctor of Osteopathy (DO) » Pharmacist (RPH) » Chiropractor (DC)
» Doctor of Surgery (DCH) » Doctor of Psychiatric Medicine (DPM) » Doctor of Veterinarian Medicine (DVM)
ALL Medical Professionals qualify for Non-Repayment Grants for Closing Costs and a FREE appraisal.
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.
Allows for non-occupant co-borrowers and doesn’t require borrower to be a first time home buyer.
“Moving Forward” Loan - 1% Down, no mortgage insurance
Moving Forward Program
The Moving Forward program requires as little as 1% Down, No Mortgage Insurance. It’s a program that provides an affordable down payment option with no monthly payment for mortgage insurance.
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.
Medical Professional Homebuyers
Se what’s available to help with the high upfront cost of buying a home below!
Ready to get started? Determine how you can save on your home purchase as a medical professional by simply filling out the form below.
Help us help children in need
We donate to Gillette Children’s Foundation for every homebuyer we help.