Shannan’s Home Purchase After College

Shannan had graduated college with debt to pay like most people in the country and she had planned on renting until she got her student loans paid off. With little funds saved for down payment, she was living with 2 roommates in a small apartment and still paying $1,250 per month. She got in touch with one of our Minnesota first time home buyer specialists through a friend and ran some numbers to see what her options were.

Shannan was pre-approved within a couple weeks and by the end of the year, she was the owner of her own home and had her roommates join her. Her monthly cost was reduced to $1,000 per month and she then put the additional $250 towards her student loans and is on track to pay them off years years earlier than expected which will save her thousands on interest costs. See what your options are today!

James' Minnesota Down Payment Assistance Success Story

James is a hard working plumber working around the Minneapolis/Saint Paul metropolitan area that was really hoping to be able to purchase a home due to the latest addition to their family in his son. James and his wife wanted to get out of their 1 bedroom apartment and purchase a home with a yard for their son to grow up in. They were really concerned with their credit scores and didn’t think they would be able to get a mortgage as first time home buyers in Minnesota. They had some money saved for down payment but knew they certainly could not come up with 20% for a down payment. They had heard about down payment assistance so they ended up filling out our form to see what they might be able to get as first time home buyers to purchase their first home in the Minneapolis, Minnesota area. They expected to have to go through years of credit repair to meet the score requirement, however, their application looked better than they had thought. We were able to get James and his wife in touch with a credit repair specialist and they were able to help them get their credit scores above the requirement for the Minnesota first time home buyer down payment assistance within 2 months. James and his wife were homeowners within 6 months of having their first son with the help of the Minnesota down payment assistance program. See what Minnesota first time home buyer programs are available to you today!