First Time Home Buyer Programs - Minnesota

houseredroof250.jpg

The Minnesota Housing Finance Agency offers mortgage loans available throughout Minnesota with entry cost assistance for low and moderate income borrowers.

The Minnesota Housing Finance Agency

The Minnesota Housing Finance Agency (MHFA) offers:

  • Mortgage loans through local lenders for qualified low and moderate income first-time homebuyers in Minnesota.
  • Affordable, low, fixed interest rates for the life of the loan.
  • Interest-free loans to help with your downpayment and closing costs.
  • 30-year affordable fixed rate loans.

Minnesota Mortgage Program (MMP)

The Minnesota Mortgage Program offers mortgage loans available throughout Minnesota with entry cost assistance for low and moderate income borrowers.

Read more about the Minnesota Mortgage Program

Community Activity Set-Aside (CASA)

The CASA program has mortgage loans for specific community needs with entry cost and monthly payment assistance.

Read more about the Community Activity Set-Aside Program

Homeownership Opportunity Program (HOP)

The Homeownership Opportunity Program offers mortgage loans for short term, temporary financing for the acquisition and rehabilitation of vacant properties in, or in imminent danger of, foreclosure and for properties (vacant or occupied) in a Foreclosure Impacted Area.

Read more about the Homeownership Opportunity Program

Urban Indian Housing Program

The Urban Indian Housing Program has mortgage loans for Native Americans with entry cost and monthly payment assistance.

Read more about the Urban Indian Housing Program

Other Local Minnesota Home Loan Resources

Minnesota also has several first time home buyer and other home loan programs available through city, county, and other state agencies. Find a local Minnesota home buyer program that is right for you on the official Minnesota HUD website.

Related Articles

Source: Minnesota Housing Finance Agency
Search All Articles
Related Articles
Ask Before You Alter
Askbefore1_thInformation for homeowners altering their property within deed restriction guidelines; sample forms available
Asbestos
Asbestosdanger2_thAn information guide on asbestos and asbestos abatement. Also discusses vermiculite and how it relates to asbestos.
Creating A Disaster Supplies Kit
Areyouready_010_thHow to prepare a disaster supply kit for your home, office, and car.
Homeowners Insurance
HomeinstTips on how to shop for homeowners insurance and save money-also avice on flood insurance

More...
Most Popular
66 Ways To Save Money
66thumbTips on everything from airline fares to prescription drugs
John McCain Biography
John_mccainthumbJohn McCain, currently a senator representing Arizona, would have been the oldest president of the United States if elected.
Condo Association Insurance - Who Covers What?
Damage_thLooking at Condominium Association Master Insurance Policies - who covers what?
What Are U.S. Savings Bonds?
IbondsthumbU.S. Savings Bonds are a safe, easy way to save money and a solid addition to your investment portfolio.

More...

Zip Code Profiler

Neighborhoods, Home Values, Schools, City & State Data, Sex Offender Lists, more.

Instant Home Value!