Minnesota Housing Finance Agency

February 02, 2017

Category: Housing

http://www.mnhousing.gov/wcs/Satellite?c=Page&pagename=External%2FPage%2FEXTHomeLayout&cid=1358904711497

Minnesota Housing Homeownership Programs

Make your dream of homeownership a reality with help from Minnesota Housing and [agency name]! Whether you’re a first-time buyer, repeat buyer, or want to refinance, there’s an affordable Minnesota Housing program that’s right for you.

Why choose a Minnesota Housing loan?

Low, fixed interest rates for the life of the loan
Purchase and refinance options for first-time and repeat homebuyers
Downpayment and closing cost loans up to $10,000 for qualified borrowers
Exclusive 3% down conventional products with low or no mortgage insurance options
Works with industry standard products including FHA, VA, Conventional and Rural Development

Do you qualify?

Requirements vary based on program. Visit the Minnesota Housing website for current information, including:

Minimum credit score
Income limits
Home cost limits
Homebuyer education requirements

Next Steps

Contact a participating lender.

Homeownership/Single Family Division:
651.296.8215 or 800.710.8871
mnhousing.solution@state.mn.us
7:30 a.m. – 5:00 p.m. business days

Multifamily Rental Division:
651.296.9832 or 800.657.3647

General Information:
mn.housing@state.mn.us
651.296.7608 or 800.657.3769

Address:
400 Sibley Street, Suite 300
Saint Paul, MN 55101-1998

Minnesota Housing Fix Up Loan Program

Tackle your home improvement to-do list without breaking your budget with a Fix Up Loan.

Why choose a Fix Up loan?

Affordable, fixed interest rates with lower rates for energy conservation and accessibility improvements
Loan amounts ranging from $2,000-$50,000
Secured and unsecured loan options
Repayment terms up to 20 years
Hire a contractor or do the work yourself

What you can do with the loan?

Repair, remodel and make energy saving improvements. Update your bathroom or kitchen. Replace your furnace, A/C, windows, or doors. Get new siding or roofing. Make accessibility improvements. There are so many options available with the Fix Up loan program!