See programs you qualify for

By Tyler Thompson · Licensed Real Estate Agent · Updated May 4, 2026

Homebuyer Programs in Burnsville, MN (2026)

Population: 64,463 | Median home price: $366,000 | Est. closing costs: $7,500 - $11,000

Burnsville is one of the largest cities in Dakota County, sitting in the south Twin Cities metro just south of the Minnesota River and roughly 15 miles south of downtown Minneapolis. The median home value in Burnsville is around $366,000. Burnsville recently launched one of the most generous city-funded DPA programs in the metro: up to $41,000 (capped at 10% of purchase price) for income-qualifying households at or below 80% AMI. Buyers can also stack the Dakota County CDA First Time Homebuyer Program (up to $18,500 in combined assistance) on top, plus state programs from Minnesota Housing ($11,500-$18,000 in DPA) and metro-wide nonprofit programs like Community Keys Plus Impact (up to $25,000), Welcome Home (up to $50,000), and Twin Cities Habitat for Humanity. With this stack of options, qualified Burnsville buyers can frequently assemble more than $60,000 in combined help — among the highest in the metro.

City Programs in Burnsville

Program Name	Type	Amount	First-Time Only	Details
Burnsville Down Payment Assistance Program	Deferred Loan	Up to $41,000, not to exceed 10% of the purchase price	No	View →

Burnsville Down Payment Assistance Program

Type:: Deferred Loan
Amount:: Up to $41,000, not to exceed 10% of the purchase price
First-time only:: No

County Programs in Dakota County

Program Name	Type	Amount	First-Time Only	Details
Dakota County CDA First Time Homebuyer Program	Deferred Loan	Up to $10,000 in down payment and closing cost assistance, plus up to $8,500 in additional zero-interest deferred loans for income-eligible buyers	Yes	View →

Dakota County CDA First Time Homebuyer Program

Type:: Deferred Loan
Amount:: Up to $10,000 in down payment and closing cost assistance, plus up to $8,500 in additional zero-interest deferred loans for income-eligible buyers
First-time only:: Yes

State Programs in Minnesota

Program Name	Type	Amount	First-Time Only	Details
Minnesota First-Generation Homebuyer Loan Program	Deferred Loan	—	Yes	View →
Minnesota Housing Deferred Payment Loan	Deferred Loan	—	Yes	View →
Minnesota Housing Monthly Payment Loan	Repayable Loan	—	No	View →
Minnesota Housing Start Up Program	Government-Insured Mortgage	First mortgage with as little as 3% down	Yes	View →
Minnesota Housing Step Up Program	Government-Insured Mortgage	First mortgage; can also be used to refinance	No	View →

Minnesota First-Generation Homebuyer Loan Program

Type:: Deferred Loan
First-time only:: Yes

Minnesota Housing Deferred Payment Loan

Type:: Deferred Loan
First-time only:: Yes

Minnesota Housing Monthly Payment Loan

Type:: Repayable Loan
First-time only:: No

Minnesota Housing Start Up Program

Type:: Government-Insured Mortgage
Amount:: First mortgage with as little as 3% down
First-time only:: Yes

Minnesota Housing Step Up Program

Type:: Government-Insured Mortgage
Amount:: First mortgage; can also be used to refinance
First-time only:: No

Federal Programs

Program Name	Type	Amount	First-Time Only	Details
FHA Loans	Government-Insured Mortgage	Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)	No	View →
Good Neighbor Next Door (HUD)	Government Property Sale Program	50% discount off the list price of HUD-owned homes	Yes	View →
Home Possible Mortgage (Freddie Mac)	Government-Guaranteed Mortgage	Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment	No	View →
HomeReady Mortgage (Fannie Mae)	Government-Guaranteed Mortgage	Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment	No	View →
HUD $100 Down Program	FHA-Financed HUD REO Purchase	Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.	No	View →
USDA Rural Development Loans	Government-Guaranteed Mortgage	100% financing (no down payment required); loan amount up to appraised value	No	View →
VA Loans	Government-Guaranteed Mortgage	No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)	No	View →

FHA Loans

Type:: Government-Insured Mortgage
Amount:: Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:: No

Good Neighbor Next Door (HUD)

Type:: Government Property Sale Program
Amount:: 50% discount off the list price of HUD-owned homes
First-time only:: Yes

Home Possible Mortgage (Freddie Mac)

Type:: Government-Guaranteed Mortgage
Amount:: Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:: No

HomeReady Mortgage (Fannie Mae)

Type:: Government-Guaranteed Mortgage
Amount:: Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:: No

HUD $100 Down Program

Type:: FHA-Financed HUD REO Purchase
Amount:: Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:: No

USDA Rural Development Loans

Type:: Government-Guaranteed Mortgage
Amount:: 100% financing (no down payment required); loan amount up to appraised value
First-time only:: No

VA Loans

Type:: Government-Guaranteed Mortgage
Amount:: No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:: No

Nonprofit Programs

Program Name	Type	Amount	First-Time Only	Details
Community Keys Plus Impact Down Payment Assistance	Deferred Loan	—	No	View →
Twin Cities Habitat for Humanity Homeownership Program	Repayable Loan	Affordable mortgage with monthly payments at or below 30% of household income; option to use TruePath Mortgage on the open market or purchase a Habitat-built or Habitat-renovated home	No	View →
Welcome Home Down Payment Assistance	Forgivable Loan	Varies by household need	Yes	View →

Community Keys Plus Impact Down Payment Assistance

Type:: Deferred Loan
First-time only:: No

Twin Cities Habitat for Humanity Homeownership Program

Type:: Repayable Loan
Amount:: Affordable mortgage with monthly payments at or below 30% of household income; option to use TruePath Mortgage on the open market or purchase a Habitat-built or Habitat-renovated home
First-time only:: No

Welcome Home Down Payment Assistance

Type:: Forgivable Loan
Amount:: Varies by household need
First-time only:: Yes

Free eligibility check

17 programs available in Burnsville. See which ones you qualify for.

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How to Apply

Step 1: Check your eligibility. The Burnsville Down Payment Assistance Program requires household income at or below 80% AMI (approximately $72,950 for a one-person household up to $112,550 for a five-person household). Note: Burnsville's program does NOT require first-time-buyer status, but the Dakota County CDA program does (no homeownership in the previous 3 years).

Step 2: Complete homebuyer education. A HUD-approved course is required by most stacked programs. Contact the Dakota County CDA's Homeownership Specialist at 651-675-4470 for course options.

Step 3: Get a mortgage pre-approval and a signed purchase agreement for a Burnsville property — both are required before you can apply to the city DPA program.

Step 4: Apply through burnsvillemn.gov/homework. Because city funding is limited, apply promptly after securing your purchase agreement.

Step 5: For additional layered assistance, also apply to the Dakota County CDA First Time Homebuyer Program (651-675-4465) and contact NeighborWorks Home Partners at 651-292-8710 about Community Keys Plus Impact (up to $25,000) and Welcome Home (up to $50,000).

Step 6: Close on your home in Burnsville with the city DPA recorded as a subordinate deferred loan. If the home is sold before the 30-year mark, all funds and accrued interest must be repaid to the city.

Frequently Asked Questions

How much down payment assistance can I get in Burnsville?+

Burnsville's city DPA program offers up to $41,000 (capped at 10% of purchase price) for households at or below 80% AMI. The Dakota County CDA First Time Homebuyer Program adds up to $18,500 more, Minnesota Housing programs add another $11,500-$18,000 in DPA, and NeighborWorks programs (Community Keys Plus Impact up to $25,000 and Welcome Home up to $50,000) can stack on top. Most qualified buyers in Burnsville can assemble more than $60,000 in combined help — one of the highest stacks available anywhere in the Twin Cities metro.

Do I have to be a first-time homebuyer in Burnsville?+

Not for the Burnsville city DPA program — it does NOT require first-time buyer status. However, the Dakota County CDA First Time Homebuyer Program does require it (no homeownership in the previous 3 years), as do most Minnesota Housing assistance programs and Twin Cities Habitat for Humanity. Honorably discharged veterans may apply to the CDA program regardless of first-time-buyer status.

What is the maximum income to qualify for Burnsville's program?+

Income must be at or below 80% Area Median Income. As of the program's announcement, that translated to approximately $72,950 for a one-person household up to $112,550 for a five-person household. Verify current AMI dollar limits with the City of Burnsville before applying — they update annually based on HUD figures.

When can I apply for Burnsville's DPA program?+

You must already have a current mortgage pre-approval and a signed purchase agreement for a Burnsville property before you can apply. Apply at burnsvillemn.gov/homework. Because city funding is limited, the program operates on a first-come, first-served basis for qualifying applicants.

What homebuyer education is required?+

A HUD-approved course is required for most assistance programs. Contact the Dakota County CDA's Homeownership Specialist at 651-675-4470 for course options. NeighborWorks Home Partners and Twin Cities Habitat for Humanity also offer Home Stretch (in person) and Framework (online) approved courses.