See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated May 5, 2026
Homebuyer Programs in Oakdale, MN (2026)
Oakdale is a Washington County suburb in the east Twin Cities metro just east of Saint Paul, with a population of about 28,585 and a median home price near $315,000. Oakdale buyers can stack one of the deepest local DPA packages in the east metro. The Oakdale Down Payment Assistance Program offers deferred payment loans up to $50,000 to income-qualified first-time homebuyers buying within Oakdale, funded with Federal CDBG dollars. The Washington County CDA First-Generation Homebuyer Grant adds $5,000 in grant funds to first-generation buyers. Two Rivers Community Land Trust offers permanently affordable homes throughout Washington County including Oakdale. On top of those, Minnesota Housing layers in a Deferred Payment Loan up to $12,500, a Monthly Payment Loan up to $18,000, and the First-Generation Homebuyer Loan up to $35,000. NeighborWorks Home Partners adds the Community Keys Plus Impact program (up to $25,000) and the Welcome Home program. Twin Cities Habitat for Humanity and Habitat for Humanity of Washington County also serve Oakdale buyers. Stacked together, these can put $50,000 to $100,000 of assistance toward a purchase here.
City Programs in Oakdale
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Oakdale Down Payment Assistance Program | Deferred Loan | Deferred payment loans up to $50,000 (based on availability of funds) | Yes | View → |
- Type:
- Deferred Loan
- Amount:
- Deferred payment loans up to $50,000 (based on availability of funds)
- First-time only:
- Yes
County Programs in Washington County
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Washington County CDA First-Generation Homebuyer Grant | Grant | ,000 | Yes | View → |
- Type:
- Grant
- Amount:
- ,000
- First-time only:
- Yes
State Programs in Minnesota
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Minnesota First-Generation Homebuyer Loan Program | Deferred Loan | Up to ,000 | Yes | View → |
| Minnesota Housing Deferred Payment Loan | Deferred Loan | Up to ,500 | Yes | View → |
| Minnesota Housing Monthly Payment Loan | Repayable Loan | Up to ,000 | 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 → |
- Type:
- Deferred Loan
- Amount:
- Up to ,000
- First-time only:
- Yes
- Type:
- Deferred Loan
- Amount:
- Up to ,500
- First-time only:
- Yes
- Type:
- Repayable Loan
- Amount:
- Up to ,000
- First-time only:
- No
- Type:
- Government-Insured Mortgage
- Amount:
- First mortgage with as little as 3% down
- First-time only:
- Yes
- 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 → |
| FHLBA Community Partners Product | Forgivable Loan | Up to $20,000 in home purchase assistance for down payment and closing costs | No | View → |
| FHLBA First Time Homebuyer Product | Forgivable Loan | Up to $17,500 in home purchase assistance for down payment and closing costs | Yes | View → |
| FHLBA Workforce Housing Plus+ | Forgivable Loan | Up to $15,000 in home purchase assistance for down payment and closing costs | 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 → |
- 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
- Type:
- Forgivable Loan
- Amount:
- Up to $20,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- Up to $17,500 in home purchase assistance for down payment and closing costs
- First-time only:
- Yes
- Type:
- Forgivable Loan
- Amount:
- Up to $15,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Government Property Sale Program
- Amount:
- 50% discount off the list price of HUD-owned homes
- First-time only:
- Yes
- 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
- 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
- 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
- Type:
- Government-Guaranteed Mortgage
- Amount:
- 100% financing (no down payment required); loan amount up to appraised value
- First-time only:
- No
- 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 | Up to ,000 | No | View → |
| Habitat for Humanity of Washington County (MN) Homeownership Program | Repayable Loan | Affordable mortgage on a Habitat-built or Habitat-renovated home; sweat equity required | Yes | 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 → |
| Two Rivers Community Land Trust Homeownership | Deferred Loan | Subsidized purchase price on permanently affordable CLT homes; subsidy varies by home and household | No | View → |
| Welcome Home Down Payment Assistance | Forgivable Loan | Varies by household need | Yes | View → |
- Type:
- Deferred Loan
- Amount:
- Up to ,000
- First-time only:
- No
- Type:
- Repayable Loan
- Amount:
- Affordable mortgage on a Habitat-built or Habitat-renovated home; sweat equity required
- First-time only:
- Yes
- 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
- Type:
- Deferred Loan
- Amount:
- Subsidized purchase price on permanently affordable CLT homes; subsidy varies by home and household
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- Varies by household need
- First-time only:
- Yes
How to Apply
Check your eligibility. The Oakdale DPA Program requires first-time homebuyer status (no homeownership in the past 3 years), household income at or below the published HUD CDBG limits, and the purchase of a primary residence within Oakdale city limits.
Complete a HUD-approved homebuyer education course. Twin Cities Habitat for Humanity, Habitat for Humanity of Washington County, NeighborWorks Home Partners, and Two Rivers Community Land Trust all offer or accept qualifying courses.
Contact the City of Oakdale Community Development Department to begin the Oakdale DPA Program intake and confirm current funding availability. The deferred loan is up to $50,000 based on funds available.
Apply for the Washington County CDA First-Generation Homebuyer Grant at washingtoncountycda.org if you are a first-generation buyer; the program adds $5,000 in grant funds.
Get pre-approved with a Minnesota Housing participating lender to layer the Start Up first mortgage with one of the state DPA loans (Deferred Payment, Monthly Payment, or First-Generation).
Apply for NeighborWorks Home Partners assistance. Community Keys Plus Impact provides up to $25,000 for buyers in the inner five-county metro, including Washington County.
Find a home within program limits. Verify the property meets the Oakdale CDBG income limits and Minnesota Housing purchase price caps before going under contract.
Submit your full application package and close. The Oakdale DPA Loan principal is deferred until you sell, refinance, or stop occupying the home as your primary residence.