See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated May 5, 2026
Homebuyer Programs in Shoreview, MN (2026)
Shoreview is a north-suburban Twin Cities community in Ramsey County, located about 10 miles north of downtown Saint Paul, with a population of roughly 26,700 and a median home price near $370,000. First-time buyers in Shoreview have access to one of the most generous local DPA programs in the state: the Shoreview First-Time Homebuyer Down Payment Assistance program offers up to $30,000 as an amortizing low-interest loan (for buyers up to 120% AMI) or up to $20,000 as a zero-interest due-on-sale loan (for buyers up to 80% AMI), with a $425,000 purchase price cap. On top of that, the Ramsey County FirstHome Buyer Assistance Program offers additional assistance for buyers in suburban Ramsey County. Twin Cities Habitat for Humanity also serves Ramsey County with its TruePath Mortgage and homeownership program. State programs from Minnesota Housing add up to $35,000 through the First-Generation Homebuyer Loan Program plus $17,000 to $18,000 through the Monthly Payment or Deferred Payment Loans. Combined, eligible Shoreview buyers can stack tens of thousands of dollars in down payment and closing cost help.
City Programs in Shoreview
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Shoreview First-Time Homebuyer Down Payment Assistance | Deferred Loan | Up to $30,000 amortizing loan or up to $20,000 deferred zero-interest loan | Yes | View → |
- Type:
- Deferred Loan
- Amount:
- Up to $30,000 amortizing loan or up to $20,000 deferred zero-interest loan
- First-time only:
- Yes
County Programs in Ramsey County
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Ramsey County FirstHome Buyer Assistance Program | Deferred Loan | Up to ,000 | Yes | View → |
- Type:
- Deferred Loan
- Amount:
- Up to ,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 → |
| 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 → |
- Type:
- Deferred Loan
- Amount:
- Up to ,000
- First-time only:
- No
- 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:
- Forgivable Loan
- Amount:
- Varies by household need
- First-time only:
- Yes
How to Apply
Check your eligibility. The Shoreview First-Time Homebuyer DPA requires first-time buyer status (no homeownership in the past three years), income within 120% AMI for the amortizing loan or 80% AMI for the due-on-sale loan, and a purchase price at or below $425,000.
Complete homebuyer education. NeighborWorks Home Partners offers approved homebuyer education courses that satisfy this requirement. Call 651-292-8710 to register.
Contact NeighborWorks Home Partners to discuss the Shoreview program and confirm which loan track (amortizing up to $30,000 or due-on-sale up to $20,000) you qualify for.
Get pre-approved for a mortgage with a Minnesota Housing-approved lender. Ask about pairing the Shoreview DPA with Minnesota Housing first mortgage products and additional state DPA loans.
Find a single-family home, townhome, duplex, or condominium within Shoreview city limits priced at or below $425,000.
Plan your contribution. Borrowers must contribute a minimum of 3% of the purchase price (up to a $10,000 maximum required contribution) from their own funds.
Submit your application through NWHP and your lender, then close on your home as your primary residence.