See programs you qualify for

By Tyler Thompson · Licensed Real Estate Agent · Updated May 5, 2026

Homebuyer Programs in Shoreview, MN (2026)

Population: 26,714 | Median home price: $370,000 | Est. closing costs: $7,500 - $11,000

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 →

Shoreview First-Time Homebuyer Down Payment Assistance

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	—	Yes	View →

Ramsey County FirstHome Buyer Assistance Program

Type:: Deferred Loan
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 Shoreview. See which ones you qualify for.

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How to Apply

Step 1: 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.

Step 2: Complete homebuyer education. NeighborWorks Home Partners offers approved homebuyer education courses that satisfy this requirement. Call 651-292-8710 to register.

Step 3: 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.

Step 4: 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.

Step 5: Find a single-family home, townhome, duplex, or condominium within Shoreview city limits priced at or below $425,000.

Step 6: 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.

Step 7: Submit your application through NWHP and your lender, then close on your home as your primary residence.

Frequently Asked Questions

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

Eligible Shoreview buyers can stack significant assistance. The Shoreview First-Time Homebuyer DPA offers up to $30,000 (amortizing) or up to $20,000 (zero-interest due-on-sale). On top of that, the Ramsey County FirstHome program adds additional assistance, and Minnesota Housing layers on up to $18,000 (Deferred Payment Loan), $17,000 (Monthly Payment Loan), or $35,000 (First-Generation Homebuyer Loan).

What is the difference between the amortizing and due-on-sale Shoreview loans?+

The amortizing loan (up to $30,000) is for buyers at or below 120% AMI; you make low monthly payments at a low interest rate. The due-on-sale loan (up to $20,000) is for buyers at or below 80% AMI; it has 0% interest and no monthly payments and is repaid only when the home is sold, transferred, or no longer owner-occupied.

What is the maximum home price for the Shoreview program?+

The Shoreview First-Time Homebuyer DPA caps the purchase price at $425,000. The home must be a single-family residence, townhome, duplex, or condominium within Shoreview city limits and used as your primary residence.

Do I need to put any of my own money down?+

Yes. The Shoreview program requires a minimum borrower contribution of 3% of the purchase price, with a maximum required contribution of $10,000. This must come from the buyer or on behalf of the buyer (such as gift funds).

What homebuyer education is required?+

Shoreview, Ramsey County FirstHome, and most Minnesota Housing programs require completion of an approved homebuyer education course. NeighborWorks Home Partners at 651-292-8710 offers approved courses and administers the Shoreview program.

Can I combine Shoreview assistance with state and county programs?+

Yes. The Shoreview DPA, Ramsey County FirstHome, and Minnesota Housing programs are designed to layer. Talk to your lender and NeighborWorks Home Partners about stacking the maximum assistance for your situation.