See programs you qualify for
Get Matched Free →Minnesota Housing Monthly Payment Loan
Funding status: Active
How much assistance
Up to ,000
Repaid in monthly payments over 10 years at the same interest rate as the first mortgage.
Eligibility
- Income limits: Follows the Start Up or Step Up program income limits the borrower is using.
- First-time buyer required: No
- Credit score minimum: 640
- Geographic restrictions: Property must be located in Minnesota.
- Homebuyer education required: Yes
How to Apply for Minnesota Housing Monthly Payment Loan
Step 1: Available to Start Up or Step Up borrowers. Apply through a Minnesota Housing-approved participating lender at the same time as the first mortgage.