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Minnesota Housing Start Up Program

Administered by:
Minnesota Housing Finance Agency
· State · Government-Insured Mortgage
Funding status: Active

How much assistance

First mortgage with as little as 3% down

Eligibility

  • Income limits: Income limits range from 1,800 to 2,200 by county. Higher in the Twin Cities metro.
  • Purchase price limit: $637,950
  • First-time buyer required: Yes — A buyer who has not had ownership interest in a principal residence in the last 3 years.
  • Credit score minimum: 640
  • Geographic restrictions: Property must be located in Minnesota.
  • Homebuyer education required: Yes

How to Apply for Minnesota Housing Start Up Program

Apply through a Minnesota Housing-approved participating lender. Borrower must contribute at least ,000 of their own funds and complete a Minnesota Housing-approved homebuyer education course before closing.

Learn More About Homebuying in Minnesota

Cities Where This Program Is Available (43 cities across 1 state)

Available Statewide In