See programs you qualify for
Get Matched Free →Minnesota Housing Start Up Program
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
Step 1: 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.
Notes
Pairs with the Deferred Payment Loan or Monthly Payment Loan for downpayment and closing cost assistance.