Start Up for First-Time Homebuyers
Ready to purchase your first home?
The Minnesota Housing Start Up loan program can make homeownership fit your budget.
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Affordable, fixed interest rates for the life of the loan
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As little as 3% down with our exclusive conventional loans
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Downpayment and closing cost loans up to $17,000
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Low or no mortgage insurance options for lower monthly payments
You may be eligible if you:
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Are a first-time homebuyer (you have not owned a home in the past three years)
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Meet income limits
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Meet purchase price limits:
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11-County Metro: $340,000
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Balance of State: $294,600
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Meet minimum credit score requirements
Contact an approved lender partner to get started.