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Loan Program Information for Homebuyers and Homeowners

What kind of loan are you looking for?

What’s next?

  • Apply: Contact a Minnesota Housing participating lender to talk about what Minnesota Housing program may be right for you and to start the pre-qualifying process.
  • Homebuyer Education: This may be required for some programs. To find a course, contact the Minnesota Home Ownership Center. Attend Home Stretch for in-person training, or Framework for online training.

  • Find a Home: The home you purchase or refinance must fall within the following home cost or loan limits:
    • 11-County Metro: $307,300
    • Balance of State: $258,600

Looking to buy a home in a Targeted Area?

What is a Targeted Area?

A targeted area is an economically distressed area designated by the U.S. Department of Housing and Urban Development (HUD).

Minnesota Housing loan products help restore federally-designated targeted census tracts by making our affordable first-time homebuyer loan products and competitive interest rates available to eligible buyers purchasing a home in these areas. For more information and map of Targeted Area Census Tracts.