Interest Rates for Multifamily Products and Programs


Low and Moderate Income Rental (LMIR) Program

Rates as of 3/31/2018

Term and Amortization (Years)

  30/30 35/35 40/40
New Construction 4.69%* 4.74%* 4.79%*
Substantial Rehabilitation 4.69%* 4.74%* N/A
Refinance 4.49%* 4.54%* N/A

LMIR Bridge

LMIR bridge loans provided through the sale of tax exempt bonds are subject to market rates at time of bond sale.


Subject to market rates.
NOTE: Rates are subject to change at Minnesota Housing’s sole discretion.