Get Ready for Homeownership
There’s no doubt about it, buying a home is a worthwhile investment. But it can also be a challenge getting in the door.
It’s never too early to prepare to buy a home, and we have resources to help you get started.
Want to buy a home in 2024?
Do you think you make too much to qualify for a Minnesota Housing program? You could be surprised. Depending on your household size and where you live, you can earn up to $185,700 and still be eligible for our homebuyer programs.
Have your heard that you need to put 20% down to buy a home? This is not necessarily true. Some mortgages require as little as 3% down. Our downpayment and closing cost loan assistance programs can cover those costs if you qualify.
New Program for First-Generation Homebuyers
We've launched a new downpayment program for first-generation homebuyers. The program offers additional downpayment and closing cost assistance loans.
If you and your parent or legal guardian have never owned a home or lost a home due to foreclosure, you may qualify as a first-generation homebuyer and be eligible for this special program.
Learn more about the First-Generation Homebuyer Loan Program.