Quantcast

The down payment assistance programs that are listed here are a sample of what is available for homebuyers in Minnesota. This can be your starting point as you search for the right program for your family.

FHA Rates Near 50 Year Low!

Now is the time to drop the interest rate on your 30-year mortgage or refinance into a 15-year home loan.

FHA Rates for July 10, 2020
Are You Watching Your Credit Score?

NOTICE: Some FHA mortgage lenders are substantially raising FICO score requirements during the Coronavirus crisis, even though FHA minimums remain unchanged.


- Improving Your Credit Score Has Never Been More Important -

Get started one
Get started two
Get started three
Get started four
FHA.com is a privately owned website, is not a government agency, and does not make loans.

Choose a Loan Type

FHA.com is a privately owned website, is not a government agency, and does not make loans.

FHA Down Payment Grants for 2020

Mortgage Assistance for Home Buyers in Minnesota

spacer

Minnesota Housing understands that high upfront costs of purchasing a home can be a tough hurdle for some families to overcome, which is why they offer down payment and closing cost assistance to those financing their home with a Minnesota Housing first mortgage.

The First Time Homebuyer Program is an initiative of Dakota County Community Development Agency (CDA). All first time homebuyers are eligible to receive up to $10,000 in down payment and closing cost assistance in the form of a second mortgage, depending on household size and income.

spacer

Down payment assistance programs and/or grants were researched by the team at FHA.com. Please note that all programs listed on this website may involve a second mortgage with payments that are forgiven, deferred, or subsidized in some manner until resale of the mortgaged property.

FHA.com's compilation is not a complete list, but it can serve as a starting point in your search for the down payment assistance program or grant for your situation. It is up to the consumer to contact these entities and find out the specifics of each program.

SEE YOUR CREDIT SCORES   From All 3 Bureaus  

Do you know what's on your credit report?

Learn what your score means.


GET STARTED

FHA Down Payment Programs Near You