Many first-time buyers qualify for down payment or other assistance programs. But it can be challenging to understand the requirements and application process for multiple programs.
The Center has partnered with Down Payment Resource to help! This FREE tool asks a series of simple questions and then provides you information about the down payment programs in Minnesota for which you may qualify. Get started here.
To help you understand the steps to successful homeownership, the Center has created a visual overview of the homebuying process. Click ‘Read more’ or click on the image to view the steps to successful homeownership.
Shopping for – and getting – the right mortgage loan might just be the key to successful homeownership for you. The Center has compiled a catalog of Affordable Mortgage Loan Products for first-time homebuyers in Minnesota. These loans typically have flexible underwriting standards, low down-payment requirements and other qualities that make them perfect for first-time buyers.
Click ‘Read More’ to open a PDF of the catalog. If you have questions about any of the products, contact a Homeownership Advisor by clicking here.
The Homeownership Center offers homebuyer information to make sure that you have what you need to make smart homebuying decisions.
We’ve created a number of fact sheets and informational videos to help homebuyers in Minnesota. These fact sheets include information on home mortgages, special programs and help for first-time homebuyers.
Purchasing a short sale
Types of Homeownership
Understanding a Contract for Deed
And many more …