Minnesota Mortgage Program Down Payment Assistance

Minnesota Mortgage Program Down Payment Assistance

Minnesota Mortgageprogram is a low subsidized fixed rate for 1st time home buyers, to see rates updated daily http://www.mnhousing.gov/.  The current rate for this program is 4.125% for a 30 yr. fixed loan.

Income Limits for Household earning less than $83,900 for a family of 1-4 people, $90,700 for 5 people, and $96,400 for 6 people. 

The down payment assistance program for the MMP is HAF.  The max for HAF assistance is $3,000 for entry cost assistance loan may be available for down payment if you are a single parent headed household, have someone in the household with a disability, ethnic racially diverse borrower, and purchasing in a low income census tract http://www.ffiec.gov/Geocode/default.aspx.

This program is available for the entire state of Minnesota. 

Contact us today.

Ben Coulter

Minnesota First Time Home Buyer Down Payment Assistance Program

Serving Mankato, North Mankato, Northfield, Minneapolis, St. Paul, Brainerd, St. Cloud, Rochester, Duluth and all other cities in Minnesota.