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.
Ben Coulter
612.384.7818
Ben@UptownFinancial.com
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.
