Minnesota Housing Homeownership Programs
Category: Housing
Benton County is working with Minnesota Housing to start you on the path to homeownership and help you find the right loan program to meet your homebuying needs. Whether you’re a first-time buyer, repeat buyer, or want to refinance, Minnesota Housing offers a variety of loan programs to help you Make Home a Reality.
Why choose a Minnesota Housing loan?
- Low, fixed interest rates for the life of the loan
- Purchase and refinance options for first-time and repeat homebuyers
- Downpayment and closing cost loans up to $18,000 for qualified borrowers
- Exclusive 3% down conventional products with low-cost or no mortgage insurance
- Works with industry standard products including FHA, VA, Conventional and Rural Development
Are you eligible?
Eligibility is based on program, and all borrowers must meet minimum credit score requirements. Visit Minnesota Housing’s website at www.mnhousing.gov for current information, including:
- Income limits
- Home cost limits
- Homebuyer education requirements
How to Get Started
Contact a Minnesota Housing participating lender at www.mnhousing.gov, search “Find a Lender.” Benton County or Benton Economic Partnership
