🏠 Minnesota First Time Homebuyer Programs | Minnesota Housing Finance Agency

Описание: Want to buy your first home in Minnesota but have zero down payment saved?
The Minnesota Housing Finance Agency (MHFA) offers down payment assistance programs that can help you buy a home with as little as $1,000 out of pocket.

In this video, Peter Lindquist, a mortgage loan officer in Minnesota at Rate with 30+ years of experience, breaks down everything you need to know about MHFA’s Start Up and Step Up programs — including:

💰 How MHFA’s Deferred Payment Loan and Deferred Payment Loan Plus work

🏡 Who qualifies as a first-time homebuyer in Minnesota

💸 How much down payment assistance you could get ($14,000–$18,000)

📊 Income limits and program rules

🧾 How to buy a home with as little as $1,000 out of pocket

📊 MHFA has a requirement of the buyer to use a minimum of $1,000 of their own funds towards the transaction.

✅ What to do if you’ve already owned a home before

Whether you’re buying your first home or moving up to your next, MHFA programs can make homeownership possible in 2025.

📱 Contact Peter Lindquist
📞 651-491-5381
✉️ [email protected]

📝 Apply now: https://www.rate.com/LindquistTeam

To learn more about this program, please visit https://www.mnhousing.gov/homeownersh.... Eligibility requirements, assistance type, and assistance amounts vary based on program. Talk to your loan officer about what opt ions may be available, as well as the specific borrower, property, and loan type restrictions ore requirements that may apply. Not all programs are available in all areas.

Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Refinancing your mortgage may increase costs over the term of your loan. Restrictions may apply.

Operating as Guaranteed Rate, Inc. in New York.
Guaranteed Rate, Inc. D/B/A Rate; NMLS #2611; Rate.com; 3940 N Ravenswood, Chicago, IL 60613; 866-934-7283. For licensing information visit nmlsconsumeraccess.org. Equal Housing Lender. Conditions may apply.