Down Payment Assistance
MINNESOTA HOUSING FINANCE AGENCY LOAN
The MHFA down payment assistance program is available to first time homebuyers. This program offers up to $17,000.00 towards closing costs and down payment. This is a zero interest loan with no required monthly payments. The funds need only be repaid once the primary mortgage is paid off or refinanced.
Must be a borrowers first home purchase
All borrowers are required to contribute at least $1,000 towards the purchase of their home.
Credit Score and income are reviewed
Homeowner Education class is required
Phone number- 612-209-7922
Information from source below