First-Generation Homebuyer Loan
Minnesota Housing's First-Generation Homebuyer Loan Program is a downpayment and closing cost loan for first-generation homebuyers. The program offers loans up to $35,000.
Details
- Down Payment Assistance TypeForgivable Loan
- Down Payment Assistance Amount Up To35000
- First-Time HomebuyersYes
- Mortgage InsuranceYes
- FHA Down Payment Eligible Yes
Eligible Property Types
- Single Family Home
- Duplex/2-unit
- Tri-plex/3-unit
- Quadplex/4-unit
- Town Home
- Condo
Loan Term
- 30 year
Funds can be used for:
- Down Payment
- Closing Cost
State(s)
- Minnesota
Homebuyer Education Requirement Option(s)
- Home Stretch
Occupancy Type
- Primary Home
Role
Loan Officer
Location
563 Bielenberg Dr, Woodbury, MN 55125, USA
Reviews (0)
About the listing author
Hello, I'm Tiffany Philips | Bell Bank | Loan Officer.
Born in Chicago, I moved to Minnesota when I was 10 years old and later earned a bachelor’s degree in criminal justice and sociology from Hamline University in St. Paul,…
Born in Chicago, I moved to Minnesota when I was 10 years old and later earned a bachelor’s degree in criminal justice and sociology from Hamline University in St. Paul,…