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 Generation HomebuyerYes
- Can be Layered with other ProgramsYes
Eligible Property Types
- Single Family Home
- Duplex/2-unit
- Town Home
Loan Term
- 30 year
Funds can be used for:
- Down Payment
- Closing Cost
State(s)
- Minnesota
Homebuyer Education Requirement Option(s)
- Home Stretch
- Framework
- Freddie Mac Credit Smart
- Fannie Mae Home View
Occupancy Type
- Primary Home
Financial Instution
Frandsen Bank & Trust
Role
Loan Officer
Location
3585 Hwy 61 N, Vadnais Heights, MN 55110, USA
Reviews (0)
About the listing author
Hello, I'm Lance Elliott | Frandsen Bank & Trust | Loan Officer.
Lance Elliott has been a part of the mortgage industry for more than 14 years, and during this period, he has served in various roles. For over a decade, he has been…
Lance Elliott has been a part of the mortgage industry for more than 14 years, and during this period, he has served in various roles. For over a decade, he has been…
First-Generation Homebuyer Loan
First-Generation Homebuyer Loan
Lance Elliott | Frandsen Bank & Trust | Loan OfficerLance Elliott | Frandsen Bank & Trust | Loan Officer