Blaine Down Payment Assistance Loan
The City of Blaine Economic Development Authority’s Program provides down-payment/closing cost assistance to first-time homebuyers purchasing a home in Blaine. Employees of Blaine businesses could also be eligible for additional funds to encourage them to live where they work.
Details
- Down Payment Assistance TypeDeferred Loan
- Max Purchase Price375000
- Down Payment Assistance Amount Up To10000
- First-Time HomebuyersYes
- FHA Down Payment Eligible Yes
- Can be Layered with other ProgramsYes
Eligible Property Types
- Single Family Home
- Duplex/2-unit
- Tri-plex/3-unit
- Quadplex/4-unit
- Town Home
- Condo
Down Payment Assistance Amount (Explanation)
Loan amounts up to $10,000 for current Blaine residents or employees and up to $5,000 for all others.
Funds can be used for:
- Down Payment
- Closing Cost
State(s)
- Minnesota
City
- Blaine
Homebuyer Education Requirement Option(s)
- Home Stretch
Occupancy Type
- Primary Home
Financial Instution
Bell Bank
Meet-Up Availability
- Virtual
- In-Person
- By Phone
Role
Loan Officer
Disclosures
Loan approval is subject to credit and program guidelines.
Location
563 Bielenberg Dr, Woodbury, MN 55125, USA
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About the listing author
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,…