Journey to Accessible Homeownership
Looking to buy your first home? Frandsen Bank & Trust offers a $15,000 grant that can be stacked with other programs to cover your down payment or closing costs! Whether you're looking to purchase in Hennepin or Ramsey County, we've got you covered with below-market interest rates and personalized support. Let us help you take the next step on your journey to homeownership.
Details
- Credit Score640
- Down Payment Assistance TypeGrant
- Down Payment Assistance Amount Up To15000
- Down Payment Minimal %3%
- Area Median Income (AMI)100%
Loan Term
- 30 year
Down Payment Loan Interest Rate Explanation
4.99% Interest Rate | 5.10% APR*
Funds can be used for:
- Down Payment
County
- Hennepin
- Ramsey
Financial Instution
Frandsen Bank & Trust
Role
Loan Officer
Disclosures
*Annual percentage rate. Payment example for a $200,000 loan is 360 principal and interest payments at $953.68. Rates and terms subject to change without notice. This information is provided for the real estate/mortgage professional and is not an advertisement to extend consumer credit as defined by Sec. 1026.2 of Regulation Z. *While funds are available
Location
3585 Hwy 61 N, Vadnais Heights, MN 55110, USA
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About the listing author
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…
Journey to Accessible Homeownership
Journey to Accessible Homeownership
Lance Elliott | Frandsen Bank & Trust | Loan OfficerLance Elliott | Frandsen Bank & Trust | Loan Officer