Thursday, February 1, 2007

Minnesota First Time Home Buyer Programs

If your looking for first time home buyer help in Minnesota, check out the Minnesota Housing Finance Agency (MHFA). MHFA makes mortgages with below market interest rates available to first time homebuyers* through local lenders. Here are a few links to some of the first time home buyer programs they have available;

MHFA Mortgage Loan Programs
Minnesota Mortgage Program (MMP) - Mortgage Loans available throughout Minnesota

Community Activity Set-Aside (CASA) - Mortgage Loans for Specific Community Needs

Urban Indian Housing Program - Mortgage Loans for Native Americans
If you've always wanted a home of your own, now is the time to start. Even if you think you can't afford it, don't have a down payment or just have no idea where to start, MHFA encourages you to look around their web site and find out if homeownership is right for you.
*For MHFA loan purposes, first time homebuyer is defined as anyone who has not owned a home or had an interest in a home in the past three years.

1 comment:

Anonymous said...

that was in depth! nice post