Minnesota Housing First Generation Homebuyer Program

Minnesota Housing Finance Agency

Available Down Payment

About This Program

Down payment and closing cost assistance for first-generation homebuyers whose parents do not own a home. Provides forgivable second mortgage of up to $15,000, forgiven over 10 years. Available statewide through participating lenders.

Forgivable loan, forgiven at 10% per year over 10 years

Key Details

  • Up to $15,000 forgivable down payment assistance
  • For first-generation homebuyers
  • Parents cannot own a home
  • Forgiven over 10 years
  • Available through participating lenders

How to Apply

A grant-savvy contractor in Blaine, MN can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Rolling through approved lenders

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Blaine, MN

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