Minnesota Housing Start Up Loan

Minnesota Housing Finance Agency

Available Down Payment

About This Program

Provides down payment and closing cost assistance to first-time homebuyers in Minnesota, including Northfield. Must be used in conjunction with a Minnesota Housing first mortgage loan. Forgivable loan structure available for income-eligible borrowers.

Down payment assistance loan, may be forgivable based on income

Official source site checked live on 2026-06-17.

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Up to $15,000 for down payment/closing costs
  • Must be first-time homebuyer
  • Used with Minnesota Housing first mortgage
  • May be forgivable loan
  • Income limits apply

How to Apply

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

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Applications accepted year-round

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

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

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