Minnesota Housing Start Up — Deferred Payment Loan Plus (St. Paul)

About This Program

Minnesota Housing's Start Up program offers Deferred Payment Loan Plus (DPL+) of up to $18,000 for down payment and closing costs for St. Paul homebuyers. The DPL+ is a 0% interest deferred loan due on sale, transfer, or maturity. St. Paul may also offer local down payment assistance through SPARC (Saint Paul Area Reinvestment Council) and neighborhood CDFIs.

First-time homebuyers in St. Paul using MN Housing first mortgage

Key Details

• Up to $18,000 as Deferred Payment Loan Plus (0% interest)
• No monthly payment — due on sale, transfer, or maturity
• Must pair with MN Housing Start Up first mortgage
• Ramsey County income limits: up to $138,000 for 3+ persons
• Contact MN Housing: 651-296-8215 or 800-710-8871

How to Apply

Deadline: Rolling through MN Housing-approved lenders