MHFA Approved Lender. Minneapolis, St Paul, MN
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We make dreams come true... With Down Payment Assistance loans

Minnesota Housing Finance Agency
In partnership with the Minnesota Housing Finance Agency

What do MHFA loan programs have to offer first time homebuyers in MN?

You may be eligible for a Minnesota Housing Finance Agency mortgage if you:

We are and Approved MHFA Lender

Minnesota Housing Finance Agency partners with lenders across the state to provide our loan products to consumers.  To learn more about which Minnesota Housing program is right for you, and to see if you qualify, please call (651) 552-3681 or fill out our mobile optimized online application.

When you decide to buy a home or refinance a mortgage in Minneapolis, St. Paul, Duluth, Rochester, or anywhere else in Minnesota, your search for a home loan or mortgage only need to start and end here.  With so many lenders to choose from in the greater metro area, and nationally, you need to choose one you can trust to find the mortgage loan thatís best for you.


What kind of loans does Minnesota Housing offer? Two Down Payment Assistance Loans to Choose Click here to apply online for a down payment assistance loan in MN

START UP Program

The "Start Up" mortgage loans through local lenders to low and moderate income homebuyers throughout Minnesota. This first time homebuyer loan program that helps low to moderate income Minnesotans to buy a home. The interest rates are below market rates and available to Minnesotans based on their income. Income and Home Price Limit Tables are linked below.

STEP UP Program

The "Step Up" program is designed for move up buyers, or someone who has owned a home in the previous three-years. This first time homebuyer loan program that helps low to moderate income Minnesotans to buy a home. The interest rates are below market rates and available to Minnesotans based on their income. Income and Home Price Limit Tables are linked below.

MORTGAGE CREDIT CERTIFICATES

Combine a Start Up Program loan with Mortgage Credit Certificates (MCC), which can be used to lower your federal tax liability up to $2,000 per year.  be sure to ask about an MCC
 
Start Up First-time Homebuyer Loans
  • Purchase Option
  • 640 minimum credit score
  • Low, affordable interest rates
  • Three downpayment and closing cost loan options available for eligible borrowers:
    • Monthly Payment Loan
    • Deferred Payment Loan
    • HOME HELP Loan
Step Up Non-First-time Homebuyers Loans
  • Purchase and refinance options
  • 640 minimum credit score
  • Low, affordable interest rates
  • One downpayment and closing cost loan option available for eligible borrowers:
    • Monthly Payment Loan
MCC (with First Mortgage)
  • For First-time homebuyers
  • Minnesota Housing home mortgage loan with low, affordable interest rates
  • Mortgage Credit Certificate (MCC) to reduce your federal income tax liability up to $2,000 per year
  • Optional Monthly Payment Loan to cover downpayment and/or closing costs
 

  Click here to apply online for a down payment assistance loan in MN

 

Mortgages Unlimited, Inc - St Paul Office
33 Wentworth Ave E, Suite 290
Saint Paul, MN 55118
Office (651) 552-3681    Fax (651) 994-6425
E-Mail: jmetzler@muihomeloans.com

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33 Wentworth Ave E - St Paul, MN 55118 - NMLS 274132
Equal Housing Lender (C) 2001 - 2017 - Joe Metzler for Mortgages Unlimited, Inc

License Information
Mortgages Unlimited, Inc. Nationwide Mortgage Licensing System and Registry (NMLS) # 225504 Saint Paul Branch - NMLS # 387944. Joe Metzler, Licensed Mortgage Loan Originator NMLS #  274132. Minnesota Lic/Reg #: MN-MLO-274132. Wisconsin Lic/Reg #: 11418