First Time Homebuyers ?

Are you tired of renting and throwing your money away? Become a homeowner and enjoy the benefits and pride of owning your own home.
If you live in Minnesota, you may be able to qualify for a terrific Loan Program thru the Minnesota Housing Finance Agency (MHFA).

MHFA’s mission “is to meet Minnesotans needs for decent, safe affordable homes and stronger communities”. Mortgage programs are provided that are below market interest rates to eligible first-time homebuyers.

Benefits of the MHFA Loan Programs:
Below market interest rates
Interest-Free loans to help with down payment assistance
Monthly Payment Assistance
30 year and 40 year Mortgage Terms

Mortgage Program Guidelines
To qualify for MHFA Loan Program you must:
Be a first time homebuyer, or have not owned a home in the past 3 years
Meet the requirements for income and home purchase price limits
Have acceptable credit

Mortgage Loan Programs

Minnesota Mortgage Program (MMP)
Available Statewide
Below market interest rates
30 year maximum Loan Term
Homeownership Assistance Fund (HAF) available for Targeted Borrowers for down payment and closing costs

Community Activity Set-Aside Program (CASA)
Supports Community-based initiatives
Below market interest rates
Optional 40-year loan term
Homeownership Assistance Fund (HAF) available for Targeted Borrowers for down payment, closings costs and monthly payment assistance

If you are interested in these programs, or know someone who may be interested, please give me a call at 763-515-5050. As always, referrals to friends, family members, neighbors and business associates are always welcome!
Enjoy the hot weather. It will be getting cold soon enough!

Regards,
Steven