Down Payment Assistance and Affordable Home Loans

You’ve heard people talk about down payment assistance and affordable home loans. But what are the details, and what do you qualify for?

Down Payment and Entry Cost Assistance
The Home Ownership Center of Minnesota has fact sheets for new homebuyers. These include all kinds of information related to home ownership. Scroll to the bottom of that page, and you can download a comprehensive list of down payment and entry cost assistance programs as well as affordable loan programs. Own A Home MN also has a great list of assistance programs.

Affordable Homes for Sale
Own A Home MN lists affordable homes for sale throughout the state, and you can search by location, price, size, and more. Homes rehabbed by PRG are listed there, as well as here on our website.

Help!

PRG’s homebuyer counselors are available to talk with you—free—about your home buying goals, your finances, and which programs might be the best fit for you. Give us a call at (612) 721-7556 to make an appointment.

An update to last month’s down payment assistance tips:
Last week the Home Ownership Center of Minnesota announced a partnership with Down Payment Resource. This is a simple tool that lets you search for down payment assistance available for your specific home purchase.

  • PRG is by far one of the best non-profits serving the housing needs of our community. I recommend their homebuyer counseling services to my first-time homebuyers all the time.

    Ann, Real Estate Broker
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