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Minnesota Housing Homeowner Entry Loan Program (HOME HELP) PDF Print E-mail

Description: Minnesota Housing provides the opportunity for eligible homebuyers who qualify for a Minnesota Housing loan to receive an interest-free, deferred loan to help with down-payment and closing costs through the Homeowner Entry Loan Program (HOME HELP). First time homebuyers interested in down-payment and closing costs assistance should contact a Minnesota Housing participating lender prior to signing a purchase agreement. Participating lenders can determine the level of eligibility. You may be eligible for HOME HELP if you:

HOME HELP provides an interest free, deferred loan with repayment of the full loan amount in the first five years of the loan; where after the first five years, 30% of the initial loan amount is due upon maturity of the CASA first mortgage.

Consumer information about the HOME HELP and the new HOME HELP II program.

For more information, contact:
Minnesota Housing
Phone: 651-296-8215
Web:  http://www.mnhousing.gov/



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