MN Down Payment Assistance

Minnesota Down Payment Assistance Programs

Comprehensive guide to Minnesota DPA programs through Minnesota Housing Finance Agency. Get up to Up to $15,000 to help with your down payment and closing costs.

Up to $15,000

Max Assistance

Programs Available

660

Min Credit Score

Required

Homebuyer Education

Minnesota DPA Programs

Minnesota Housing Finance Agency offers multiple down payment assistance programs to help Minnesota homebuyers achieve homeownership with reduced upfront costs.

Start Up

Forgivable LoanForgiven in 10 years

Provides down payment and closing cost assistance for first-time buyers. Assistance is a forgivable second mortgage.

Assistance Amount

Up to $15,000

Step Up

Deferred Loan

Program for repeat buyers or those who haven't owned recently, offering down payment assistance.

Assistance Amount

Up to $10,000

Program Comparison

Program	Type	Amount	Forgiveness
Start Up	Forgivable Loan	Up to $15,000	10 years
Step Up	Deferred Loan	Up to $10,000	N/A

Eligibility Requirements

To qualify for Minnesota down payment assistance programs, you typically need to meet these requirements:

General Requirements

First-time homebuyer for Start Up; repeat buyers eligible for Step Up
Minimum credit score of 660
Property must be in Minnesota and primary residence
Meet income limits
Complete homebuyer education course

Key Limits & Requirements

Minimum Credit Score

660

Income Limit

Up to 115% AMI

First-Time Buyer Required

No (some programs)

Homebuyer Education

Required

How to Apply

Follow these steps to access Minnesota down payment assistance programs through duPont Lending

Get Pre-Qualified

Complete our quick online application to determine your eligibility and loan options.

Choose Your Program

Work with your loan officer to select the best Minnesota DPA program for your situation.

Complete Education

Complete required homebuyer education course (we'll guide you to approved providers).

Close on Your Home

Finalize your loan with down payment assistance applied, reducing your upfront costs.

Ready to Access Minnesota Down Payment Assistance?

Get pre-qualified in minutes and discover which Minnesota DPA programs you qualify for. Our experienced team will guide you through every step of the process.

Official Minnesota Resources

For more information about Minnesota down payment assistance programs

Minnesota Housing Finance Agency

Official state housing finance agency administering DPA programs in Minnesota

Visit Official Website

Need help navigating Minnesota DPA programs? Our team specializes in down payment assistance and can help you determine which program is best for your situation.