New Minnesota Housing Mortgage Loan Programs – not just for First Time Homebuyers!

Through the Minnesota Housing Finance Agency (MFHA), the State of Minnesota offers eligible homebuyers loans with subsidized interest rates and mortgage insurance for low-to-moderate income homebuyers, that is correct, it is not just for first time homebuyers anymore! Start Up is the new Minnesota Housing statewide mortgage loan program for low-to-moderate income first-time homebuyers.  Click here for detailed information on Start Up (first-time homebuyer loan program). Step Up is a new Minnesota Housing loan program for non-first-time homebuyers to purchase or refinance a home.  The program offers affordable fixed-rate loans and access to down payment and closing cost loan options …

First Time Homebuyers – OK, Now What?

As a First Time Home Buyer it is like opening up a new IPad you just received from Santa.  You are excited to open the box, fire it up, but once it is out of the box you don’t even know what you don’t know about your new IPad.  The same generally apply’s to First Time Home Buyers, the decision is out of the box to start the home buying process, but there are so many things you don’t even know that you don’t know.  First suggestion, find a Mortgage Professional & Realtor that Specializes in First Time Home Buyer …