Minnesota 1st Generation Homebuyer Down Payment Assistance Program

By now we hope you have heard about the new Minnesota 1st Generation Homebuyer Down Payment Assistance Program. It offers up to $35,000 in forgivable down payment assistance. We are ready to show you how to leverage this program to secure more buyer prospects and/or help your seller or prospective seller.

This 30 minute session will cover how to leverage this program as a Realtor.

This new program offers eligible first-generation homebuyers deferred, interest-free, and forgivable loans of up to $35,000, which can be used towards their down payment and closing costs. This can significantly reduce the upfront financial burden associated with buying a home, making homeownership more accessible for qualified individuals.
We will be offering both the MN Housing and the MMCDC versions of this program which have different forgiveness periods and guidelines.