If you are a first time homebuyer looking to purchase a home in Dakota County you might want to look into programs offered by the Dakota County Community Development Agency. Their Home Ownership Connection program provides Downpayment and Closing Cost Assistance to first time homebuyers that qualify. In other words, Dakota County will loan you up to $10,000 to cover your closing costs under this program. Usually, a First Time Homebuyer is using FHA financing as must come up with 3.5% of the cost of the home as a downpayment. On a $200,000 home this is $7,000. With this … (0 comments)
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