With all of the great benefits available to the MN first time home buyer today, it is hard to know where to start in terms of listing the benefits. The State of Minnesota now offers special loan programs through its Minnesota Housing Finance Agency to offer reduced interest rates as well as down payment assistance. Additionally many communities today offer additional down payment assistance loans or grants that both reduce what you need for cash to close as well as reducing your monthly payment.
Get Preapproved Today
The first step in the process of buying a home s to get preapproved for your home loan. This means that you meet with a local mortgage lender who will review your credit, income, etc. In this discussion they can tell you what types of MN first time buyer programs you might be qualified for. This first step can usually be done right over the telephone and most lenders will arrange to talk with you when you're off work, even in the evenings or weekends.
Whether you are a first time home buyer or have a home to sell I want to help you with your purchase. There may never be a better time to buy with reduced property values and record low interest rates. Recent MLS reports show that homes are selling much faster this year than in the same period last year so it is a good time to think about buying. Please call or email me.
Sales Executive, Licensed Realtor in Minnesota
Woodbury, MN 55125
With a focus on Woodbury real estate and surrounding communities.