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Bluff Country Multi-County HRA working with Minnesota Housing to provide first-time homebuyer loans

Fri, Mar 21st, 2014
Posted in All Home & Garden

Bluff Country Multi-County HRA, serving Fillmore and Houston Counties is partnering with Minnesota Housing to make resources available to first-time homebuyers.

Homebuyers can take advantage of these resources through the Minnesota Housing Start Up loan program, which offers fixed interest rates and three downpayment and closing cost loan options to eligible borrowers. The program’s home price limit in Houston & Fillmore Counties is $237,031.

Eligible homebuyers can access these loans at participating lenders in the Fillmore and Houston County areas. Visit www.mnhousing.gov for a full list of approved lenders.

“Minnesota Housing’s low-interest mortgage products, combined with the support of the Bluff Country Multi-County HRA and local lenders will help families achieve homeownership,” said Minnesota Housing Commissioner Mary Tingerthal.

For more than 40 years, Minnesota Housing has provided access to safe, decent and affordable housing and to build stronger communities across the state. In partnership with lenders, Minnesota Housing offers homebuyer loans, downpayment and closing cost assistance, a first time homebuyer tax credit program, and home improvement loans, as well as affordable rental housing throughout the state.

Information on current interest rates, lenders and eligibility is available at www.mnhousing.gov.

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