Minnesota

Minnesota down payment assistance programs

Minnesota Housing offers first mortgages with deferred and monthly-payment assistance loans for first-time and repeat buyers.

Minnesota down payment assistance at a glance

Minnesota Housing offers the Start Up (first-time buyers) and Step Up (repeat and first-time buyers) first-mortgage programs, paired with down payment and closing cost loans.

Want the full Minnesota breakdown? Our dedicated Minnesota guide covers programs, local options, and current details: visit the Minnesota DPA guide →

Statewide programs

Start Up

A first-mortgage program for eligible first-time buyers that pairs with Minnesota Housing assistance.

Step Up

A first-mortgage program available to eligible repeat and first-time buyers.

Deferred Payment Loan

An interest-free loan with no monthly payment, repaid when you sell, refinance, or pay off the first mortgage.

Monthly Payment Loan

An assistance loan repaid in monthly installments for buyers with somewhat higher incomes.

Program names, amounts, and eligibility change frequently and funding can pause. Always confirm current terms with a participating lender or the program administrator.

Local and city programs

Minneapolis, St. Paul, and many counties and nonprofits offer additional assistance, sometimes layered with Minnesota Housing programs.

What Minnesota buyers should know

  • Deferred and monthly-payment loans have different income limits — your lender will check which you qualify for.
  • Homebuyer education is typically required.

Next step

Matthew Brown is licensed in Minnesota and can check which statewide and local programs fit your income, credit, and the home you want to buy.

Frequently asked questions

What is the Minnesota Housing Deferred Payment Loan?
An interest-free down payment and closing cost loan with no monthly payment, repaid when you sell, refinance, or pay off the first mortgage.
What's the difference between Start Up and Step Up?
Start Up is for eligible first-time buyers; Step Up is available to repeat and first-time buyers with different income limits.
Next step

Find out which programs fit you.

Down payment assistance rules change often, and many programs must be paired with a specific first mortgage. A short conversation will tell you what you likely qualify for — before you make an offer.

  • Program eligibility reviewed against current guidelines
  • Income, credit, and purchase price limits checked up front
  • A clear estimate of your cash to close

Two ways to start

Get pre-approved online, or book a free consultation to talk through programs first.

Or call/text Matthew Brown at (512) 952-1125 · matt@matt.mortgage

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