Anoka County first time home buyer programs
There are currently no programs funded that are specific to Anoka County but please check out the Coon Rapids Down Payment Assistance page (quick summary below) if you are looking to buy in Coon Rapids.
Additionally, our Minnesota Buyer Program page explains down payment programs available to those buyers searching in Anoka County or beyond.
Regenerations Down-Payment Assistance Program
Available in Coon Rapids only
Up to $6000 assistance which is forgiven after 10 years if parameters are met
No income limit requirements
Requires use of 203K rehab loan
No monthly payments
Only available for single family homes.
Anoka County Down Payment Assistance Program (no longer available)
Anoka Home Down Payment Assistance Program is designed to help first time homebuyers purchase homes more affordably by providing deferred loans that can be used for down payment assistance. Eligible buyers may qualify for up to $10,000 grant. The principle only mortgage must be repaid it the proprty is sold under 5 years.
- Max price allowed for the home $276,683
- Min invest $1,000
- Max income must be below $64,720
- Must attend Homestretch Class
Anoka County NSP Funds (discontinued)
Must close by 2/28/10 as program is phasing out, must do Homestretch, have 1000 invested, only available in targeted areas in Anoka county, must be bank owned and cannot have an association, up to 10000 0% int, required to be repaid upon sale, refi, income max 97080 (1-4) Not required to be FTHB
Buying your first home can be overwhelming. Let us help! We are committed to finding you any grant monies or assistance programs available to you. Our buyer agent services are FREE! Please contact us for more information. We have assisted hundreds of first time home buyers and look forward to the opportunity to assist you!