Minnesota Down Payment Assistance for Existing Homeowners

Down Payment Assistance isn't just for first time home buyers!   We are pleased to offer a new program for current homeowners or those that have owned a home within the last 3 years.  The Step Up Program is a statewide Minnesota Housing program available to all Minnesotans!  

Step Up Program Bennefits:

  • As little as 3% down with $15,000 closing costs and downpayment loans available
  • Low or no mortgage insurance option
  • Affordable fixed rate interest rates for the life of the loan

Eligibility Guidlines:

  • Existing homeowner or have owned in the last 3 years
  • Purchase Limit of $306,000 (11 County Twin Cities Metro) and $253,800 (Outside 11 County Metro)
  • Income Limit
  • Minimum Credit Score

Find Out What Mortgages You Might Qualify For

Your Credit and Income

Other Details