Washington County first time home buyer programs
There are currently no programs funded that are specific to Washington County but please check out our Woodbury first time home buyer page (quick summary can be found below) or the Minnesota down payment program page available to those buyers looking in Washington County.
Woodbury First-Time Homeownership Program
Up to $25,000 at 3% interest which is paid monthly while the principal is deferred.
Maximum purchase price is $275,000.
Principal is deferred until sale, payoff of the mortgage or the home is no longer owner-occupied.
Income must be under $76,800 for a household of 1-4 people. Contact us below for income limits up to 8 person households.
Minimum borrower investment of 5%.
Must be first-time buyer.
Woodbury Foreclosure Purchase Program
All information is the same as above with the addition of:
Property needs to be in a status of foreclosure, with the Woodbury loan recipient as the first owner-occupant after the foreclosure OR the property could be in foreclosure prior to sheriff’s sale.
Don’t need to be a first-time buyer.
Income cannot exceed $81,900 for a 1 person household or $90,000 for a 4+ person household.
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!
