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Application Process

The Minnesota Down Payment Assistance process is very similar to a traditional purchase. One of the main differences is some of the down payment assistance entities may require the potential buyer to take a first time home buyer class. Sometimes Minnesota Down Payment Assistance loans take a little longer than traditional financing.

Deadline to apply

Most counties and down payment assistance entities sell bonds to fund down payment assistance programs. Since some of these programs are very popular it may be possible that a program may run out of money before you buy. It is important to check with us first to ensure there are funds left that you can take advantage of.

What is Down Payment Assistance?

Down payment assistance was designed to help buyers make home ownership more affordable. In some cases, down payment assistance programs may only require the buyer to pay $1,000 to buy a home.

Advantages to using down payment assistance

The #1 advantage to using down payment assistance is that buyers are able to find the house they want for very little down payment. Most down payment assistance loans are conventional loans so it opens more properties the buyer may be able to buy.

What others say

"Kris Lindahl does such a great job functioning at a very high level. He helped us save thousands of dollars on our home purchase,. It is reassuring to know that there are people in this world that are willing to help ...
Mark

"Using Edina Realty to purchase our home was one of the best decisions we have ever made. The home warranty we received when we purchased the home was a lifesaver. We have saved a lot of money becau ...
Amanda

"Shopping for a realtor was difficult for us. We wanted someone that would listen to our needs and try to obtain the best deal possible. When we first applied to buy a home we weren’t even aware that down payment ass ...
John

"They provided first class service all the way through our transaction. What made us so happy was that any time we needed Kris he was always available on his cell phone and email. I have never seen someone work so hard ...
Tom

About Us

Kris Lindahl leads a team of real estate agents that specialize in down payment assistance loans. His team has all the resources to help you buy a new home for little down. In a market with so many down payment assistance programs its important that you use a team that can help you minimize the amount of down payment you need to purchase your new home.

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