Reminder: Conventional Cash to Close Grants Still Available!
Grants are still available in 2018 with our Freddie Mac HFA AdvantageSM product. No end date for the grants has been determined. As a reminder, the grant amount must be 200 basis points of the loan amount or 50 basis points of the loan amount (rounding up or down in $100 increments) depending on qualifying income. The full amount of the grant must be used; partial grants are not allowed.
Refresh your knowledge of our homeownership programs and get the latest updates from Minnesota Housing, U.S. Bank HFA Division and representatives from Fannie Mae and Freddie Mac at our spring in-person trainings. Click the dates to learn more and to register:
Minnesota Housing will be closed on Monday, February 19 in observance of Presidents’ Day. Lenders will be unable to lock new loans between 5:00 p.m. on Friday, February 16 and 10:00 a.m. on Tuesday, February 20.
March Training Opportunities
If you are new to our programs or just need a refresher, please visit our training page and register for our March live Webinars: