[ The latest news for Minnesota Housing homeownership lender partners ]
Step Up Purchase Price & Refinance Loan Limits Increasing
Purchase price/refinance loan amount limits for the Step Up loan program are increasing for loans locked on or after January 4, 2021.
Location
Property Type
Step Up Purchase Price/Refinance Limit
11-County Metro
One unit
$402,500
11-County Metro
Duplex
$515,250
Balance of State
One unit
$356,362
Balance of State
Duplex
$456,275 

Minnesota Housing Update & Underwriter Call: New Series Sign-up
Join us monthly to review recent Minnesota Housing updates and important information to help you originate and process our loans. Click here to register for the monthly calls.
Please note that if you signed up for the last series of calls, you'll need to register again for the next series. (The previous link has expired.) When you register, you will be signed up for all sessions but can attend the sessions that work for you. All calls occur on the second Thursday of the month from 9:00-10:00 a.m. CST. Next sessions are:
  • Thursday, January 14
  • Thursday, February 11
  • Thursday, March 11
  • Thursday, April 8
  • Thursday, May 13
Minnesota Housing Closed January 1
Minnesota Housing will be closed on Friday, January 1, 2021 for New Year's Day. Lenders will be unable to lock new loans between 8:00 p.m. on Thursday, December 31 and 10:00 a.m. on Monday, January 4.
Questions?
You can reach the Partner Solutions Team at 651.296.8215 or 800.710.8871 between 8:00 a.m. and 5:00 p.m. on business days.
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