[ The latest news for Minnesota Housing homeownership lender partners ]
Reminder: Deferred Payment Loan Plus (DPL+)
Borrowers that qualify for DPL+ can access up to $10,000 (in increments of $100) toward downpayment and closing costs, whereas Deferred Payment Loan (DPL) offers up to $8,000 (in increments of $100).
In order to access DPL+, DPL eligible borrowers must meet two of the following criteria:
  • Sole head of household with at least one Eligible Dependent residing in the household 
    1. Household must include only one adult that is not an Eligible Dependent
    2. An Eligible Dependent is:
    • A household member who is under 18 years old;
    • A Disabled household member; or
    • A senior (age 62 or older)
  • Household of four or more people
  • Front-end ratio of 28% or higher (calculated without DPA)
  • Disabled household member
DPL+ Resources
New eLearning Module Available
We are excited to announce we have launched a new Downpayment and Closing Cost Loans eLearning module! This 10 minute training is available on demand and is easy to fit into your busy day. To access the eLearning modules, see the instructions below in "Training Opportunities."
Training Opportunities
If you are new to our programs or just need a refresher, please visit our training page and register for our September live webinars:
eLearning Modules (on-demand): 
  • Downpayment and Closing Costs Loans - NEW!
  • Intro to Minnesota Housing  
  • Income Training
  • Start Up Eligibility Basics 
  • Start Up Forms
View the instructions to create an eLearning account to access these on-demand trainings. If you already created an account, view your training record and take the course.
Recorded (on-demand):
Questions?
You can reach the Partner Solutions Team at 651.296.8215 or 800.710.8871 between 7:30 a.m. and 5:00 p.m. on business days.
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