Expanded Downpayment Loans with HFA Preferred Risk Sharing
Plus: Updated Forms and Upcoming Webinars

Partner Solutions Team: mnhousing.solution@state.mn.us or 651.296.8215/800.710.8871 Monday-Friday
7:30 a.m.-5:00 p.m.
Deferred Payment Loan and HOME HELP Now Available with HFA Preferred Risk Sharing
Borrowers can now use Deferred Payment Loan and HOME HELP with Start Up HFA Preferred Risk Sharing. Commitments made on or after May 23, 2014 are eligible.
Refer to the specific downpayment and closing cost loan program in the Start Up Procedural Manual and HOME HELP Procedural Manual to determine borrower eligibility. The DPA Loan Comparison chart also reflects these changes. 
Updated Start Up and MCC Forms
We made changes to the Start Up and MCC forms listed below based on lender feedback. There is no penalty for using previous versions of these forms, but the changes we made will make it more clear where to sign documents and minimize confusion and errors. We recommend using the new forms as soon as possible.
Reminder: Only use the Mortgage Deed Amendment with Start Up.
June Webinars
400 Sibley Street, Suite 300 | Saint Paul, MN 55101 US
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