[ The latest news for Minnesota Housing real estate agents]
New Tool to Reassure Sellers that Minnesota Housing Funds Are Available

To reassure sellers that Minnesota Housing homebuyer programs are available, we encourage you to include with your purchase offers our new Open for Business Letter. The letter explains that Minnesota Housing has continuously served Minnesotans during the best and the most challenging economic environments and that all Minnesota Housing homeownership programs are available, including downpayment and closing costs loans.  
You can find this Open for Business Letter on the Real Estate Agent's page of our website. 
A Solution For Repair Needs
Minnesota Housing's Fix Up Loan Program can assist your clients.
Are you working with buyers that are looking at homes that need a little TLC ? Do you have sellers whose house would sell quicker, or for top dollar, if they completed some renovations prior to listing? Minnesota Housing's Fix Up program can finance most home renovation projects. Examples include: replacing windows and siding, kitchen or bath updates, finishing a basement, adding a garage or replacing mechanicals. 

Benefits of a Fix Up loan include:
  • Affordable fixed interest rates
  • Loan terms up to 20 years
  • Little to no equity required in the home
  • No prepayment penalty
  • Secured and unsecured loan options
  • No income limits on the Energy or Accessibility loans 
Apply for a Fix Up loan through a participating lender
Click here to learn more about the Fix Up program or contact Kirsten Partenheimer.
Questions?
Reach us at mnhousing.solution@state.mn.us or at either 651.296.8215 or 800.710.8871 between 8:00 a.m. and 5:00 p.m. on business days.
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