[ The latest news for Minnesota Housing homeownership lender partners ]
Increased Income Limits Effective Today
Income limits for the Home Mortgage programs have increased for loans locked on or after July 1, 2019:
*The 11-county Twin Cities Metro Area is defined as: Anoka, Carver, Chisago, Dakota, Hennepin, Isanti, Ramsey, Scott, Sherburne, Washington and Wright Counties. 
Increased Home Cost Limits Effective Today
The acquisition cost limit for Start Up and the purchase price or refinance loan amount limit for Step Up have increased for loans locked  on or after July 1, 2019:
  • 11-county metro area: $330,100
  • All other counties: $283,300
Start Up Subsidy Recapture Disclosure Statement and Tennessen Warning
We updated the Subsidy Recapture Disclosure Statement and Tennessen Warning to reflect the updated income limits. The new version (dated 6/20/2019) will be required for all Start Up loans that are locked on or after July 1, 2019. Continue to use the version dated 5/29/2019 for Start Up loans locked before July 1, 2019.
Training Opportunities
Check out our quick, on-demand eLearning courses:
  • Intro to Minnesota Housing (10 minutes)
  • Start Up Eligibility Basics (10 minutes)
  • Start Up Income Training (25 minutes)
  • Start Up Forms (20 minutes)
  • Downpayment and Closing Cost Loans (10 minutes)
  • Conventional Products (10 minutes)
  • Post-closing (10 minutes)
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 Webinars (on-demand):
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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