Down Payment Assistance Programs in Minnesota

Down Payment Assistance products offered in Minnesota include: CHENOA Fund Program and the “Within Reach” Program. To see which program may be right for you, get started on your application today!

CHENOA Fund Program

Availability: Nationwide

Description

The CHENOA Fund Program is available in Minnesota.

Features

  • Down payment assistance up to 3.5% of the purchase price or appraised value
  • 30-year fixed term with full amortization
  • FHA loan types only
  • Homebuyer education course NOT required
  • Credit and income restrictions may apply

Within Reach Program

Availability: Minnesota

Description

The Within Reach Program is available in all of Minnesota.

Features

  • Down payment assistance up to 4% of the note amount
  • 30-year fixed term with full amortization
  • FHA loan types only
  • Homebuyer education course is required
  • Credit and income restrictions may apply

Some program restrictions and requirements apply. The type of DPA and lien position will vary for each loan program. Please contact your On Q Financial, Inc. Mortgage Consultant for more information. OnQ0328180681Y000003h2Qy