You know that feeling you get when you unexpectedly receive a gift in the mail? It’s so exciting, and you can’t wait to open it to see what’s inside. That’s how it feels when you learn you can receive down payment and closing cost assistance when buying a house in Minnesota or Connecticut. Let’s open up the package and see what they have to offer!
Minnesota Down Payment Assistance
If you want to buy a house in Coon Rapids, Minnesota, you’ll want to take advantage of their down payment assistance program. If you wish to purchase a single-family home, a townhouse, a condominium, up to a 4-unit residence, or a property held in a trust, you could receive up to a $5,000 loan to cover down payment costs. Learn more about the Coon Rapids down payment program here.
- Up to a $5,000 loan
- No monthly payments
- No down payment required
- No Annual Percentage Rate (APR)
Have you ever considered living in Shoreview, Minnesota? If you’re a first-time homebuyer interested in buying a home in Shoreview, you can receive down payment and closing cost assistance. For more information and to fill out a loan application, click here.
- Low-interest rates
- Up to a $30,000 loan
- Max purchase price $425,000
- Payback in monthly payments
- Owner-occupied primary residence
- Haven’t owned a home in the last 3 years
Connecticut Down Payment Assistance
In Washington, CT, the Housing Development Fund (HDF) offers up to $10,000 in down payment assistance toward purchasing a home. Down payment assistance is available for anyone who qualifies and hasn’t owned a home in the last 3 years. For more information and to apply for down payment assistance, click here.
- No APR
- 30-year loan
- Up to $10,000 loan
- HDF Income Eligible
- Haven’t owned a home in the last 3 years
- Prepared to buy a home in the next 12 months
Conclusion
We want you to be able to buy a house with down payment assistance, and we hope you’ll take advantage of these programs. What area of the U.S. do you want to buy a home? Please let us know, and we’ll see if we can find down payment assistance programs for you.
