Deferred second loan
Burnsville Down Payment Assistance Deferred Loan
Income limits · Single Family · Condo · Townhome
Down payment assistance · Dakota County
Buying a home in Burnsville, MN
1 Burnsville program and 8 statewide.Burnsville has 1 program of its own, and 8 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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Only for Burnsville addresses
Burnsville’s own program
The Burnsville marketThe Burnsville housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Burnsville
- 44.8% single-familysingle-family
- 19.1% townhousetownhouse
- 3.5% 2–4 units2–4 units
- 30.3% 5+ unitscondo & apartment buildings (5+ units)
- 2.2% mobile & othermobile home & other
Condos count. Burnsville’s one local program accepts condos.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Burnsville’s homes were built
pre-19401970s2020+
45%
of Burnsville homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$131,500
County area median income, 4 people (HUD)HUD area median income, Dakota County, 4-person household (2026)
$87,024
Burnsville median household incomeMedian household income in Burnsville (Census, 2024)
14 of the 71 programs here set their income limit as a share of Dakota County’s area median income, adjusted for household size. See the published limits for Dakota County
Free help nearbyFree help near Burnsville
11 HUD-approved counseling agencies within 15 miles11 HUD-approved housing counseling agencies within 15 miles
Create a free account to see who’s near you and pick one.A HUD-approved counselor teaches homebuyer classes and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across Minnesota and nationwide
70 statewide & federal programs8 statewide programs, plus federal options
Burnsville questions
Does Burnsville have its own down payment program?
Yes, one: Burnsville Down Payment Assistance Deferred Loan, a deferred second loan (forgiven over 30 yrs, income limits). It is for homes inside Burnsville.
Can I use assistance on a condo in Burnsville?
Burnsville’s one local program accepts condos. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Dakota County?
Each program sets its own. 14 of the programs here set theirs as a share of HUD’s area median income for Dakota County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Burnsville?
HUD-approved housing counseling agencies teach homebuyer classes, and 11 agencies are within 15 miles of Burnsville. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
55306 · 55337
Nearby in Dakota
Sources
Sources: agency sites (June–August 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (June–August 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.