White Earth Investment Initiative Down-Payment Assistance Loan

White Earth Investment Initiative Down-Payment Assistance Loan is a deferred second loan for homebuyers in Minnesota, administered by White Earth Investment Initiative (WEII). White Earth Investment Initiative offers down-payment assistance loans of up to $5,000 to qualifying Native American homebuyers in rural Minnesota, usable for all or part of the down payment or closing costs. It is a 0% second-mortgage with no monthly payments, repaid when the home is sold or at first-mortgage maturity. Intended for use with a first mortgage from WEII or its affiliates (MMCDC or Community Development Bank); a homebuyer education certificate is required. Up to $5,000 toward down payment/closing costs. 0% interest. No monthly payments. Targeted to Native American homebuyers. Repaid only at sale or first-mortgage maturity. Funding comes from White Earth Investment Initiative (Native CDFI).

White Earth Investment Initiative Down-Payment Assistance Loan offers up to $5,000 in assistance. The program can be combined with WEII / MMCDC / Community Development Bank first mortgage. Amounts are the program's published maximums, not an offer — White Earth Investment Initiative (WEII) determines any individual award.

White Earth Investment Initiative Down-Payment Assistance Loan is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off. Repayment is triggered by Repaid when the home is sold or at the maturity of the first mortgage. The assistance is recorded in second position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

White Earth Investment Initiative Down-Payment Assistance Loan is open to homebuyers who will live in the home as their primary residence. A homebuyer education course is required, through Homebuyer education certificate required via WEII online or in-person class prior to closing. Residency requirement: Home must be in rural Minnesota; borrower must be a qualifying Native American homebuyer. Only for qualifying Native American homebuyers purchasing a primary residence in rural Minnesota. Income limits, FTHB status, and credit requirements not published on the program page (left blank to avoid guessing). Verified active on WEII official site as of June 2026.

White Earth Investment Initiative Down-Payment Assistance Loan sets its income limit as follows: Not published on program page (unconfirmed). Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

White Earth Investment Initiative Down-Payment Assistance Loan can be used for Single Family.

White Earth Investment Initiative Down-Payment Assistance Loan names American Indian and Alaska Native homebuyers among the groups it serves. Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

White Earth Investment Initiative Down-Payment Assistance Loan serves homebuyers purchasing anywhere in Minnesota.

Applications for White Earth Investment Initiative Down-Payment Assistance Loan go through White Earth Investment Initiative (WEII), which publishes the current terms and the application steps on its own site. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.