Minnesota Housing Finance Agency Start Up program providing deferred down payment and closing cost assistance to first-time homebuyers statewide. The Deferred Payment Loan Plus (DPL+) offers up to $17,000 for borrowers at or below 80% AMI; standard Deferred Payment Loan offers up to $12,500. No monthly payments; repaid when home is sold, refinanced, or no longer primary residence.
Short reads on how it works, in plain language. Free, no sign-up needed to read.
Free course from Hey Prescott
A short, free course on Minnesota Housing Start Up: what it is, who it is for, when it is repaid, where it applies and how to apply. Based on program data from June 2026. About ten minutes.
5 modules · About 10 minutes
Program details are sourced from public agency data and may change. Confirm eligibility with a Hey Prescott loan officer before applying.