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Shoreview First-time Homeowners Down Payment Assistance (Amortizing)

Up to $30,000 toward a down payment in MN.

Location
MN
Type
Second mortgage
Max assistance
$30,000
Income limit
$197,850
First-time buyer
Required
Property types
Single family, Townhouse, Condo

Shoreview First-Time Homeowners Down Payment Assistance (Amortizing) is the moderate-income variant of the City of Shoreview's NWHP-administered DPA. Provides up to $30,000 as a low-interest amortizing second-mortgage loan with monthly payments for buyers at incomes between 80% and 120% AMI purchasing in Shoreview. Funded by City of Shoreview HRA affordable housing funds. Pairs with first-mortgage lenders.

Learn this program

Short reads on how it works, in plain language. Free, no sign-up needed to read.

Free course from Hey Prescott

Shoreview First-time Homeowners Down Payment Assistance (Amortizing), explained

A short, free course on Shoreview First-time Homeowners Down Payment Assistance (Amortizing): what it is, who it is for, when it is repaid, where it applies and how to apply. Based on program data from July 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.