City of Minneapolis · Deferred 0% loan

Minneapolis HOM

$20,000

$10,000-$20,000 zero-interest deferred loan based on income. For Minneapolis buyers.

Minneapolis DPA provides up to $20,000 for buyers purchasing within city limits. The program can be stacked with Minnesota Housing's state-level DPA for combined assistance. Minneapolis's many duplex and multi-family neighborhoods make this ideal for house-hackers.

Amount$20,000
TypeDeferred 0% loan
Available inMinnesota
First-time buyer requiredYes
Minimum credit score640
Multi-unit eligibleSingle-family only

Programs that pair with this

FHA Loan Saves ~$33,000 on a $200K home vs 20% down
Federal · Subsidized loan
VA Loan $0 down + no monthly mortgage insurance
Federal · Federal benefit
NACA Program $0 down + $0 closing + $0 PMI + below-market rate
National · Nonprofit program
MN Housing Start Up $18,000
Minnesota · Deferred 0% loan
MN Housing Step Up $14,000
Minnesota · Deferred loan
MN First-Generation DPA Fund $32,000
Minnesota · Forgivable loan
All Minnesota programs →

Get your free stacking strategy

We'll show you how to combine Minneapolis HOM with other programs to maximize your free money — personalized to your ZIP code and income.

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