Minnesota Housing Start Up Program

Geographic Service Area: 
Available Statewide
Program Details: 
Available for first-time homebuyers
Purchase price and income limits apply

Start Up is a first-time homebuyer loan program that helps low and moderate income Minnesotans buy a home. The Start Up Program provides affordable, low, fixed interest rates for eligible homebuyers statewide. Visit for full program details.


  •  Low, affordable interest rates
  • Access to Minnesota Housing down payment and closing cost loans
  • Monthly Payment Loan: Available to any Start Up borrower
  • Deferred Payment Loan: Income limits apply
  •  Conventional product available with no mortgage insurance—only 3% downpayment needed
  • Lower private mortgage insurance rates for conventional-insured loans—only 3% downpayment needed
  • Housing Choice Vouchers may be used
  • HA 203(k) Streamlined purchase/repair product option available

Eligibility Requirements:

You may be eligible if you:

  • Are a first-time homebuyer
  • Have an income at or below Minnesota Housing income limits
  • Purchase a home under the acquisition cost limit ($306,000 for 11-county metro area) 

Home Stretch or Framework ( required for borrowers with conventional loans or for borrowers using Minnesota Housing down payment/closing cost loans