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Brooklyn Park Home Buyer Resources |
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Thinking about
Buying a House?
Now is the time to buy!
Minnesota Housing provides the opportunity for eligible homebuyers who qualify for a Minnesota Housing CASA loan to receive an interest-free, deferred loan to help with down payment and closing costs. Assistance is available through the Homeownership Assistance Fund (HAF) for up to $5,000 or the HOME Homeowner Entry Loan Program (HOME HELP) for up to $7,000.
Am I eligible for a CASA loan?
If you:
- Are a first time homebuyer;
- Have federal income tax return copies for the last 3 years,
- Have acceptable credit;
- Have an income at or below prescribed Minnesota Housing Income limits and want to buy a qualifying home;
- Are purchasing a home within the geographic service area of a CASA Community initiative;
You may be eligible.
How do I get started?
Getting started is easier than you think. If you haven’t already done so, sign up for Home Stretch First Time Homebuyer Workshop through CAPSH at 952-933-9639 ext. 281. The workshop will help you understand the entire home buying process, including: financing options, overcoming barriers to homeownership, assistance for low-mod income buyers, affordability, and help identify the home that is right for you. The class is mandatory if you will be a using Minnesota Housing Loan Program.
Do I qualify?
First time homebuyers interested in down payment and closing costs assistance should contact a Minnesota Housing participating lender prior to signing a purchase agreement. Participating lenders can determine the level of eligibility.
To see if you qualify, please contact one of the Minnesota Housing approved lender partners listed below:
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Bell Mortgage
Eric Bloomstrand 612.277.3009
Nancy Hostetler 612.374.9911
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Bremer Bank
Vickie Reardon 651.259.2510
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Clearwater Mortgage
Brian Nelson 952.428.6749
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Lake Area Mortgage
Eric Otterness 651.209.2912
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M&I Bank
Sandy Surrette-Lynne
763.488.5965
(CASA Haf at this time)
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MidCountry Mortgage
Kim Quayson 651.789.3792
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River City Mortgage
Hudson Murphy 651.259.4108
Chris Larson 651.406.5000
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U.S. Bank Home Mortgage
Jeff Gessell 612.378.7115
Barbara Graham 763.536.5304
Aaron Nelson 612.616.2077
Jeff Zopf 651.746.8317
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Wells Fargo Home Mortgage
Lynn Bohm 763.424.1540
Soye Chalte 612.501.6435
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The following income limits apply to the Community Activity Set-Aside (CASA) Program:
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Household Size
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11-County Twin Cities Metro Area*
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Rochester MSA***
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Balance of State
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1-4 Persons
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$67,200
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$62,100
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$58,500
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5 Person
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$72,600
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$67,100
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$63,200
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6 Person
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$78,000
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$72,100
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$67,900
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7 Person
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$83,400
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$77,100
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$72,600
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8 Person
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$88,800
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$82,000
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$77,300
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9 Person
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$94,100
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$87,000
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$81,900
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10 Person**
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$99,500
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$92,000
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$86,600
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Contact Us:
Mailing Address:
Community Development
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