Down Payment and Closing Cost Assistance that pairs with NeighborWorks Mortgages.

New homeowners pose in front of their homes holding "sold" signs.

NeighborWorks Down Payment and Closing Cost Assistance Loan

COMING SOON: NeighborWorks Down Payment provides up to $15,000 in down payment and closing cost assistance for homes anywhere in the Twin Cities 11-County Metropolitian Area. This assistance is available to first-time and repeat homebuyers who are purchasing a home using NeighborWorks first mortgage products.

Who Qualifies?

  • Borrowers with incomes up to 140% of the Area Median Income.
  • Homes must be owner-occupied and located within the 11-County Metropolitan Area (Anoka, Carver, Chisago, Dakota, Hennepin, Isanti, Ramsey, Scott, Sherburne, Washington, and Wright Counties)
  • Single family, Condominium, Duplex, Triplex, and 4-Plex properties may qualify.
  • Must be paired with NeighborWorks First Mortgage products.
  • Assistance is structured as a low-interest loan with monthly payments.

Other underwriting criteria may apply.

Can this DPA be be combined with other programs?

NeighborWorks DPA allows layering with other down payment programs (contingent upon the other program terms) to build a larger down payment.

 

 

 


NMLS# 363923 View our NMLS Consumer Access profile.

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NeighborWorks Home Partners

NeighborWorks Home Partners’ mission is empowering individuals and communities by helping people buy, fix and keep their homes. Learn more.

651-292-8710 | Staff Directory
Main Office:
533 Dale Street N.
Saint Paul, MN 55103

Minneapolis Office:
1930 Glenwood Avenue
Minneapolis, MN 55405
hello@nwhomepartners.org

EIN 41-1386089

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