 Fix Up Rate Changes April 1
The next monthly rate review and adjustment takes place on Monday, April 1. It is essential that lenders lock loans in their pipeline to get the current rate.
Reminder: Register Today for In-person Training!
Do you want to boost your knowledge of Minnesota Housing’s Fix Up home improvement loan program? Or do you want to learn how Fix Up can help you serve more clients? Minnesota Housing is hitting the road this spring to bring you in-person Fix Up trainings.
These trainings are designed both for new Fix Up lenders and experienced lenders wanting a refresher, as well as curious lenders who don’t yet offer Fix Up. We'll cover key features of the program, borrower and property eligibility, and the breadth of permanent home improvements eligible for Fix Up financing.
Duluth - Thursday, April 4
1 p.m. - 2:30 p.m.
Duluth Public Library, Gold Room
520 W. Superior St.
Duluth, MN 55802
Register Today!
Willmar - Thursday, April 25
10:30 a.m. - 12 p.m.
Willmar Public Library
410 5th St. SW
Willmar, MN 56201
Register Today!
Bemidji - Wednesday, May 15
1 p.m. - 2:30 p.m.
Beltrami Electric, Community Room
4111 Technology Drive NW
Bemidji, MN 56601
Register Today!
These trainings are in-person only and will not be offered online.
Please contact Kirsten Partenheimer or Shannon Gerving with questions.
Beware of Scams
Springtime. A season of sprouting, sunshine and...scams?
After their Minnesota Housing program loan has closed and recorded, some borrowers have reported receiving mail from a “government official” offering a better deal on a new loan or a call from someone claiming to be an underwriter with Minnesota Housing offering new loan terms.
Beware - these mailing and calls are scams. Scam artists are watching public filings in county records departments and contacting folks with newly closed Minnesota Housing program loans. Lenders should warn borrowers about these scams, which seem designed to confuse borrowers into a refinance or into taking out a new loan not associated in any way with a Minnesota Housing program.
Minnesota Housing does not enforce consumer protection laws but other state entities do. Borrowers who receive these types of mailings or calls should report them to the investigators at the Minnesota Department of Commerce or the Minnesota Attorney General’s Office.
Minnesota Department of Commerce
800.657.3602
File a Complaint / Minnesota Department of Commerce - Consumer (mn.gov)
Minnesota Attorney General
800.657.3787
File a Complaint (state.mn.us)
Series Sign-up: Quarterly Check-in Calls
Join us for quarterly check-in calls where we focus on answering questions about Fix Up and reviewing pertinent program topics.
Please email Kirsten Partenheimer with any topics or questions for the next check-in.
Register for the 2024 check-ins.
When you register, you will be signed up for all sessions in the series but can attend the sessions that work for you. Calls occur quarterly on the third Wednesday of the month at 9 a.m. CST. Calls generally last 10-30 minutes depending on topics and conversation.
2024 Schedule:
- Wednesday, April 17
- Wednesday, July 17
- Wednesday, October 16
Questions?
Contact the Partner Solutions Team at 651.296.8215 or 800.710.8871 between 8 a.m. and 5 p.m. on business days.
About Minnesota Housing
Minnesota Housing, the state’s housing finance agency, works to provide access to safe, stable and accessible housing Minnesotans can afford in a community of their choice. In 2023, the Agency distributed $1.85 billion in resources and served 69,500 households. Visit our website to learn more.
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