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First-Generation Homebuyer Loan Program is Closed
The Minnesota Housing First-Generation Homebuyer Loan funds have been exhausted and the program is now closed. We are unable to accept any more First-Generation Homebuyer Loan Commitment Request forms. If you’d like to explore additional DPA resources that may be available for your clients, check out our other Homeownership Programs on our website and the Minnesota Homeownership Center website. There are several first-generation homebuyer programs still available, such as the First-Generation Homebuyers Community Down Payment Assistance Fund.
Minnesota Housing would like to thank all our partners for participating in the Minnesota Housing’s First-Generation Homebuyer Loan Program and contributing to its success!
Upcoming Holiday Closures
Minnesota Housing will be closed on Wednesday, December 25 and Wednesday, January 1 for Christmas and New Year's Day. Lenders will be unable to lock new loans between 5 p.m. on the Tuesday before the office closure and 10 a.m. on the Thursday after each holiday.
2024 Top Producing Loan Officer Eligibility Deadline – December 31
The Top Producing Loan Officer Program for Single Family Homeownership Loans recognizes individual participating lender loan officers annually for closing the highest number of Minnesota Housing loans.
To be considered a Top Producer, loan officers must close a minimum of two loans during the calendar year, with the True and Certify process completed. If you’ve switched companies during the year, you’ll receive credit for all loans originated as a loan officer with a Minnesota Housing participating lender, as long as you are correctly set up with your new company in the commitment system during the recognition period.
Minnesota Housing will announce the Top Producers during the first quarter of 2025 and will post results on our website in the Lender Directory.
Learn more about the Minnesota Housing Top Producing Loan Officer Program for Single Family Homeownership Loans or contact your Business Development Representative for additional information.
The Minnesota Housing Top Producing Loan Officer Program recognizes individual loan officers based solely on the number of Minnesota Housing first‐time homebuyer loans produced in one of the designated regions for the program on an annual basis. Designations are not intended as a formal referral or preference for individual loan officers and no financial or other measurable benefit is intended to be granted to loan officers on a preferential basis.
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2025 Monthly Training Webinars
Join Minnesota Housing for our monthly webinar series. These trainings lay out the basics of Start Up, Step Up, and our three Downpayment and Closing Cost loan options. These webinars also provide tips and best practices to help you successfully originate and close Minnesota Housing loans.
Questions?
You can reach 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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