Minnesota National Bank is a proud partner of the State of Minnesota’s 1^st Time Homebuyer program.  With our partnership with the Minnesota Housing Finance Agency (MHFA), we are able to offer 30 year fixed rate loans to people who qualify as a 1^st Time Homebuyer.  These rates are typically lower than regular conventional loans through a mortgage company which help keep your payments lower and increase your buying power.  Also, the closing costs can be significantly less.

To qualify you must:

·          Have not owned a home in the last 3 years

·          Earn less than the income limit for your area (SEE LIMITS)

·          Purchase a home for less than the limit for your area (SEE LIMITS)

You may also qualify for up to $3,000 in closing cost assistance.  This can dramatically help you buy a home now!  Income limits and restrictions apply for this assistance.  (LEARN MORE)

MINNESOTA NATIONAL BANK IS YOUR PARTNER TO BUYING YOUR FIRST HOME!