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First Time Home Buyer Classes
Purchasing a home for the first time is truly one of life’s milestones. Homeownership is a worthy goal, and thanks to a variety of available financing options, it is a goal that is now in reach for more people. Today’s low mortgage rates make this a historically attractive time to buy, and new first time homebuyer loan programs in Minnesota and Wisconsin have helped to make the home loan application process simpler than ever before. Like any important goal in life, homeownership is a substantial responsibility, and there are a number of critical steps necessary to make the dream of buying that first home a reality.
It all starts with understanding the
Ownership vs Rent benefits. While everyone’s individual financial situation varies, you need to make sure financing is in place BEFORE you start looking at homes or talking to Real Estate Agents. This is where we come in.
We will hold your hand from A to Z. The prospect of home ownership is clearly rewarding; however, the process of applying for a home loan and selecting a property can seem daunting – especially for first-time buyers. It really isn't. We assist consumers in understanding and navigating the details of home loan application, and answering ALL of your questions. It all starts with Applying For Your Loan with our FREE NO OBLGATION one hour decision system!
Once you have applied, we will walk you through all your options, and make sure you know What To Expect, although the actual approval process is fairly straight forward. (Learn More)
We offer many of the 1st time home buyer loan program available in MN and WI. We also work with just about all the grant, assistance, and other programs down payment assistance programs available from city, state, county, and federal government programs for first time homebuyers.
When we are done, we will issure you a "pre-approval" letter, and put you in contact with a qualified, real estate professional who will help you find, negotiate, and close on your dream home. Many people go from renter to owner in as little as 45 days!

Finding the right home starts with a great search tool


Buying a home is something we all dream about, usually for years. You may not have been able to save for a down payment, and therefore figured you could not buy a home. In today's mortgage market, a down payment is usualy required. But an FHA loan is just 3.50% down, and you can use your own money, get it as a gift, or use a city, county, state, or other assistance program for the down payment.
True zero down payment home loans are also avaialble with VA loans, or USDA Rural Development loans, both of which we offer!

Stop renting. Start building your financial future, and get all your home owner tax benefits! We can show you how you'll be able to afford a home sooner, and you'll probably be able to afford more home than you think! Throw in the combination of an adjustable loan with an interest only option --- we can really drive your payment down to a comfortable level!

You'll never know if you don't apply right now! Let us help you explore all your mortgage options. We look forward to helping you!

We specialize in helping first-time homebuyers of all kinds, so stop waiting and start applying. In about 10 minutes over the phone, we can tell you if you qualify. This service is absolutely FREE and takes just minutes. You have nothing to lose - except the chance to own your own dream home! So call now, because the call could be your first step in becoming a homeowner.

THE BOTTOM LINE: It isn't as scary as you think. If you want to buy a home, we probably have a program that will work for you. There are no costs or obligations, plus we'll give you a FREE credit report. You'll never know if you don't call, so call right now!

Ready? Click here to Get Started or fill out the mini application below and we will contact you!

Small list of some of the available Minnesota first time home buyer programs. This list is NOT all inclusive. Please contact the number listed for more information, then APPLY ONLINE to get started. As first time home buyer programs constantly come and go, please let us know if any program listed here is no longer available, or of any program you know about that should be added to this list.

  1. Alexandria City Homestead Assistance Program (CHAP) (320) 762-1311
  2. Alexandria Greater Minnesota Housing Fund The Trails Development Gap Financing Program (GAP) (651) 221-1997
  3. Alexandria HRA Down Payment Assistance Program (DPAP) (320) 762-1311
  4. Alexandria MHFA Gap Financing Program (GAP) (320) 762-1311
  5. Austin/Mower County Homeownership Fund Program (507) 864-7741
  6. Chaska Clover Ridge Owner Occupied Assistance Program (OOAP) (952) 448-2851
  7. City Living program - Homes In Minneapolis or St Paul City Limits
  8. Dakota County CDA - Multiple programs (651) 675-4400
  9. Duluth Neighborhood Housing Services "Homeownership Program with Employers" in Lincoln Park Grant (HOPE) (218) 727-8604
  10. Duluth Neighborhood Housing Services of Duluth Homeownership Incentive Program (HIP) (218) 628-1057
  11. Duluth NHS/Hillside Homeownership Incentive Program (HIPP) (218) 628-1057
  12. East Grand Forks Downpayment Assistance Program (218) 773-2371
  13. East Grand Forks New Construction Incentive (NCI) Program (218) 773-2371
  14. Elliot Park Neighborhood Improvement, Inc. Homebuyers Assistance Program (612) 335-5885
  15. Hutchinson Housing & Redevelopment Authority Down Payment Assistance Program (DPA) (320) 234-4451
  16. Itasca County/Koochiching County KOOTASCA Community Action's Homebuyer Program (HBP) (218) 326-8539
  17. Mankato Homeownership Program (HOP) (507) 387-8622
  18. Mankato Revolving Loan Fund (RLF) (507) 387-8622
  19. Minneapolis Equity Participation Loan Program (EPL) (612) 673-5289
  20. Minneapolis Folwell Neighborhood Association First Time Home Assistance Program (FTHP) (612) 588-3033
  21. Minneapolis Hawthorne Homestead Program (HHIP) (612) 339-0601
  22. Minneapolis/MCDA Closing Cost Loan Program (CCL) (612) 673-5289
  23. Multi Cities Tri-County Actions Programs, Inc. Homeowner Gap Financing Program (GAP) (320) 255-0705
  24. Multi Counties Arrowhead Economic Opportunity Agency Inc Homeownership Opportunity Program (HOP) (800) 662-5711
  25. Multi Counties Headwaters Housing Development Corporation Two Note Program (TNP) (218) 444-4732
  26. Northfield Housing Assistance Program (NHAP) (507) 645-8833
  27. Pennington County Affordable Housing Program (AHP) Community Revitalization Fund Program (CRF) (218) 637-2431
  28. Pennington County Affordable Housing Program (AHP) Loan Pool Funds (LPF) (218) 637-2431
  29. Pohlad Family Foundation - Minneapolis zip code 55411 and St. Paul zip code 55106. (651) 774-6995
  30. Ramsey County First Time Home Buyer Grants Program (FBAP) (651) 266-8025
  31. Red Lake County Affordable Housing Fund (AHF) Affordable Housing Loan Pool Fund (LPF) (218) 637-2431
  32. Red Lake County Affordable Housing Fund (AHF) Community Revitalization Fund (CRF) (218) 637-2431
  33. Rochester First Homes GAP Loan Program (GAP) (507) 281-7396
  34. St Paul Community Neighborhood Housing Services, Down Payment Assistance Program (DPAP) (651) 292-8710
  35. Thief River Falls Slow Second Mortgage Program (SSMP) (218) 681-2500
  36. USDA Rural Development Loans - Available in Rural Areas - Zero Down Payment
  37. Washington County First Time Home Buyer Grants Program (FBAP) (651) 266-8025

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Mortgages Unlimited Minnesota
33 Wentworth Ave E, St Paul, MN 55118
(651) 552-3681

Member, Minnesota Mortgage Association

Search for homes for sale - for free

Mortgages Unlimited, Inc. NMLS # 225504. Joe Metzler NMLS # 274132