Home Ownership

Minnesota Housing Homeownership Programs

Make your dream of homeownership a reality with help from Minnesota Housing and the City of Roseville! Whether you’re a first-time buyer, repeat buyer, or want to refinance, there’s an affordable Minnesota Housing program that’s right for you.

  • Low, fixed interest rates for the life of the loan
  • Purchase and refinance options for first-time and repeat homebuyers
  • Downpayment and closing cost loans up to $15,000 for qualified borrowers
  • Exclusive 3% down conventional products with low-cost or no mortgage insurance
  • Works with industry standard products including FHA, VA, Conventional and Rural Development
Requirements vary based on program, and all borrowers must meet minimum credit score requirements. Visit the Minnesota Housing website for current information, including:
  • Income limits
  • Home cost limits
  • Homebuyer education requirements
Contact a participating lender to get started! 


FirstHOME Buyer Assistance Program 

This is a Ramsey County program that helps first home buyers purchase homes more affordably by providing deferred loans that can be use for down payment assistance, closing costs, and occasionally, health/safety/code improvements:

  • Income and employment history qualifications apply
  • Buyers must complete an approved home buyer training
  • Buyers must also qualify for VA, FHA, or Fannie Mae conventional mortgage
  • For more information, please visit the Ramsey County Home Buyer Assistance web page.

Twin Cities Habitat for Humanity Homeownership Program


Twin Cities Habitat for Humanity provides financial coaches, homeownership advisors, and mortgage financing. Whether you’re looking to buy a home on the open real estate market or one of the homes Habitat builds and sells, Twin Cities Habitat for Humanity can help you buy a home affordably. Learn more

The program offers: 
  • Access to an affordable, fixed-interest mortgage, with no down payment and no mortgage insurance
  • Access to affordability and closing cost assistance
  • One-on-one financial coaching with a customized action plan to manage your budget, pay off debt, understand credit, and save for your home purchase
  • Homebuyer education classes prepare you for the responsibilities of homeownership
  • Post-purchase support provides maintenance advice, resources, and opportunities to connect with your community