Need more money for a down payment?

J0441459 Is lack of enough money for a down payment holding you back from buying a home? It is possible to buy even if you don't have a big down payment. Most people don't realize that federal, state and local governments provide hundreds of millions of dollars to help homebuyers.

DOWN PAYMENT RESOURCE is an online service offered through our Twin Cities regional MLS system that helps you tap into those funds by identifying down payment assistance programs that may be available for a specific property… then helping you determine if you are eligible for the programs.

Down Payment Resource When your REALTOR emails property listings to you, the DPR symbol is displayed next to properties which may be eligible for down payment assistance. Clicking on the symbol will display programs for which you could be potentially eligible if you were to purchase that home.

To find out if you qualify for the assistance programs, here is some of the information required…

  • Property location
  • Foreclosure?
  • Sales price
  • Household size
  • Annual gross household income
  • Buyer ownership history
  • Incentives for occupations: educator, protector, fireman, healthcare worker, veteran
  • Disability?
  • Army or Air National Guard?
  • Surviving military spouse?
  • Energy efficient or handicap visitable home?

Down Payment ResourceThis tool isn't an application or approval for any programs, but it can help by letting you know of down payment assistance programs that are available, and those for which you may qualify based on the information you provide about yourself.

Sharlene Hensrud, RE/MAX Results – EmailFirst-Time Homebuyer Realtor

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I love what I do! Highly insightful, analytical and creative, there is nothing I love more than helping you find the right solution for your real estate transition. My mission is to serve my clients with honesty and integrity, exceeding their expectations in service and support… and to help others by donating a portion of every transaction to Habitat for Humanity.

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Down Payment Assistance Resource

🖨 Print Article Did you know there are millions of dollars available for down payment assistance for first-time homebuyers through government funded programs? The problem is often finding the right programs to...

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