First Time Home Buyer

Anoka County partners with Minnesota Housing, the state's housing finance agency, to offer affordable loan programs including one for first-time homebuyers and one for current homeowners.

Download a "Homeownership is Possible (PDF)" brochure.

* Mortgages are issued from lenders approved by Minnesota Housing: only use approved lenders.
* Mortgages issued to qualified buyers are fixed-rate low interest loans.
* Down payment and/or closing cost assistance loans up to $15,000 may also be available.
- Download a "Down Payment and Closing Cost Loans (PDF)" brochure.
* Anoka County does not have a Down Payment program of its own.

2019 Mortgage Programs


- first time homebuyers who have never owned a home or haven't owned one in 3 years.


- current homeowners wanting to purchase a different home or refinance their current mortgage.

 Minimum eligibility requirements

  • Meet minimum credit scores set by program.
  • Meet income limits*, the combined household income can't exceed:
    - $94,300 (1-2 people) - $108,400 (3+ people)
  • Meet purchase price limits*:
    - Homes purchased in Anoka County can't exceed $328,200.

Interest rates, limits and lenders are subject to change. Visit Minnesota Housing website for current information.

Download a "Ready to Buy a Home (PDF)" brochure.

Mortgage applicants may be required to complete a homebuyer education class from a HUD-certified counseling agency. Here are two options:

For More Information

Information as of 1-23-2019