Minnesota Housing Entry Cost Homeownership Assistance

Minnesota Housing Finance Agency

Available Down Payment

About This Program

Minnesota Housing Entry Cost Homeownership Assistance is available in Red Wing, MN.

Down payment and closing cost assistance for first-time homebuyers with income at or below 80% AMI. Must be used with Minnesota Housing first mortgage program. Deferred loan forgiven after 10 years.

Deferred loan for down payment and closing costs; forgiven after 10 years

Official source site checked live on 2026-06-22.

Data last verified 2026-06-09. How we verify our data.

In Red Wing, MN, you can combine this program with other local help to cut your cost:

Key Details

  • Up to $7,500 for down payment and closing costs
  • For first-time homebuyers at or below 80% AMI
  • Must use Minnesota Housing first mortgage
  • Deferred loan forgiven after 10 years
  • Available through participating lenders

How to Apply

A grant-savvy contractor in Red Wing, MN can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing through participating lenders

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can Minnesota Housing Entry Cost Homeownership Assistance provide in Red Wing, MN?

Up to $7,500 down payment grant.

Who qualifies for Minnesota Housing Entry Cost Homeownership Assistance in Red Wing?

Minnesota Housing Entry Cost Homeownership Assistance is available in Red Wing, MN. It prioritizes low-income households.

How do I apply for Minnesota Housing Entry Cost Homeownership Assistance in Red Wing, MN?

Apply directly with Minnesota Housing Finance Agency using the official program link on this page or call (800) 710-8871. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Red Wing, MN

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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