down payment assistance programs in MN WI SD
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Down Payment Assistance Programs in MN, FL, CO, WI, IA, ND, SD

Seaching for down payment assistance?

When it comes to buying a home, the number one problem for most first time home buyer is coming up with the down payment. There are a number of different options, including;

No down payment program, like VA loans, and USDA rural housing loans
State programs, like Minnesota Housing Finance Agency, and WHEDA in Wisconsin
City and County programs
Local neighborhood programs
HIP programs - Home Buyer Incentive programs

Let us determine your best assistance program options.

Face it, there are a lot of different down payment assistance programs to choose from. While assitance program suggestions from your Realtor, friends, neighbors, and parents are appeciated, unless they are a seasoned mortgage expert who has reviewed a complete application, you may be missing out on down payment assistance programs available to you.

It all start with a full loan application. By completing an application, you are not committing, or obligating yourself to anything. Rather, you are just giving us the information needed to give you accurate answers. You still need to authorize us to move forward on any actual loan, and of course you'll need to have found that perfect dream home too!

(651) 552-3681

Additions rules when getting down payment assistance

Whenever you get down payment assistance, there are additional rules added on top of your basic loan guidelines. There include;

Property location requirements
Credit score requirements
Personal, and household income limits
Maximum purchase price limits
Maximum debt-to-income limits

Is this free money?

Most down payment assistance programs are not free money. The vast majority are 2nd mortgage loans against the property that require you to pay them back. There are a few that may be a reduced payback, or even truely free if you live in the home for a certain amount of time. We'll look at all your options at the time of application.

Cambria Mortgage - St Paul Office
33 Wentworth Ave E, Suite 290
St Paul, MN 55118
Office (651) 552-3681
Fax (651) 994-6425
E-Mail: joe.metzler@cambriamortgage.com

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License Information
Cambria Mortgage. Nationwide Mortgage Licensing System and Registry (NMLS) # 322798 Saint Paul Branch - NMLS # 387944. Joe Metzler, Licensed Mortgage Loan Originator NMLS #274132. Licensed in MN, WI, IA, ND, SD, CO, FL.

NOTE: We offer USDA, VA and FHA Loans. While we are an approved lender, we are not part of HUD, FHA, The United States Government, or the Department of Veteran Affairs. We are not acting on behalf of, or under the direction of HUD/FHA or the Federal Government. FHA and VA do not lend directly to the public, only through approved lending institutions like Cambria Mortgage.