Mortgage Loan Programs Manuals, Forms, and Resources
The documents, forms and resources should be used by Minnesota Housing participating lenders to originate and process the following loan programs. The documents can also be created through the Loan Commitment System.
Minnesota Housing permits borrowers with a Homeownership Assistance Fund (HAF), Deferred Payment Loan (DPL) or Monthly Payment Loan (MPL) to subordinate only to a Step Up refinance loan. HOME HELP and ECHO borrowers may subordinate to a Step Up refinance loan or other mortgage product by requesting approval from AmeriNational. Borrowers interested in refinancing with the Step Up program have the following options depending on household income.
Borrowers purchasing a Minnesota Housing-owned property are ineligible for Minnesota Housing downpayment assistance and/or closing cost loans or other secondary financing due to federal regulations prohibiting seller secondary financing.