River walks, fine dining and concerts in the capital city. And that’s just the beginning. From condos and lofts in downtown to charming homes in historic residential neighborhoods, Saint Paul has much in the way of housing options that allow you to enjoy all the city has to offer. With CityLiving’s loan programs, the reality of Saint Paul living is not far away.

As a borrower, you can choose from two interest rates; one rate comes with a Down Payment Assistance Grant (DPA) of either 2% or 4% of the mortgage amount; the other rate is without the grant (Non-DPA). This program is made available by the cities of Saint Paul and Minneapolis.

• You must live in the home.
• Property must be one to four units in Saint Paul or Minneapolis city limits.
• Most lenders provide pre-qualifications that include a credit report, for little or no fee.
• Income and purchase price limits apply.
• Home Buyer counseling is required.

• You can refinance your mortgage or contract for deed and make major repairs and improvements if the property is at least 20 years old.
• Minimum rehab requirements apply.
• All work must be completed by a licensed contractor.

Homebuyer Education Workshops
Homebuyer Education Workshops are offered at a low cost through the Home Ownership Center. The workshops provide first-time homebuyers comprehensive information to prepare them for home ownership. The workshops are offered in English, Spanish, Hmong and Cambodian. Bilingual counselors or interpreters are also available for other languages.

Minnesota Home Ownership Center
651-659-9336
hocmn.org