Down Payment Assistance requires that you meet the following Criteria:

 

  1.  640 or higher credit score from all borrowers.
  2. A steady source of income that allows you to afford the home that you want to buy.
  3. Monthly debt including the new house payment that is under 50% of your gross income.

 

The information you provided indicates there are programs that can used to buy a home using down payment assistance.

Please click on the link below and fill out the real application.  It is the last step of the online pre approval process.

It should take you less than 10 minutes.  Once you are done, a licensed loan officer that specializes in down payment assistance will process your application and work to pre-approve you for both down payment assistance and the 30 year fixed mortgage to buy a home.

 

If you have questions, you can call 612-437-0000 and talk to a down payment assistance specialist before you fill out the application.