First Time Home Buyer Classes Registration. Learn More about our Minnesota First Time Home Buyer Classes and Programs

There is no better way to learn about being a First Time Home Buyer in Minnesota than to attend one of our educational seminars.  

What do we all wish we had more of? Time. Because it's so valuable, you only need to spend just 90 minutes with us, NO PRESSURE, NO OBLIGATION. No software, books, or anything else to buy. I promise it will be 90 of the best minutes you will ever spend because of the information I will teach you about making good decisions in your future home buying experiences. There will be NO pressure, just great information about the qualifying process, improving your credit score, and much more.

Refreshments will start 30 minutes prior to the seminar. The seminar lasts about 90 minutes and is followed by a 30 minute Q&A. Credit report inquiry and Mortgage applications will be available for attendee's to fill out at the event or a phone appointment can be arranged for later. The application process is always absolutely free of charge and with No pressure and NO obligation.

Seating Limited. Seminar are held on an ongoing basis. Location changes depending on class size. All classes held in the Minneapolis St. Paul metro area. You will be notified of date, time, and location by phone or mail, or E-mail.

Learn More about our Minnesota First Time Home Buyer Classes and Programs

What is a First Time Buyer Loan? Apply Online
Many people dream of owning a home but the home loan process can be confusing for many first time home buyers. First time home buyer programs can offer lower interest rates, low down payments, or reduced taxes. First time buyers typically means you have NOT owned a home in the past three years.
FHA and VA Loans for First Time Buyers Apply Online
First time homebuyers often experience the most difficulty amounting a significant down payment and everyone should have the opportunity to buy a home. For this reason the Federal government has developed two loan programs to assist homebuyers that have a little or no down payment. These programs are called the Federal Housing Administration (FHA) and the Veteran's Administration (VA). These programs are not solely intended for first time home buyers; your home loan advisor will be able to determine if you qualify and if so which program is acceptable for your needs. FHA and VA loans can be especially advantageous when combined with a HFA or MCC first time homebuyer program.
Who is Eligible for a First Time Buyer Loan? Apply Online 
First time home buyer programs are designed to help borrowers who may not have enough money to pay the full cost of the down payment or the closing costs on a mortgage. These programs make obtaining a mortgage more cost effective. There are even programs specifically for residents of each state. First time home buyer programs are available to those who have not owned a home for the past three years.
Community Home Buyer Programs Apply Online
Community homebuyer programs reduce the down payment the borrower must pay to 3%, which must be the borrower's own funds. The closing costs can be gift funds, a grant, or seller assistance up to 3% of sale price. This type of home loan requires the home buyer to take a class on home ownership in their state. Upon completion of the class, the homebuyer will receive a certificate that reduces the cash requirement and expands the qualification ratios. Community homebuyer programs have been making it possible for many people to have the opportunity to buy a home.
What is Escrow? Apply Online 
Escrow is a deposit of funds, a deed or other instrument by one party for the delivery to another party upon completion of an event. In simpler terms, escrow is where the transaction changes hands and prevents the seller from not receiving the money from the sale and prevents the buyer from not receiving the home that was purchased. Escrow is important to both buyers and sellers during the mortgage process.
Mortgage Credit Certificates Apply Online 
A Mortgage Credit Certificate or MCC is a certificate awarded by your local government agency authorizing the home loan borrower to take certain federal income tax credits. The credits awarded help to free up funds and make the monthly home loan payments more affordable for the homeowner. First time home buyers are typically the candidates eligible for an MCC but in special cases that you may discuss with your home loan advisor this requirement may be waived. Income and purchase price requirements also vary state to state and should be covered in conversations with your home loan representative.
First Time Buyers Programs Apply Online 
At Mortgages Unlimited, our company offers a wide variety of first time buyer programs to Minnesota and Wisconsin first time buyers. First time buyer programs can make securing a Minneapolis St Paul and surrounding area home loan easier and more affordable. Contact The Joe Metzler Team at your premier Minnesota mortgage lender, Mortgages Unlimited to begin your first time buyer loan.

List of Minnesota First Time Home Buyer programs

Mortgages Unlimited Minnesota
33 Wentworth Ave E, St Paul, MN 55118
(651) 552-3681

Member, Minnesota Mortgage Association

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Mortgages Unlimited, Inc. NMLS # 225504. Joe Metzler NMLS # 274132