Standing in the line at Kwik Trip to pay for gasoline and soda, the woman behind me notices MN Home Loan Partners logo on my shirt. She looks at me looking totally defeated and says, “I was going to buy my first home but I didn’t get it done before the tax credit expired, so I am just going to wait.” I nearly fell over. Really????? Obviously I had failed miserably at my job because this woman knew NOTHING about the amazing down payment assistance and closing cost assistance programs available for Dakota County real estate. Hear ye! Hear ye! THERE ARE PROGRAMS AVAILABLE TO HELP FIRST TIME HOMEBUYERS PURCHASING BURNSVILLE REAL ESTATE, or real estate in Dakota County.
I told this woman (we’ll call her Elna) that she could possibly qualify for a low fixed mortgage interest rate of 4.75%, and receive up to $15,000.00 in down payment and closing cost assistance using the Dakota County Bond Program. She came into MN Home Loan Partners office in Burnsville and met with Carrie Guarrero. And… Surprise!!! By the time she put an offer on the home she wanted, before the tax credit expired (the offer from someone else had fallen through and the home was back on the market) for $8,000.00 LESS than her original declined offer, 3 months ago, qualified her for $15,000 in Dakota County Bond program assistance AND got the low fixed interest rate of 4.75%. Elna was in better shape than she would have been with the federal tax credit!
Wanna be the next Elna? Contact us by clicking here. If you are looking to buy your first home and are looking in Burnsville, Lakeville, Apple Valley or anywhere in Dakota County for real estate, you owe it to yourself to make sure you aren’t missing out!
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Isn’t it funny that people don’t even know what’s available to them in terms of assistance? This is great information and I am sure a big relief to some that thought they “missed the boat”. People can learn about these first time programs on July 15th at the Cornerstone Mortgage office to become another Elna! Knowledge is power … or as it appears, a new opportunity to be become a home-owner. Thanks Nichole!