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Joe Scherer's Blog

By Joseph Scherer | Agent in Dakota County, MN

Buying your first Home in MN

Benefits To Buying for the First Time Buyer

With all of the great benefits available to the MN first time home buyer today, this list of benefits is long. The State of Minnesota now offers special loan programs through its Minnesota Housing Finance Agency to offer reduced interest rates as well as down payment assistance. Additionally many communities today offer additional down payment assistance loans or grants that both reduce what you need for cash to close as well as reducing your monthly payment.

Get Preapproved for Mortgage Financing

The first step in the home buying process is to get preapproved for mortgage financing. This simply means that you talk with a local lender who will review your credit, income, etc. In doing so they can tell you what types of Minnesota first time buyer programs you might be qualified for. This first step can usually be done right over the telephone and most lenders will arrange to talk with you when you're off work, even in the evenings or weekends.

Are you planning on buying a home in the Twin Cities soon? If you have not already done so, you should get preapproved for a mortgage early in the process. Once you have done this we can focus our searches on homes that you can reasonably afford. I work with all types of home buyers throughout the Twin Cities area and would I would like the opportunity to talk with you. Please call or email me and we can get started.

Joe Scherer
Sales Executive, Licensed Realtor in Minnesota 
Century 21 Premier Group 
Cell 612-991-6365 
1660 S. Highway 100, Suite #578
Parkdale Plaza
St. Louis Park, MN  55416
With a focus on Twin Cities real estate and surrounding communities.

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