MN Deferred Payment Loan Plus
MN Deferred Payment Loan Plus is a deferred 2nd 0% int from Minnesota Housing. Available statewide in Minnesota. Up to $18,000 toward a home purchase. Income limit: Per first.
Up to $18,000
Listed as open as of May 2026
Available statewide in Minnesota.
| Income limit | Per first |
|---|---|
| Minimum credit score | 620 |
| Maximum DTI | 43% |
| Homebuyer education | Required (HFA-approved (Framework, eHome, NeighborWorks, etc.)) |
| Occupations | Statewide MN |
| Property types | SFR |
| Occupancy | Owner-occupied primary |
| Eligible loan products | FHA/VA/USDA/Conv |
| Sales price cap | Per first |
| Repayment | 0% deferred |
| Stacking | Enhanced limit; layers Start/Step |
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Provider: Minnesota Housing · program details at the provider’s site.
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More Minnesota programs
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First mortgage + DPA layered · Amount varies by program
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Amortizing 2nd 10-yr · Up to $18,000
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below_market_rate · Amount varies by program
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second_loan · Up to $14,000
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