Community Neighborhood Housing Services

Promoting community development through education and affordable housing programs.

Text Box: Max Value

Purchase & Purchase with Home Rehab
1 to 4 Unit Owner-Occupied Properties
3% and 5 % Down Payment Options
15 and 30 Year Terms
No Income Limits
Do not need to be a 1st time homebuyer 
     (Cannot own other property)

Refinance with Home Rehab
1 to 4 Unit Owner-Occupied Properties
Up to 97% Loan-to-Value
15 and 30 Year Terms
No Income Limits
Refinance Existing Mortgage and Make Improvements with One Loan                      
     (cannot consolidate other debts or get 
     cash out).
Text Box: MHFA

Community Activity Set Aside (CASA)
The Community Activity Set Aside (CASA) program offered by Community NHS provides an opportunity for affordable homeownership under targeted community initiatives.  
Must be a first-time homebuyer (or have not owned a home in the last 3 years)
HAF Assistance Available
Income Limits Apply
Home Cost Limits Apply (Purchase Price + Fees)
For more details call CNHS or visit:
http://www.mhfa.state.mn.us/homes/casa.htm 

Minnesota Mortgage Program (MMP)
Must be a first-time homebuyer (or have not owned a home in the last 3 years)
Have federal income tax return copies for the last 3 years
Have acceptable credit
Live in the home within 60 days of closing on your mortgage.

Homeownership Assistance Fund (HAF)
HAF Entry Cost Assistance
Down payment and closing cost assistance loan for use with a MHFA mortgage.  Loan is 0% interest.* 
HAF Monthly Payment Assistance
HAF Monthly Assistance helps you pay a portion of your monthly mortgage payment in the early years of your loan.  (Up to $75 a month) * 

*All HAF Assistance Funds are paid back when the property is sold, refinanced, transferred or is no longer owner occupied.  HAF Assistance Funds can be paid off early with no pre-payment penalty.  HAF Assistance Funds are not assumable.  
Text Box: Alternative Refinance
Cash Out
Pay Off Debts
Rate and Term Refinance
Higher Debt-to-Income Ratios
Flexible Guidelines
Rates Determined by Credit History
Bruised Credit O.K.
Text Box: All Mortgage Loans And Assistance Programs Listed Above Require All Borrowers To Attend  Approved Home Stretch Homebuyer Workshop
(For a Class Schedule, Click Here!)  
Text Box: All loans are available in the Saint Paul/Minneapolis 7 County Metro area unless otherwise noted.
Text Box: Entry Cost Homeownership               Opportunity Program (ECHO)
Up to $3000 in downpayment and closing cost assistance. Available with Community NHS Purchase Loans Only
Deferred Simple Interest Capped At 10 Years
Due when the property is sold, refinanced, transferred or is no longer owner occupied.
Income Limits Apply
Home Cost Limits Apply (Purchase Price + Fees)

1st Mortgage & Assistance Loans

To request additional information about the First Mortgage and or Assistance Loan programs, please

 click here.