Buyer Guides

Contingencies in a Minnesota Home Purchase in 2026: Which to Keep, Which to Waive

Posted on by Brett Doshan
Couple reviewing a Minnesota home purchase agreement and contingencies at kitchen table

If you’ve started shopping for a home in the Twin Cities this year, you’ve probably heard some version of the same advice from a friend or a Facebook group: “waive your contingencies or you’ll never win a bid.” That advice made a lot of sense in 2021, when homes in Minneapolis and St. Paul were getting 50+ offers in a weekend. It makes a lot less sense in 2026, when inventory has loosened up and buyers have more room to negotiate. The real question isn’t whether to waive contingencies across the board — it’s which ones actually protect you, and which ones you can let go of without much risk.

What Home Purchase Contingencies Actually Do in Minnesota

A contingency is a condition written into your purchase agreement that has to be satisfied before the sale is fully binding. In Minnesota, contingencies are usually built directly into the standard Minnesota Association of REALTORS® purchase agreement rather than added as a separate document, and each one gives you a specific, time-limited window to walk away — and keep your earnest money — if something doesn’t check out.

Without a contingency in place, you’re agreeing to move forward no matter what the inspection, the appraisal, or your financing turns out to look like. That’s exactly why home purchase contingencies have become a bargaining chip in competitive offers: sellers comparing multiple bids often favor the offer with fewer strings attached, even if it isn’t the highest dollar amount.

The four contingencies you’ll run into in nearly every Twin Cities transaction are the inspection contingency, the financing contingency, the appraisal contingency, and — less commonly in this market — the home sale contingency. Each one carries a different level of risk if you waive it, which is why a blanket “waive everything” strategy can backfire.

Why the Calculus Has Changed in the 2026 Twin Cities Market

During the frenzied years of 2020 through 2023, waiving an inspection contingency was often treated as table stakes just to get a showing, let alone an accepted offer. That’s not the market Minnesota buyers are navigating in 2026. Inventory has recovered meaningfully across the metro, and homes are sitting longer than they did at the height of the pandemic-era market.

Local market data tells the story. Minneapolis homes were selling in the low-to-mid 40-day range as of mid-2026, a meaningful slowdown from the multi-day turnarounds buyers faced a few years ago, and active listings in the metro have grown on a year-over-year basis. Redfin’s local market tracker shows Minneapolis homes selling for roughly 100% of list price on average — strong, but no longer the 10-to-20-over-asking chaos of a few years back.

That doesn’t mean competition has disappeared. Well-priced homes in popular pockets of Edina, Minnetonka, and South Minneapolis can still draw multiple offers in a matter of days. But the days of needing to waive every protection just to be taken seriously are largely behind us — which means the decision should be made property-by-property, not as a default strategy.

The Inspection Contingency: Generally Worth Keeping

Of all the contingencies on the table, the inspection contingency is the one Twin Cities real estate attorneys and agents most consistently advise buyers to hold onto. It gives you a defined window — typically five to seven days — to bring in a licensed inspector and identify problems with the roof, foundation, electrical, plumbing, or mechanical systems before you’re locked in.

Minnesota law requires sellers to disclose known defects, but “known” is the operative word — a seller may genuinely have no idea their foundation has a hairline crack or their sewer line is failing. Without an inspection contingency, your only recourse if something major surfaces after closing is proving the seller knew about it and concealed it, which is a difficult and expensive legal standard to meet.

Minnesota homes carry some specific inspection considerations worth flagging to your agent: radon levels, which run high in many parts of the state and aren’t detectable without specialized equipment; aging mechanical systems in homes built before the 1980s; and sump pump or sewer line condition, particularly in older Minneapolis and St. Paul housing stock. If a home falls into any of those categories, an inspection contingency is rarely the place to cut a corner.

If you do want to make your offer more competitive without fully waiving this protection, ask your agent about a pass/fail inspection instead — you still inspect the home, but you agree only to flag and walk away from major safety or structural issues rather than negotiating over every minor item on the list.

The Financing Contingency: Risky to Waive Unless You’re Paying Cash

A financing contingency protects you if your mortgage falls through — whether because of a job change, a credit issue that surfaces during underwriting, or an appraisal that complicates your loan terms. Pre-approval letters are a strong signal to sellers, but they are not a guarantee of final loan approval. Underwriting can still uncover problems that a pre-approval never caught.

Waiving this contingency means that if your financing falls apart for any reason, you risk losing your earnest money deposit entirely. Unless you’re buying with cash or have an unusually ironclad financial position, most Twin Cities agents and real estate attorneys recommend keeping this one in place. It’s also worth noting that cash buyers routinely skip this contingency altogether, which is one reason all-cash offers remain so attractive to sellers in competitive situations.

The Appraisal Contingency: A Reasonable Place to Compromise

An appraisal contingency protects you if the home appraises for less than your purchase price, giving you the option to renegotiate, cover the gap in cash, or walk away. In a market where bidding above asking price is still common in desirable neighborhoods, this is the contingency that most often comes into tension with a strong offer.

A full waiver isn’t your only option here. Many Twin Cities buyers are instead agreeing to cover a defined gap — say, the first $10,000 to $15,000 of any appraisal shortfall — rather than waiving the protection entirely. This signals confidence to a seller without exposing you to unlimited risk if the appraisal comes in significantly under your offer.

The Home Sale Contingency: Usually Not an Option in This Market

A home sale contingency makes your purchase conditional on successfully selling your current home first. It’s the contingency sellers are least willing to accept, since it ties their closing timeline to a transaction they have no control over. In most competitive Twin Cities offers, this one isn’t realistically on the table at all.

If you need to sell before you buy, the more practical path in 2026 is usually a bridge loan, a rent-back arrangement with your buyer, or simply listing your current home first and timing your purchase offer once it’s under contract. A knowledgeable local agent can walk you through which of these fits your specific timeline and finances.

Smarter Alternatives to a Full Waiver

Buyers don’t have to choose between an all-or-nothing offer and losing the house. Some of the more creative strategies Twin Cities agents are using in 2026 include shortening contingency windows rather than removing them, getting a pre-offer inspection or walkthrough before writing an offer at all, offering a flexible closing date or rent-back period the seller values, and increasing earnest money with a clause that makes it non-refundable after a defined point.

Each of these can strengthen an offer in the eyes of a seller without putting your entire purchase — or your earnest money — at risk if something goes wrong.

Deciding which contingencies to keep and which to waive isn’t a decision to make alone, and it shouldn’t be a one-size-fits-all strategy applied to every offer. The right call depends on the specific property, how many other offers you’re up against, and your own financial cushion if something goes wrong. That’s exactly the kind of judgment call a locally experienced agent earns their commission on. If you’re not sure who to trust with that advice, MinnMatch can match you with a vetted Twin Cities agent who negotiates contingencies for a living — at no cost to you. Curious how the matching process works? Here’s how it works.

Buyer Guides, Seller Guides

Understanding Closing Costs in Minnesota in 2026: What You’ll Pay and How to Negotiate

Posted on by Brett Doshan
Closing costs checklist with calculator, house keys, and Minnesota state outline for 2026

Closing day is exciting — but the stack of fees that comes with it can catch buyers and sellers off guard. If you’re buying or selling a home in the Twin Cities or greater Minnesota in 2026, understanding closing costs ahead of time is one of the smartest moves you can make. Between Minnesota’s unique state taxes, lender fees, and negotiable charges, the numbers add up faster than most people expect. Here’s a plain-English breakdown of what you’ll actually pay — and where you might have room to negotiate.

What Are Closing Costs in Minnesota?

Closing costs are the fees and taxes paid at the end of a real estate transaction — on top of the purchase price and down payment. They cover everything from lender processing to title transfers, government recording, inspections, and prepaid insurance. In Minnesota, both buyers and sellers pay closing costs, but the split is decidedly unequal.

According to Edina Realty, the median sales price for a Minnesota home hit approximately $380,000 in early 2026. At that price point, buyers can expect to pay somewhere between $7,600 and $22,800 in closing costs, while sellers are typically looking at $22,800 to $38,000 — a figure that includes real estate commissions.

It’s also important to understand that closing costs and cash to close are not the same thing. Cash to close includes your down payment, prepaid property taxes, homeowners insurance, and initial escrow funding on top of closing costs. The full amount you bring to the table on closing day is typically higher than closing costs alone.

What Minnesota Buyers Pay at Closing

Buyers typically cover the lender-related fees and a handful of government charges. Plan to budget roughly 2% to 5% of the purchase price for closing costs as a buyer — on a $380,000 home, that’s approximately $7,600 to $19,000. Here’s where that money goes:

  • Loan origination fee: Charged by your lender for processing the mortgage. Usually 0.5% to 1% of the loan amount.
  • Appraisal fee: Your lender requires a professional appraisal to confirm the home’s value. Typically $400–$600 in the Twin Cities.
  • Home inspection fee: Not lender-required, but strongly recommended. Expect $350–$500 for a standard single-family home inspection.
  • Mortgage Registry Tax (MRT): This is one of Minnesota’s unique closing costs. Buyers pay a state tax of 0.23% of the loan amount when recording a mortgage. In Hennepin and Ramsey counties, a small additional levy applies. On a $300,000 loan, that’s roughly $690 at the base rate.
  • Title insurance (lender’s policy): Protects the lender against title defects. Required by virtually every mortgage lender.
  • Recording fees: The county charges a fee to officially record the deed and mortgage. Amounts vary by county.
  • Prepaid costs: These aren’t really fees — they’re future costs paid upfront, including homeowners insurance, prepaid mortgage interest, and the initial deposit into your escrow account for property taxes and insurance.

Minnesota’s property tax timing is worth flagging separately. Property taxes in Minnesota are paid in two installments — May 15 and October 15 — and the proration at closing can significantly affect how much cash you bring to the table, depending on when you close. Closing close to one of those due dates can noticeably increase your cash-to-close figure.

What Minnesota Sellers Pay at Closing

Sellers carry the heavier load at closing, primarily because real estate commissions come out of sale proceeds. When commissions are included, Minnesota sellers typically pay 6% to 10% of the sale price in total closing costs. Here’s the breakdown:

  • Real estate commissions: Fully negotiable, but average listing agent fees in Minnesota run around 2.96%, and many sellers still offer to cover the buyer’s agent fee as well. This is often the single largest cost at closing.
  • State Deed Tax (transfer tax): Minnesota charges $1.65 per $500 of the sale price (approximately 0.33%) when transferring the title to a new owner. On a $380,000 home, that’s roughly $1,254 — paid by the seller.
  • Title service fees: The seller typically pays for the title search and transfer, averaging around 0.29%–0.30% of the sale price in Minnesota.
  • Owner’s title insurance: In Minnesota, it’s more common for the seller to purchase the owner’s title insurance policy that protects the buyer. Cost varies based on the sale price.
  • Prorated property taxes: Sellers owe property taxes for the portion of the year they owned the home. This amount is credited to the buyer at closing.
  • Recording fees: Approximately $46 on average in Minnesota, though this varies by county.
  • Escrow/settlement fees: Sellers may pay $500 to $2,000 depending on the provider, property value, and transaction complexity.

If you’re selling in a competitive suburb like Edina, Wayzata, or Eden Prairie, market conditions affect how much of these costs you’ll actually absorb versus shift to the buyer. In a strong seller’s market, you may not need to offer concessions at all.

Minnesota’s Unique Closing Cost Features

Minnesota has a few state-specific closing cost characteristics that differ from many other states — and can surprise first-time buyers and out-of-state relocators:

The Mortgage Registry Tax (MRT). Most states don’t charge buyers a recording tax on their mortgage amount. Minnesota does. At 0.23% of the loan amount (with a small surcharge in Hennepin and Ramsey counties), this is a fixed, non-negotiable cost — but it’s predictable, and you can calculate it exactly once you know your loan amount. For reference, on a $320,000 mortgage, the base MRT is approximately $736.

The State Deed Tax. Minnesota’s deed transfer tax — paid by the seller — is calculated at $1.65 per $500 of the purchase price. It’s one of the non-negotiable, fixed costs that sellers can’t avoid, but they can sometimes negotiate with a buyer to share it.

Two-installment property taxes. Minnesota’s May and October property tax due dates mean that depending on when you close, the proration can feel like a significant unexpected expense — especially for buyers closing in the spring. Review the closing disclosure carefully to understand exactly what you’re prepaying.

For more detail on Minnesota’s transfer and deed taxes, you can reference the Minnesota Department of Revenue.

How to Negotiate Closing Costs in Minnesota

The good news: while state taxes and government fees are fixed, many closing costs are negotiable — or at least shoppable. Here’s where buyers and sellers actually have leverage:

For buyers:

  • Ask for seller concessions. In a buyer-friendly market, sellers can agree to pay a portion of your closing costs — either as a credit at closing or by absorbing certain fees directly. In a competitive market, this is harder to get, but always worth asking.
  • Shop your title company. You have the right to shop for title and settlement services in Minnesota. Get quotes from two or three providers — fees can vary meaningfully.
  • Compare lender fees. Loan origination fees, underwriting fees, and processing fees vary between lenders. Get multiple Loan Estimates and compare Section A and Section B of each one carefully. These are the fees you can negotiate most directly.
  • Consider a lender credit. Some lenders will offer a closing cost credit in exchange for a slightly higher interest rate. Whether this makes sense depends on how long you plan to stay in the home — run the math with your lender.
  • Ask about MHFA programs. The Minnesota Housing Finance Agency (MHFA) offers down payment and closing cost assistance programs for qualifying buyers. If you’re purchasing your first home — or haven’t owned in the past three years — it’s worth checking eligibility.

For sellers:

  • Negotiate your agent’s commission. Real estate commissions are fully negotiable in Minnesota. In a strong seller’s market, there may be room to discuss the rate — especially if your home is priced to move quickly.
  • Review your closing statement carefully. Escrow and settlement fees can vary between providers. Ask your agent to review the closing disclosure line by line — some fees are negotiable or may be in error.
  • Use market conditions as leverage. If you’re selling in a hot market, you may not need to offer buyer incentives at all. In softer conditions, offering to cover a portion of buyer closing costs can be more effective than a price reduction.

Quick Closing Cost Estimates for Twin Cities Home Prices

Here’s a rough snapshot of what buyers and sellers might expect at various Twin Cities price points in 2026, using the typical percentage ranges. These are estimates — your actual costs will vary based on lender, county, and what gets negotiated.

Home Price Buyer Closing Costs (2–5%) Seller Closing Costs (6–10%)
$300,000 $6,000 – $15,000 $18,000 – $30,000
$380,000 $7,600 – $19,000 $22,800 – $38,000
$500,000 $10,000 – $25,000 $30,000 – $50,000
$700,000 $14,000 – $35,000 $42,000 – $70,000

Estimates based on typical Minnesota closing cost ranges. Seller figures include agent commissions. Individual costs will vary.

Work with an Agent Who Knows the Numbers

A great local agent doesn’t just negotiate the purchase price — they help you understand every line on the closing disclosure, flag fees that might be negotiable, and position your offer (or listing) strategically from day one. MinnMatch connects Twin Cities buyers and sellers with vetted, local agents who know the Minneapolis–Saint Paul market inside and out. The service is completely free.

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Buyer Guides

First-Time Home Buyer in Minnesota 2026: Programs, Grants & Your Step-by-Step Roadmap

Posted on by Brett Doshan
First-time home buyer in Minnesota 2026 — programs, grants and step-by-step homebuying roadmap

Buying your first home in Minnesota is one of the biggest financial moves you’ll ever make — and in 2026, it’s more achievable than you might think. Between competitive mortgage programs through the Minnesota Housing Finance Agency (MHFA), targeted down payment grants, and a Twin Cities market that still offers real opportunities in the right neighborhoods, first-time home buyers in Minnesota have more tools at their disposal than ever. This guide walks you through every program worth knowing about — and gives you a clear, step-by-step roadmap from “I think I’m ready” to keys in hand.

What Counts as a First-Time Home Buyer in Minnesota?

Before diving into programs, it helps to know how Minnesota officially defines “first-time buyer.” The MHFA uses a standard definition: you qualify if you have not owned a primary residence in the past three years. That means even if you owned a home a decade ago but have been renting since, you can still access first-time buyer programs today. Divorced individuals who haven’t owned since the split may also qualify — it’s worth confirming your status with an MHFA-approved lender.

There’s also an important distinction between programs for first-time buyers specifically and programs open to any buyer. The MHFA’s Step Up program, for example, is available to repeat buyers as well — so even if you don’t qualify as a first-timer, don’t stop reading.

Minnesota First-Time Home Buyer Programs in 2026

The state’s main gateway for first-time home buyer programs in Minnesota is the Minnesota Housing Finance Agency (MHFA), which offers below-market interest rate loans and down payment assistance that can dramatically reduce what you need upfront. Here’s a breakdown of the primary programs available in 2026.

🏠 MHFA Start Up Loan

The Start Up loan is the flagship program for first-time buyers in Minnesota. It offers a competitively priced first mortgage with below-market interest rates — and it’s the required first mortgage for accessing most of MHFA’s down payment assistance options.

  • Who qualifies: First-time buyers (no ownership in past 3 years)
  • Income limits (Twin Cities 11-county metro): Up to $124,200 for 1–2 person households; up to $142,800 for 3+ person households
  • Income limits (all other MN counties): Up to $111,800 for 1–2 person; up to $128,500 for 3+
  • Minimum credit score: 640
  • Purchase price limit: $450,000
  • Education required: Yes — a homebuyer education course is mandatory

💰 Down Payment & Closing Cost Assistance

Paired with a Start Up first mortgage, MHFA offers three down payment loan options that can cover both your down payment and closing costs:

Monthly Payment Loan — Borrow up to $18,000 as a second mortgage at 0% interest, repaid in monthly installments over 10 years alongside your main mortgage. No separate income limits apply; any Start Up-eligible borrower can use this option.

Deferred Payment Loan (DPL) — A 0% interest second mortgage with no monthly payments required. You repay the loan when you sell, refinance, or pay off the home. Income limits apply (up to $89,000 for 1–2 person households in the metro).

Deferred Payment Loan Plus (DPL+) — For lower-income buyers with at least one “targeting factor” (such as purchasing in a high-cost area or being a person of color), this offers larger assistance amounts with favorable terms.

⭐ First-Generation Homebuyer Loan Program

One of the most significant programs launched in recent years, the First-Generation Homebuyer Loan offers up to $35,000 in down payment and closing cost assistance — as a deferred, interest-free, and forgivable loan. Half of the loan is forgiven after 10 years and the remainder after 20 years. To qualify, you must be a first-generation homebuyer (meaning neither of your parents owned a home, or you were in foster care), and you must use a Start Up first mortgage.

Note: This program is funded and available on a first-come, first-served basis. If you think you may qualify, connecting with an MHFA-approved lender early is strongly advised.

Local & Federal Programs First-Time Buyers in Minnesota Should Know

Beyond the MHFA’s statewide programs, Minnesota buyers may have access to additional assistance through local governments and federal loan types. A few worth knowing:

FHA Loans — Federally backed mortgages requiring as little as 3.5% down with a 580+ credit score. FHA loans are especially popular with first-time buyers who have limited savings or are still building credit. They’re widely available through conventional lenders in the Twin Cities and can be combined with MHFA down payment assistance.

VA Loans — If you’re a veteran, active-duty service member, or eligible surviving spouse, VA loans offer 0% down financing with no private mortgage insurance. Minnesota has a strong military community, and many Twin Cities buyers take advantage of this benefit.

USDA Rural Development Loans — Available in qualifying rural and some suburban areas of Minnesota, USDA loans also offer 0% down. Some communities in the outer metro — think areas beyond the immediate Twin Cities ring — may qualify. Worth checking if you’re open to a longer commute.

City & County Programs — Minneapolis, Saint Paul, and several suburban counties offer their own buyer assistance programs on top of state resources. Anoka County, for example, points buyers directly to MHFA’s programs; other counties have additional local funds. Ask your agent or lender what’s available in the specific community where you’re shopping.

For a broader look at the Minnesota housing market and what today’s buyers are navigating, Redfin’s Minneapolis market overview is a helpful real-time reference.

Your Step-by-Step Roadmap to Buying Your First Home in Minnesota

Knowing the programs is one thing. Knowing what to do — and in what order — is what actually gets you from renter to homeowner. Here’s how the process looks for a typical first-time buyer in the Twin Cities metro.

1

Check Your Credit & Know Your Numbers

Pull your credit report and know your score before you talk to anyone. Most MHFA programs require a minimum 640. If you’re below that, spend 3–6 months paying down balances and correcting any errors on your report. Also tally your savings — you’ll want a clear picture of what you have available for a down payment, closing costs, and emergency reserves after closing.

2

Take the Required Homebuyer Education Course

Most MHFA programs require completing an approved homebuyer education course before closing. The good news: it’s available online, takes roughly 6 hours, and costs around $75. Minnesota Housing publishes a list of approved providers at mnhousing.gov. Get this done early — it’s a prerequisite, not an afterthought.

3

Get Pre-Approved Through an MHFA-Approved Lender

To access any MHFA program, you must work with an MHFA-approved lender — not just any bank or mortgage company. The list is available on the Minnesota Housing website. When you apply, your lender will automatically assess which state programs you qualify for and handle the paperwork. This is also where you’ll lock in your pre-approval letter, which is essential before making any offers in today’s Twin Cities market.

4

Find a Local Real Estate Agent Who Knows the Market

For first-time buyers especially, your agent makes an enormous difference. You want someone who works regularly in the neighborhoods you’re targeting, understands how MHFA programs interact with offer strategy, and will advocate for you through inspection, negotiation, and closing. The Twin Cities has hundreds of agents — the challenge is finding the right fit for your situation, not just someone with a license. This is exactly why MinnMatch exists: to connect first-time buyers with vetted, locally experienced agents who specialize in exactly what you’re looking for.

5

Search, Offer & Negotiate

With pre-approval in hand and an agent by your side, you’re ready to start shopping. In the Twin Cities, the sub-$400K segment tends to move quickly — especially in suburbs like Plymouth, Lakeville, and Woodbury where first-time buyers often compete. Your agent will help you structure competitive offers, advise on contingencies, and negotiate on your behalf if issues come up after inspection.

6

Home Inspection, Appraisal & Final Financing

Once your offer is accepted, you’ll move into the due diligence period. A home inspection is strongly recommended — even in competitive markets. Your lender will order an appraisal, and your MHFA loan will be formally processed during this period. Budget 30–45 days from accepted offer to close in most Twin Cities transactions.

7

Close & Get Your Keys

Closing day is when everything comes together. You’ll sign documents, your down payment assistance is applied, closing costs are settled, and ownership transfers to you. If you used a Deferred Payment Loan, note that there are no extra payments at the closing table for that portion — it’s handled as a second lien that only comes due when you sell or refinance later. Then: you’re a homeowner.

What’s the Real Cost of Buying Your First Home in the Twin Cities in 2026?

Let’s talk numbers. The median home price in Minnesota was approximately $354,500 as of early 2026, though Twin Cities metro prices vary widely by neighborhood and suburb. Here’s a rough picture of what a first-time buyer might need at closing — and how MHFA assistance changes that equation.

Expense Without Assistance With MHFA Programs
Down Payment (3.5% FHA on $350K) $12,250 Covered by DPA loan
Closing Costs (~3% of purchase) ~$10,500 Partially/fully covered by DPA
Homebuyer Education Course ~$75 ~$75
Home Inspection $350–$550 $350–$550
Total Out-of-Pocket Estimate $23,000–$25,000 As low as $500–$2,000+

*Estimates based on a $350,000 purchase price using FHA financing with a Monthly Payment Loan for down payment assistance. Actual amounts vary by purchase price, loan type, and specific programs used. Consult an MHFA-approved lender for a precise breakdown.

For a deeper look at how Minnesota compares nationally and what homeownership trends look like, the U.S. Census Bureau’s homeownership data provides useful context.

Where in the Twin Cities Should First-Time Buyers Look in 2026?

With the MHFA purchase price cap at $450,000, first-time buyers have more options than you might expect — including in some of the metro’s most desirable communities. Here are a few areas where first-time buyers are finding traction right now.

Plymouth — Consistently ranked among the best suburbs in the state, Plymouth offers solid inventory in the $300K–$420K range, excellent schools, and a community feel that first-time buyers tend to love. It’s competitive but not impossible.

Lakeville & Burnsville — South metro suburbs with strong value, newer housing stock, and room to grow. Lakeville especially has attracted first-time buyers who want more space for their money.

Brooklyn Park & Maple Grove — Northwest metro suburbs that offer a wide price range and a diverse housing market. Brooklyn Park in particular is seeing renewed buyer interest from first-timers priced out of tighter suburban markets.

South Minneapolis Neighborhoods — For buyers who want city living, neighborhoods like Nokomis, Longfellow, and Powderhorn offer urban character, walkability, and entry-level price points that remain accessible compared to many coastal metros. Explore MinnMatch’s guide to South Minneapolis real estate for a closer look.

Eden Prairie — If your budget stretches toward the higher end of what MHFA allows, Eden Prairie gives first-time buyers access to one of the Twin Cities’ top-rated suburbs. It’s not the cheapest option, but the lifestyle amenities and school quality are hard to beat.

Ready to Take the Next Step?

Knowing the programs is only half the equation. The other half is having the right agent in your corner — someone who knows the Twin Cities market, understands how MHFA financing works in an offer situation, and will walk with you from your first showing to closing day. MinnMatch connects first-time buyers with hand-picked, locally vetted agents at no cost to you.

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