Minnesota Housing Mortgage

Finding the right mortgage or home loan is different for everyone. If you need down payment assistance or a special loan structure, check out the available options through Minnesota Housing Finance Agency (MHFA) for special mortgage programs to make homeownership more affordable. 

MHFA Features

  • Down payment assistance
  • Closing cost assistance
  • Special programs for first time home buyers or current homeowners

Speak to your local lender to learn if a MHFA loan is right for you.

What does Minnesota Housing offer?

MHFA provides special mortgage loan programs and options to help make owning a home more affordable, including low rate and low down payment programs.

What is MHFA?

Minnesota Housing Finance Agency (MHFA) is a state agency that works with local lenders, like Merchants Bank, to ensure all Minnesotans have access to safe and affordable housing.

Who is eligible?

The eligibility requirements vary by program. Our mortgage lenders understand Minnesota Housing and can help find the right option for you. We’re your resource when you have questions.

All mortgages are subject to credit approval.

Online & Mobile Banking

Take advantage of our Online & Mobile Banking tools, giving you the freedom to do more with your money. 

Home Equity Line of Credit

Access to credit when you need it with the flexibility of a Home Equity Line of Credit. 

Relationship Checking

The account that rewards you when certain relationship balances are maintained. Being part of the Merchants family has its perks!

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