Minnesota Housing Alert
September 2, 2010
Announcing 3.750% rate for Minnesota Mortgage Program
As of 4:00 p.m. on Wednesday, September 1, Minnesota Housing lowered all first-time homebuyer program interest rates, with the lowest rates currently under the Minnesota Mortgage Program (MMP) at 3.750% for government loans and 4.125% for conventional loans (conventional rate includes all pricing adjustments).
In addition, for clients who are ready to buy and interested in 100% LTV financing, consider using the new Affordable Advantage product, now at 4.500%.
Start offering your customers safe loans with below-market interest rates today. View all program rates and find upcoming training sessions for all Minnesota Housing programs on the website.
Please note, these rates are subject to change at any time, and this eNews is not an offer to enter into an interest rate agreement. Such an agreement may only be made pursuant to Minnesota Statutes Section 47.206, Subds. 3 and 4.
Incoming search terms:
- minnesota mortgage program (mmp)
Possibly Related:
