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Homeownership Program - Southwest Minnesota Housing Partnership - Slayton

2401 Broadway Avenue, Slayton, MN 56172

Eligibility
Low income residents of Big Stone, Chippewa, Cottonwood, Jackson, Kandiyohi, Lac qui Parle, Lincoln, Lyon, Meeker, McLeod, Murray, Nobles, Pipestone, Redwood, Renville, Rock, Swift, and Yellow Medicine counties
Required documents
Application/intake form photo ID verification of income
Hours
8 am - 5 pm Monday - Friday
(507)836-1604
Voice·

Intake Low Interest Loans

Application process
Fees
Call for fee information; vary
Service area
Big Stone County, MN Chippewa County, MN Cottonwood County, MN Jackson County, MN Kandiyohi County, MN Lac Qui Parle County, MN Lincoln County, MN Lyon County, MN Mcleod County, MN Meeker County, MN Murray County, MN Nobles County, MN Pipestone County, MN Redwood County, MN Renville County, MN Rock County, MN Swift County, MN Yellow Medicine County, MN
Provides a HUD Certified Homeownership Advisor for free to help households through the home buying journey. Services provided:
  • An advisor to assess the household's current situation and determine mortgage readiness, review credit report, and answer home buying questions
  • Helps individuals set goals and action plans
  • Homebuyer education classes and workshops to understand the home-buying process. Classes are virtual.
  • Financing options through the United States Department of Agriculture (USDA) Home Loans program. The loan assists households in purchasing safe and sanitary housing in rural areas. There is no down payment required and no monthly mortgage insurance payments.
  • Find a home to purchase and refer households to real estate agents and other professionals involved in the home purchase. Income qualified households will be determined based on availability of resources for the Partnership Community Land Trust program.
  • Low or no interest, deferred loans to cover closing costs or down payments on a home
  • Walk through closing of a home, review real estate documents, and loan disclosure
Last Assured
02/14/2025
Providing organization
Southwest Minnesota Housing Partnership - Slayton

A non-profit community development corporation serving communities throughout Southwest and South Central Minnesota.