First Time Homebuyers

Wadena State Bank in partnership with the Minnesota Housing Finance Agency offers First-Time Homebuyer financing.

You may be eligible for a Minnesota Housing mortgage if you:

  • Have not owned a home in the last three years.
  • Have Federal Tax Returns for the last three years.
  • Have acceptable credit.
  • Have an income at or below Minnesota Housing limits (see web site for specific amounts)

For complete information on the First-Time Homebuyer program, go to the Minnesota Housing Finance Agency web site at: www.mnhousing.gov.

Print Real Estate Loan Application

First Time Homebuyers