Edge Home Finance, LLC

First Time Home Buyer Loans in Minnesota

Personalized guidance from a trusted Minnesota mortgage broker — from pre-approval to closing.

Buying your first home is one of the biggest financial decisions of your life. As a Minnesota mortgage broker with 20+ years of experience and 87 five-star Google reviews, I've helped many first-time buyers across the Twin Cities — often for less money upfront than they expected.

Whether you're just starting to think about buying or you're ready to make an offer, I'll walk you through every option available to you and make the process as simple and stress-free as possible.

Call or Text anytime: 612-414-3609

Apply online: mnloanpro.com

Programs Available

First Time Home Buyer Programs in Minnesota

FHA Loans The most popular loan for first-time buyers.

Requires as little as 3.5% down with a credit score of 580 or higher. More flexible qualification requirements than conventional loans, making it ideal if you're building your credit history.

Down Payment Assistance Minnesota Housing offers up to $18,000 in down payment and closing cost assistance through their Monthly Payment Loan and Deferred Payment Loan programs. This money doesn't need to be repaid until you sell or refinance.

Conventional Loans (3% Down) For buyers with stronger credit (620+), conventional loans starting at 3% down can be a great option — especially if you want to avoid FHA mortgage insurance long-term.

USDA Loans Zero down payment for eligible properties in qualifying rural areas of Minnesota. More areas qualify than most people expect. Ask me if your target area is eligible.

VA Loans If you're an eligible veteran or active military, VA loans offer zero down payment and no private mortgage insurance. One of the best mortgage programs available anywhere.

Process

Step 1 — Free Consultation

I will review your income, credit, savings, and goals. I'll tell you exactly what you qualify for and which programs are available to you. No cost, no obligation.

Step 2- Pre-Approval

I collect your documents; pay stubs, tax returns, bank statements. Upon eligibility, I work to issue your pre-approval letter as quickly as possible, subject to verification of information provided This letter is your ticket to making competitive offers.

Step 3 — House Hunting

With your pre-approval in hand, work with your real estate agent to find your new home. I'm available 24/7 if questions come up during the search and have a network of real estate agents if you need help finding the right fit.

Step 4 — Offer & Application

Once your offer is accepted, I formally submit your mortgage application and order the appraisal if required by the lender.

Step 5 — Underwriting & Clear to Close

The lender verifies everything. I'll keep you updated and handle any issues that may come up.

Step 6 — Closing Day

You sign the final documents, pay your down payment and closing costs, and get the keys to your new home!

Why First-Time Buyers Choose Steve Leesley

20+ years of Minnesota mortgage experience 87 five-star Google reviews Available 24/7 by call or text

Being an Independent broker means I shop multiple lenders to find options that fit your situation. .

Specialist in first-time buyer programs including Minnesota Housing and down payment assistance Serving Minnetonka, Minneapolis, Eden Prairie, Plymouth, Wayzata, Maple Grove, and all of the Twin Cities metro

"Steve made my mortgage process easy and explained everything thoroughly. He is personable and experienced. I would easily recommend him to anyone!" — Carter Hanson, Google Review

Ready to Take the First Step?

Getting started costs nothing and takes about 10 minutes.

I'll review your situation, tell you exactly what you qualify for, and map out a clear path to homeownership. Even if you're still 6–12 months away from being ready to buy, lets get you started with a consultation today.

Call or text Steve anytime: 612-414-3609 Email: steve@edgehomefinance.com

Apply online: mnloanpro.com/loan-application

Steve Leesley | Minnesota Mortgage Broker | NMLS #135264

Edge Home Finance, LLC | NMLS #891464

5860 Baker Road, Minnetonka, MN 55345

Equal Housing Opportunity

https://www.nmlsconsumeraccess.org/

5860 Baker Road

Minnetonka, MN 55345-5903

https://edgehomefinance.com/licensing-disclaimer/

https://www.nmlsconsumeraccess.org/

As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age (provided you have the capacity to enter into a binding contract), because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. The federal agency that administers our compliance with these federal laws is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC, 20580.

Get My Rate Quote

First Time Home Buyers

First Time Home Buyer Loans in Minnesota

Personalized guidance from a trusted Minnesota mortgage broker — from pre-approval to closing.

Programs Available

First Time Home Buyer Programs in Minnesota

Process

Step 1 — Free Consultation

Step 2- Pre-Approval

Step 3 — House Hunting

Step 4 — Offer & Application

Step 5 — Underwriting & Clear to Close

Step 6 — Closing Day

Why First-Time Buyers Choose Steve Leesley

Ready to Take the First Step?

This website uses cookies.