First-Time Homebuyers

Start Up First-Time Homebuyers Program

Whether you're purchasing your first home or getting back into homeownership, Ideal Credit Union and the Minnesota Housing Finance Agency have partnered to offer the Start Up First-Time Homebuyers Program to support your journey. If you've never owned a home, or if it’s been more than three years since you last owned one, you might qualify as a first-time homebuyer.

Start your journey today—apply now and take the first step toward owning your dream home!

Start Up Qualifications:

  • Eligible applicants can earn up to $142,800, depending on the county.
  • Down payment assistance options up to $53,000.
  • Applicants must meet a minimum credit score to qualify.
  • The property must be owner-occupied.
  • At least one borrower must complete an approved homebuyer education course.

Apply Now Make an Appointment

This program offers down payment and closing cost assistance, affordable interest rates and the potential to reduce mortgage insurance costs. It's a great fit for first-time buyers in Minnesota.

For more details on income limits and maximum purchase price, visit the Minnesota Housing Finance Agency website.

Apply Now & Meet the Team

Cynthia Stewart

Cynthia Stewart

Apply with Cynthia

Cynthia has been with Ideal CU since 1991, working in the cash services, member service, and mortgage areas. With years of experience, Cynthia is dedicated to understanding members' unique needs and ensuring they have the best financial solutions.

  • Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
  • Phone: 651-773-2843
  • NMLS#: 446884

Cynthia works out of the Woodbury, Eagan and Inver Grove Heights locations.

Ko Xiong

Ko Xiong

Apply with Ko

Ko joined the Ideal Mortgage team in 2017. As Mortgage Sales Manager, Ko focuses his efforts on ensuring that our members are equipped with the tools and resources needed to make informed decisions. Ko enjoys sharing in the home buying or refinancing journey as it brings him great joy seeing how Ideal's products and services benefit our member's lives.

  • Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
  • Phone: 651-773-2820
  • NMLS#: 1264959

Ko works out of the North Saint Paul, Hugo and Stillwater locations.

Ideal Home Loans