Minn. R. agency 148, ch. 4900, HOMEOWNERSHIP ASSISTANCE FUND, pt. 4900.1359
Current through Register Vol. 49, No. 17, October 21, 2024
To qualify as an eligible property, the property being purchased with the assistance of a homeownership assistance fund loan must be a newly constructed or existing single-family residential dwelling located within the state. At the time the property is purchased, the property must be totally completed, in good repair, and meet mortgage industry accepted underwriting standards, or provisions must be made to assure that these standards will be met.
Minn. R. agency 148, ch. 4900, HOMEOWNERSHIP ASSISTANCE FUND, pt. 4900.1359
Statutory Authority:MS s 462A.06