Efforts to help potential first-time home buyers save for down payments using special tax-favored accounts have been gaining traction in state legislatures.
The following steps are an excerpt from the Consumer Financial Protection Bureau’s Home Loan Toolkit; a clearly written and invaluable guide for home loan shoppers.
Buying a home in Minnesota is a big investment and you should feel at ease asking questions, and discussing the process with your loved ones and your lender.
Download this Q & A from the Minnesota Department of Revenue.
Download 2017 Schedule M1Home Form.
Brought to you by the MN REALTORS®’ Homeowners Alliance
5750 Lincoln Dr. Edina, MN 55436