Zero-down Home Loans Drying Up in Minnesota
Zero-down-payment home loans are soon becoming a thing of the past, especially in Minneapolis, where the mortgage loan market has been flagged as a declining market. Low and zero-down home loans have been instrumental in getting low and moderate income families their first homes. Those families looking to get home loans in and around Minneapolis will now likely have to put a down payment on their mortgages. You can read more about the Minneapolis housing loan situation here.
