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Income Limits

*Effective for loans locked on or after June 2, 2025. Refer to previous income limits for loans locked prior to June 2nd.

Start Up Eligibility Income Limits

Household Size

11-County Twin Cities Metro Area*

Dodge and Olmsted Counties

All Other Counties

1-2 Person

$132,400

$125,600

$116,900

3+ Person

$152,200

$144,400

$134,400

Start Up Eligibility Income Guidance

Each Start Up loan file will have two income calculations: Eligibility and Qualifying. See the Eligibility and Qualifying Income Reference Guide for further explanation about when to use each type of calculation.

  • For Start Up eligibility income use the Start Up Program Eligibility Income Worksheet guidance on whose income and what income to include. Include the income of the following people:
    • A person who will have title to the property and will sign the mortgage (i.e. a Borrower).
    • A person expected to live in the residence being financed and is a legal spouse of the Borrower.
    • A person expected both to live in the residence being financed and to sign or guarantee the mortgage note (i.e. an occupant co-signer).
  • For qualifying income, follow industry standard documentation and calculation requirements.
Deferred Payment Loan and Deferred Payment Loan Plus
(2nd mortgage available only with Start Up)
Household Size 11-County Twin Cities Metro Area* Dodge and Olmsted Counties All Other Counties
1-2 Person $85,000 $85,000 $75,000
3 Person $95,000 $95,000 $84,000
4 Person $106,000 $106,000 $94,000
5 Person $114,000 $114,000 $101,000
6 Person $123,000 $123,000 $108,000
7 Person $131,000 $131,000
$116,000
8 Person $140,000 $140,000
$123,000
9+ Person $146,000 $144,400
$129,000
Monthly Payment Loan (2nd mortgage available with Start Up or Step Up)
When the Monthly Payment Loan is used with Start Up, use the Start Up income limits listed above.
Monthly Payment Loan Income Limits for Step Up:
Household Size 11-County Twin Cities Metro Area* Dodge and Olmsted Counties All Other Counties
1-2 Person $139,000 $139,000 $122,700
3+ Person $159,900 $159,900 $141,200
Step Up Income Limits

11-County Twin Cities Metro Area*

Dodge and Olmsted Counties

All Other Counties

$197,900

$197,900

$174,800

*The 11-county Twin Cities Area is defined as: Anoka, Carver, Chisago, Dakota, Hennepin, Isanti, Ramsey, Scott, Sherburne, Washington and Wright Counties.

Previous Income Limits

Conventional Product Income Limits