Lending Services
Affordable Home & Small Business Loans from a Trusted CDFI
Whether you’re buying a home, refinancing, launching a small business, or covering important life expenses, our lending team is here to guide you every step of the way.
Empowering Communities Through Accessible Lending
We dismantle economic barriers by providing affordable loans and refinancing options for local families and entrepreneurs. Discover how our dedicated lending team guides you every step of the way toward homeownership, business growth, and secure financial health.
Home Loans & Down Payment Assistance
Affordable First & Second Mortgages
Our mortgage programs are built for:
- First-time homebuyers
- Low-to-moderate income families
- Multicultural and underserved communities
- Buyers needing flexible underwriting support
Impact Down Payment Assistance Program
Our clients are eligible to apply for participation in the IMPACT Down Payment Assistance Program, funded by Minnesota Housing for Affordability Gap financing. This program helps reduce the upfront costs of buying a home, making ownership more accessible for qualified borrowers.
Minneapolis Access Down Payment Assistance
These programs can help cover:
- Down payments
- Closing costs
- Gap financing needs
Talk with a lending specialist to see which assistance program you qualify for.
Advancing Black Homeownership
The Advancing Black Homeownership program helps eligible first-time Black homebuyers overcome financial barriers to purchasing a home. Qualified borrowers may receive a 0% interest loan equal to 20% of the home’s purchase price, up to $45,000, with a portion of the assistance forgivable.
Funds may help with:
- Down payment and closing costs
- Principal or interest-rate buydowns
- Home inspections and warranties
- Certain qualifying debts or liens
Talk with a lending specialist to learn more about eligibility and whether this program may be right for you.
First Generation Down Payment Assistance
The First Generation Down Payment Assistance program helps eligible first-time homebuyers take an important step toward homeownership by providing financial assistance toward the purchase of a home.
To qualify, homebuyers must meet program requirements, including income eligibility and first-time homebuyer requirements. All qualifying household members must also complete approved homebuyer education before making an offer on a home.
Talk with a lending specialist to learn more about eligibility and whether this program may be right for you.
Housing Loans: Purchase & Refinance
- Purchase a primary residence
- Lower their interest rate
- Reduce monthly payments
- Access home equity responsibly
- Transition from contract-for-deed arrangements
Small Business & Microenterprise Loans
Our business lending solutions can support:
- Startup costs
- Working capital
- Equipment purchases
- Inventory
- Expansion
*Limited availability for Family Stabilization Plan participants only.
Consumer Loans
Consumer loans may be used for:
- Emergency expenses
- Debt consolidation
- Credit building
- Transportation needs
- Other essential life costs
*Limited availability for Family Stabilization Plan participants only.
Why Borrow With a CDFI?
- Flexible underwriting
- Personalized guidance
- Financial education support
- Culturally competent service
- Community-centered lending
Ready to Get Started?
Apply today or schedule a consultation to explore your loan options.
Build Wealth MN
Programs
Location
1256 Penn Ave N
Suite 4400
Minneapolis, MN 55411
Hours
Monday – Friday
9:00 am – 5:00 pm
Saturday
9:00 am – 2:00 pm
Contact
