Episode 155: The First Generation Homebuyer Loan Program

Homeownership is a cornerstone of the American dream, but for many, it remains just that, a dream. The First Generation Homebuyer Loan Program is changing the narrative, and we've got the inside scoop straight from the experts.

 

This week our guest is Heidi Welch from the Minnesota Housing Finance Agency and we sat down to discuss a groundbreaking opportunity for first-time homebuyers. Heidi has over a decade of experience with the state, and she sheds light on the details of the program, its goals, and how it's set to help bridge the housing disparity gap in Minnesota.

 

For listeners outside Minnesota, the episode is equally enlightening. Nearly every state has a housing finance organization, and Heidi encourages homebuyers to explore these wherever you are. It is important to choose the right loan officer that can better inform you about these life-changing opportunities. Heidi emphasizes the critical role of homebuyer education and the wealth of resources available to those willing to seek them out and how Realtors can help to better inform their clients. 

 

We found this conversation incredibly eye opening and informative and we are grateful Heidi took the time to share this information with us. Let’s dive in!