Twin Cities Habitat for Humanity recently created a first-of-its-kind mortgage program that targets those who want to buy an existing house, but don’t earn enough to qualify for a mortgage from a traditional lender. 

The program enables the organization to serve a broader income range, including those who may think their income is too high to qualify for Habitat. Households earning $40,000 to $80,000 have successfully bought homes with Habitat in recent years.

Habitat is on pace to help more than 100 Twin Cities families buy homes this year – double its historic average — through its $55 million “Multiplying the Impact” campaign.

Twin Cities Habitat’s program expansion was made possible by an innovative partnership with Bremer Bank. The $98 million partnership is the largest of its kind among Habitat affiliates nationwide and now serves as a model, offering these features:

• Households can use Habitat’s mortgage to buy a home for sale on the open real estate market or a home developed by Twin Cities Habitat.

• Every homebuyer receives an affordable, fixed-rate, long-term mortgage with monthly payments set no more than 30% of income. Habitat mortgages are provided by its wholly-owned nonprofit mortgage lending subsidiary, TCHFH Lending, Inc.

• Every homebuyer household completes a combination of one-on-one financial coaching, homeownership classes, and sweat equity volunteer hours before buying a home.

For more information on the new mortgage program, go to or call 612-540-5660.  

Press release

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