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Low Down Payment Loans (FHA & VA)

Homeownership may be closer than you think. Citizens Independent Bank offers several low down payment mortgage options designed to help qualified buyers purchase a home with less money upfront while still receiving personalized guidance from a local mortgage team.


Affordable Mortgage Solutions for Minnesota Homebuyers.

 

Whether you're purchasing your first home, serving in the military, or looking for down payment assistance, CIB can help you explore programs designed to make homeownership more attainable.






First-Time Homebuyers

FHA Loans

FHA loans offer lower down payment requirements and flexible qualifying guidelines, making homeownership more accessible for many buyers. 

  • Down payments as low as 3.5% for qualified borrowers. 
  • Flexible credit guidelines and gift funds may be used toward upfront costs.
Veterans & Military Families

VA Loans

VA loans provide valuable home financing benefits for eligible veterans, active-duty military members, reservists, and certain surviving spouses.

  • No down payment required for qualified borrowers. 
  • Flexible credit requirements and no private mortgage insurance (PMI). 

 


























































































Looking for more mortgage solutions? Explore financing options designed to fit every stage of your homeownership journey.

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Need Help Finding the Right Loan?

Our local mortgage team is here to help you compare options, understand eligibility requirements, and find the mortgage solution that best fits your goals.































    We provide mortgage lending, personal banking, business banking, and financial services to businesses and individuals across the western Twin Cities. Explore our local banking locations in Saint Louis Park, Robbinsdale, Hopkins, and Plymouth to find the branch most convenient for you.