Buy a New Centra Home with $0 Down* in Eligible Minnesota Areas
STOP waiting to save for a down payment. If you qualify based on income and location, you could move into your brand-new home TODAY with 100% financing—no down payment required.
- $0 Down Payment Required – Keep your savings in your pocket.
- Competitive Fixed Rates – Lock in predictable payments.
- Many Areas Qualify – Suburban and rural Minnesota communities.
- No PMI – Save hundreds per month.
- Build Equity from Day One – Stop paying your landlord’s mortgage.
Prefer To Call? (763) 299-6949
*For qualified buyers. Income and location restrictions apply.
Simple Steps To Get Started
Explore New Homes That Qualify for $0 Down*
Why Choose Centra Homes?
✓ Built for $0 Down Financing – We specialize in helping buyers like you ✓ Local Expertise – We know which Minnesota areas qualify
✓ Warranty Protection – Peace of mind from day one
How do I know this is right for me?
Do you want to quit renting?
Do you want to buy a new home without YEARS of saving?
Do you want to avoid fixing an older home?
Get Started
Submit the form and a representative will contact you with next steps.
Frequently Asked Questions:
1. Do I really not need a down payment?
Yes — 100% financing programs allow eligible buyers to purchase a home with $0 down. If you meet the income and location requirements, you could move forward with no money down required.
See If You are eligible
2. Do I have to pay PMI (Private Mortgage Insurance)?
Some zero down loans do not require PMI. This saves you $100-$300+ per month compared to other low-down-payment options. Request our $0 Down Buyer Guide to learn more about your savings.
3. What areas in Minnesota qualify?
Many suburban communities and smaller towns qualify — not just rural farmland. This includes areas in Wright, Sherburne, Chisago, Isanti, Anoka (portions), and other counties. We can quickly check if your preferred location is eligible — Get Started.
See If You are eligible
4. What are the income requirements?
Income limits vary by county and household size. For example, a family of four may qualify with household income up to $110,000-$115,000 in many Minnesota counties. Submit the form and we’ll confirm if you meet the requirements for your area.
See If You are eligible
5. What credit score do I need?
Most lenders look for a credit score around 640 or higher, but we work with lenders who can often help buyers with scores as low as 580-620. Don’t let credit concerns stop you — let’s see what’s possible for your situation.
6. What happens after I submit the form?
We’ll contact you to review your situation and confirm eligibility. If you qualify, we’ll connect you with a trusted lender for pre-approval. No obligation and no credit check during the initial review.
Would you like to learn more about Zero Down Loans?
Enter your information below to receive a free $0 down loan guide.
$0 down financing is subject to buyer qualification, income limits, credit approval, property and location eligibility, and lender underwriting guidelines. Centra Homes is a home builder and is not a mortgage lender, mortgage broker, or loan originator. Centra Homes and our real estate broker/agents does not make loans, extend credit, or make credit decisions. All financing is provided by independent third-party lenders. Not all buyers will qualify. $0 down refers to 100% financing programs available through participating lenders for qualified applicants who meet all program requirements. Closing costs, prepaid items, escrow deposits, and other fees may still apply and are the responsibility of the buyer. Loan programs, rates, terms, and availability are subject to change without notice. Income and property location restrictions apply. This is not an offer to extend credit or a commitment to lend. For mortgage lending inquiries, you will be connected with licensed third-party lenders. Equal Housing Opportunity.
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