Eagan's housing market is experiencing steady growth, with a median home price of $370,000. The local market offers a range of housing options, from starter homes to luxury properties. Our loan officers can provide you with current market data and help you find the perfect home.

• Steady growth: Eagan's housing market is expected to continue growing, making it a great time to invest in a home.
• Affordable options: Eagan offers a range of affordable housing options, including starter homes and condos.
• Competitive market: The Eagan housing market can be competitive, but with NMHL pre-approval, you can gain a competitive edge.

Eagan has several desirable neighborhoods, each with its own unique character and amenities. Some popular neighborhoods include:

• Downtown Eagan: A vibrant downtown area with shops, restaurants, and entertainment options.
• Central Eagan: A family-friendly neighborhood with parks, schools, and community amenities.
• South Eagan: A growing neighborhood with new developments and easy access to highways.

Property taxes in Eagan average approximately 1.08% of assessed value. This translates to manageable monthly costs when factored into your mortgage payment. Our loan officers can help you understand how property taxes will impact your mortgage payment and provide guidance on how to factor them into your budget.

• Manageable costs: Eagan's property taxes are relatively low compared to other areas in Minnesota.
• Impact on mortgage payment: Property taxes can impact your mortgage payment, but our loan officers can help you understand how to factor them into your budget.

Eagan is served by several school districts, including Eagan Public Schools and South Washington County Schools. The quality of local schools can impact home values and resale potential. Our loan officers can provide you with information on the local school districts and help you understand how they may impact your mortgage and homeownership experience.

• Quality schools: Eagan's school districts are highly rated, making it a great place to raise a family.
• Impact on home values: The quality of local schools can impact home values and resale potential.

NMHL offers several first-time homebuyer programs in Eagan, including FHA loans with 3.5% down and Minnesota Housing Finance Agency (MHFA) programs with down payment assistance. Our loan officers can help you explore these options and find the best program for your situation.

• FHA loans: FHA loans offer low down payment options and flexible credit requirements.
• MHFA programs: MHFA programs offer down payment assistance and other incentives for first-time homebuyers.

NMHL offers several programs for underserved borrowers, including self-employed individuals, veterans, and those with bad credit. Our loan officers can help you explore these options and find the best program for your situation.

• Self-employed borrowers: NMHL offers mortgage programs for self-employed borrowers, including bank statement loans and asset-based loans.
• Veterans: NMHL offers VA loans with favorable terms and conditions for eligible veterans.
• Bad credit borrowers: NMHL offers specialty loan programs for borrowers with less-than-perfect credit.