Minnesota Urban and Rural Homestead Program (MURL)
Minnesota Urban and Rural Homestead Program (MURL) is a program for low- to moderate-income families, considered “at risk” first-time homebuyers, who are unable to purchase a home through traditional financing. First-time homebuyers in the MURL Program can include individuals who previously owned a home with a spouse or significant other and are separated or divorced, individuals who have not owned a home in the last three years or who have never owned a home.
MURL Program Homes are sold on a 30 year contract for deed at 0% interest with no down payment required. Buyers must pay 25% of their gross monthly income as the monthly house payment. Hazard insurance and property taxes are escrowed and are included in the 25% payment.