Foreclosures

A mortgage foreclosure can affect renters as well as property owners. Foreclosures sometimes, but not always, involve the Court as part of an eviction case or other civil action to enforce the foreclosure.

*New!* HomeHelpMN is a program offered through MN Housing to help if you have fallen behind on your mortgage or other housing-related expenses due to the pandemic. While there is no specific application deadline, homeowners with past-due expenses are encouraged to apply as soon as possible due to limited funds. The program will accept requests for assistance as long as the program has funds available. 
 

Laws & Rules on Foreclosure

• MN Statutes Ch. 580 Mortgages; Foreclosure by Advertisement

You should talk with a lawyer to get advice on how the laws and rules may affect your case.

Foreclosure Resources

• Consumer Financial Protection Bureau (CFPB) (Federal agency that helps people deal with financial services - banking, credit cards, loans, mortgages, etc.)
• Foreclosure Assistance (MN Attorney General's Office)
• Foreclosure for Homeowners (LawHelpMN.org)
• Foreclosure for Renters (LawHelpMN.org)
• Foreclosure Resource Center (Federal Reserve Bank of Minneapolis)
• Foreclosure Resources Nationwide (American Bar Association)
• How to Postpone a Foreclosure/Sheriff's Sale in Minnesota (online form tool, MLSC)
• Legal Fact Sheet: "When Your Landlord Loses a Building to Foreclosure"
• MN Homeownership Center
• How to Postpone Foreclosure (MN Home Ownership Center)
• Real Estate Forms (MN Dept. of Commerce)
  • Quit claim deed, contract for deed, mortgage forms, liens, etc. These forms are also called "Uniform Conveyancing Blanks."
• Tenants Dealing with a Foreclosure (HOME Line website)