MSHDA $10k Down Payment Assistance Program

We are excited to partner with the Michigan State Housing Development Authority (MSHDA) to offer qualified borrowers with $10,000 in down payment assistance, closing costs, and prepaid expenses. This program is helpful to members across the state in achieving their dream of homeownership.

Program Qualifications

  • First-time buyer and have had no ownership interest (sole or joint) in another property during the last three years
  • Repeat homebuyers may qualify if buying in a targeted area
  • Must complete homebuyer education course
  • Maximum sale price is $224,500
  • Asset limit is $20,000 (not including retirement savings)
  • Must meet household income requirements (includes all people 18+ living in the home)

For more information, visit MI 10k DPA Loan 

realtor

Our partner, Mortgage Center, is ready to help you achieve your home goals! Please fill out the form below and a home financing expert will be in touch.

By submitting your phone number, you are providing express written consent for Mortgage Center LC and its affiliates, agents, and service providers to contact you at that number regarding products or services, including via auto-dialed and/or prerecorded or artificial voice calls and text messages (SMS and MMS). You may also reach Mortgage Center at 800-353-4449 and we can assist you. Your consent is not required or a condition of any purchase. Message and data rates may apply. Mortgage Center is an Equal Housing Lender, NMLS# 282701.