Tag: down payment assistance

Down Payment Assistance to Buy a Home in Michigan with BorrowSmart

Posted on July 25, 2022 by - Buying a Home, First Time Home Buyer, Low Down Payment Loans, Mortgage Tips

Michigan BorrowSmart Down Payment Assistance Program

Buy a home using down payment assistance in Michigan with Freddie Mac’s BorrowSmart Program. Homebuyers below the Area Median Income (AMI) Limits can receive up to $2500 in down payment assistance. The program is available only for purchase loans being used as a primary residence.  Homebuyers may be eligible with a credit score of at… Read more »

Michigan First Time Home Buyer Grant | Free $3000 MSHDA Credit for first time home buyers

Posted on December 18, 2012 by - Buying a Home, First Time Home Buyer, Home Affordable Refinance Program

**This program has expired – please visit No Down Payment Mortgage for other options.** Homebuyer Assistance and HARP Refinance Grant Programs Due to the National Mortgage Settlement, Michigan received $97.2 million for the purpose of creating the Homeowner Protection Fund and has created 2 new programs for the mortgage industry. 1. HOMEBUYER ASSISTANCE – $15 million… Read more »