See how owning a home can change your life.
First-time buyers can qualify for mortgage assistance.
Financing for owner-occupied homes
Cash for down payments and closing costs
Manufactured homes are eligible
Experience the best parts of Michigan, by making it your home.
Michigan's housing market has many attractive options. If you're ready to purchase your first home, you could qualify for financing that includes up to $7,500 in mortgage assistance. At Michigan First Mortgage, we work with the Michigan State Housing Development Authority (MSHDA), whose loans come with cash that can be put towards a down payment, closing costs or some types of insurance.
- Requires a minimum credit score of 640 for most homes and 660 for manufactured homes.
- Property must be single-family and owner-occupied. That means you and your family must live in the home as your primary residence.
- Purchase price maximum is $224,500. Income restrictions vary statewide and are determined by location and family size.
- Not a first-time homebuyer? You may be able to take advantage of the program if you're purchasing a home in designated counties.
Michigan First Mortgage is a division of Michigan First Credit Union, a full-service credit union with branches that are easily accessible around Metro Detroit, Grand Rapids and mid-Michigan.
