Getting Started with a MSHDA Mortgage Dreaming of owning a home? MSHDA has many different loan programs to help you become a homeowner. These programs include down payment assistance, and friendly Housing Counselors who will give you straight answers to your home buying questions. At MSHDA, we are ready to help you become a homeowner. Let's get started - together.
Down Payment Assistance For many low-to-moderate income homebuyers and persons with disabilities, saving money for a down payment can be a challenge. Michigan State Housing Development Authority (MSHDA) has programs to help you buy your dream home sooner.
Mortgage Credit Certificate (MCC) Program MSHDA's MCC Program allows a federal tax credit to new, qualified homebuyers. Homebuyers taking advantage of the MCC Program may qualify for 20% of their annual mortgage interest paid to be credited against their year-end tax liability. Find out how to qualify for this great program!
Homeownership Counseling Programs Homebuyer education and counseling classes are available to those considering home purchase or to homeowners through MSHDA's Homeownership Counseling Program. Educational classes ensure that homebuyers and homeowners have a good understanding of their mortgage loan and the responsibilities of sustainable homeownership.
Michigan Select Cities Program Home Inspections and Property Checklist Down Payment Assistance Getting Started With a MSHDA Mortgage Interest Rates for MI First Home Loan Programs
Housing Education Find a Homeownership Counselor in Your Area StepForwardMichigan.org Step Forward Michigan Programs Stages of Foreclosure
Michigan Community Foreclosure Response Toolkit Individual Development Accounts Homeownership Publications Homeownership Related Links Find a Homeownership Counselor in Your Area Hardest Hit U.S. Treasury Reports Making Home Affordable Prevent Loan Scams Becoming a MSHDA Housing Education Partner The Reality of Recapture