MI First Home

Home for Sale

Homebuyers - MI First Home Program

MSHDA offers programs that assist both first-time homebuyers and repeat buyers in Targeted areas with Down Payment Assistance up to $7,500. These funds can be used towards the down payment, closing costs, taxes and insurance that are due at closing. This greatly reduces the cash needed to close on a home purchase.

MSHDA Eligibility requirements include:

  • A minimum credit score of 640 is required or 660 for multiple-section manufactured homes permanently affixed to a foundation, built after June 14, 1976 and taxed as real estate (not located in a rent/lease community).
  • Property type restricted to Single Family Owner Occupied residence.

Please contact an Experienced MSHDA Loan Officer today to learn about additional eligibility requirements.

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