MSHDA’s Homeownership division provides a variety of programs and products for both homebuyers and homeowners. We can help if you’re trying to purchase a home, improve your current property or are facing foreclosure.


Whether you’re a first-time homebuyer or a seasoned veteran of the housing market, MSHDA has a mortgage product to meet your needs. Contact one of our Experienced Lending Partners today for more information! Simply click on one of our mortgage programs or the Mortgage Credit Certificate below to find a lender in your area.

Am I Eligible for a MSHDA Mortgage?

MI Home Loan Mortgage - Michigan Down Payment Available!MSHDA DPA banner
For first-time homebuyers or repeat buyers in targeted areas.

MI Home Loan Flex Mortgage - Michigan Down Payment Available!
For first-time and repeat homebuyers looking for more flexibility in a mortgage.

Step Forward Down Payment Assistance (DPA) Loan | Flyers - Federally-funded, forgivable and offered in 61 eligible zip codes in 10 Michigan counties. Step Forward has allocated $20 million to the Step Forward DPA program. Funds are limited and are available on a first-come, first-served basis. The down payment assistance is $15,000 and must be used in conjunction with a MSHDA MI Home Loan.

Step Forward DPA can be used toward the down payment, closing costs, and prepaids/escrows on the purchase of a single-family principal residence. The balance of the $15,000 (if applicable) must be used to reduce the MSHDA MI Home Loan first mortgage principal balance.

Mortgage Credit Certificate (MCC)
Homebuyer federal tax credit – available for up to 30 years after purchase!

Individual Development Account
Matched savings account to help low-income families save for homeownership, education, or a business.

Housing Education Program
Housing education, classes and workshops.



Help for Homeowners
Forgivable loans for distressed homeowners, foreclosure prevention counseling and resources, understanding the stages of foreclosure.

Property Improvement Program (PIP)
Home improvement loans for income qualified homeowners.

Stages of Foreclosure

Contact Homeownership