Michigan State Housing Development Authority
The MI Home Loan program is a mortgage product that is available to first-time homebuyers state-wide and repeat homebuyers in targeted areas. All homebuyers work directly with a participating lender.
To determine eligibility please contact an Experienced Participating Lender
Available to first-time homebuyers (have not owned a home in the previous three years) statewide and repeat homebuyers in targeted areas.
Household income limits apply and can vary depending on family size and property location.
Sales Price limit - $224,500 statewide.
Minimum credit score of 640 required or 660 for multiple-section manufactured homes.