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MI Home Loan

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

Program Description:

  • 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 is required.

Down Payment Assistance available