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Health & Fitness

Tired of renting? New down payment help program!

MSHDA or Michigan State Housing Development Authority has announced a down payment help program. How exciting! If you are currently renting or own your home but just don't have enough saved for a down payment on a new home don't worry! The new program is an FHA loan and you only need 1% down. How awesome is that? $7500 can also be allocated to cover the remaining costs of closing. There is a max sales price of $224,500 but in the local market that can get you a big, beautiful home!! We have lenders that we work closely with so if you would like any local recommendations please feel free to leave a comment below or send me a message. I will be happy to get you in touch with someone. 

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