Blog

July 18, 2024
MSHDA Loan Requirements and Guidelines

MSHDA Loan Requirements and Guidelines for MI Home Loans

Are you looking to buy a home in Michigan? The Michigan State Housing Development Authority, MSHDA, loan program is the key to making that goal achievable. Navigating the world of home loans can be confusing, but MSHDA aims to simplify the process.  Whether you’re struggling […]
June 17, 2024
When Is Your First Mortgage Payment Due After Closing?

When Is Your First Mortgage Payment Due After Closing?

You just bought your house. Your next step is to set up your future payment schedule. But when exactly is that first payment due? Knowing this can help you plan your budget more effectively, ensure you’re prepared for your first payment, and avoid late payment […]
June 12, 2024
MSHDA Income and Sales Price Limits 2024

MSHDA Income and Sales Price Limits 2024

The Michigan State Housing Development Authority (MSHDA) sets specific income and sales price limits to ensure that its housing assistance programs are targeted toward those who need them most. These limits help maintain the affordability and accessibility of housing for low—and moderate-income families across Michigan. […]
May 7, 2024
MI Home Loan and Home Loan Flex

MI Home Loan and Home Loan Flex | MSHDA

Homeownership is a foundational aspect of achieving financial stability for many individuals and families. In Michigan, this goal is supported by the Michigan State Housing Development Authority (MSHDA), which aims to provide affordable housing options and necessary financial support to Michigan residents. As a state-established […]