Looking for a home in Michigan? Down payment assistance programs can provide much-needed financial support. The MI 10K DPA Loan Program from the Michigan State Housing Development Authority (MSHDA) offers Michigan homebuyers down payment and closing cost assistance.
The loan program is part of MSHDA’s broader efforts to promote affordable housing and homeownership opportunities throughout the state of Michigan. By providing financial assistance, the program aims to stimulate the real estate market and contribute to the economic well-being of Michigan communities.
The MSHDA’s MI 10K DPA Loan Program has recently undergone modifications to further enhance its benefits for current and prospective Michigan homeowners. The program offers numerous advantages to individuals and families seeking homeownership in Michigan.
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Give us a call to see if the MI 10K DPA loan program can benefit you today. Call 1-866-532-0550 or use our easy-to-use digital preapproval app. It takes as little as 15 minutes.
The MI 10K DPA Loan Program is an excellent option for homebuyers looking to reduce financial stress and invest in eligible neighborhoods. Let’s explore the benefits that come with taking advantage of down payment assistance plans.
Down payment assistance programs, such as the MI 10K DPA Loan, can significantly reduce the financial barriers faced by potential homebuyers. By offering monetary support for upfront expenses, such as down payments and closing costs, these programs enable more people to achieve homeownership while promoting economic growth within local communities.
If you’re interested in taking advantage of MSHDA’s upgraded offer, the first step is to find a participating lender or mortgage officer who can guide you through each step of applying for and securing an MI 10K DPA loan. They’ll provide essential information about eligibility requirements and ensure that all necessary documentation is submitted correctly.
If you’re interested in learning more about Michigan Down Payment Assistance programs or applying for a loan, contact our team of experts today. Mortgage 1 has been the top MSHDA lender since 2013 and is ready to help. Contact us now to get started on your journey toward homeownership!