Get down payment help from MSHDA
A grant from the State of Michigan could get you up to $7,500 for help with purchase of your new home.
How much will you need?
MSHDA requires that you put down 1% of the purchase price towards the transaction. That’s only $1,000 for a $100,000 house.
What are the credit requirements?
Buyers will need a minimum FICO of 640 and no open collections.