MSHDA Home Ownership Programs offer a unique opportunity for Michigan residents to achieve the dream of homeownership with the help of down payment assistance and favorable loan terms. This program is available to first-time homebuyers who have not owned a home in the past three years, statewide, and to repeat homebuyers in targeted areas, making […]
Tag: Mortgage Information
MSHDA Programs: New Pathways for Michigan Homebuyers
Michigan Governor Gretchen Whitmer approved new laws that strengthen MSHDA programs (Michigan State Housing Development Authority). These updates raise purchase price caps and adjust board rules. As a result, more people can buy a home—even in competitive markets. Why These MSHDA Updates Matter Many buyers feel shut out by steep housing costs. However, these changes […]
Tips for Buyers in a Seller’s Market
Don’t let your dream home slip through your fingers. A solid pre-approval letter will give you a leg up. Getting preapproved and having a dependable, air-tight written pre-approval from a respectable lender could never be more important than it is today. In what is called “a seller’s market” multiple offers are being made days and […]