Michigan MI Home Loan Down Payment Assistance

Michigan State Housing Development Authority (MSHDA)

Available Down Payment

About This Program

MSHDA provides down payment and closing cost assistance for first-time homebuyers in Michigan. Offered as a 0% interest, forgivable loan when paired with a MSHDA first mortgage loan.

Down payment assistance loan, forgiven after 5 years

Key Details

  • Up to $7,500 for down payment and closing costs
  • 0% interest, forgivable loan
  • Must be paired with MSHDA first mortgage
  • For first-time homebuyers
  • Income limits apply

How to Apply

Get free help applying Visit Official Program Page Track this program

(517) 373-8370

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Deadline: Ongoing program

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