Down payment assistance
Saving for a down payment is tough. Help may exist.
If saving up feels like filling a bathtub with a teaspoon, you are not alone. Many states, cities and nonprofits offer assistance for homebuyers, including options in Michigan. Whether you may qualify depends on where you are buying and your personal situation, and I will help you sort it out.
The basics
How assistance programs generally work
This is general education, not a promise of any program. Availability, rules and funding change often, and every program has its own requirements.
Different forms
Assistance may come as a grant, a forgivable loan or a deferred loan that is repaid later. Each type works differently, so it is worth understanding the fine print.
Location matters
Many programs are tied to a specific state, county or city, and some have limits on income or purchase price.
Extra steps
Some programs require a homebuyer education course or have their own approval process. Planning early helps keep your timeline on track.
Next step
Let's find out what is out there
Send me the area you are shopping in and a rough idea of your budget. I will look at what may be available and walk you through the pros and cons, including whether skipping assistance might actually be simpler for you.
Call or text 313.246.8977