WebMichigan First-Time Home Buyer Savings Program to financial institutions and potential home buyers to publicize the availability of the Program. Senate Bill 512 would amend the … WebFeb 10, 2024 · Under the program, Michigan residents can open homebuyer savings accounts for the purpose of purchasing single-family homes. All contributions, accrued …
First-Time Homebuyer Programs in Michigan - NewHomeSource
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Michigan First-Time Homebuyers Program - FHA
WebProgram Description: Available to first-time homebuyers (have not owned a home in the previous three years) statewide and repeat homebuyers in targeted areas. Household income limits apply and can vary depending on family size and property location. Sales … WebSep 4, 2024 · MI Home Loan is designed for first-time home buyers with low to moderate income. Borrowers need a credit score of at least 640 on the FICO® scale to qualify. For … WebThe Michigan First-Time Home Buyer Savings Program was created to assist first-time home buyers with the purchase of their Michigan principal residence. Accounts created in connection with the First-Time Home Buyer Savings Program may be used for the payment or reimbursement of eligible costs for the purchase of a single-family residence in ... grey ford focus 2014