Whether you're a first-time or an experienced homebuyer, the Michigan State Housing Development Authority (MSHDA) offers mortgage assistance that can be used toward a down payment, closing costs, or more. Hosted by Michigan First Mortgage's Chief Mortgage Lending Officer Dan Sugg, this half-hour seminar will help you understand the assistance programs available. Join our panel of industry experts as they provide valuable insights to guide you through your mortgage journey and answer your questions.
Topics of discussion may include, but are not limited to:
- What is MSHDA and how can they help?
- MSHDA down payment programs - $7,500 vs. $10,000
- Assets, down payment, and credit score requirements
- Appraisal guarantees
- Not just for first-time homebuyers