First-Time Home Buyers
Everyone deserves to have a place of their own
Now could be an ideal time to buy your first home in Michigan and our First-Time Home Buyer Program is ideal if you have a high credit score. We'll help you along each step of the way when buying your first home.
- No income limits for borrowers
- Loan amounts up to $766,550
- Financing for primary residences only
- Fixed-rate loans mean stable monthly payments
- Lock in your interest rate for the first three months while you shop for your home
- Receive personalized service from an experienced Mortgage Consultant
What is the First-Time Home Buyer Program?
Run the numbers on your first mortgage loan.
First Time Homebuyers FAQs
A person can qualify to buy a house at the age of 18 if they meet other criteria such as debt-to-income ratio, credit score, etc.
This program allows you to put down as little as 5%. A larger down payment can generally lead to a lower monthly payment and a better interest rate. Our Mortgage Lenders will work with you to find the best options for you budget.
Our team of licensed and experienced professionals will combine their experience with your goals to find a unique financing solutions that fits. Get a fast pre-approval when you contact us today so you know your budget before beginning your home search.
Yes! If you haven't owned a home in 3 years or more, you may still qualify for this loan.
If you are looking to purchase your first home, we highly recommend contacting a Realtor. Having a Realtor working for you and not the seller will ensure you are the top priority. Your Realtor will guide you every step of the way on what to do next so that you get the home of your dreams. If you want to start with a Realtor who has proven results with members, ask our Mortgage Lenders for recommendations.
Private mortgage insurance (PMI) is a form of mortgage insurance that may be required with certain types of loans. If you default on your loan, PMI protects your lender. For this program, PMI is not required!
Your first home can be within reach.
The calculator tools are not guarantees of credit. Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes.