Musixmatch Premium. MI Home Loan The MI Home Loan program is a mortgage product that is available to first-time homebuyers state-wide and repeat homebuyers in targeted areas. All homebuyers work directly with a participating lender. To determine eligibility please contact an ( An Experienced Lender has completed at least one MSHDA Loan in the last six months.) Program Description: • Michigan Down Payment up to $7,500. ( class required.) • Available to first-time homebuyers (have not owned a home in the previous three years) statewide and repeat homebuyers in. • apply and can vary depending on family size and property location. • Sales Price limit - $224,500 statewide.

• Minimum credit score of 640 required or 660 for multiple-section manufactured homes. Resources: • 6 • • • •.

Find first-time homebuyer programs and loans that can help you enter the market with confidence. Learn homebuying tips, tools, and information with Wells Fargo.