Call (248) 674-6450 For an Instant Pre-Approval!

Are You Looking to Purchase Your First Home With Zero Down?

We're Dedicated to Making Your First Home Purchase as Easy & Stress Free as Possible!

Your 5-Star Mortgage Experience Includes...
  • A no-cost/no-obligation pre-approval...
  • Find out how much you can borrow...
  • Start house shopping today...
  • Answers to all your questions 24/7...
  • Access to the lowest rates possible...
  • We help buyers with credit issues...

Call (248) 674-6450 For an Instant Pre Approval

Zero Down Home Loans For First Time Buyers in Highland

If by chance you're a first time home buyer in Highland Michigan and you are looking for a 0 down mortgage, you will find you have several opportunities. All of these options have direct guidelines that have to be considered allowing you to put nothing down when purchasing your first house. Below you will find a several options available to first time home buyers in Highland Michigan.

The Michigan USDA Rural Development Loan

The first option for a 0 down payment home loan is the USDA's Rural Development mortgage. This home financing requires no down payment but is subject to an up front mortgage insurance premium and it also has geographic and income restrictions. Call Michigan Mortgage Solutions at 248-674-6450 and we'll let you know if the United States Department of Agriculture Rural Development home loan will work for you.

The Michigan USDA Rural Development Loan

Another thing to consider on zero down mortgage loans for first time home buyers in Highland Michigan is working with state programs such as the MSHDA. Michigan State Housing Development Authority has programs for down payment help which can be offered along with Federal Housing Administration loan financing. This financial aid could be $7,500 and will not require you to send any payment nor does it collect interest but it absolutely must be paid off should you want to refinance or sell the home. There happen to be other rules to the Michigan State Housing Development Authority down payment assistance program such as your loan amount and your gross income as it is created to assist buyers with low to moderate wages.

MSHDA Down Payment Assistance

The final resource available on zero down home loans for first time home buyers in Highland Michigan is to look up any federal money assigned to Highland for neighborhood stabilization programs. You could learn more on the programs that may be offered in your county by getting in touch with your countys community development municipality which will be easily found in Google.

If you are interested in zero down home loans for first time home buyers in Highland Michigan call 248-674-6450 today!

Accurate Mortgage Payment Calculations on The Go
Our mortgage app allows borrowers to calculate mortgage payments using up to date mortgage rates as well as accurate mortgage insurance premiums based on product and credit score

Designed with ease of use and accuracy in mind

Most mortgage calculators force users to input unknown data like mortgage rates or mortgage insurance. Without the correct data these calculations become worthless. Our app populates this data for the user based on up to date mortgage rates and accurate mortgage insurance quotes based on loan product and credit score.

Buit-in convenience within the admin area

The app has a really cool admin area that allows you to securely scan and send important mortgage documents right from your phone. No need for a fax machine or a scanner when our app will do the job.

Install on your phone for easy access 24/7

Our mortgage app can be installed by simply entering your mobile number and opening a text. Once installed, you'll have full access to the app and be able to perform unlimited mortgage calculations for any available mortgage product. This allows you to accurately compare different mortgage products on the go.

All mortgage calculations are saved

You can review any of your previous mortgage calculations from within the app. This makes it easier to compare different mortgage programs as well as other loan parameters. This can save you from running the same numbers over and over again.

Share this article

Leave a comment

Your email address will not be published. Required fields are marked *