First-Time Home Buyer Guide
Your comprehensive guide to buying your first home in Michigan. We'll help you navigate the process with confidence.
Programs for First-Time Buyers
FHA Loans
Government-backed loans with low down payment requirements
- Down payments as low as 3.5%
- Flexible credit requirements
- Competitive interest rates
- Available to most first-time buyers
Michigan Down Payment Assistance
State programs to help with your down payment
- Up to $7,500 in assistance
- Available for eligible buyers
- Can be combined with other programs
- Flexible repayment terms
Conventional 97
Traditional mortgage with low down payment options
- 3% down payment minimum
- No upfront mortgage insurance
- Available to qualified buyers
- Competitive rates
Your Path to Homeownership
Check Your Credit
Review your credit report and score, address any issues, and understand what lenders will see.
Save for Down Payment
Start saving early and explore down payment assistance programs available in Michigan.
Get Pre-Approved
Know your budget and show sellers you're serious about buying.
Find Your Home
Work with a real estate agent to find the right home in your preferred area.
Make an Offer
Submit a competitive offer with guidance from your real estate agent.
Close the Deal
Complete the purchase process with help from your mortgage team.
Free Resources for First-Time Buyers
Homebuyer Education
- Online homebuyer courses
- Financial planning tools
- Mortgage glossary
Expert Guidance
- One-on-one consultations
- Local market insights
- Program eligibility review
Ready to Start Your Homebuying Journey?
Our mortgage experts are here to guide you through every step of the process.