Down Payment Assistance: An In Depth Look At The MSHDA Programs
May 2022 Lunch & Learn Event and Webinar
What is MSHDA?
MSHDA stands for Michigan State Housing Development Authority. MSHDA’s Homeownership division provides a number of different assistance programs for homebuyers. MSHDA works with both first-time homebuyers and move-up buyers.
Loan Programs Covered
Here is a list of loan programs we will discuss. During the event we will be talking about general qualifications, down payment requirements, credit scores, program restrictions, and ways we use each program to solve problems and jump thru hoops.
A key element in becoming a high preforming agent is education and training. Come learn from one of the best! Speaker Jeremy Drobeck was the number 2 producer in Southwest Michigan for MSHDA loans in 2021. He brings a wealth of knowledge on the topic. Jeremy has been successfully using this program to help home owners win in multiple offer situations. We want to help you in your journey so we are offering both a live event and zoom webinar for each of our lunch and learns this year. For more info on MSHDA right now click here. If you need help with anything between now and our next event don’t hesitate to reach out. Can wait to see you there!
Sign Up Today! |
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LIVE EVENTDate: May 11th Time: 12:00 – 1:30 Location: 5830 Venture Park Dr. Kalamazoo, MI 49009 Limited Seating. RSVP required. Box Lunch will be provided. Email bmiller@amerifirst.com to reserve your spot! |
ZOOM WEBINARDate: May 19th Time: 10:30 – 12:00 Zoom Meeting
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Follow this link for a list up other upcoming events
Latest Blog Post
The Family Opportunity Mortgage
Unlocking Homeownership: Supporting Loved Ones with the Family Opportunity Mortgage Program
For many, the dream of homeownership remains a significant milestone. But what if you could help a close family member achieve that dream, even if they face financial hurdles? The Family Opportunity Mortgage Program, often referred to as the Family Assist Program, is a specialized mortgage solution designed to do just that – empower families to support loved ones in purchasing a home.
What is the Family Opportunity Mortgage Program?
This unique program was created to address a common challenge: families who want to assist elderly parents, adult children with disabilities, or other qualifying relatives in buying a home, but where the assisting family member might not be able to occupy the home themselves, or where the assisted family member faces challenges meeting traditional mortgage qualifications alone. It essentially allows family members to secure financing for a loved one’s primary residence, often with more favorable terms than a standard investment property loan.