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USDA Renovation Loan

The USDA Renovation loan has all the same great benefits as the USDA Rural Housing program loan and allows you to wrap your renovation costs into the mortgage.

  • No down payment option
  • Finance renovation costs into your mortgage for one monthly payment
  • Great way to handle any appraiser required repairs
  • Available to low and moderate-income rural households
  • Income and geographical limits apply

Check Property Eligibility Learn More Renovation Loan Process

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HOW TO GET $10,000 TOWARD YOUR DOWN PAYMENT IN KALAMAZOO

HOW TO GET $10,000 TOWARD YOUR DOWN PAYMENT IN KALAMAZOO: THE MSHDA MI 10K DPA PLAYBOOK!

Are you ready to stop paying your landlord’s mortgage in Kalamazoo or Portage, but saving $10,000 to $15,000 for a down payment and closing costs feels like trying to run through wet cement?

Yesterday morning, a first-time home buyer walked into my office. They hold steady employment at a local healthcare system, maintain clean credit, and pay $1,650 every single month in rent.

Over the weekend, they toured a great starter home listed at $220,000 near Milwood.

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