Detroit (City in Wayne County)

Down Payment Connect Contact Confirmation

Searching for Detroit (City in Wayne County), the following prospective homebuyer received a preliminary determination of eligibility for 21 DPA programs and up to $25,000 in down payment help. The prospect requested to be contacted for help.

Down Payment Programs

Michigan State Housing Development Authority (MSHDA) MI 10K DPA Loan
2nd Mortgage, up to $10,000 assistance

Michigan State Housing Development Authority (MSHDA) MI 10K DPA Loan - Targeted
2nd Mortgage, up to $10,000 assistance

Michigan State Housing Development Authority (MSHDA) First-Generation Down Payment Assistance Program (FGDPA) *
Combined Assistance, up to $25,000 assistance

Arcasa Energy-Integrated Mortgage Program
2nd Mortgage, up to 6% of Purchase Price in assistance

CBC Mortgage Chenoa Fund - FHA Forgivable DPA
Combined Assistance, up to 5% of Purchase Price in assistance

CBC Mortgage Chenoa Fund - FHA Repayable DPA
Combined Assistance, up to 5% of Purchase Price in assistance

National Homebuyers Fund (NHF) - Data Mortgage, Inc. dba Essex Mortgage 10 Year Amortized 2 Plus
Combined Assistance, up to 5% of Purchase Price in assistance

National Homebuyers Fund (NHF) - Data Mortgage, Inc. dba Essex Mortgage Forgivable/Deferred Program
Combined Assistance, up to 3.5% of Purchase Price in assistance

Federal Home Loan Bank (FHLB) of Indianapolis - Launch – Down Payment Assistance **
Grant, up to 20% of Purchase Price in assistance

Compass Working Capital Down Payment Assistance (DPA) Grant
Grant, up to $20,000 assistance

Faith In Girls (FIG) Homebuying Program
Grant, up to $20,000 assistance

Appleton Housing Authority (AHA) - SECURA Employer Assisted Housing Grant
Grant, up to $5,000 assistance

CHN OH - Detroit Scattered Site DPA Program **
2nd Mortgage, up to $10,000 assistance

National Faith Homebuyers - City of Detroit Down Payment Assistance Program **
2nd Mortgage, up to 50% of Purchase Price in assistance

Affordable First Mortgages

Michigan State Housing Development Authority (MSHDA) MI Home Loan
1st Mortgage

Michigan State Housing Development Authority (MSHDA) MI Home Loan - Targeted Areas
1st Mortgage

Tax Credits

Michigan State Housing Development Authority (MSHDA) Mortgage Credit Certificate (MCC)
Mortgage Credit Certificate

Michigan State Housing Development Authority (MSHDA) Mortgage Credit Certificate (MCC) - Targeted Areas
Mortgage Credit Certificate

Other Homeownership Programs

Michigan State Housing Development Authority (MSHDA) Housing Choice Voucher, Key to Own Homeownership Program
Housing Choice Voucher
The PHA usually uses its normal voucher program payment standard schedule to determine the amount of subsidy to go toward the mortgage. Homeownership assistance payments will be made directly to the lender.

Susan's Savings First Time Home Buyers Program
Matched Savings Program, up to $7,000 assistance

Detroit Housing Commission Housing Choice Voucher (HCV) Homeownership Program
Housing Choice Voucher
The Detroit Housing Commission (DHC) Housing Choice Voucher rental to homeownership program offers financial assistance to pay toward a mortgage payment instead of rent to eligible low-income families. Under this program, families pay no more than 30% of their gross monthly income.

Note:
* indicates that applications are currently waitlisted
** indicates the program is temporarily out of funds