Royal Oak (City in Oakland County)

Royal Oak (City in Oakland County)

March 02, 20263 min read

Down Payment Connect Contact Confirmation

After viewing your Down Payment Connect page and searching for Royal Oak (City in Oakland County), the following prospective homebuyer received a preliminary determination of eligibility for 18 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

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

Community Housing Network (CHN) Oakland County Homeownership Program **
2nd Mortgage, up to $25,000 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

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

Copyright © 2008-2026 Down Payment Resource®.
1984 Howell Mill Road, Unit 20467, Atlanta, GA 30325


Please note:

  • Decisions are made by the administrators of each of these programs, and eligibility requirements pertaining to the borrower and the property are subject to change.

  • Any individual lender may not offer all of the programs for which you may be eligible.

  • Any communication provided to you by Workforce Resource LLC and/or Realcomp II Ltd. and/or John Collins is for informational purposes only and should not be relied upon. Neither Workforce Resource LLC nor Realcomp II Ltd. nor John Collins is a mortgage lender or administrator of any down payment assistance programs. You should contact the administrator of any assistance programs directly to learn more about program features and eligibility criteria.

Author of "No Down Payment? No Problem!", helping renters become homeowners regardless of financial challenges for 15 years.

John Collins

Author of "No Down Payment? No Problem!", helping renters become homeowners regardless of financial challenges for 15 years.

LinkedIn logo icon
Instagram logo icon
Youtube logo icon
Back to Blog