wyandotte-mi-homeownership-guides

Wyandotte (City in Wayne)

February 20, 20262 min read

Down Payment Connect Contact Confirmation

After viewing your Down Payment Connect page and searching for Wyandotte (City in Wayne County), the following prospective homebuyer received a preliminary determination of eligibility for 16 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) 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

National Faith HomeBuyers - Wayne County Down Payment Assistance Program
2nd Mortgage, up to $13,999 assistance

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

Affordable First Mortgages

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

Tax Credits

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


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.

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