We have some great news for Michigan first time home buyers. MSHDA (Michigan State Housing Development Authority) is launching a new program, Step Forward, on October 8th. This new loan will provide $15,000 in down payment assistance when used in conjunction with a MSHDA loan. First, what [...]
Fannie Mae and Freddie Mac, are actively seeking ways to better underwrite self-employed and "gig-economy" mortgage applicants. What is the Gig Economy? The gig economy consists of workers who are self-employed, small business owners or entrepreneurs that do not have the traditional income and W-2s [...]
Can't Afford a Down Payment? Michigan Down Payment Assistance May Help So you have found the perfect home, your credit is in good standing and you have no problem making the monthly payments. Only there is one problem - you do not have enough money [...]
Oakland County Mortgage Lender Explains Benefits of Buying in the Fall Although spring is the most popular time for homebuyers, September and October may be the perfect time to fall in love with your new home. Houses that didn’t sell during the spring and summer will [...]
