Your MSHDA Lending Experts!
Call us today to find out if you qualify for a MSHDA loan!
Current MSHDA Rate 6.0% (effective 8/4/08)
MSHDA Save the Dream Refinance program is now available. You do not have to be in an Adjustable Rate Mortgage to qualify. The rate is 6.625%, 7.0% or 7.25% for a 30-year fixed mortgage depending on loan to value and credit score. Statewide the income limit per household is $108,000. Call us today to find out if you qualify!
Make up to $73,080 as a 1-2 person household and up to $85,260 as a household of 3 or more if buying in the City of Grand Rapids
Purchase price limit ranges from $195,000-$224,500 depending on location
Can have prior ownership within 3 years if buying in a targeted location
Down-payment assistance available when meeting income guidelines
MSHDA-paid inspections available when qualifying
Many other MSHDA product features available including FHA, VA and Rural Development
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