Assistance program · Michigan
MI 10K DPA Loan
Michigan state agency loan of up to $10,000, with no interest and no monthly payments, for the down payment, closing costs and prepaid expenses; it goes with MSHDA's MI Home Loan mortgage and is repaid in certain cases, such as when you pay off the first mortgage, sell or refinance the home, or no longer live in it
At a glance
- Most it gives, per the source
- Up to $10,000
- What its page says; your amount depends on the price and the loan.
- Kind of help
- Deferred
- Second loan with no payments until you sell or refinance
- First-time buyer?
- Not stated — ask
- The source does not say whether you must be a first-time buyer
- Minimum credit score
- 640
- The minimum the source asks for; a lender may ask for more.
- Checked
- November 5, 2026
- Against the program's official page.
Type of help
What it is
- Second loan with no payments until you sell or refinance
What it gives
Up to $10,000
Source text
providing up to $10,000 toward down payment, closing costs, and prepaid expenses. … comes in the form of an interest-free loan. … No monthly payments … Repayment of the loan is deferred until certain events, such as payoff of the first mortgage, the sale or refinance of the home, or when the home is no longer owner-occupied. A summary of what the program publishes; not a loan offer or advice. Amounts, limits and funding change without notice.
At a glance
Who qualifies
Each answer comes from the program's page. "Not stated — ask" means its page doesn't make it clear: ask before you apply.
Source text
Must be combined with a MSHDA MI Home Loan … Homebuyers must contact a MSHDA approved lender to apply … A homebuyer education certificate of completion is required for all homebuyers … Available to first-time homebuyers (have not owned a home in the previous three years) statewide and repeat homebuyers in targeted areas. … Household income limits apply and can vary depending on family size and property location. … Sales Price limit - $566,355 after June 1, 2026, statewide. … Minimum credit score of 640 is required. - First-time buyers only Not stated — ask
- Homebuyer course required Yes
- Minimum credit score 640
- Income limit Per the program table (by county and household size)
- Price limit $566,355
- Mortgages it works with Not stated — ask
- Immigration requirement Not stated — ask
- Accepts ITIN? Not stated — ask
- Spanish materials Not stated — ask
- Program status The source does not say whether it is open — ask
- Where it applies All of Michigan
What its page says about being open
Its page does not say whether the program is open or has funds. Ask the lender or the agency before counting on it. Read on the official page on November 5, 2026.
Your area in numbers
What buying costs in Michigan
The program covers all of Michigan. The first column is Michigan's figure; the second runs from the lowest to the highest among its counties. Limits change by county: check yours.
The program's maximum price, $566,355, is 145% above the typical home value in Michigan ($231,600).
The typical home value ($231,600) fits within Michigan's FHA limit ($541,287).
The program sets its income limit in its own table. For reference, HUD's low-income limit for 4 people in Michigan is $66,900.
| Figure | Michigan | Lowest to highest | Source |
|---|---|---|---|
| Typical home value | $231,600 | $107,200 (Gogebic County) to $458,400 (Leelanau County) | U.S. Census Bureau |
| FHA limit (one-unit home) | $541,287 | $541,287 in all 83 counties | HUD |
| Conforming limit (one-unit home) | $832,750 | $832,750 in all 83 counties | FHFA |
| HUD low income (80%), household of 4 | $66,900 | $66,900 (Alcona County) to $106,800 (Washtenaw County) | HUD |
Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024) · FHA mortgage limits (HUD) (2026 data) · Conforming loan limits (FHFA) (2026 data) · Income Limits (HUD) (Fiscal year 2026)
Step by step
How to use it, step by step
Each step comes from what the program's page says. What its page leaves out is further down, in the questions.
Find a participating lender-
Ask first whether it is open
Its page does not say whether it is open or still has funds. That is the first thing to ask.
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Find your county in the income table
The limit changes with the county and the number of people in your household. Count the income of everyone the program asks you to add.
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The home cannot cost more than $566,355
That is the maximum price the program publishes. Compare it with your area's typical home value in the table above.
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Take the homebuyer course
The program requires it. HUD-approved housing counseling agencies teach courses. Michigan has 59 agencies on HUD's list, and 17 serve people in Spanish.
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Check your score: the published minimum is 640
That is the program's minimum; the lender may ask for more. If you are short, a housing counselor can explain how to raise it.
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Find a participating lender: state programs do not take applications directly; the lender reserves the assistance while processing your mortgage.
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Compare the total cost before you sign
Ask about the total cost. The mortgage with assistance may carry a higher rate than without it, and some programs charge for the course or a fee.
Before you call
What to ask
Its page leaves 6 points unclear. Write them down for when you talk to Michigan State Housing Development Authority.
What its page does not say
- Is it open now, and does it still have funds?
- Is it only for first-time buyers?
- Which mortgage types does it work with: FHA, VA, USDA or conventional?
- Which immigration status or residency documents do you ask for?
- Do you accept an ITIN?
- Do you have materials or staff in Spanish?
Worth asking for this kind of help
- When is the second loan repaid: when I sell, refinance or pay off the mortgage?
Against the others
How it compares with Michigan's other programs
The 2 programs we checked in Michigan, with the same fields from their official pages. "Doesn't say" means its page does not make it clear.
It is the only one of Michigan's 2 programs whose page does not say whether you must be a first-time buyer. It is the only one that publishes an amount with the figure in its own wording. It is the only program in Michigan on our list with "deferred" help. It is the only one that requires a homebuyer course.
Swipe the table to see every column.
| Program | Kind of help | Published amount | First-time buyers only | Course required | Accepts ITIN | Where it applies |
|---|---|---|---|---|---|---|
| MI 10K DPA Loanthis program | Deferred | Up to $10,000 | Doesn't say | Yes | Doesn't say | Statewide |
| Mortgage Credit Certificate (MCC) | Tax credit | Not published | Yes | Doesn't say | Doesn't say | Statewide |
Sources
How we checked this program
We read the program's official pages on November 5, 2026 and copied their text as it appears on them. We add no amounts or requirements those pages do not state, and a program is listed as open or closed only when its page says so.
We check every program again. If more than 180 days pass without a check, the page says so.
Get free help applying
A HUD-approved housing counselor explains the program's requirements, goes over your numbers and tells you what to ask the lender. They do not sell loans.
Find a counselor (HUD)Read before you apply
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Help and programs
Down payment assistance: how it works
What down payment assistance is, the types that exist (grant, forgivable or deferred second loan, tax credit), who qualifies and where to find it.
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Help and programs
Homebuyer education courses: when you need one
What a homebuyer education course is, when Fannie Mae, Freddie Mac and assistance programs require one, and where to take it for free or in Spanish.
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Help and programs
HUD housing counselors: what they do and what they cost
What a HUD-approved housing counselor does, what they help with (buying, renting, missed payments, credit), what they may charge and how to find one.
Your county
Price and income limits depend on the county. Your county page has the typical value, the FHA limit and the counseling agencies that can walk you through the application.