How Michigan Homebuyers Can Receive Up to $10,000 in Assistance
If you're planning to buy a home in Michigan and are concerned about upfront costs, you’re not alone. Down payments and closing costs can be major hurdles — especially for first-time and moderate-income buyers. That’s why Kind Lending is proud to offer access to the MI 10K Down Payment Assistance (DPA) Program through the Michigan State Housing Development Authority (MSHDA).
What is the MI 10K DPA Program?
The MI 10K DPA Program is designed to help qualified homebuyers cover significant upfront costs, offering up to $10,000 that can be used toward:
This assistance comes in the form of a zero-interest loan with no monthly payments. Repayment is deferred until one of the following events occurs:
Key Program Benefits
Who is Eligible?
This program is geared toward low to moderate-income buyers who are purchasing a primary residence. Whether you're a first-time homebuyer or someone re-entering the market, the MI 10K DPA program can help you take that next step with greater financial confidence.
Why Work with Kind Lending?
As a MSHDA-approved lender, Kind Lending is here to walk you through the process, from determining your eligibility to closing on your home. Our team is experienced in navigating Michigan-specific loan programs and will make sure you understand every option available to you.
Ready to Learn More?
If you think the MI 10K DPA Program might be right for you, connect with our team today. We’ll help you review the program requirements, complete the necessary education, and get you prepped for a successful home purchase.
