<br>For many low-to-moderate income homebuyers, saving money for a down payment can be a challenge. Let the Michigan State Housing Development Authority (MSHDA) help you "close the deal" with our Down Payment Assistance Program. See a participating lender for details. <br> <br>PROGRAM HIGHLIGHTS <br>Zero-interest, non-amortizing loan with no monthly payments. <br>Maximum assistance is $7,500. <br>Available with MSHDA's FHA, Rural Development or 97 percent Conventional first mortgage. <br>Funds may be used for down payment, closing costs, prepaid/escrow expenses and a home inspection performed by a licensed home inspector. <br>The loan is due upon sale or transfer of the property or if the first mortgage is refinanced or paid in full. <br> <br><br/><br/>Listing Agent: CAROL BAKER
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