I found a great deal on a home in Monroe, MI I am a single mother, and 1st time home buyer......are they any programs that would apply to me? I

Jmkmd
Home Buyer
48162

have saved some money for either the down payment or some closing costs.

Answers (1)
Michael E Thomp...
Broker
48182
FIRST ANSWER

You can always qualify for an FHA loan, which requires 3.5% down, and you can get you're closing cost credited to you. IF the house is in an area that qualifies you may be able to get a USDA Rural loan which would require 0% down.
Depending on you're income level you may qualify for another program as well. Feel free to email me anytime at thompgroup@gmail.com. I work and live here in Monroe County.

Mon Sep 28 2009, 08:34

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