Wells Fargo Home Mortgage
If there are no grants available through the city or County, you may want to try one of the MSHDA products http://michigan.gov/mshda/0,1607,7-141-49317---,00.html You may have to qualify.
There is also a portfolio loan program offered by American Bank & Trust in Chicago (chartered in Iowa) that is a really nice a slightly less cumbersome alternative to the FHA 203K program (which is an excellent option for owner occupied rehab funding). However the program that is being offered by American Bank & Trust can be funded (money disbursed to your rehab contractors to perform or after they've performed their work) within 30-45 days as compared to the typical 90 days or so for FHA 203K loans. If I were you I'd contact Jesse Oliveros with American Bank & Trust at 773-793-7111 (cell) or at firstname.lastname@example.org. Good luck.
Broker Associate, Sudler Sothebyâ€™s International Realty
1634 E. 53rd St. 2nd Floor Chicago, IL 60615
773-418-0640 (mobile) 312-577-0985 (fax)
If you're purchasing a new home that needs repairs under 30K ,including appliances, you should look into an fha 203K streamline mortgage. I'd be more than happy to discuss it with you.
Loren T. Yates
VanDyk Mortgage Corp.