r.rebeccacar…, Home Buyer in Detroit, MI

Is there such a thing as financing for a Homepath loan for less than 30k? I have a sizable down payment/closing costs.

Asked by r.rebeccacarter, Detroit, MI Tue Dec 10, 2013

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6
Brian Kurtz, Agent, Dearborn, MI
Tue Dec 10, 2013
Rebecca - a loan in that range is going to probably fall into one of the MSHDA programs and so you'll need a loan officer knows the MSHDA guidelines.

You can start researching who this program works the official MSHDA page on Michigan.gov right here: https://www.michigan.gov/mshda/0,4641,7-141-45866-165004--,00.html
Web Reference:  http://plymouthhomes.tv/
1 vote
thanks for this information!
Flag Tue Dec 10, 2013
thanks or this information!
Flag Tue Dec 10, 2013
Andy Hargrea…, Agent, Plymouth, MI
Tue Dec 10, 2013
You'll be hard pressed to find someone local that can do loans of that size.
If you message me, I can recommend someone that I believe can do that size loan.

Thanks
1 vote
Aaron B. Lew…, Agent, Detroit, MI
Mon Jun 1, 2015
Rebecca,

I agree with Andy and the reason why as I understand it is because they don't make enough in fees to cover their cost.

That is why I believe we are seeing such an increase in seller financing at the <50k range.

Any other questions about how to acquire a home under 30k call or email me
Web Reference:  http://www.aaronblewis.com
0 votes
Jeremy Alexa…, Agent, Detroit, MI
Mon Jun 1, 2015
We have mortgage lenders that can finance amounts around 30,0000. You should be aware that the actual homeopath loan no longer exist. So you would have to get an conv, FHA or FHA 203k
0 votes
Gwendolyn We…, Agent, St Clair Shores, MI
Wed May 13, 2015
I have a loan officer that will finance a loan for less than $30k. email me at http://www.gwest@kw.com my website is http://www.gwest.yourkwagent.com; and we can discuss the home you are trying to purchase or find a home that you want to buy and finance.
0 votes
Delores Good…, Agent, Detroit, MI
Wed Dec 11, 2013
Check Homepath.com for a lender. Then call me to help you find a home.
A Real Detroit Realtor
Delores Goodson 313-575-2336
goodsonrealtor@yahoo.com
Front Page Realty
2921 E Jefferson
Detroit, MI 48205
0 votes
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