Michigan First Time Home Buyer Tax Credit. Contact mshda or a participating lender for details. For first time homebuyers or repeat buyers in targeted areas.
Must be law enforcement police officer teacher firefighter or emergency medical technician to qualify for this michigan first time home buyer program. The new homeowner s tax credit that many filers are familiar with is the first time homebuyer credit which was passed in 2008 under hera or the housing economic and recovery act under obama. The mortgage credit certificate program mcc provides a federal tax credit to first time home buyers throughout the state.
The mortgages feature fixed interest rates and low down payment.
The new homeowner s tax credit that many filers are familiar with is the first time homebuyer credit which was passed in 2008 under hera or the housing economic and recovery act under obama. Mi home loan flex mortgage michigan down payment available. 50 discount on homes in specific areas in the state of michigan. Lower down payment option available in hud participating communities in michigan.