MI Home Loan FLEX
Requirements for MI Home Loan FLEX
1st Time or Repeat Homebuyer
Eligible borrowers can be either a first-time homebuyer or a repeat homebuyer.
660 Credit Score
To qualify for the MI Home Loan FLEX, a credit score of at least 660 is required.
Sales Price Limit of $224,500
A potential homebuyer can purchase a house with a maximum Sales Price of $224,500.
Debt to Income: 45%
A maximum debt to income of 45% is expected for eligible borrowers.
FACT: Not ALL Adults in the household need to apply, ONLY qualifying borrowers will be necessary. 
Mortgage Options
Conventional
FHA
USDA’s Rural Development
Click Here
To see if you qualify for this program, please click the check mark to the left to begin the pre-approval process. It’s a fast and free option to see if you qualify for up to $7,500 in down payment assistance funds.
Complete MI Home Loan FLEX Details
For assistance or if you have any questions,
feel free to give us a call.
- 248-895-7272
Customer Support
- 248-895-7272
- JHiggins@mortgageone.com
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2022 MICHIGAN DPA | MSHDA Down Payment Assistance | Mortgage Program
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