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
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
Brought to you by The Mortgage 1 Team. Mortgage 1 has been MSHDA’s #1 lender since 2013.
2022 MICHIGAN DPA | MSHDA Down Payment Assistance | Mortgage Program

© 2021, Mortgage 1. For complete licensing information, please go to NMLS.org. | Company NMLS #129386. Mortgage 1 (“the Company”) maintains policies and procedures designed to protect the integrity and security of consumer and customer information. Mortgage 1 Inc. is a national mortgage servicer and accepts payments from consumers. We are required to be licensed as a debt collection company. NMLS #129386. Any mention of a loan officer or applying for a mortgage would reference John Higgins, Senior Loan Officer NMLS 136061. So thank you for considering Mortgage 1 for your mortgage financing needs. The Mortgage 1 Inc. website uses cookies, tracking pixels, and related technologies that collect personal information. Cookies are small data files that are served by our platform and stored on your device. Our site uses cookies dropped by us for various purposes, including to operate and personalize the website. Likewise, cookies may also be used to track how you use the site to target ads to you on other websites.