3.5% down. Credit that's forgiving of the past. A down payment that can be a gift. FHA is how most Michigan first-time buyers actually get keys — and as a wholesale broker, I shop your FHA loan across dozens of lenders instead of locking you into one bank's price.
Get My FHA Quote → Run My NumbersFHA was created for exactly one purpose: getting everyday families into homes. Eighty-plus years later, it's still the most forgiving path to a Michigan front door.
On a typical Michigan starter home, the down payment is often less than people spend moving into a rental — and family can gift every dollar of it.
Scores from 580 qualify for minimum down, and FHA pricing doesn't punish a lower score the way conventional pricing does. Past credit events have defined waiting periods, not lifetime bans.
FHA allows more flexible debt-to-income ratios than most conventional loans, which matters when student loans or a car payment are part of your real monthly picture.
Buy a duplex, triplex, or fourplex with the same 3.5% down — live in one unit, let the rent on the others help pay your mortgage and help you qualify.
The FHA 203(k) rolls purchase plus repairs into one loan — a serious advantage with Michigan's older housing stock.
FHA loans can be assumed by a qualified future buyer — a feature that can make your house more valuable to sell down the road.
Your credit score is under ~700. Conventional pricing gets expensive as scores drop; FHA stays steady.
Your down payment is under 5%. FHA's 3.5% plus gift funds beats scraping for a bigger conventional down payment.
Your debt-to-income is tight. Student loans, car payment, real life — FHA gives the file more room to work.
You've had a credit event. Bankruptcies and foreclosures have set FHA waiting periods — and then you're eligible again.
Strong credit and 5%+ down? Then conventional might beat FHA for you — and I'll tell you so. We run both and let the numbers pick.
Every FHA loan carries an upfront premium of 1.75% (financed into the loan, not out of your pocket) and an annual premium built into the monthly payment. It's the trade for the low down payment and the credit flexibility — and you deserve to see it in the math, not discover it at closing.
Here's what most lenders won't say out loud: FHA mortgage insurance is usually a phase, not a forever. Michigan homes build equity, and once yours crosses the line, we refinance you into a conventional loan and the mortgage insurance is gone.
When you close an FHA loan with me, the plan doesn't end at the closing table. When your equity and the market line up so that dropping the mortgage insurance actually saves you money, you hear from me — not the other way around.
A quote is free, there's no obligation, and we don't pull your credit to give you a realistic starting picture. Whatever your file looks like — we'll figure it out.
Get My FHA Quote → Call the Office (810) 819-8686