FHA Loan

The FHA loan is a mortgage loan that is insured by the Federal Housing Administration, and is used to purchase or refinance an occupied property.  The borrower is required to pay a 3.5 percent down payment, which can be his or her own money or a gift from a relative.  Co-signing is permitted for this loan, and loan limits apply depending on the location of the property.


The Michigan State Housing Development Authority offers loans to new or seasoned homebuyers.  Additionally, the program offers financial and down payment assistance for borrowers who are looking for affordable housing or engaging in other development activities.


This is a zero down payment mortgage loan available to borrowers who are interested in buying property in rural areas. This loan is available to borrowers who meet income and property location eligibility with a 30-year fixed interest rate.

VA Loan

The VA loan is a mortgage loan that is offered to an eligible American in one of the following categories:  a veteran; an unmarried spouse of a Veteran; a spouse of a service member missing in action; a spouse of a disabled veteran.
A VA borrower enjoys up to 100 percent financing without the need for private mortgage insurance.
Veterans must provide copies of the DD-214 and Certificate of Eligibility.

Huron Valley Financial, Inc. will assist you with a customized mortgage solution. Call 734-669-8000 or get your FREE Quote today.