Lincoln Park, Michigan

Up to $14,999 toward buying your first home in Lincoln Park.

The City of Lincoln Park helps first-time buyers cover the down payment and closing costs. Most people who qualify have no idea the program exists.

Assistance available

$14,999

Toward down payment and eligible closing costs

Home price limit

$219,000

The home has to come in at or under this

We put both numbers up front because the price cap is the one that surprises people. Better to know now than three houses in.

Who qualifies

You need to check every box below.

Buy in the City of Lincoln Park. Determined by the property's legal description, not the mailing address.
No home ownership in the past 3 years. No interest in any other real estate at time of purchase.
Household income at or below 80% of Area Median Income. See the table below.
Under $20,000 in liquid assets. Savings, checking, and similar accounts.
Complete a homebuyer education course. We will point you to an approved one.
Live in the home for 5 years. That is what makes the second mortgage forgivable.
Traditional mortgage financing required. Land contract and lease-purchase are not eligible.
Single family or condo. Primary residence only.

Total household income, counting every adult in the home.

Most buyers are three to nine months out. That is normal.

Fill out the form below
Two minutes. No income figures, no credit pull, nothing that affects your report.
We'll talk it through
I will tell you straight whether you look eligible and what is standing in the way if you are not.
Education class and pre-approval
Both are required before an application goes in. We line them up together.
Find the house, apply for the assistance
The application goes in after you have an accepted purchase agreement.