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MI First Time Home Buyer
MI First Time Home Buyer; new home loan; Royal Oak home loan; Rocket Mortgage pre approval
We Rocket your new home purchase!


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MI First Time Home Buyer | Highlights

Calculator worksheet.  

Documentation requirements.  

Free consultation. 

Minimal down.

FICO score.

No App Fee! 

Mortgage Calculator Worksheet

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Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Monthly PMI $0

Worksheet Summary | Highlights

Down payment.
Find out how much of a down payment is right for you.

Closing costs.
Review the out of pocket expense for your transaction.

Custom tailored for you.
By far, our summary is uniquely distinguishable.

MI First Time Home Buyer | Consultation
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We crunch all of the numbers for you!


Our mortgage worksheet summary is easy to understand!

MI First Time Home Buyer Required Documentation

Conventional mortgage financing. Required documentation to apply.1.  W2’s (most recent two years)
2.  Two months of bank statements (all pages).
3.  Copy of your current driver’s license

On paper the process is extremely simple.  Essentially, all that a borrower needs to begin the underwriting process are the above docs.  All in all, these are the items to start your mortgage journey!

MI First Time Home Buyer – No Down Payment

MI first time home buyer; fortress home mortgage

We offer a lender direct DPA loan that significantly reduces the cash to close on your first home.  Specifically, we will eliminate the need for a down payment!  Our MI first time home buyer solves a major mortgage dilemma.  Picture this scenario:  you’re renting, or living with your folks, and you want to buy a new home.  At the same time, you figure it’s too expensive, or unaffordable.  Nonetheless, the dream stays on your mind frequently.  Well, dream no more!  The future is now, and our MI first time home buyer is for you.  Continue reading and learn more about how our MI first time home buyer program works!  Click here to schedule your MI first time home buyer free consultation!  In the simplest of terms, Fortress Home Mortgage has the best zero down mortgage program for your first home! 

How Down Payment Assistant Works

How down payment assistance works; MSHDA; fortress home mortgageFirstly, it is important to realize that mortgage financing is akin to physics.  In essence, you don’t get something from nothing!  Specifically, in this case, the “something” is a down payment on a house in relation to the sale price. To clarify, the lender is providing credit towards the transaction on behalf of the borrower.  Ultimately, the credit for the down payment is repaid, or forgivable.  More details on this aspect will come into focus.  The important thing to remember is that the cash to close is significantly reduced with our MI first time home buyer program.  As a matter of fact, the borrower is only responsible to pay the standard closing costs, and pre-paids.  Click here for an example mortgage worksheet summary that highlights the MI first time home buyer program!

DPA loan; fortress home mortgageFirst, our lender approves and funds the down payment assistance!  By contrast, this is the main difference with our MI first time home buyer program.  In other words, Fortress deals directly with the wholesale lender, and this does not require any state oversight.  Equally important, our wholesale lender uses its own funds to cover the DPA loan.  Furthermore, this means you (the borrower), will not have to scour the internet looking for an approved DPA loan provider / lender.  To sum it up, we are your one stop resource!


In general, the MSHDA (DPA loan) serves the exact same purpose when compared to our MI first time home buyer program.  In the case of MSHDA, the state of Michigan grants the down payment funds.  Similarly, the grant is recorded on title to the home, and it is subject to various repayment terms.  In a nutshell, the borrower must get approval for the down payment by locating a MSHDA approved lender.  All in all, the process can take much longer, and the qualifying guidelines may be more difficult.  Keep in mind, the MSHDA program requires the extra hurdle of dealing with state bureaucracy.  Ultimately, it can be quite a bit more tedious!  Lastly, the MSHDA down payment assistance grant is limited to 10,000 dollars. 


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