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WEST MICHIGAN – To help make homeownership more affordable and accessible, Arbor Financial Credit Union is partnered with the Michigan State Housing Development Authority (MSHDA) as one of its few preferred lenders. With a new MSHDA rate relief program available to help low-income home buyers in Michigan, we are proud to be a preferred lender and offer more mortgage options.
This new MSHDA program will reduce the cost of qualified Michiganders’ mortgages by giving 1% off the posted MSHDA rate and helping them save money monthly when they are members and finance through us, one of the few qualified MSHDA lenders in the state.
Here at Arbor, we are excited and proud to be one of the few MSHDA lenders and be able to offer this program. Creative and innovative products like this help fulfill our purpose of growing the financial well-being of our members. Every one of our Mortgage Loan Originators can help you learn if you qualify and help you with the process. Everyone deserves to see their financial dreams come true. This program is available until the program funds run out. So, we encourage those interested to talk to one of our experts today.