HomeAssist Program*

a couple and their son doing laundry in a new home

Homeownership is possible.

The top hurdle for new homebuyers is the down payment. LMCU's HomeAssist program provides up to $10,000 in down payment and closing costs assistance (no repayment required!) to qualifying first-time homebuyers who:

  • Intend to purchase a primary residence in Michigan or Florida
  • Have a household income at or below 120% of the local Area Median Income

This program operates on a first-come, first-serve basis and is only available while funds last. To see if you qualify, connect with a loan officer today.

*The LMCU HomeAssist Down Payment Assistance program is available to first-time homebuyers applying through Lake Michigan Credit Union intending to purchase a primary residence in Michigan or Florida. Applicants must have a household income meeting local area median income requirements. Applicants will be assisted on a first-come, first-served basis until funds are exhausted. Additional fees may apply. You may be eligible for $15,000 if the subject property is located in a specified targeted area and meet area median income requirements. Programs subject to change. See your Local Mortgage Loan Officer for details.