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Homebuyer Programs in Eastpointe, MI (2026)

Population: 33,676 | Median home price: $150,000 | Est. closing costs: $3,000 - $4,500

Last updated April 10, 2026

Skyline of Eastpointe, MI

Eastpointe is a city in Macomb County, Michigan, located along the Macomb-Wayne County border, with a population of about 33,700 and a median home price around $150,000. While the city does not offer its own dedicated down payment assistance, buyers can access the Macomb Community Action IDA Homebuyer Program providing up to $4,000 in matched savings. At the state level, MSHDA's HomeBoost program provides up to $15,000 as a grant and the MI 10K DPA Loan offers up to $10,000 as a zero-interest loan. Habitat for Humanity Macomb County also serves local families with affordable homeownership opportunities. With Eastpointe's affordable prices and available state assistance, many buyers can achieve homeownership with minimal out-of-pocket costs.

County Programs in Macomb County

Macomb Community Action IDA Homebuyer Program
Type:
Grant
Amount:
Up to $4,000 ($1,000 savings matched 3:1)
First-time only:
No

State Programs in Michigan

HomeBoost Down Payment Assistance
Type:
Grant
Amount:
Up to $15,000 (up to $25,000 through some participating lenders)
First-time only:
Yes
MSHDA First-Generation Down Payment Assistance
Type:
Deferred Loan
Amount:
Up to $25,000
First-time only:
Yes
MSHDA MI 10K DPA Loan
Type:
Zero-Interest Loan
Amount:
Up to $10,000
First-time only:
Yes

Federal Programs

FHA Loans
Type:
Government-Insured Mortgage
Amount:
Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:
No
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HomeReady Mortgage (Fannie Mae)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HUD $100 Down Program
Type:
FHA-Financed HUD REO Purchase
Amount:
Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:
No
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
Type:
Government-Guaranteed Mortgage
Amount:
No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:
No

Nonprofit Programs

Habitat for Humanity Macomb County Homeownership Program
Type:
Forgivable Loan
Amount:
Below-market-price homes with 25-year affordable mortgage; $1,000 down payment required
First-time only:
Yes

How to Apply

Step 1:

Check your eligibility. MSHDA programs require household income within published limits and a minimum 640 credit score. The Macomb Community Action IDA program requires income qualification.

Step 2:

Complete homebuyer education. A HUD-approved homebuyer education course is required. MSU Extension in Macomb County offers housing and financial education workshops. Call (586) 469-7614 for more information.

Step 3:

Contact a local housing partner. Reach out to Macomb Community Action for information about their IDA matched savings program. Habitat for Humanity Macomb County also offers homeownership opportunities for qualifying families.

Step 4:

Get pre-approved for a mortgage. Find an MSHDA-approved lender at the MSHDA website for state programs.

Step 5:

Find a home within program limits. The MSHDA MI Home Loan has a purchase price limit of $544,233. With Eastpointe's median price around $150,000, virtually all homes qualify.

Step 6:

Submit your application. Apply for MSHDA assistance through your approved lender during the mortgage process.

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