See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated April 10, 2026
Homebuyer Programs in Flint, MI (2026)
Flint is located in Genesee County in central Michigan, about 65 miles northwest of Detroit, and is one of the most affordable housing markets in the state with a median home price around $50,000. While the City of Flint does not currently offer its own city-funded down payment assistance program, buyers here can take advantage of strong state-level programs including the MSHDA MI 10K DPA Loan (up to $10,000), the MSHDA First-Generation Down Payment Assistance (up to $25,000 for qualifying first-generation buyers), and the HomeBoost Down Payment Assistance (up to $15,000 as a grant). Locally, the Genesee County Land Bank Authority sells renovated and rehab-ready homes at deeply affordable prices, Genesee County Habitat for Humanity builds affordable homes with zero-interest mortgages, and Financial Plus Credit Union offers a $1,500 closing cost credit for first-time buyers. By combining state and local resources, Flint homebuyers can significantly reduce or eliminate out-of-pocket costs.
County Programs in Genesee County
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Genesee County Land Bank Affordable Homeownership Program | Government Property Sale Program | Homes available from as low as $1,000 (Ready for Rehab) to move-in-ready Featured Homes | No | View → |
- Type:
- Government Property Sale Program
- Amount:
- Homes available from as low as $1,000 (Ready for Rehab) to move-in-ready Featured Homes
- First-time only:
- No
State Programs in Michigan
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| HomeBoost Down Payment Assistance | Grant | Up to $15,000 (up to $25,000 through some participating lenders) | Yes | View → |
| MSHDA First-Generation Down Payment Assistance | Deferred Loan | Up to $25,000 | Yes | View → |
| MSHDA MI 10K DPA Loan | Zero-Interest Loan | Up to $10,000 | Yes | View → |
- Type:
- Grant
- Amount:
- Up to $15,000 (up to $25,000 through some participating lenders)
- First-time only:
- Yes
- Type:
- Deferred Loan
- Amount:
- Up to $25,000
- First-time only:
- Yes
- Type:
- Zero-Interest Loan
- Amount:
- Up to $10,000
- First-time only:
- Yes
Federal Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| FHA Loans | Government-Insured Mortgage | Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026) | No | View → |
| Good Neighbor Next Door (HUD) | Government Property Sale Program | 50% discount off the list price of HUD-owned homes | Yes | View → |
| Home Possible Mortgage (Freddie Mac) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HomeReady Mortgage (Fannie Mae) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HUD $100 Down Program | FHA-Financed HUD REO Purchase | Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs. | No | View → |
| USDA Rural Development Loans | Government-Guaranteed Mortgage | 100% financing (no down payment required); loan amount up to appraised value | No | View → |
| VA Loans | Government-Guaranteed Mortgage | No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026) | No | View → |
- 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
- Type:
- Government Property Sale Program
- Amount:
- 50% discount off the list price of HUD-owned homes
- First-time only:
- Yes
- 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
- 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
- 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
- Type:
- Government-Guaranteed Mortgage
- Amount:
- 100% financing (no down payment required); loan amount up to appraised value
- First-time only:
- No
- 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
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Financial Plus Credit Union First-Time Homebuyer Program | Grant | $1,500 closing cost credit | Yes | View → |
| Genesee County Habitat for Humanity Homeownership Program | Zero-Interest Loan | Affordable mortgage based on ability to pay | No | View → |
| Metro Community Development Homebuyer Program | Grant | Homebuyer education, financial coaching, and counseling services | No | View → |
- Type:
- Grant
- Amount:
- $1,500 closing cost credit
- First-time only:
- Yes
- Type:
- Zero-Interest Loan
- Amount:
- Affordable mortgage based on ability to pay
- First-time only:
- No
- Type:
- Grant
- Amount:
- Homebuyer education, financial coaching, and counseling services
- First-time only:
- No
How to Apply
Step 1: Check your eligibility. Review income limits for MSHDA programs, which vary by family size and county. Genesee County income limits are available on the MSHDA website. Most programs require a minimum credit score of 640.
Step 2: Complete homebuyer education. Enroll in a HUD-approved or MSHDA-approved homebuyer education course. Metro Community Development in Flint offers courses and one-on-one financial coaching. Genesee County Habitat for Humanity also provides free housing counseling.
Step 3: Get pre-approved for a mortgage. Contact an MSHDA-approved lender to get pre-approved for an MI Home Loan, which qualifies you for the MI 10K DPA Loan and potentially the First-Generation DPA. Financial Plus Credit Union at (800) 748-0451 is a local option that also offers a $1,500 closing cost credit for first-time buyers.
Step 4: Explore affordable homes. Browse the Genesee County Land Bank's Featured Homes (move-in-ready) and Ready for Rehab listings for deeply affordable options. Also check traditional listings within MSHDA purchase price limits for Genesee County.
Step 5: Apply for down payment assistance. Work with your MSHDA-approved lender to apply for the MI 10K DPA Loan or First-Generation DPA. These are processed as part of your mortgage application.
Step 6: Close on your home. Your lender will coordinate the DPA funds with your closing. Expect the process to take 30-60 days from accepted offer to closing.
Frequently Asked Questions
How much down payment assistance can I get in Flint?+−
Do I have to be a first-time homebuyer to get assistance in Flint?+−
What is the maximum home price I can pay using assistance programs?+−
What homebuyer education is required?+−
Can I buy a home in Flint with no money down?+−
Is the Genesee County DPA program available in Flint?+−
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