See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated April 10, 2026
Homebuyer Programs in Georgetown Township, MI (2026)
Georgetown Township is a growing community in Ottawa County in west Michigan, situated between Grand Rapids and the Lake Michigan shoreline. With a median home price around $360,000 and a median household income near $96,000, the township is one of the more affluent areas in the region. While Georgetown Township does not currently offer city-funded or county-funded down payment assistance, buyers here can take advantage of Michigan state programs including the MSHDA MI 10K DPA Loan offering up to $10,000 in zero-interest down payment assistance and the MSHDA First-Generation DPA providing up to $25,000 for first-generation homebuyers. The LMCU HomeAssist program offers up to $10,000 for qualifying first-time buyers, and Lakeshore Habitat for Humanity provides affordable homeownership opportunities for income-eligible families in Ottawa County. By combining available state and nonprofit programs, Georgetown Township buyers could access meaningful assistance to offset the higher home prices in the area.
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 |
|---|---|---|---|---|
| Lakeshore Habitat for Humanity Homeownership Program | Repayable Loan | Affordable mortgage with no profit; $4,000 down payment required at closing | No | View → |
| LMCU HomeAssist Down Payment Assistance | Zero-Interest Loan | Up to $10,000 (up to $15,000 in targeted areas) | Yes | View → |
- Type:
- Repayable Loan
- Amount:
- Affordable mortgage with no profit; $4,000 down payment required at closing
- First-time only:
- No
- Type:
- Zero-Interest Loan
- Amount:
- Up to $10,000 (up to $15,000 in targeted areas)
- First-time only:
- Yes
How to Apply
Step 1: Check your eligibility. MSHDA programs require household income within county-specific limits and a minimum credit score of 640. The LMCU HomeAssist program requires first-time buyer status and household income at or below 120% of Area Median Income.
Step 2: Complete homebuyer education. Good Samaritan Ministries serves as the Housing Assessment and Resource Agency (HARA) for Ottawa County and can connect you with housing counseling resources. Contact them at 616-392-7159. The City of Grand Haven Neighborhood Housing Services at 616-935-3270 also offers MSHDA-certified homebuyer education classes.
Step 3: Get pre-approved for a mortgage. Work with an MSHDA-approved lender to access the MI Home Loan with up to $10,000 in DPA. If you qualify for the LMCU HomeAssist program, contact Lake Michigan Credit Union directly.
Step 4: Apply for assistance programs. For MSHDA programs, your approved lender will handle the DPA application as part of the mortgage process. For Lakeshore Habitat for Humanity, call 616-393-8001 to begin the application process. For LMCU HomeAssist, contact Mario Leon at 616-752-7636.
Step 5: Find a home in Georgetown Township. Work with your real estate agent to find a home that meets program requirements and falls within MSHDA purchase price limits.
Step 6: Close on your home. Your lender will coordinate the assistance funds at closing. Allow extra processing time for program paperwork.
Frequently Asked Questions
How much down payment assistance can I get in Georgetown Township?+−
Do I have to be a first-time homebuyer to qualify?+−
Are there any Georgetown Township or Ottawa County down payment assistance programs?+−
What homebuyer education is required?+−
What is the maximum home price I can purchase with assistance?+−
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