See programs you qualify for

By Tyler Thompson · Licensed Real Estate Agent · Updated April 10, 2026

Homebuyer Programs in Wyoming, MI (2026)

Population: 79,000 | Median home price: $255,000 | Est. closing costs: $5,000 - $7,500

Wyoming is located in Kent County in West Michigan, directly south of Grand Rapids, and is one of the largest cities in the state with a population of about 79,000 and a median home price around $255,000. Homebuyers in Wyoming benefit from 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 Kent HOME Consortium partners with nonprofits to build and sell affordable homes to households earning up to 80% of the Area Median Income, specifically serving Kent County outside Grand Rapids. Habitat for Humanity Kent County offers affordable homeownership with a 94% success rate, ICCF Community Homes Land Trust provides below-market homes for first-time buyers, and Lake Michigan Credit Union offers up to $10,000 in down payment assistance through its HomeAssist program. By combining state and local resources, Wyoming homebuyers can substantially reduce their out-of-pocket costs.

County Programs in Kent County

Program Name	Type	Amount	First-Time Only	Details
Kent HOME Consortium Homeownership Program	Government Property Sale Program	Newly constructed or rehabilitated affordable homes sold below market value	No	View →

Kent HOME Consortium Homeownership Program

Type:: Government Property Sale Program
Amount:: Newly constructed or rehabilitated affordable homes sold below market value
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 →

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

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 →

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

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

Program Name	Type	Amount	First-Time Only	Details
Community West Credit Union Zero-Down Mortgage	Zero-Interest Loan	Zero down payment required with no PMI	No	View →
Habitat for Humanity Kent County Homeownership Program	Zero-Interest Loan	Affordable mortgage based on ability to pay (housing costs not to exceed 35% of gross income)	No	View →
ICCF Community Homes Land Trust	Government Property Sale Program	Move-in-ready homes sold below market value through community land trust model	Yes	View →
LMCU HomeAssist Down Payment Assistance	Zero-Interest Loan	Up to $10,000 (up to $15,000 in targeted areas)	Yes	View →

Community West Credit Union Zero-Down Mortgage

Type:: Zero-Interest Loan
Amount:: Zero down payment required with no PMI
First-time only:: No

Habitat for Humanity Kent County Homeownership Program

Type:: Zero-Interest Loan
Amount:: Affordable mortgage based on ability to pay (housing costs not to exceed 35% of gross income)
First-time only:: No

ICCF Community Homes Land Trust

Type:: Government Property Sale Program
Amount:: Move-in-ready homes sold below market value through community land trust model
First-time only:: Yes

LMCU HomeAssist Down Payment Assistance

Type:: Zero-Interest Loan
Amount:: Up to $10,000 (up to $15,000 in targeted areas)
First-time only:: Yes

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15 programs available in Wyoming. See which ones you qualify for.

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How to Apply

Step 1: Check your eligibility. Review income limits for MSHDA programs, which vary by family size and county. Kent County income limits are available on the MSHDA website. Most state programs require a minimum credit score of 640.

Step 2: Complete homebuyer education. Enroll in a HUD-approved or MSHDA-approved homebuyer education course. ICCF Community Homes in Grand Rapids offers homeownership education and financial counseling, and Habitat for Humanity Kent County also provides homebuyer education.

Step 3: Explore local homeownership programs. Contact Kent HOME Consortium partners like ICCF Community Homes or LINC Up Nonprofit Housing Corporation about affordable homes available in Kent County outside Grand Rapids. Habitat Kent can be reached at (616) 774-2431.

Step 4: 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. Community West Credit Union offers a zero-down mortgage with no PMI for West Michigan buyers.

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. If you qualify, also apply for Lake Michigan Credit Union's HomeAssist program which provides up to $10,000 in assistance. Contact Mario Leon at (616) 752-7636 for HomeAssist details.

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 Wyoming, MI?+

Wyoming homebuyers can access several layers of assistance. The MSHDA MI 10K DPA Loan provides up to $10,000 as a zero-interest loan. First-generation buyers may qualify for up to $25,000 through the MSHDA First-Generation Down Payment Assistance program. The HomeBoost program offers up to $15,000 as a grant. Lake Michigan Credit Union's HomeAssist program provides up to $10,000 (up to $15,000 in targeted areas). By stacking these programs, buyers could access over $25,000 in total assistance.

Do I have to be a first-time homebuyer to get assistance in Wyoming?+

Not necessarily. The MSHDA MI 10K DPA Loan is available to first-time buyers statewide and repeat buyers in targeted areas. The MSHDA First-Generation DPA is specifically for first-generation homebuyers. The LMCU HomeAssist program requires first-time buyer status. Habitat for Humanity Kent County and the Kent HOME Consortium do not require first-time buyer status, though they have income limits. Community West Credit Union's Zero-Down Mortgage is open to all buyers.

What is the maximum home price I can pay using assistance programs?+

MSHDA sets purchase price limits that vary by county. For Kent County, check the current limits on the MSHDA website as they are updated periodically. The Kent HOME Consortium sells homes to households earning up to 80% of the Area Median Income. Habitat Kent also bases eligibility on income relative to the AMI.

What homebuyer education is required?+

Most programs require completion of a homebuyer education course from an MSHDA-approved or HUD-approved agency. In the Wyoming area, ICCF Community Homes offers homeownership education and financial counseling. Habitat for Humanity Kent County also provides homebuyer education at (616) 774-2431. The Kent HOME Consortium requires homebuyer education through any of its partner organizations.

What local affordable housing programs are unique to Wyoming?+

Wyoming benefits from the Kent HOME Consortium, a partnership between Kent County and the City of Wyoming that uses federal HOME Investment Partnership funding to create affordable homes. This program specifically serves Kent County outside the City of Grand Rapids, making Wyoming a primary beneficiary. Partner organizations including ICCF Community Homes Land Trust and LINC Up build or rehabilitate homes and sell them to qualifying households at affordable prices.

Can I buy a home with zero down payment in Wyoming?+

Yes. Community West Credit Union offers a Zero-Down Mortgage with no PMI for West Michigan buyers. Additionally, MSHDA programs can cover your entire down payment. The MI 10K DPA Loan provides up to $10,000, the HomeBoost grant provides up to $15,000, and the First-Generation DPA provides up to $25,000. With a median home price around $255,000, combining these programs can cover a standard 3.5% to 5% down payment entirely.

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