Your first mortgage shouldn't feel like a test you didn't study for. LuxPro Mortgage has helped first-time buyers across Metro Detroit and all of Michigan go from "can we even do this?" to keys-in-hand — often with far less money down than they expected. You'll work with one local loan officer who answers your questions patiently, at your pace, with no pressure and no hidden fees.
Low Down Payment Options for First-Time Buyers
- Conventional loans with as little as 3% down for qualifying first-time buyers
- FHA loans with 3.5% down and flexible credit guidelines
- VA loans with $0 down for eligible veterans and service members
- Gift funds from family allowed on most programs
- Michigan down payment assistance options — we'll tell you what you qualify for
What First-Time Buyers Get With LuxPro
Big online lenders hand first-time buyers to whoever picks up the phone. At LuxPro, the loan officer who pre-approves you is the same person who answers your texts on offer night and the same person at your closing. We'll walk you through earnest money, inspections, appraisals, and closing costs before each step happens — so nothing about buying your first Michigan home catches you off guard.
How It Works
- 1
Have a real conversation
Tell us where you want to live and what feels comfortable monthly. We work backwards from your comfort zone, not the maximum you can borrow.
- 2
Get pre-approved in 1 business day
Free, no obligation, and it makes your first offer as strong as a seasoned buyer's.
- 3
Shop, offer, close
We coach you through each milestone and coordinate with your agent so your first closing lands on schedule.
Why Michigan Borrowers Choose LuxPro Mortgage
- Pre-approved in 1 business day
- No hidden fees — ever
- 5.0-star rated on Google & Zillow
- A+ BBB rated local lender
- Same loan officer from application to closing
- Serving all of Michigan
Frequently Asked Questions
How much do I need for a down payment on my first Michigan home?
Often much less than the 20% people assume. Qualifying first-time buyers can put as little as 3% down on a conventional loan, 3.5% on FHA, or 0% on a VA loan — and family gift funds are allowed on most programs.
What credit score do I need to buy my first home?
There's no single number — programs differ, and FHA in particular is forgiving. Apply or call us for a free review; if you're not quite there yet, we'll give you a specific plan to get there instead of just a 'no.'
Is there down payment assistance in Michigan?
Michigan offers down payment assistance programs for eligible buyers, and some cities and counties have their own. Eligibility depends on income, location, and the program's current funding. We'll check what applies to you as part of your free pre-approval.
What are closing costs and how much should I plan for?
Closing costs cover things like the appraisal, title work, and taxes — typically a few percent of the purchase price in Michigan. Sellers can contribute toward them in many deals, and we'll estimate yours precisely before you ever write an offer.
Explore More Michigan Loan Programs
Ready to Get Started?
Talk to a local Michigan loan expert today — no hidden fees, no 1-800 runaround, and pre-approval in one business day.