HomeReady Loan

October 4, 2023

The HomeReady Loan Program was born out of the need to increase the accessibility of homeownership for creditworthy, low to moderate income borrowers. HomeReady offers lower down payments and lower mortgage insurance requirements, increasing the access for low-income buyers to get approved for a home loan. This loan was created based on research showing today’s […]

Down Payment Assistance

October 4, 2023

Homeownership is closer than it appears with the Michigan State Housing Development Authority (MSHDA) Down Payment Assistance Program. The funds provided by this program can be used for closing costs, pre-paids, and the down payment itself. The Down Payment Assistance (DPA) funds are 0% interest with no additional payments.

2–1 Buydown

October 4, 2023

Buy in today’s hot market, with yesterday’s low rates! The 2-1 Buydown is an exciting financing option that lowers the interest rate on the buyer’s mortgage temporarily, making the first two years of homeownership more affordable. How does it work? The seller or builder kicks in enough money to reduce the buyer’s mortgage rate for […]

Home Possible Loan

October 4, 2023

The Freddie Mac Home Possible® Loan offers more options and credit flexibilities than ever before to help very low to moderate income borrowers attain the dream of owning a home. Home Possible features a low down payment requirement, allowing as little as 3% down, and allows down payment funds from a variety of sources.

HUD Loan

October 4, 2023

A HUD home is a type of residential foreclosure where ownership belongs to the U.S. Department of Housing and Urban Development (HUD). With our all-in-one loan options, you can buy and fix up a HUD home for as little as $100 down. Whether the home needs minor repairs or major remodeling, we’ve got you covered. […]

Community Lending Program

October 4, 2023

As a local mortgage company in the community for over 20 years, Treadstone is committed to supporting the many areas that our employees, clients and neighbors call home. We created our Community Lending Program to help meet the home ownership needs of low-to-moderate income communities. Borrowers purchasing homes in eligible areas, as their primary residence […]

Family Assist Program

October 4, 2023

We make it easier for families to help other members of their immediate family purchase a home who may not qualify for mortgage on their own. The Family Assist Program lets parents purchase a home for an adult child with a disability, or adult children purchase a home for their elderly parents—without the expense associated […]

Manufactured Home Loan

April 27, 2022

Manufactured homes provide the stability and comfort of a traditional home, but at more affordable prices. These unique types of homes are typically built in a factory then transported to their site. Financing manufactured homes utilizes other standard loan types, but with a specific set of qualifications. Whether you’re looking for a single wide or […]

Bridge Loan

December 11, 2020

Although we pride ourselves on the fastest closings in the industry – with our Bridge Loan mortgage you won’t have to rush. The Treadstone Bridge Loan allows our customers to make an offer on a new home without being rushed to complete the sale of their current home. Also referred to as an equity-forward mortgage […]

HomeStyle Renovation Loan

May 15, 2020

So you’ve spotted your dream home. The problem? It needs some serious TLC. Instead of scrambling for cash to buy the home and pay for renovations, find the solution in our HomeStyle Renovation Loan. Whether you’re buying a home and fixing it up, or refinancing and remodeling your current home, this loan can make all […]