2025 MSHDA ‘First Generation’ $25,000 Down Payment Assistance Grant

February 18, 2025

*As of May 2025, the funds for MSHDA First Generation Down Payment Assistance have been used to completion. All information pertaining to MSHDA $10,000 Down Payment Assistance is still applicable. Great news for first generation home buyers in Michigan! MSHDA – The MI State Housing & Development Authority announced that for a short time (until […]

Why Pre-Approvals for Mortgages are Important for Home Buyers in 2025

February 14, 2025

What Is a Pre-Approval? Pre-approvals are simple and easy, but they’re a heavy-hitter when you’re shopping for Michigan homes. Simply put, a pre-approval is when we check (and double-check) your qualifications for a potential home loan, and give you the green light to move forward with a home purchase. No more guessing! During the pre-approval […]

2024 Michigan Property Tax Millage Rates by County

February 2, 2025

From the mortgage and interest rates to the price of property taxes, there are plenty of expenses to factor in when it comes to homeownership — some with more complexities than others. The cost of property taxes in Michigan is subject to considerable variation depending on the county in which a property is located. Each […]

Guide to Homeownership & Mortgages During Divorce

January 27, 2025

Divorce isn’t typically a decision anyone takes lightly, and is more often the culmination of a lot of stress, some struggle, and plenty of emotions (hopefully ending with a sense of relief). During the process, you might feel like the mere thought of purchasing another home outside of your previous marriage is overwhelming and daunting, […]

Fixer-Upper or Move-in Ready: Which One is Right for You?

January 27, 2025

Let’s be real — buying a fixer-upper isn’t for everyone. It takes a particular vision to see a home’s hidden potential beneath layers of outdated wallpaper or cracked tiles. It also takes a good set of hands ready to roll up the sleeves and get to work. For some, that’s half the fun — transforming […]

USDA Income Limits for 2025

January 25, 2025

USDA income limits determine eligibility for Rural Development Home Loans. Updated annually, these limits vary by location and family size. Changes reflect shifts in median incomes, ensuring assistance reaches those with financial need to promote the program’s goal of promoting sustainable rural communities in West Michigan and the rest of the country.   Who Qualifies […]

Deciding Between FHA vs Conventional Loans in 2025

January 24, 2025

When it comes to choosing a mortgage, homebuyers have several options. Two of the most popular types of mortgages are FHA Loans and Conventional Mortgages, but what are the differences between the two, and which one is right for you? FHA vs Conventional Key Differences Which is Cheaper?   FHA vs Conventional Loans FHA Loans […]

Conventional Home Limits for 2025

January 19, 2025

Understanding your mortgage goes beyond calculating your payment and reviewing the terms of your loan. Monthly payments and interest rates aside, the first step is understanding what kind of loan you’ll need to secure for the specific home you want to purchase. If you are seeking a conventional or conforming loan, you will have to […]

Current Mortgage Interest Rates in Michigan — 2025

January 16, 2025

What Are Today’s Home Interest Rates in Grand Rapids? Below is a mortgage interest rates chart* for rate trends in Grand Rapids, Michigan. The rates below are for educational purposes only. Displayed figures indicate trends and are not rates offered by Treadstone Funding to any particular borrower, as interest rates are affected by factors including […]

How to Decide Between Renting vs Buying a House in Michigan in 2025

January 12, 2025

Making the jump from renter to becoming a first-time home buyer in Michigan can feel like a big commitment! While the feeling is real, buying a home can be hugely rewarding both financially and emotionally in the long run. Here’s our advice: Buy a home if you’re planning on staying in one place for more […]