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State Loan

MHFA Start Up Deferred Loan

$18,000typical award

0% interest, payment deferred for the life of the mortgage. First-time buyers statewide.

Eligibility checklist

  • First-time homebuyer (no ownership in past 3 years)
  • Household income at or below MHFA Start Up limits for your county
  • Minimum credit score 640 (varies by lender)
  • Complete an approved Home Stretch homebuyer education class
  • Property must be primary residence (1-2 units)
Contact an MHFA-approved lender to apply.

Ready to apply?

Open the official program page and start with an approved lender.

Open official page →

Verified June 2026. Program terms change — confirm details with the official source before applying.