Calhoun County Michigan: Get $8,000 to Buy Your First Home

If you want to buy a home in Calhoun County, Michigan, there's a new program that can help you get $8,000 toward your purchase.

The Calhoun County Homebuyer Assistance Program gives you money for your down payment and closing costs so you can afford to buy a house.

How Much Money Can You Get?

Here's how the program works:

• $6,000 from Calhoun County for your down payment
• $2,000 from Independent Bank for closing costs
• You put in $1,000 of your own money

That's $9,000 total to help you buy your home. But you're getting $8,000 in free help.

Who Can Apply?

You can get this money if you:

• Want to buy a home in Calhoun County, Michigan
• Will live in the home yourself (not rent it out)
• Make less than $75,812 per year for your household
• Take a homebuyer education class
• Get your mortgage from Independent Bank
• Have at least $1,000 to put toward the home

Why This Program Exists

Calhoun County Treasurer Melinda Weaver says the biggest problem for first-time homebuyers is saving enough money for a down payment.

"For so many people, the barrier is the down payment funds," says Maggie Harma Justin from Independent Bank.

This program takes money from foreclosures and uses it to help new people buy homes instead. The county put $3 million into a special account, and the interest from that money pays for these grants.

Other Counties Have This Too

Independent Bank runs similar programs in Oakland County and Kalamazoo County. The Oakland County program ran out of money fast because so many people wanted to use it.

That shows how helpful these programs are for people who want to buy homes.

How to Apply

If you want to apply for the Calhoun County Homebuyer Assistance Program:

1. Call Independent Bank at (269) 491-3049
2. Or visit their website: independentbank.com/CalhounCountyTreasurer

The bank will help you with the application and tell you what documents you need.

Act Fast

These programs often run out of money quickly. If you're thinking about buying a home in Calhoun County, contact Independent Bank soon to see if you qualify.

Getting $8,000 in help can make the difference between renting forever and owning your own home.