Dreaming of owning your first home but struggling to save for a down payment? You’re not alone. With People Driven Credit Union’s Zero Down Purchase Program, you can buy your dream home with 100% financing and no Private Mortgage Insurance (PMI).
100% Financing for Primary Residences
Through this program, qualified borrowers can finance up to 100% of the purchase price of their primary residence. That means no down payment is required. You can stop renting and start building equity sooner.
Why It’s a Game-Changer
- 0% down required – keep your savings for furniture or moving costs
- No PMI – that’s money back in your pocket each month
- Available statewide – from Detroit to the Upper Peninsula
- Loan amounts up to $350,000
- Fixed and ARM loan options to fit your lifestyle
- No special LLPAs (Loan-Level Price Adjustments)
- Minimum credit score: 740 | Max DTI: 37%
This program helps eliminate the most significant barrier for most buyers, which is coming up with a hefty down payment. Whether you’re renting, recently relocated, or rebuilding your finances, this is your chance to own a home sooner than you thought possible.
Who’s Eligible?
The Zero Down Purchase Program is available to both first-time and repeat homebuyers purchasing a primary residence in Michigan. Program terms may vary based on credit history, debt-to-income ratio, and property eligibility.
Let’s Make It Happen
You don’t need 20% down to move into the home you love, just the right lender.
Ready to take the first step? Contact us today to learn more:
Meet Our Mortgage Loan Officer
Michelle Dzon is authorized to act as an agent on behalf of People Driven Credit Union. Contact her for personalized assistance with your mortgage needs.
Michelle Dzon
Member First Mortgage, LLC (MFM)michelle.dzon@memberfirstmortgage.com
616-301-1714 | NMLS ID: #401292 | People Driven Credit Union NMLS ID: #776727
Disclosures
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Equal Housing Lender. Member First Mortgage, LLC (MFM) NMLS ID# 149532. All loans are subject to credit approval. Terms and conditions apply. Program availability is subject to change without notice. |
Available to all members using a conventional mortgage loan program on a purchase transaction with People Driven Credit Union in the State of Michigan. Not eligible on multi-unit properties, condos, townhomes, or manufactured houses. The Loan Example is current as of 9/9/2025 and based on a $200,000 loan amount with a conventional 30-year fixed rate term (360 monthly principal and interest payments of $1,231.43); 0% Down Payment; 6.25% Interest Rate with an Annual Percentage Rate (APR) of 6.465%. Rates quoted assume excellent borrower credit history. Payment example does not include taxes and insurance; the actual payment obligation will be higher. The cost of Private Mortgage Insurance (PMI) is waived as part of this promotion, to be paid by the Lender. This is not a commitment to lend. All lending products are subject to credit and property approval. Additional restrictions may apply. Member First Mortgage, LLC (MFM) is a partner of People Driven Credit Union. Michelle Dzon #401292, is authorized to act as agent of People Driven Credit Union (24333 Lahser Road, Southfield, MI 48033 | (248) 263.4100 | NMLS ID: 776727) and is authorized to represent Member First Mortgage, LLC, a licensed Mortgage Lender/Servicer (Corporate Office: 616 44th Street SE, Grand Rapids, MI 49548 | (616) 538.1818 | NMLS ID: 149532). For licensing information, please visit www.nmlsconsumeraccess.org. Equal Housing Opportunity.
SAFE Act Compliance Testing:
We conduct annual independent testing of our mortgage compliance in accordance with the SAFE Act (Reg G) requirements.
All other trademarks are the property of their respective owners.
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People Driven Credit Union is an Equal Housing Opportunity Lender NMLS #776727 |
