Saving for a down payment can delay your dreams of homeownership—but it doesn’t have to. People Driven Credit Union’s Zero Down Purchase Program gives you the power to buy a home with up to 100% financing. Whether you’re a first-time buyer or just starting over, this program helps you skip the savings struggle and start building equity now.
Membership and eligibility requirements apply, with approval subject to application, credit, and property considerations.
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 Mortgagemichelle.dzon@memberfirstmortgage.com
616-301-1714 | NMLS ID: #401292 | People Driven Credit Union NMLS ID: #776727
How the Zero Down Program Works
Qualified buyers can finance the full purchase price of a home—meaning you don’t need a down payment to get started. With fixed and adjustable-rate mortgage options available, you’ll have the flexibility to choose what fits your life and your budget.
Key Benefits
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100% financing on primary residences
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No Private Mortgage Insurance (PMI)
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Loan amounts up to $350,000
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Fixed-rate and ARM options available
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Competitive interest rates with no special LLPAs
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Origination fee: 1.5% of the loan amount
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Minimum credit score: 740
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Maximum debt-to-income ratio: 37%
Mortgage insurance may be required based on borrower profile. Applications accepted beginning July 22, 2025. Program availability is subject to change without notice.
Who’s Eligible?
This program is open to both first-time and repeat homebuyers purchasing a primary residence. Available statewide in Michigan. If saving for a down payment has been holding you back, this could be your opportunity to finally own a home.
Let’s Get You Home
Don’t let a down payment stand between you and your new home. The Zero Down Purchase Program is designed to help you move forward with confidence—and without the upfront cost. We’re here to walk you through every step.
Contact us today to speak with a lending expert and start your path to homeownership:
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 Mortgagemichelle.dzon@memberfirstmortgage.com
616-301-1714 | NMLS ID: #401292 | People Driven Credit Union NMLS ID: #776727
Disclosures
Equal Housing Lender. Member First Mortgage, LLC NMLS ID# 149532.
All loans are subject to credit approval. Terms and conditions apply. Applications accepted beginning July 22, 2025. Program availability is subject to change without notice.
Mortgage rates change daily; therefore, inquire with PDCU for current mortgage rates.
Enjoy the added convenience of making payments with direct deposit. *Use of a calculator tool is not a guarantee of credit.
*Available to all borrowers using a Conventional or Government mortgage loan program on a purchase or refinance transaction with People Driven Credit Union, NMLS ID# 776727, and Member First Mortgage, LLC (MFM), NMLS ID# 149532 only. All loans are subject to approval. additional restrictions may apply.
- Lower your monthly mortgage payment
- Eliminate Mortgage Insurance payments
Closing Costs Promo:
Conventional Disclosure: Available to all borrowers using a conventional mortgage loan program on a purchase or refinance transaction with People Driven Credit Union, NMLS ID: 776727, and Member First Mortgage, LLC (MFM), NMLS ID: 149532. Eligibility requires a borrower credit score of 620 or higher; detached, owner-occupied properties only. Refinancing an existing mortgage loan may result in higher total finance charges over the life of the loan. This is not a commitment to lend.
Member First Mortgage, LLC is an affiliate of People Driven Credit Union.
- People Driven Credit Union: 24333 Lahser Rd., Southfield, MI, 48033 | (248) 263.4100 | NMLS ID: 776727.
- Member First Mortgage, LLC Corporate Office: 616 44th Street SE, Grand Rapids, MI 49548 | (866) 898.1818 | NMLS ID: 149532.
Equal Housing Opportunity.
Example: Based on a $200,000 loan with a conventional 30-year fixed rate term (360 monthly principal and interest payments of $1,280.62, not including taxes and insurance); annual percentage rate (APR) of 6.732%. The down payment assumes a 5% cash requirement by the borrower, with 95% financing.
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. Refinancing an existing mortgage loan may result in higher total finance charges over the life of the loan. People Driven Credit Union 24333 Lahser Road, Southfield, MI 48033 | (248) 263.4100| NMLS ID: 776727 |
$100,000 – 30-year term at the interest rate of 7.928%, the monthly payment would be approximately $729
Payment Examples Do not include taxes and insurance; the actual payment obligation will be higher.
*APR = Annual Percentage Rate. Your actual APR will be determined at the time of disbursement and will be based on your application and credit information. Rates quoted assume excellent borrower credit history. Not all applicants will qualify for the lowest rate.
People Driven Credit Union is an Equal Housing Opportunity Lender NMLS #776727
All other trademarks are the property of their respective owners.
SAFE Act Compliance Testing:
We conduct annual independent testing of our mortgage compliance in accordance with the SAFE Act (Reg G) requirements.
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