All improvements must be permanent to the house. Payments are repaid monthly to the state, taxes and insurance will be escrowed with payment. This program will allow replacement of old, deteriorated mobile homes and site-built homes. Owner's must have lived in the residence for at least one year. House must meet criteria for replacement.
Bad credit is unacceptable.
Taxes and insurance must be escrowed with the payment. Term of most loans will be 30 years. Income and interest rate are the same as the PIP loan. Return to top of Page Listed above are only some of the requirements for programs available through the Roscommon County Housing Commission. This web-site is being offered as a public service.