What kind of loan do we need for redemption ?

For redemption of a property, typically a mortgage refinance loan is needed. This type of loan allows you to pay off your existing mortgage and potentially consolidate other debts or secure better terms.

In Michigan, once a home goes through a sheriff’s sale there is usually a redemption period, where the homeowner can pay the redemption amount to reclaim the property. That money doesn’t always have to come from a traditional loan. Some people use a refinance, private financing, or other funds depending on the situation. Since you mentioned you have proof of making your payments, I would strongly recommend speaking with a real estate attorney as soon as possible. Situations like this sometimes involve servicing errors and there may still be options available during the redemption period.