What are FHA Loan Limits in Michigan?

FHA loans are a low down payment mortgage program and Michigan FHA loan limits are connected to local home values. Search the charts below to determine the maximum mortgage amount allowed for your county. FHA loan limits in Michigan are set at the floor amount of $275,665 across almost the entire state.

Michigan FHA Loan Limits Search:

County Name
Area
1-Unit
2-Unit
3-Unit
4-Unit
ALCONANON-METRO$275,665$352,950$426,625$530,150
ALGERNON-METRO$275,665$352,950$426,625$530,150
ALLEGANHOLLAND, MI$275,665$352,950$426,625$530,150
ALPENAALPENA, MI$275,665$352,950$426,625$530,150
ANTRIMNON-METRO$275,665$352,950$426,625$530,150
ARENACNON-METRO$275,665$352,950$426,625$530,150
BARAGANON-METRO$275,665$352,950$426,625$530,150
BARRYGRAND RAPIDS-WYOMING, MI$275,665$352,950$426,625$530,150
BAYBAY CITY, MI$275,665$352,950$426,625$530,150
BENZIETRAVERSE CITY, MI$275,665$352,950$426,625$530,150
BERRIENNILES-BENTON HARBOR, MI$275,665$352,950$426,625$530,150
BRANCHCOLDWATER, MI$275,665$352,950$426,625$530,150
CALHOUNBATTLE CREEK, MI$275,665$352,950$426,625$530,150
CASSSOUTH BEND-MISHAWAKA, IN-MI$275,665$352,950$426,625$530,150
CHARLEVOIXNON-METRO$275,665$352,950$426,625$530,150
CHEBOYGANNON-METRO$275,665$352,950$426,625$530,150
CHIPPEWASAULT STE. MARIE, MI$275,665$352,950$426,625$530,150
CLARENON-METRO$275,665$352,950$426,625$530,150
CLINTONLANSING-EAST LANSING, MI$275,665$352,950$426,625$530,150
CRAWFORDNON-METRO$275,665$352,950$426,625$530,150
DELTAESCANABA, MI$275,665$352,950$426,625$530,150
DICKINSONIRON MOUNTAIN, MI-WI$275,665$352,950$426,625$530,150
EATONLANSING-EAST LANSING, MI$275,665$352,950$426,625$530,150
EMMETNON-METRO$275,665$352,950$426,625$530,150
GENESEEFLINT, MI$275,665$352,950$426,625$530,150
GLADWINNON-METRO$275,665$352,950$426,625$530,150
GOGEBICNON-METRO$275,665$352,950$426,625$530,150
GRAND TRAVERSETRAVERSE CITY, MI$275,665$352,950$426,625$530,150
GRATIOTALMA, MI$275,665$352,950$426,625$530,150
HILLSDALEHILLSDALE, MI$275,665$352,950$426,625$530,150
HOUGHTONHOUGHTON, MI$275,665$352,950$426,625$530,150
HURONNON-METRO$275,665$352,950$426,625$530,150
INGHAMLANSING-EAST LANSING, MI$275,665$352,950$426,625$530,150
IONIAIONIA, MI$275,665$352,950$426,625$530,150
IOSCONON-METRO$275,665$352,950$426,625$530,150
IRONNON-METRO$275,665$352,950$426,625$530,150
ISABELLAMOUNT PLEASANT, MI$275,665$352,950$426,625$530,150
JACKSONJACKSON, MI$275,665$352,950$426,625$530,150
KALAMAZOOKALAMAZOO-PORTAGE, MI$275,665$352,950$426,625$530,150
KALKASKATRAVERSE CITY, MI$275,665$352,950$426,625$530,150
KENTGRAND RAPIDS-WYOMING, MI$275,665$352,950$426,625$530,150
KEWEENAWHOUGHTON, MI$275,665$352,950$426,625$530,150
LAKENON-METRO$275,665$352,950$426,625$530,150
LAPEERDETROIT-WARREN-DEARBORN, MI$275,665$352,950$426,625$530,150
LEELANAUTRAVERSE CITY, MI$275,665$352,950$426,625$530,150
LENAWEEADRIAN, MI$275,665$352,950$426,625$530,150
LIVINGSTONDETROIT-WARREN-DEARBORN, MI$275,665$352,950$426,625$530,150
LUCENON-METRO$275,665$352,950$426,625$530,150
MACKINACNON-METRO$275,665$352,950$426,625$530,150
MACOMBDETROIT-WARREN-DEARBORN, MI$275,665$352,950$426,625$530,150
MANISTEENON-METRO$275,665$352,950$426,625$530,150
MARQUETTEMARQUETTE, MI$275,665$352,950$426,625$530,150
MASONLUDINGTON, MI$275,665$352,950$426,625$530,150
MECOSTABIG RAPIDS, MI$275,665$352,950$426,625$530,150
MENOMINEEMARINETTE, WI-MI$275,665$352,950$426,625$530,150
MIDLANDMIDLAND, MI$275,665$352,950$426,625$530,150
MISSAUKEECADILLAC, MI$275,665$352,950$426,625$530,150
MONROEMONROE, MI$275,665$352,950$426,625$530,150
MONTCALMGRAND RAPIDS-WYOMING, MI$275,665$352,950$426,625$530,150
MONTMORENCYNON-METRO$275,665$352,950$426,625$530,150
MUSKEGONMUSKEGON, MI$275,665$352,950$426,625$530,150
NEWAYGONON-METRO$275,665$352,950$426,625$530,150
OAKLANDDETROIT-WARREN-DEARBORN, MI$275,665$352,950$426,625$530,150
OCEANANON-METRO$275,665$352,950$426,625$530,150
OGEMAWNON-METRO$275,665$352,950$426,625$530,150
ONTONAGONNON-METRO$275,665$352,950$426,625$530,150
OSCEOLANON-METRO$275,665$352,950$426,625$530,150
OSCODANON-METRO$275,665$352,950$426,625$530,150
OTSEGONON-METRO$275,665$352,950$426,625$530,150
OTTAWAGRAND RAPIDS-WYOMING, MI$275,665$352,950$426,625$530,150
PRESQUE ISLENON-METRO$275,665$352,950$426,625$530,150
ROSCOMMONNON-METRO$275,665$352,950$426,625$530,150
SAGINAWSAGINAW, MI$275,665$352,950$426,625$530,150
SANILACNON-METRO$275,665$352,950$426,625$530,150
SCHOOLCRAFTNON-METRO$275,665$352,950$426,625$530,150
SHIAWASSEEOWOSSO, MI$275,665$352,950$426,625$530,150
ST. CLAIRDETROIT-WARREN-DEARBORN, MI$275,665$352,950$426,625$530,150
ST. JOSEPHSTURGIS, MI$275,665$352,950$426,625$530,150
TUSCOLANON-METRO$275,665$352,950$426,625$530,150
VAN BURENKALAMAZOO-PORTAGE, MI$275,665$352,950$426,625$530,150
WASHTENAWANN ARBOR, MI$275,665$352,950$426,625$530,150
WAYNEDETROIT-WARREN-DEARBORN, MI$275,665$352,950$426,625$530,150
WEXFORDCADILLAC, MI$275,665$352,950$426,625$530,150

Michigan FHA loan limits can change at any time. Check back often to ensure accurate information.

How are Michigan FHA Limits Set?

Michigan FHA Loan LimitsMortgage limits for Michigan FHA loans are based on median housing prices for the particular Metropolitan Statistical Area (MSA) and county. More specifically, “Median Sale Price” for area homes in each county or MSA is considered the determining factor. National FHA mortgage limits for low costs areas are set at 65 percent of the national conventional conforming loan limit. FHA loan limits are updated yearly.

Michigan FHA Loan-to-Value Limits (LTV)

  • Purchase Loans –  The mortgage loan-to-value limit in MI is 96.5% of the lower of the purchase price or the appraised value of the home.
  • Refinance Loans – The refinance loan-to-value limit in MI is 97.75% of the lower of the appraised property value, or the mortgage amount plus closing costs. If you’re refinancing and taking cash out from equity, the loan limit will be limited to 85% of the appraised home value.

Michigan FHA loan limits are set above the nationwide floor amount in Detroit, Ann Arbor, Warren and surrounding areas. You may also want to view these additional FHA loan resources before deciding on a mortgage loan:

More FHA Loan Resources

 

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