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$331,760$424,800$513,450$638,100
ALGERNON-METRO$331,760$424,800$513,450$638,100
ALLEGANHOLLAND, MI$331,760$424,800$513,450$638,100
ALPENAALPENA, MI$331,760$424,800$513,450$638,100
ANTRIMNON-METRO$331,760$424,800$513,450$638,100
ARENACNON-METRO$331,760$424,800$513,450$638,100
BARAGANON-METRO$331,760$424,800$513,450$638,100
BARRYNON-METRO$331,760$424,800$513,450$638,100
BAYBAY CITY, MI$331,760$424,800$513,450$638,100
BENZIETRAVERSE CITY, MI$331,760$424,800$513,450$638,100
BERRIENNILES, MI$331,760$424,800$513,450$638,100
BRANCHCOLDWATER, MI$331,760$424,800$513,450$638,100
CALHOUNBATTLE CREEK, MI$331,760$424,800$513,450$638,100
CASSSOUTH BEND-MISHAWAKA, IN-MI$331,760$424,800$513,450$638,100
CHARLEVOIXNON-METRO$331,760$424,800$513,450$638,100
CHEBOYGANNON-METRO$331,760$424,800$513,450$638,100
CHIPPEWASAULT STE. MARIE, MI$331,760$424,800$513,450$638,100
CLARENON-METRO$331,760$424,800$513,450$638,100
CLINTONLANSING-EAST LANSING, MI$331,760$424,800$513,450$638,100
CRAWFORDNON-METRO$331,760$424,800$513,450$638,100
DELTAESCANABA, MI$331,760$424,800$513,450$638,100
DICKINSONIRON MOUNTAIN, MI-WI$331,760$424,800$513,450$638,100
EATONLANSING-EAST LANSING, MI$331,760$424,800$513,450$638,100
EMMETNON-METRO$331,760$424,800$513,450$638,100
GENESEEFLINT, MI$331,760$424,800$513,450$638,100
GLADWINNON-METRO$331,760$424,800$513,450$638,100
GOGEBICNON-METRO$331,760$424,800$513,450$638,100
GRAND TRAVERSETRAVERSE CITY, MI$331,760$424,800$513,450$638,100
GRATIOTALMA, MI$331,760$424,800$513,450$638,100
HILLSDALEHILLSDALE, MI$331,760$424,800$513,450$638,100
HOUGHTONHOUGHTON, MI$331,760$424,800$513,450$638,100
HURONNON-METRO$331,760$424,800$513,450$638,100
INGHAMLANSING-EAST LANSING, MI$331,760$424,800$513,450$638,100
IONIAGRAND RAPIDS-KENTWOOD, MI$331,760$424,800$513,450$638,100
IOSCONON-METRO$331,760$424,800$513,450$638,100
IRONNON-METRO$331,760$424,800$513,450$638,100
ISABELLAMOUNT PLEASANT, MI$331,760$424,800$513,450$638,100
JACKSONJACKSON, MI$331,760$424,800$513,450$638,100
KALAMAZOOKALAMAZOO-PORTAGE, MI$331,760$424,800$513,450$638,100
KALKASKATRAVERSE CITY, MI$331,760$424,800$513,450$638,100
KENTGRAND RAPIDS-KENTWOOD, MI$331,760$424,800$513,450$638,100
KEWEENAWHOUGHTON, MI$331,760$424,800$513,450$638,100
LAKENON-METRO$331,760$424,800$513,450$638,100
LAPEERDETROIT-WARREN-DEARBORN, MI$331,760$424,800$513,450$638,100
LEELANAUTRAVERSE CITY, MI$331,760$424,800$513,450$638,100
LENAWEEADRIAN, MI$331,760$424,800$513,450$638,100
LIVINGSTONDETROIT-WARREN-DEARBORN, MI$331,760$424,800$513,450$638,100
LUCENON-METRO$331,760$424,800$513,450$638,100
MACKINACNON-METRO$331,760$424,800$513,450$638,100
MACOMBDETROIT-WARREN-DEARBORN, MI$331,760$424,800$513,450$638,100
MANISTEENON-METRO$331,760$424,800$513,450$638,100
MARQUETTEMARQUETTE, MI$331,760$424,800$513,450$638,100
MASONLUDINGTON, MI$331,760$424,800$513,450$638,100
MECOSTABIG RAPIDS, MI$331,760$424,800$513,450$638,100
MENOMINEEMARINETTE, WI-MI$331,760$424,800$513,450$638,100
MIDLANDMIDLAND, MI$331,760$424,800$513,450$638,100
MISSAUKEECADILLAC, MI$331,760$424,800$513,450$638,100
MONROEMONROE, MI$331,760$424,800$513,450$638,100
MONTCALMGRAND RAPIDS-KENTWOOD, MI$331,760$424,800$513,450$638,100
MONTMORENCYNON-METRO$331,760$424,800$513,450$638,100
MUSKEGONMUSKEGON, MI$331,760$424,800$513,450$638,100
NEWAYGONON-METRO$331,760$424,800$513,450$638,100
OAKLANDDETROIT-WARREN-DEARBORN, MI$331,760$424,800$513,450$638,100
OCEANANON-METRO$331,760$424,800$513,450$638,100
OGEMAWNON-METRO$331,760$424,800$513,450$638,100
ONTONAGONNON-METRO$331,760$424,800$513,450$638,100
OSCEOLANON-METRO$331,760$424,800$513,450$638,100
OSCODANON-METRO$331,760$424,800$513,450$638,100
OTSEGONON-METRO$331,760$424,800$513,450$638,100
OTTAWAGRAND RAPIDS-KENTWOOD, MI$331,760$424,800$513,450$638,100
PRESQUE ISLENON-METRO$331,760$424,800$513,450$638,100
ROSCOMMONNON-METRO$331,760$424,800$513,450$638,100
SAGINAWSAGINAW, MI$331,760$424,800$513,450$638,100
SANILACNON-METRO$331,760$424,800$513,450$638,100
SCHOOLCRAFTNON-METRO$331,760$424,800$513,450$638,100
SHIAWASSEELANSING-EAST LANSING, MI$331,760$424,800$513,450$638,100
ST. CLAIRDETROIT-WARREN-DEARBORN, MI$331,760$424,800$513,450$638,100
ST. JOSEPHSTURGIS, MI$331,760$424,800$513,450$638,100
TUSCOLANON-METRO$331,760$424,800$513,450$638,100
VAN BURENNON-METRO$331,760$424,800$513,450$638,100
WASHTENAWANN ARBOR, MI$331,760$424,800$513,450$638,100
WAYNEDETROIT-WARREN-DEARBORN, MI$331,760$424,800$513,450$638,100
WEXFORDCADILLAC, MI$331,760$424,800$513,450$638,100

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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