THE FHA IN MICHIGAN

FHA loans have been helping Michigan residents since 1934 

 

A licensed Michigan FHA Lender can offer you a better loan including:

Low down payments (if any)

24 Hour Pre-Approval

Low closing costs

Easier credit qualifying

48 hour Streamline Refinancing


 


Michigan First Time Home Buyer Loan

This FHA loan program was created to help increase homeownership. The FHA program makes buying a home easier and less expensive than any other types of real estate mortgage home loan programs.

Buy a home in Michigan with  help from a Family Member

When buying a home, almost every lender will want to know where your down payment came from. If someone in your family is helping you with that down payment, it is called a Gift of Equity, a special FHA loan program.

Michigan FHA Refinance to a Lower Rate

Lowering your monthly mortgage payment is easier than ever as mortgage interest rates continue to set new record lows almost every week for more than two month.  

Michigan FHA Debt Consolidation

An FHA Debt Consolidation Loan can change your life, and we can connect you to an FHA Home Lending expert to talk over your financial situation so you’re not left to figure out everything completely on your own.  

 

Michigan FHA Home Loan

How it works:

 

√    Determine the type of FHA Government Loan that best fits your needs.

 

√       Complete an easy 2 minute application form.

 

√    We will forward your application to one and only one  FHA Approved Lender who can best help you based upon:

 

  • The type of loan you requested

  • Your down-payment (if purchase loan)

  • The location (State) your property is located

  • Your credit history

  • The best rate available for your loan

 

√    An FHA Loan Specialist will respond within 1 business day. They will explain what type of loan you are approved for, and the options available to you. 

 

√    Immediately that same day, the FHA Lender will overnight your pre-approval letter to you.

 

√    Review with no obligations your FHA Loan Pre-approval and locked rate. 

 

Note- It is very important that you keep this letter. It is your official pre-approval on bank letterhead with your 'locked rate', and if purchasing a house, it is equally important that you present this letter to the real estate agent to confirm your pre-qualification status.              

Michigan FHA Lending Limits 2017

Michigan Median Home Sale Price Price $147,000

 

County NameSingleDuplex3 Unit4 Unit
ALCONA$275,665$352,950$426,625$530,150
ALGER$275,665$352,950$426,625$530,150
ALLEGAN$275,665$352,950$426,625$530,150
   HOLLAND, MI
ALPENA$275,665$352,950$426,625$530,150
   ALPENA, MI
ANTRIM$275,665$352,950$426,625 $530,150
ARENAC$275,665$352,950 $426,625$530,150
BARAGA$275,665 $352,950$426,625$530,150
BARRY $275,665$352,950$426,625$530,150
   GRAND RAPIDS-WYOMING, MI
BAY$275,665$352,950$426,625$530,150
   BAY CITY, MI
BENZIE$275,665$352,950$426,625$530,150
   TRAVERSE CITY, MI
BERRIEN$275,665$352,950$426,625$530,150
   NILES-BENTON HARBOR, MI
BRANCH$275,665$352,950$426,625$530,150
   COLDWATER, MI
CALHOUN$275,665$352,950$426,625$530,150
   BATTLE CREEK, MI
CASS$275,665$352,950$426,625$530,150
   SOUTH BEND-MISHAWAKA, IN-MI
CHARLEVOIX$275,665$352,950$426,625$530,150
CHEBOYGAN$275,665$352,950$426,625$530,150
CHIPPEWA$275,665$352,950$426,625$530,150
   SAULT STE. MARIE, MI
CLARE$275,665$352,950$426,625$530,150
CLINTON$275,665$352,950$426,625$530,150
   LANSING-EAST LANSING, MI
CRAWFORD$275,665$352,950$426,625$530,150
   NON-METRO
DELTA$275,665$352,950$426,625$530,150
   ESCANABA, MI
DICKINSON$275,665$352,950$426,625$530,150
   IRON MOUNTAIN, MI-WI
EATON$275,665$352,950$426,625$530,150
   LANSING-EAST LANSING, MI
EMMET$275,665$352,950$426,625$530,150
GENESEE$275,665$352,950$426,625$530,150
   FLINT, MI
GLADWIN$275,665$352,950$426,625$530,150
GOGEBIC$275,665$352,950$426,625$530,150
GRAND TRAVERSE$275,665$352,950$426,625$530,150
   TRAVERSE CITY, MI
GRATIOT$275,665$352,950$426,625$530,150
   ALMA, MI
HILLSDALE$275,665$352,950$426,625$530,150
   HILLSDALE, MI
HOUGHTON$275,665$352,950$426,625$530,150
   HOUGHTON, MI
HURON$275,665$352,950$426,625$530,150
INGHAM$275,665$352,950$426,625$530,150
   LANSING-EAST LANSING, MI
IONIA$275,665$352,950$426,625$530,150
   IONIA, MI
IOSCO$275,665$352,950$426,625$530,150
IRON$275,665$352,950$426,625$530,150
   NON-METRO
ISABELLA$275,665$352,950$426,625$530,150
   MOUNT PLEASANT, MI
JACKSON$275,665$352,950$426,625$530,150
   JACKSON, MI
KALAMAZOO$275,665$352,950$426,625$530,150
   KALAMAZOO-PORTAGE, MI
KALKASKA$275,665$352,950$426,625$530,150
   TRAVERSE CITY, MI
KENT$275,665$352,950$426,625$530,150
   GRAND RAPIDS-WYOMING, MI
KEWEENAW$275,665$352,950$426,625$530,150
   HOUGHTON, MI
LAKE$275,665$352,950$426,625$530,150
   NON-METRO
LAPEER$275,665$352,950$426,625$530,150
   DETROIT-WARREN-DEARBORN, MI
LEELANAU$275,665$352,950 $426,625$530,150
   TRAVERSE CITY, MI
LENAWEE$275,665$352,950$426,625$530,150
   ADRIAN, MI
LIVINGSTON$275,665$352,950$426,625$530,150
   DETROIT-WARREN-DEARBORN, MI
LUCE$275,665$352,950$426,625$530,150
MACKINAC$275,665$352,950$426,625$530,150
MACOMB$275,665$352,950$426,625$530,150
   DETROIT-WARREN-DEARBORN, MI
MANISTEE$275,665$352,950$426,625$530,150
   NON-METRO
MARQUETTE$275,665$352,950$426,625$530,150
   MARQUETTE, MI
MASON$275,665$352,950$426,625$530,150
   LUDINGTON, MI
MECOSTA$275,665$352,950$426,625$530,150
   BIG RAPIDS, MI
MENOMINEE$275,665$352,950$426,625$530,150
   MARINETTE, WI-MI
MIDLAND$275,665$352,950$426,625$530,150
   MIDLAND, MI
MISSAUKEE$275,665$352,950$426,625$530,150
   CADILLAC, MI
MONROE$275,665$352,950$426,625$530,150
   MONROE, MI
MONTCALM$275,665$352,950$426,625$530,150
   GRAND RAPIDS-WYOMING, MI
MONTMORENCY$275,665$352,950$426,625$530,150
MUSKEGON$275,665$352,950$426,625$530,150
   MUSKEGON, MI
NEWAYGO$275,665$352,950$426,625$530,150
OAKLAND$275,665$352,950$426,625$530,150
   DETROIT-WARREN-DEARBORN, MI
OCEANA$275,665$352,950$426,625$530,150
OGEMAW$275,665$352,950$426,625$530,150
ONTONAGON$275,665$352,950$426,625$530,150
OSCEOLA$275,665$352,950$426,625$530,150
   NON-METRO
OSCODA$275,665$352,950$426,625$530,150
OTSEGO$275,665$352,950$426,625$530,150
OTTAWA$275,665$352,950$426,625$530,150
   GRAND RAPIDS-WYOMING, MI
PRESQUE ISLE$275,665$352,950$426,625$530,150
ROSCOMMON$275,665$352,950$426,625$530,150
SAGINAW$275,665$352,950$426,625$530,150
   SAGINAW, MI
SANILAC$275,665$352,950$426,625$530,150
SCHOOLCRAFT$275,665$352,950$426,625$530,150
   NON-METRO
SHIAWASSEE$275,665$352,950$426,625$530,150
   OWOSSO, MI
ST. CLAIR$275,665$352,950$426,625$530,150
   DETROIT-WARREN-DEARBORN, MI
ST. JOSEPH$275,665$352,950$426,625$530,150
   STURGIS, MI
TUSCOLA$275,665$352,950$426,625$530,150
VAN BUREN$275,665$352,950$426,625$530,150
   KALAMAZOO-PORTAGE, MI
WASHTENAW$275,665$352,950$426,625$530,150
   ANN ARBOR, MI
WAYNE$275,665$352,950$426,625$530,150
   DETROIT-WARREN-DEARBORN, MI
WEXFORD$275,665$352,950$426,625$530,150
   CADILLAC, MI