Dan Green

Dan Green

Since 2003, Dan Green has been a leading mortgage lender and respected industry authority. His unwavering commitment to first-time home buyers and home buyer education has established him as a trusted voice among his colleagues, his peers, and the media. Dan founded Homebuyer.com to expand the American Dream of Homeownership to all who want it. .

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Mortgage Loan Limits for Michigan

Conforming Loans
FHA Loans
Property Type
2024 Loan Limit
1-Unit Homes
$766,550
2-Unit Homes
$981,500
3-Unit Homes
$1,186,350
4-Unit Homes
$1,474,400
Source: Federal Housing Finance Agency; Federal Housing Administration

Michigan mortgage loan limits apply in:

Historical Charts: Mortgage Loan Limits in Michigan

Michigan mortgage loan limits adjust annually to match changes in the FHFA House Price Index.

Conforming Loans
FHA Loans

Mortgage Statistics from Michigan

Michigan mortgage statistics are sourced from the FFIEC, which collects anonymous HMDA mortgage data from U.S. mortgage applications.

Loan Type
Relative Share
Conventional
75.00%
FHA
17.18%
VA
1.85%
USDA
5.97%
Property Type
Relative Share
1-Unit Homes
98.93%
2-Unit Homes
0.92%
3-Unit Homes
0.08%
4-Unit Homes
0.06%
Borrower Status
Relative Share
One Borrower
65.76%
Two or More Borrowers
34.24%
Gender
Relative Share
Male
57.14%
Female
30.82%
Not Specified
12.05%
Race
Relative Share
American Indian / Alaska Native
0.40%
Asian
3.90%
Black / African American
6.40%
Native Hawaiian / Other Pacific Islander
0.08%
White
87.63%
Other
1.59%
Ethnicity
Relative Share
Hispanic or Latino
3.30%
Not Hispanic or Latino
95.34%
Michigan data represents 2018-2022 closed-end, first-lien purchase mortgages for 1-4 unit residential properties. Source: FFEIC Home Mortgage Disclosure Act

Mortgage Loan Limits in All Michigan Counties

2024 conforming and FHA mortgage loan limits for all Michigan counties. Local loan limits and county-level mortgage data updated regularly.

Michigan Counties

Alcona County, Michigan
Alger County, Michigan
Allegan County, Michigan
Alpena County, Michigan
Antrim County, Michigan
Arenac County, Michigan
Baraga County, Michigan
Barry County, Michigan
Bay County, Michigan
Benzie County, Michigan
Berrien County, Michigan
Branch County, Michigan
Calhoun County, Michigan
Cass County, Michigan
Charlevoix County, Michigan
Cheboygan County, Michigan
Chippewa County, Michigan
Clare County, Michigan
Clinton County, Michigan
Crawford County, Michigan
Delta County, Michigan
Dickinson County, Michigan
Eaton County, Michigan
Emmet County, Michigan
Genesee County, Michigan
Gladwin County, Michigan
Gogebic County, Michigan
Grand Traverse County, Michigan
Gratiot County, Michigan
Hillsdale County, Michigan
Houghton County, Michigan
Huron County, Michigan
Ingham County, Michigan
Ionia County, Michigan
Iosco County, Michigan
Iron County, Michigan
Isabella County, Michigan
Jackson County, Michigan
Kalamazoo County, Michigan
Kalkaska County, Michigan
Kent County, Michigan
Keweenaw County, Michigan
Lake County, Michigan
Lapeer County, Michigan
Leelanau County, Michigan
Lenawee County, Michigan
Livingston County, Michigan
Luce County, Michigan
Mackinac County, Michigan
Macomb County, Michigan
Manistee County, Michigan
Marquette County, Michigan
Mason County, Michigan
Mecosta County, Michigan
Menominee County, Michigan
Midland County, Michigan
Missaukee County, Michigan
Monroe County, Michigan
Montcalm County, Michigan
Montmorency County, Michigan
Muskegon County, Michigan
Newaygo County, Michigan
Oakland County, Michigan
Oceana County, Michigan
Ogemaw County, Michigan
Ontonagon County, Michigan
Osceola County, Michigan
Oscoda County, Michigan
Otsego County, Michigan
Ottawa County, Michigan
Presque Isle County, Michigan
Roscommon County, Michigan
Saginaw County, Michigan
St. Clair County, Michigan
St. Joseph County, Michigan
Sanilac County, Michigan
Schoolcraft County, Michigan
Shiawassee County, Michigan
Tuscola County, Michigan
Van Buren County, Michigan
Washtenaw County, Michigan
Wayne County, Michigan
Wexford County, Michigan
National Data

See Today’s Mortgage Rates in Michigan

       

Today's 30-year fixed-rate mortgage rate in Michigan is 6.5%. See current mortgage rates for every mortgage product and check your eligibility for first-time home buyer programs with an Immedate Mortgage Approval by Homebuyer.com.

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