USDA Loans in Michigan

USDA LOANS IN MICHIGAN
USDA Home Loans offer flexible credit requirements along with NO MONEY DOWN. The interest rates are competitive and you can close your loan in roughly 45 days. The USDA Home loan is a great loan for those individuals with limited and average or below average credit profiles. A credit score of 620 is required to qualify for a USDA Loan, and a credit score of 640 drastically increases your chances. If you are close to either of these credit scores, contact one of our USDA Loan agents today to see how we can help you improve your credit score.

USDA LOAN ELIGIBILITY IN MICHIGAN
Many areas in the state of Michigan qualify for a USDA Loan. While the larger cities such as Detroit, Ann Arbor, and Flint will not qualify for a USDA Loan you might be surprised to learn that many of the suburbs of these cities DO qualify for a USDA Loan.

To qualify for a USDA Loan, USDA Loan Underwriters will want to make sure that you meet income guidelines. USDA loan income guidelines are based off of your household size and the county of your residence. Below is a list of income limits by county in Michigan.

County Name Family Size 1 -4 Family Size 5 – 8
Alcona $75,650 $99,850
Alger $75,650 $99,850
Allegan $75,650 $99,850
Alpena $75,650 $99,850
Antrim $75,650 $99,850
Arenac $75,650 $99,850
Baraga $75,650 $99,850
Barry $76,850 $101,450
Bay $75,650 $99,850
Benzie $75,650 $99,850
Berrien $75,650 $99,850
Branch $75,650 $99,850
Calhoun $75,650 $99,850
Cass $75,650 $99,850
Charlevoix $75,650 $99,850
Cheboygan $75,650 $99,850
Chippewa $75,650 $99,850
Clare $75,650 $99,850
Clinton $79,000 $104,300
Crawford $75,650 $99,850
Delta $75,650 $99,850
Dickinson $75,650 $99,850
Eaton $79,000 $104,300
Emmet $76,850 $101,450
Genesee $75,650 $99,850
Gladwin $75,650 $99,850
Gogebic $75,650 $99,850
Grand Traverse $75,750 $100,000
Gratiot $75,650 $99,850
Hillsdale $75,650 $99,850
Houghton $75,650 $99,850
Huron $75,650 $99,850
Ingham $79,000 $104,300
Ionia $75,650 $99,850
Iosco $75,650 $99,850
Iron $75,650 $99,850
Isabella $75,650 $99,850
Jackson $75,650 $99,850
Kalamazoo $75,650 $99,850
Kalkaska $75,650 $99,850
Kent $75,650 $99,850
Keweenaw $75,650 $99,850
Lake $75,650 $99,850
Lapeer $81,650 $107,800
Leelanau $79,800 $105,350
Lenawee $89,850 $118,600
Livingston $94,600 $124,850
Luce $75,650 $99,850
Mackinac $75,650 $99,850
Macomb $81,650 $107,800
Manistee $75,650 $99,850
Marquette $75,650 $99,850
Mason $75,650 $99,850
Mecosta $75,650 $99,850
Menominee $75,650 $99,850
Midland $80,500 $106,250
Missaukee $75,650 $99,850
Monroe $80,850 $106,700
Montcalm $75,650 $99,850
Montmorency $75,650 $99,850
Muskegon $75,650 $99,850
Newaygo $75,650 $99,850
Oakland $81,650 $107,800
Oceana $75,650 $99,850
Ogemaw $75,650 $99,850
Ontonagon $75,650 $99,850
Osceola $75,650 $99,850
Oscoda $75,650 $99,850
Otsego $75,650 $99,850
Ottawa $75,650 $99,850
Presque Isle $75,650 $99,850
Roscommon $75,650 $99,850
Saginaw $75,650 $99,850
Sanilac $75,650 $99,850
Schoolcraft $75,650 $99,850
Shiawassee $75,650 $99,850
St Clair $81,650 $107,800
St Joseph $75,650 $99,850
Tuscola $75,650 $99,850
Van Buren $75,650 $99,850
Washtenaw $94,600 $124,850
Wayne $81,650 $107,800
Wexford $75,650 $99,850

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