SDA Income Sales Price Limits I ome Loan I ome Loan le CC ...

9.5.19

MSHDA Income & Sales Price Limits MI Home Loan, MI Home Loan Flex* & MCC Program

*Flex conventional loan - maximum income limit 80% AMI & below (qualifying income) Fannie Mae Area Median Income (AMI) Lookup Tool

County Location

Alcona Alger Allegan Alpena Antrim Arenac Baraga Barry Bay Bay Benzie Berrien Branch Calhoun Calhoun Cass Charlevoix Cheboygan Chippewa Clare Clinton Clinton Crawford Delta Dickinson Eaton Eaton Emmet Genesee Genesee Gladwin Gogebic Grand Traverse Gratiot Hillsdale Houghton Huron Ingham Ionia Iosco Iron Isabella Jackson Jackson Kalamazoo Kalkaska Kent Kent Keweenaw Lake Lapeer

City/Township (Determined by Legal Description of Property) Entire County Entire County Entire County Entire County Entire County Entire County Entire County Entire County Bay City, Gibson Twp., Mt. Forest Twp., Pinconning Twp. Rest of County Entire County Entire County Entire County Albion, Battle Creek, Burlington, Lee Twp. Rest of County Entire County Entire County Entire County Entire County Entire County East Lansing, LebaNon-Targeted Arean Twp., Maple Rapids, Ovid Twp. Rest of County Entire County Entire County Entire County Brookfield Twp., Charlotte, Olivet, Roxand Twp., Vermontville Rest of County Entire County Flint, Genesee Twp., Mount Morris Twp. Rest of County Entire County Entire County Entire County Entire County Entire County Entire County Entire County Entire County Entire County Entire County Entire County Entire County Jackson, Pulaski Twp. Rest of County Entire County Entire County Grand Rapids, Kent City, Kentwood, Spencer Twp., Wyoming Rest of County Entire County Entire County Entire County

MI Home Loan: NON-TARGETED AREAS: Must be a first-time homebuyer TARGETED AREAS: May be a first-time homebuyer or repeat homebuyer

Targeted Area or Non-Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Non-Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Non-Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Non-Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Non-Targeted Area Targeted Area Targeted Area Non-Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Non-Targeted Area Targeted Area Targeted Area Targeted Area Non-Targeted Area Targeted Area Targeted Area Targeted Area

Income Limit 1-2 Persons $85,920 $85,920 $87,120 $85,920 $85,920 $85,920 $85,920 $85,920 $85,920 $71,600 $85,920 $85,920 $85,920 $85,920 $71,600 $85,920 $85,920 $85,920 $85,920 $85,920 $89,160 $74,300 $85,920 $85,920 $85,920 $89,160 $74,300 $85,920 $85,920 $71,600 $85,920 $85,920 $93,000 $85,920 $85,920 $85,920 $85,920 $89,160 $85,920 $85,920 $85,920 $85,920 $85,920 $71,600 $88,680 $85,920 $91,920 $76,600 $85,920 $85,920 $91,560

MI Home Loan Flex: Available to first time and repeat homebuyers

Income Limit 3 or more $100,240 $100,240 $101,640 $100,240 $100,240 $100,240 $100,240 $100,240 $100,240 $82,340 $100,240 $100,240 $100,240 $100,240 $82,340 $100,240 $100,240 $100,240 $100,240 $100,240 $104,020 $85,445 $100,240 $100,240 $100,240 $104,020 $85,445 $100,240 $100,240 $82,340 $100,240 $100,240 $108,500 $100,240 $100,240 $100,240 $100,240 $104,020 $100,240 $100,240 $100,240 $100,240 $100,240 $82,340 $103,460 $100,240 $107,240 $88,090 $100,240 $100,240 $106,820

2019 Sales Price Limit $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500

TM

Equal Housing Employer/Lender

1.844.984.HOME (4663)

Terms and conditions apply. Find out more at details

9.5.19

MSHDA Income & Sales Price Limits MI Home Loan, MI Home Loan Flex* & MCC Program

*Flex conventional loan - maximum income limit 80% AMI & below (qualifying income) Fannie Mae Area Median Income (AMI) Lookup Tool

County Location

Lenawee Livingston Livingston Luce Mackinac Macomb Macomb Manistee Marquette Mason Mecosta Menominee

Midland

Midland Missaukee Monroe Monroe Montcalm Montmorency Muskegon Muskegon Newaygo Oakland Oakland Oceana Ogemaw Ontonagon Osceola Oscoda Otsego Ottawa Ottawa Presque Isle Roscommon

Saginaw

Saginaw Sanilac Schoolcraft Shiawassee Shiawassee St. Clair St. Joseph Tuscola Van Buren Washtenaw

Wayne

Wayne Wexford

City/Township (Determined by Legal Description of Property) Entire County Cohoctah Twp, Conway Twp, Howell, Iosco Twp Rest of County Entire County Entire County Harrison Twp., Mt. Clemens Rest of County Entire County Entire County Entire County Entire County Entire County Coleman, Geneva Twp., Greendale Twp., Jasper Twp., Lee Twp., Midland, Mills Twp., Mt. Haley Twp. Rest of County Entire County Frenchtown Twp., Luna Pier Rest of County Entire County Entire County Muskegon, Muskegon Heights Rest of County Entire County Pontiac, Royal Oak Twp., Southfield Rest of County Entire County Entire County Entire County Entire County Entire County Entire County Allendale Twp., Chester Twp., Holland Rest of County Entire County Entire County Brady Twp., Brant Twp., Bridgeport Twp., Chapin Twp., Marion Twp., Merrill, Saginaw Rest of County Entire County Entire County Fairfield Twp., Hazelton Twp., Laingsburg, Middlebury Twp., Owosso Rest of County Entire County Entire County Entire County Entire County Entire County Dearborn, Detroit, Ecorse, Hamtramck, Highland Park, Inkster, Lincoln Park, River Rouge, Taylor, Wayne Rest of County Entire County

Targeted Area or Non-Targeted Area Targeted Area Targeted Area Non-Targeted Area Targeted Area Targeted Area Targeted Area Non-Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area

Targeted Area

Non-Targeted Area Targeted Area Targeted Area Non-Targeted Area Targeted Area Targeted Area Targeted Area Non-Targeted Area Targeted Area Targeted Area Non-Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Non-Targeted Area Targeted Area Targeted Area

Targeted Area

Non-Targeted Area Targeted Area Targeted Area Targeted Area Non-Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area Targeted Area

Targeted Area

Non-Targeted Area Targeted Area

Income Limit 1-2 Persons $85,920 $123,480 $102,900 $85,920 $85,920 $91,560 $76,300 $85,920 $88,200 $85,920 $85,920 $85,920

$89,520

$74,600 $85,920 $94,800 $79,000 $85,920 $85,920 $85,920 $71,600 $85,920 $91,560 $76,300 $85,920 $85,920 $85,920 $85,920 $85,920 $85,920 $100,800 $84,000 $85,920 $85,920

$85,920

$71,600 $85,920 $85,920 $85,920 $71,600 $91,560 $85,920 $85,920 $88,680 $121,440

$91,560

$76,300 $85,920

Income Limit 3 or more $100,240 $144,060 $118,335 $100,240 $100,240 $106,820 $87,745 $100,240 $102,900 $100,240 $100,240 $100,240

$104,440

$85,790 $100,240 $110,600 $90,850 $100,240 $100,240 $100,240 $82,340 $100,240 $106,820 $87,745 $100,240 $100,240 $100,240 $100,240 $100,240 $100,240 $117,600 $96,600 $100,240 $100,240

$100,240

$82,340 $100,240 $100,240 $100,240 $82,340 $106,820 $100,240 $100,240 $103,460 $141,680

$106,820

$87,745 $100,240

2019 Sales Price Limit $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500

$224,500

$224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500

$224,500

$224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500 $224,500

$224,500

$224,500 $224,500

MI Home Loan: NON-TARGETED AREAS: Must be a first-time homebuyer TARGETED AREAS: May be a first-time homebuyer or repeat homebuyer

MI Home Loan Flex: Available to first time and repeat homebuyers

Equal Housing Employer/Lender

1.844.984.HOME (4663)

Terms and conditions apply. Find out more at details

TM

MK171012-201

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