For 2026, the conventional loan cap in Richmond, part of Macomb county, MI, is $726,200, while the FHA limit for a single-family residence is $472,030.
Utilize the Lendersa® Conventional loan calculator to contrast today's best rates across Conventional, FHA, and USDA loans. Determine the required income, credit standing, reserves, and documentation to qualify. With our sophisticated mortgage calculator, you can view Conforming Conventional, USDA, FHA, and VA loans side by side to assist in choosing the most suitable option in MI for your financial needs.
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| Loan Category | Limit Amount | Minimum Downpayment |
| Conventional Conforming | $726,200 | 3% |
| USDA | $336,500 | 0% |
| FHA | $472,030 | 3.5% |
Note: This applies to zip codes: 48062
The mission of Lendersa® is to quickly furnish you with the best-suited Conventional, USDA, or FHA loans without difficulty. You can choose from three starting points to connect with matching lenders and loan options.
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