In 2026, the FHA loan limits in Iron-Mountain county, which is situated in Dickinson, MI, are defined as follows: for a single-family home, the limit is $356,362; for homes comprising two units, this increases to $456,275. For structures with three units, the maximum is set at $551,500, whereas for those with four units, the limit extends to $685,400. These values ensure a range of options for various residential setups and configurations within the region.
The maximum allowable loan amount for conventional loans on single-family residences has been set at $548,250. For residences housing two units, the limit ascends to $702,000; for properties comprising three units, it caps at $848,500. Meanwhile, for dwellings with four units, the cap is $1,054,500. Such provisions accommodate different residential structures while employing conventional loan mechanisms.
To access and compare today’s most advantageous FHA rates, utilize our FHA calculator. It efficiently calculates the requisite downpayment, evaluates income, analyzes credit status, assesses reserves, and outlines necessary documentation to help you qualify effectively. Utilize these tools to prepare fully for the application process.
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The Lendersa® calculator serves as a comprehensive tool for comparing FHA rates and terms with other loan programs. Delve into your options by exploring conventional loan choices, dynamic jumbo loans, supportive VA loans, flexible USDA loans, innovative non-QM loans, and versatile hard money loans. This broad comparison allows decisive evaluation of financing possibilities tailored to individual needs and preferences, supporting informed borrowing decisions.
Lendersa® harnesses empirical data compiled from thousands of lenders nationwide, performing rapid, tailored comparisons against your unique financial profile and requirements. This method ensures precise, personalized insights to advance your financial aspirations.
The Loan Limits Comparison Table specific to 2026, applicable in Iron-Mountain county within Dickinson, MI, presents an exhaustive examination of maximum loan amounts across FHA, conventional conforming, jumbo, USDA, VA, non-QM, super jumbo, reverse mortgage (HECM), and hard money avenues. Employ the Lendersa® Super Loan Integrated Qualifier (SLIQ™) to thoroughly analyze qualification criteria, including income levels, reserve capacities, and credit requirements essential for strategic financial planning.
| SFR | 2 Units | 3 Units | 4 Units | |
|---|---|---|---|---|
| FHA | $356,362 | $456,275 | $551,500 | $685,400 |
| Conventional Conforming | $548,250 | $702,000 | $848,500 | $1,054,500 |
| Convetional High Balance | $548,250 | $702,000 | $848,500 | $1,054,500 |
| USDA | $285,000 | $285,000 | $285,000 | $285,000 |
| VA | $548,250 | $702,000 | $848,500 | $1,054,500 |
| None-Qm | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 |
| None- QM- Super Jumo | $5,000,000 | $5,000,000 | $5,000,000 | $5,000,000 |
| Reverse Mortgage (HECM) | $822,375 | $822,375 | $822,375 | $822,375 |
| Proprietary Reverse Mortgage (Non-FHA) | $4,000,000 | $4,000,000 | $4,000,000 | $4,000,000 |
| Hard Money | $90,000,000 | $90,000,000 | $90,000,000 | $90,000,000 |
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