Loan Limits / Michigan / Delta County
2026 Loan Limits · Michigan · ESCANABA, MI
Delta County, MI.
2026 conforming and FHA loan limits, calibrated to a median sales price of $133,000.
Median Sales Price
$133,000
Per HUD CHUMS, 2026
Conforming 1u Limit
$832,750
Standard conforming
FHA 1u Limit
$541,287
Floor
Jumbo Threshold
> $832,750
1-unit · loans above this are jumbo
Conforming (Fannie / Freddie)
Standard conforming| 1-unit (single-family) | $832,750 |
| 2-unit (duplex) | $1,066,250 |
| 3-unit (triplex) | $1,288,800 |
| 4-unit (fourplex) | $1,601,750 |
FHA Forward (203b)
Floor| 1-unit (single-family) | $541,287 |
| 2-unit (duplex) | $693,050 |
| 3-unit (triplex) | $837,700 |
| 4-unit (fourplex) | $1,041,125 |
About this county
About Delta County
Delta County is a county in the Upper Peninsula in the U.S. state of Michigan. As of the 2020 census, the population was 36,903. The county seat is Escanaba. The county was surveyed in 1843 and organized in 1861. Its name originates from the Greek letter delta (Δ), which refers to the triangular shape of the original county which included segments of Menominee, Dickinson, Iron, and Marquette counties. Recreation and forest products are major industries, and crops include hay, corn, small grains, potatoes, and strawberries. Read more on Wikipedia →
Population
36,829
U.S. Census ACS 2023
Median Household Income
$54,829
U.S. Census ACS 2023
Median Home Value (Census)
$146,800
Owner-occupied · ACS 2023
Owner-Occupancy Rate
79%
Of occupied housing
What these limits mean for buyers in Delta County
The 2026 conforming 1-unit limit for Delta County is $832,750. Loans at or below this amount can be sold by the originating lender to Fannie Mae or Freddie Mac, which keeps pricing tight and underwriting consistent. Delta County uses the standard national conforming baseline.
For FHA financing, the 2026 1-unit limit is $541,287. The HUD CHUMS table pegs the median sales price for Delta County at $133,000. This matches the FHA national floor — Delta County did not qualify for an upward adjustment for 2026.
Practical takeaway. The median sales price in Delta County ($133,000) is below both limits — FHA, conventional, and VA financing all cover median-priced purchases here. Choice between programs comes down to credit, down payment, and overlay differences.
How the limits are set
Conforming limits come from the Federal Housing Finance Agency (FHFA), which adjusts them each year based on changes in the FHFA Housing Price Index. FHA limits come from HUD: the national floor is $541,287 (65% of conforming baseline), the ceiling is $1,249,125 (150% of conforming baseline), and counties between are calculated as 115% of the area median sales price.
Multi-unit and house-hacking math
Delta County 2-, 3-, and 4-unit conforming limits are $1,066,250, $1,288,800, and $1,601,750 respectively. If you're house-hacking — owner-occupying one unit of a 2-4 unit property — these are the limits that matter, and the rental income on the other units can be used to qualify. FHA and VA both finance owner-occupied 2-4 unit properties at their own multi-unit limits.
Limits effective 2026 per HUD CHUMS publication. Sourced GSE and FHA files. Generated 2026-04-26.
Buying in Delta County?
We'll structure the loan against the right limit and the right program. Conforming, FHA, VA, jumbo — all in-house.