FHA VS Conventional loan programs in Allen-Park, Wayne County, Michigan

For 2026, the Conventional loan limit in Allen-Park, located in Wayne county, MI, is $647,200, whereas the FHA loan limit for a single-family home is $420,680.

Utilize the Lendersa® Conventional loan calculator to evaluate today's best rates among Conventional, FHA, and USDA loans. Determine the necessary income, credit, reserves, and documents required for qualification. Our advanced mortgage calculator offers comparisons of Conforming Conventional, USDA, FHA, and VA loans side by side, aiding you in selecting the most suitable program in MI for your financial needs.

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2026 Loan Limits and Down Payment Requirements in Allen-Park, Wayne, MI

Loan Type Loan Limit Down Payment
Conventional Conforming $647,200 3%
USDA $285,000 0%
FHA $420,680 3.5%

This table applies to the following zip codes: 48101

Conventional and FHA Loan Options in Allen-Park, MI

The mission of Lendersa® is to secure the best possible Conventional, USDA, or FHA loan quickly and without hassle. Select one of three starting points to find matching lenders and loan programs.

Results of USDA loan request matching by Lendersa


Allen-Park Lenders

  • Lincoln Park Community Credit Union
  • 1400 Emmons Boulevard, Lincoln Park, MI, 48146
  • Lends in Michigan
  • Lincoln Park Community Credit Union is proud to celebrate 80 years helping our members be the heroes of their financial lives. Our story starts with you. We’re a small credit union with a big story and we want to help you with yours. We started in the janitor’s closet of a school

  • Ez Loans Co
  • 837 S Beech Daily, Dearborn Heights, MI, 48125
  • Lends in Michigan
  • At EZ Loans Co, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders

  • Success Group Mortgage and Servicing LLC
  • 23380 Goddard Road, Taylor, MI, 48180
  • Lends in Michigan
  • SGMS is a Mortgage and Land Contract Services Company that is focused on your success. Our mortgage services team has over 25 years of experience in origination of all sizes of loans and refinance loans. Lead by James Woodworth, SGMS Mortgage provides one-on-one service with a personal touch.

  • Mitten Mortgage Lending LLC
  • 2959 Biddle, Suite 201, Wyandotte, MI, 48192
  • Lends in Michigan
  • At Mitten Mortgage Lending, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options

  • Sonic Loans
  • 13624 Michigan Ave, Dearborn, MI 48126, Dearborn, MI, 48126
  • Lends in Michigan
  • Sonic Loans is dedicated to streamlining the whole process for your convenience. e. We can assist you in purchasing or refinancing a house because of our many years of industry knowledge. Keep in mind that we provide a variety of mortgage services, including 15-year mortgages, 30-year mortgages, cash-out refinances, FHA loans, and Jumbo loans, amon

  • MemberFocus Community Credit Union
  • 6246 Chase Road, Dearborn, MI, 48126
  • Lends in Michigan
  • Founded in 1935, MemberFocus has a long history of serving members of the Dearborn and surrounding communities. Year after year, our products and services expand and improve; our enthusiasm for member service grows; our commitment to financial excellence holds true.and also providing banking services including savings, loans.

  • Vesta Lending
  • 6 Parklane Boulevard, Suite 104, Dearborn, MI, 48126
  • Lends in Michigan
  • Vest Lending is a BBB accredited mortgage brokerage with over 15 years of experience in the industry. From first time homeowners to seasoned investors: we are committed to helping our clients achieve their mortgage goals. Our philosophy is simple-be transparent throughout the entire mortgage process, provide our clients with best fit their needs.

  • Sonic Loans Inc
  • 6 Park Lane Boulevard, Suite 605, Dearborn, MI, 48126
  • Lends in Michigan
  • Sonic Loans was founded by Mortgage industry experts to provide a better way for folks to buy or refinance a home. By creating a lean and efficient process, we're able to offer some of the most competitive rates in the country and close loans at super-sonic speeds! Don’t just take our word for it, see how our clients feel about us

  • Clover Mortgage
  • 6271 Schaefer, Suite 101, Dearborn, MI, 48126
  • Lends in Michigan
  • We know that each customer has specific needs, so we strive to meet those specific needs with a wide array of products, investment tools, mortgages and best of all quality service and individual attention. We've been helping customers afford the home of their dreams for many years and we love what we do.