Explore the differences! FHA VS Conventional loan programs in Detroit, Wayne County, Michigan

For 2025, the Conventional loan limit in Detroit, part of Wayne in MI, is $726,200. Meanwhile, for a single-family home, the FHA limit is $472,030.

The Lendersa® Conventional loan calculator allows you to compare the best rates today for Conventional, FHA, and USDA loans. It helps ascertain the income, credit score, reserves, and documents needed to qualify. The advanced mortgage calculator displays Conforming Conventional loans, USDA, FHA, and VA options side-by-side, helping you choose the most appropriate program in MI for your financial needs.

Review loan offers from 100 lenders

2025 Loan Limits and Down Payment Requirements in Detroit, Wayne, MI

Loan Type Loan Limit Down Payment
Conventional Conforming $726,200 3%
USDA $336,500 0%
FHA $472,030 3.5%

These entries pertain to the zip codes: 48209, 48208, 48201, 48207, 48205, 48204, 48203, 48206, 48227, 48238, 48239, 48234, 48235, 48233, 48202, 48243, 48214, 48215, 48216, 48217, 48210, 48211, 48212, 48213, 48219, 48228, 48224, 48226, 48221, 48223, 48231, 48232, 48244, 48255, 48260, 48264, 48266, 48267, 48268, 48269, 48272, 48275, 48277, 48278, 48279, 48288

Exploring Conventional and FHA Loan Strategies in Detroit, MI

Lendersa® aims to help you secure the best Conventional, USDA, or FHA loans quickly and hassle-free. Start by selecting one of three pathways that connect you with appropriate lenders and loan programs.

Results from Lendersa USDA loan request matching


  • Transportation Federal Credit Union
  • 1600 Cameron Street, Suite 200, Alexandria, VA, 22314
  • Transportation Federal Credit Union has been open since 1939. It's the 5th largest credit union in Virginia with assets totaling $288.66 Million and providing banking services to more than 21, 000 members as of March 2022. The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups,
  • PTO FCU
  • 501 Dulany Street, 1st Floor, Alexandria, VA, 22314
  • Since 1942, the Patent & Trademark Office Federal Credit Union (PTOFCU) has provided beneficial financial services to Patent and Trademark Office employees and conTractors. As a member of PTOFCU, you and members of your family are eligible for a lifetime of financial services. For 80 years, we have committed to providing quality, reliable
  • State Department Federal Credit Union
  • 1630 King Street, Alexandria, VA, 22314
  • State Department Federal Credit Union was chartered in 1935 through the efforts of eight employees of the United States Department of State. Now, decades later, our membership has grown to more than 86, 000 members worldwide & we have over $1.9 billion in assets. SDFCU’s membership is diverse and worldwide, with members from Department of State.
  • MECU Credit Union
  • 1 South Street, Baltimore, MD, 21202
  • Our local Baltimore roots go back to 1936. From our humble beginnings to today, we have always put working families and their financial well-being at the center of everything we do. With better rates, free financial education and personal service, we are committed to improving the lives of our members and the communities we serve.
  • M&T Realty Capital Corporation
  • One Light Street, 12th Floor, Baltimore, MD, 21202
  • M&T Bank is a multi-state community-focused bank serving New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and Washington, D.C. Founded in 1856, the company provides banking, investment, insurance and mortgage financial services to more than 3.6 million consumer, business and government clients.
  • Investor Loans Plus
  • 1727 King Street, Suite 300, Alexandria, VA, 22314
  • Investor Loans Plus assist our clients in obtaining lender direct financing in the specialized field of alternative loans. Our company works with rehabbers and property owners to achieve lending terms that meet their current needs and investment goals. Investor Loans Plus is dedicated to working with our borrowers
  • Rock Rates
  • 950 N Washington St, Alexandria, VA, 22314
  • Rock Rates is the Direct-to-Consumer division of Keystone Funding, Inc Rock Rates was created to provide a completely digital, simple, and pleasant mortgage experience.and Much of the technology and systems used by Rock Rates was developed in-house, based on direct experience with borrowers and their feedback on the mortgage process
  • HomeFirst Mortgage Corp
  • 207 South Alfred Street, Alexandria, VA, 22314
  • HomeFirst Mortgage Corp.'s mission statement is actually quite simple: service, service, service. All of us, as consumers, are reminded daily of the downside of poor service. Our goal is to provide you with an incomparable level of service therefore making you an educated consumer and well-satisfied client.
  • E Z Lending, LLC
  • 8739 Bitterroot Court, Lorton, VA, 22079
  • We have been brokering mortgage loans since 2002. Our mission is to serve our customers with honesty, integrity & competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks
  • M Street Mortgage LLC
  • 7843 Seafarer Way, Lorton, VA, 22079
  • You've heard the horror stories...how hard it is to qualify, the mounds of paperwork you have to provide, the difficulties and delays. Not to mention the fighting, shopping, and haggling to get a good rate. I've got great news... When you're ready, the next step in getting a low rate mortgage made easy is to contact me