Explore the differences! FHA VS Conventional loan programs in Ferndale, Oakland County, Michigan
In 2026, the Conventional loan limit in Ferndale, within Oakland county, MI, is $726,200, whereas the FHA limit for a single-family home is $472,030.
The Lendersa® Conventional loan calculator helps you compare today's best rates across Conventional, FHA, and USDA loans. Determine the necessary income, credit, reserves, and documents for qualification. Our advanced mortgage calculator presents side-by-side comparisons of Conforming Conventional, USDA, FHA, and VA loans, helping you select the most fitting program in MI for your financial goals.
2026 Loan Limits and Down Payment Requirements in Ferndale, Oakland, MI
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
This table is relevant to these zip codes: 48220
Discover Conventional and FHA Loan Options in Ferndale, MI
The objective of Lendersa® is to promptly connect you with the best available Conventional, USDA, or FHA loan, hassle-free. Pick one of three initial pathways to discover matching lenders and loan programs.
Credit Union ONE was founded in 1938 with the goal of providing exceptional value to its members. Today, we remain committed to delivering quality financial services at our 20 branches in Detroit, Grand Rapids & Traverse City.Credit Union ONE was founded in 1938 with the goal of providing exceptional value to its members.
A full service mortgage broker in the State of Michigan offering expert advice on 1st and 2nd lien home finance options. We make the mortgage application process easy with the latest technology, such as e-document signing and no fees to apply - EVER! New Horizons Home Finance will match you with the right lender and mortgage for your needs.
Our mission is to get to know and understand your needs, wants, and long-term goals. We want to help you develop, implement, and monitor a strategy that’s designed to address your individual situation. We understand the challenges families face today. Our commitment is to utilize all of our resources to help you pursue your goals.
We have one goal – to fulfill your financing goals and make you a happy homeowner. Mortgage City is a licensed mortgage originator based in Detroit, Michigan. We work with customers in Detroit, Royal Oak, and throughout the state of Michigan. We also can help you with your mortgage needs in Florida, New Hampshire, Ohio, Massachusetts,
Fortress Home Mortgage (NMLS ID# 135922) is owned and operated locally by John Sarkisian (NMLS ID# 136596). We utilize multiple lenders to find the best rates and products to fit the needs of our Metro Detroit borrowers. All applicants receive one on one customer service from pre-approval to closing.
"We specialize in shopping between the most reputable lenders on our clients’ behalf for the best possible program and rate for the client-specific situation. We offer wholesale pricing which means lower rates and less cost for our clients!
Our goal is to keep the mortgage process simple, easy and fast so you can stay focused on your daily l
Michigan Elite Lending with the vision of supplying clients with the best possible loan experience with the lowest rates on the market. Working with a mortgage broker allows borrowers to secure the lowest rate without doing all the legwork. We shop hundreds of wholesale lenders to find the best program for you.
Myrina Mortgage Group is a female owned and operated broker firm. We are called Mortgage Warriors because we search out and capture the very best loan product for you and your mortgage goals. We only work with wholesale lenders to offer you the very best in pricing and service every day.
322 West Lincoln Avenue, Suite 300, Royal Oak, MI, 48067
Lends in Michigan
HomeSure Lending was founded in 2014. As a company, nothing is more important to us that helping our clients Purchase with Confidence or Refinance with Ease. You will hear the term Simple Mortgage Guidance, and if we have not made the process simple, we have not done our job well enough. Here is what we promise
