FHA VS Conventional loan in Grosse-Pointe, Wayne County, Michigan

In the year 2025, the limit for conventional loans in Grosse-Pointe, Wayne County, MI stands at $647,200. Meanwhile, the FHA ceiling is $420,680 for a single-family dwelling.

By using the Lendersa® Conventional loan calculator, you can contrast today's rates for Conventional, FHA, and USDA loans. It'll aid in determining needed income, credit score, reserves, and documentation for qualification. Our sophisticated mortgage calculator gives a side-by-side view of Conforming Conventional, USDA, FHA, and VA loans, assisting you in choosing the best program in MI based on your financial needs.

Explore loan options from 100 lenders

2025 Loan Caps and Down Payment Terms in Grosse-Pointe, Wayne County, MI

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

The comparison table applies to zip codes: 48230

Options for Conventional and FHA Loans in Grosse-Pointe, MI

Lendersa® aims to secure an optimal Conventional, USDA, or FHA loan swiftly and seamlessly for you. Choose from three starting points that guide you to suitable lenders and programs.

Results of Lendersa USDA loan request matching


  • Loans By Tera
  • 1801 S MoPac Expressway, Suite 212, Austin, TX, 78746
  • We take the stress out of the home loan process. Whether you are in Austin or relocating to the area, we will make the home loan process as seamless as possible. * We average 15 day closings! This is a great negotiating tool for your Realtor when making an offer on your behalf. With Austin's hot real estate marking,
  • HouseMax Funding
  • 901 S Mopac Expy, Bld. 4, Suite 125, Austin, TX, 78746
  • HouseMax Funding is a leading hard money lender based in Austin, Texas offering personalized hard money construction and fix and flip loans. With a track record of over 1000 successful deals and over 3000 successfully flipped houses, HouseMax Funding are expert hard money lenders with a track record of success offering hands-on service to meet our
  • CCG Capital
  • 3600 N Capital of Texas Hwy, Bldg B, Suite 120, Austin, TX, 78746
  • CCG Capital makes asset-based loans for commercial and non-owner occupied residential real estate projects. Our commitment is to provide fast and flexible solutions to each borrower's unique and unconventional financing requirements.Reputable Texas based construction lending and investor fund management.
  • Austin Private Funding
  • 1406 Camp Craft Rd, Suite 200-D, Austin, TX, 78746
  • Austin Private Funding is a private real estate finance company that provides hard money lending for commercial and non-owner occupied residential properties. Our years of experience in real estate investing and financing allow us to appreciate the complexities involved in real estate transactions.
  • Sente Mortgage
  • 901 S. Mopac Blvd. Bldg IV, Suite 125, Austin, TX, 78746
  • Sente, we know what it takes to succeed in this industry. We have discovered that leverage is one of the keys to a productive mortgage career. Just like a team of climbers, leverage is required to reach pinnacles of production for each individual mortgage banker. We have the resources and expertise to help put you on a path to achieve your goals.
  • Austin Capital Mortgagae
  • 3801 N. Capital of TX Hwy, Suite J230, Austin, TX, 78746
  • We are a full service residential mortgage banking firm serving the Austin, Houston, San Antonio, and Dallas Fort Forth metro areas. We have been serving the needs of the residential mortgage community since 1996. Our customers know us for competitive rates and consistent customer satisfaction. Our integrity is reflected in our raving client.
  • Mission Mortgage of Texas, Inc
  • 901 S. Mopac Expwy., Austin, TX, 78746
  • Mission Mortgage has been providing professional lending services in Texas since 1986. We are a locally-owned company with the resources of a national lender. We provide our own processing, underwriting, closing, and funding in our main offices in Austin allowing us to complete your transaction with the fewest delays.
  • Barton Creek Lending Group LLC
  • 6011 Cape Coral Drive Austin, Austin, TX, 78746
  • BCLG was founded in 2004 and is a full service Mortgage Banker licensed in Texas, with the ability to provide mortgage financing for residential properties, commercial properties, condo projects raw land, and construction to permanent "One Time Close" projects. So, whether you are buying, building, or refinancing in TX.