Explore the differences! FHA VS Conventional loan programs in Grosse-Pointe-Farms, Wayne County, Michigan

For the year 2026, the Conventional loan limit for a single-family home in Grosse-Pointe-Farms, Wayne county, MI, is set at $647,200. Meanwhile, the FHA limit is $420,680.

Utilize Lendersa®'s Conventional loan calculator to compare the prevailing Conventional, FHA, and USDA best rates for today. This tool helps you assess income, credit requirements, reserves, and documentation needed to qualify. With our sophisticated mortgage calculator, you can view side-by-side Conforming Conventional, USDA, FHA, and VA loans, aiding you in selecting the most suitable program in MI for your unique financial needs.

Evaluate loan offerings from 100 lenders

2026 Loan Limits and Down Payment Requirements in Grosse-Pointe-Farms, Wayne County, MI

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

This comparison table applies to zip codes: 48236

Exploring Conventional and FHA Loan Options in Grosse-Pointe-Farms, MI

The mission of Lendersa® is to swiftly secure the optimal Conventional, USDA, or FHA loan options for you, without hassle. Choose from one of three starting methods that facilitate matching with lenders and appropriate loan programs.

Lendersa USDA loan requests and matching outcomes


Grosse-Pointe-Farms Lenders

  • Citizens Home Loan LLC
  • 18468 Mack Grosse Pointe, Farms, MI, 48236
  • Lends in Michigan
  • Citizens Home Loan Specialize in purchase and refinance transactions in Michigan and Colorado. Loan Types: Jumbo, Conventional, FHA, VA and USDA (rural development) NMLS 142908 Jay Wojciechowski 14 years of experience in Residential Mortgage Lending for purchase and refinance transactions. Conventional, FHA, VA, USDA & Jumbo

  • Hill Mortgage
  • 81 Kercheval Avenue, Suite 204, Grosse Pointe, MI, 48236
  • Lends in Michigan
  • Hill Mortgage is based in Grosse Pointe Farms, Michigan. Founded by Jason Kaleta, Brendan Fossee & Dane Fossee. We are one of Michigan’s fastest growing mortgage brokerages. Our number one priority is customer service and creating meaningful and lasting relationships with our clients

  • Elevation One Group
  • 15001 Kercheval Ave, Suite 171, Grosse Pointe Park, MI, 48230
  • Lends in Michigan
  • Elevation One Group: Empowering Entrepreneurs to Build Legacy! With over 45 years of experience, we specialize in innovative financial solutions, providing capital and strategic growth for entrepreneurs underserved by traditional banks. Our mission is to elevate communities by nurturing legacy-driven leaders, offering startup funding, real estate c

  • Iris Mortgage LLC
  • 1405 Bishop Rd, Grosse Pointe, MI, 48230
  • Lends in Michigan
  • A 100% female owned and operated mortgage broker serving the state of Michigan. A vast selection of mortgage refinance and purchase products combined with industry leading experience, technology, communication, speed, and service set apart Iris Mortgage from other competitors. Low overhead and small

  • First State Bank (Michigan)
  • 24300 Little Mack, Saint Clair Shores, MI, 48080
  • Lends in Michigan
  • First State Bank is a Michigan Based Community Bank serving southeastern Michigan and is a full-service bank with 11 branches, Loan Centers in Clinton Township and Farmington Hills and headquarters in St. Clair Shores. First State Bank offers consumer and business checking and savings accounts, mortgages, home equity loans, credit cards.

  • Lake Pointe Mortgage, L.L.C
  • 27735 Jefferson Ave, Saint Clair Shores, MI, 48081
  • Lends in Michigan
  • Our mission is to serve our customers with honesty, integrity and 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 that can arise while securing a loan by utilizing the 23 years of experience.

  • Live Life Federal Credit Union
  • 34200 Utica Rd, Fraser, MI, 48026
  • Lends in Michigan
  • Live Life Federal Credit Union has been proudly servicing our members’ financial needs since 1952. It began when The UAW Local 247 of Thompson Products organized Thompson Product Employee’s Federal Credit Union under Charter #7927.
    In 1958, the plant changed names from Thompson Products Michigan Division to Thompson Ramo Woolridge Incorporation.

  • EG Home Loans
  • 400 Renaissance Center, Suite:2600, Detroit, MI, 48243
  • Lends in Michigan
  • Our mission is to serve our customers with honesty, integrity and 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 that can arise while securing a loan.

  • Global Generation Group LLC
  • 400 Renaissance Center Drive, Detroit, MI, 48243
  • Lends in Michigan
  • Global Generation Group launched in September 2008 by John Syron, founder of what grew to be one of the largest privately held Automotive OEM manufacturing companies world wide, to provide solutions that integrate technology enhanced performance, risk reduction and unique capital solutions to help American Businesses.