FHA VS Conventional loan in Grosse-Pointe-Farms, Wayne County, Michigan
For the year 2025, 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.
2025 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.
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12884 South Frontrunner Blvd, Suite 140, Draper, UT, 84020
Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
13894 S Bangerter Pkwy, Suite 200, Draper, UT, 84020
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11639 South 700 East, Suite 200, Draper, UT, 84020
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