FHA VS Conventional loan in Grosse-Pointe-Park, Wayne County, Michigan
In 2026, the conventional loan limit in Grosse-Pointe-Park, Wayne county, MI, is set at $647,200, while the FHA limit for a single-family home is $420,680.
Try the Lendersa® Conventional loan calculator to contrast the best rates for today's Conventional, FHA, and USDA loans. Determine the income, credit, reserves, and documents needed to qualify. Our advanced mortgage calculator lets you compare Conforming Conventional, USDA, FHA, and VA loans side-by-side, helping you choose the most suitable program for your financial needs in MI.
Loan Limits and Down Payment Requirements for 2026 in Grosse-Pointe-Park, Wayne County, MI
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$647,200
3%
USDA
$285,000
0%
FHA
$420,680
3.5%
The comparison applies to the following zip codes: 48230
Conventional and FHA Loan Options Available in Grosse-Pointe-Park, MI
The aim at Lendersa® is to provide you with the fastest and easiest access to the best Conventional, USDA, or FHA loan. Choose one of three paths to match with lenders and loan options suitable for you.
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
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
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
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
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.
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 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.
Direct Financial is a division of New England Federal Credit Union (NEFCU), a financial institution headquartered in Vermont with a 50-year record of successfully helping members improve their financial conditions. Members served through Direct Financial are members of NEFCU. Anyone who lives, works, or studies in the Michigan
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to ensure each borrower becomes educated on the mortgage process and never feels left in the dark. Midtown Home Mortgage researches the best products on the market to provide our client’s the best deal possible
