FHA VS Conventional loan programs in 2025 for Grosse-Pointe-Park, Wayne County, Michigan

In 2025, 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.

Explore loan offers from 100 lenders

Loan Limits and Down Payment Requirements for 2025 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.

Results of Lendersa USDA loan requests and matches


  • SmartLink Financial, LLC
  • 345 West 600 South, Suite 125, Heber City, UT, 84032
  • SmartLink was born out of a lack of good customer service in the industry. Christal Bowlby has been in the lending business since 1996 & great customer service has been key to keeping her business thriving for years. Starting her career as a direct lender, working for large banks such as Chase Manhattan Bank and GMAC but became a broker in 2008.
  • Xcel Financial
  • 345 W 600 S, Heber City, UT, 84032
  • "Xcel Financial is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements.We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools."
  • 1st Utah Mortgage
  • 68 West 100 North, Logan, UT, 84321
  • 1st Utah Mortgage Clients receive personal service from a successful mortgage broker who has navigated the ups and downs of the mortgage industry for over 20 years. I’ll use my expertise and knowledge to personalize a mortgage loan program that is right for you and personally guide you through the entire loan process.
  • Wasatch Mortgage Solutions
  • 664 North Main, Suite 103, Logan, UT, 84321
  • Founded in 1999, Wasatch Mortgage Solutions is a mortgage lender in Logan, Utah. We're licensed to do home loans in all of Utah and Idaho, even though we call Cache Valley home and As a mortgage lender, we offer a wide variety of home loan programs including Conventional, FHA, VA, USDA, and Portfolio home loans
  • Precision Mortgage Group
  • 920 N Telshor Blvd, Suite B, Las Cruces, NM, 88011
  • At Precision Mortgage, we’re dedicated to giving each customer a great experience. Our local home Loan Originators have decades of combined experience in the mortgage industry & can help you reach your short- and long-term goals. Our local specialists have the resources of a huge national mortgage company & the friendly attitude of your neighbors.
  • Diversified Home Loans
  • 165 E 1400 N, Suite 200, Logan, UT, 84341
  • Diversified Home Loans has an all-star team, dedicated to the needs of our clients. Collectively we have experience with all types of loans, and can help people in any and all loan situations.Our promise to all our clients is to offer the very best financial advice and to consistently exceed your expectations.
  • Pioneer Bank
  • 705 East University Avenue, Suite A, Las Cruces, NM, 88001
  • Pioneer Bank has been proudly serving the financial needs of Southeastern New Mexico and West Texas since 1901. We continue to offer the most innovative banking products along with providing you with the best customer service. At Pioneer Bank, we know there is much more to life than managing your money.
  • Marquis Lending
  • 1473 N. Lee Trevino, El Paso, TX, 79936
  • Marquis Mortgage llc. has been lending hard money for over 14 years, as a leader in the industry we work diligently to provide extraordinary service to our investors. We recognize that you are a very important part of our business and we value and appreciate your decision to work with us each and every time.
  • My Home Loans LLC
  • 1473 Lee Trevino Drive, Suite B, El Paso, TX, 79936
  • At My Home Loans LLC, No Matter the Type of Loan You Need, We'll Be There With You Every Step of the Way We are a reliable home loan lender in El Paso, TX who continuously provides residents with the ability to purchase the home of their dreams using one of our trusted and certified loans.