FHA VS Conventional loan programs in 2025 for Livonia, Wayne County, Michigan
For the year 2025, the conventional loan cap in Livonia, which is within Wayne County, MI, is $726,200. In contrast, the FHA ceiling for a single-family dwelling rests at $472,030, setting a clear boundary for prospective homebuyers.
The Lendersa® Conventional loan calculator provides a comprehensive way to evaluate today's most favorable rates by comparing Conventional loans to both FHA and USDA options. It helps identify the critical income levels, credit ratings, reserve amounts, and necessary documentation for qualification. Utilizing this sophisticated mortgage calculator, you can juxtapose Conforming Conventional loans, USDA, FHA, and VA loans side by side to determine which financial solution in MI aligns best with your specific financial strategies.
2025 Loan Limits and Down Payment Requirements in Livonia, Wayne County, MI
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
This comparison table is applicable to the listed zip codes: 48152, 48150, 48154, 48151, 48153
Exploring Diverse Conventional and FHA Loan Opportunities in Livonia, MI
The primary mission of Lendersa® is to ensure you obtain the best possible lending solution, be it Conventional, USDA, or FHA, quickly and effortlessly, bypassing common obstacles. You are encouraged to select from three initial pathways, each designed to connect you with matching lenders and ideal loan programs that are tailored to meet your financial preferences and goals.
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