Explore the differences! FHA VS Conventional loan programs in Melvindale, Wayne County, Michigan

In 2025, Convetional loan limit in Melvindale, county of Wayne, MI is $726,200 while FHA limit is $472,030 for a single-family home.

Use Lendersa® Conventional loan calculator to compare today's Conventional Vs. FHA Vs. USDA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the Conforming Conventional loans, USDA, FHA, VA side by side to help you decide which program in MI is best for your particular financial situation.

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2025 loan limits and downpayment requirments in Melvindale, county of Wayne, MI

Loan Type Loan Limit Down payment
Conventional Conforming $726,200 3%
USDA $336,500 0%
FHA $472,030 3.5%

The comparison table applies to zip codes: 48122

Conventional and FHA loan options in Melvindale, MI

Lendersa® goal is to get you the best possible Conventional, USDA or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and loan programs.

Lendersa USDA loan request and matching results


  • SENB Bank
  • 3535 Avenue Of The Cities, Moline, IL, 61265
  • SENB Bank has proudly served the Quad Cities and neighboring communities since forming in 1961 and is approximately $370 million in assets. In 2019 the bank expanded into the Stateline (Roscoe/Beloit) region of Illinois and Wisconsin, with six banking centers serving Illinois, Iowa and Wisconsin.
  • IH Mississippi Valley Credit Union
  • 2500 River Drive, Moline, IL, 61265
  • Founded in 1934, our eight charter members were production line workers at the East Moline Works Plant. Open only three times a day during shift change, employees at the original office in the middle of the plant had to manage over the noise of the steel-wheeled trailers moving over the creosote floors.
  • Ruhl Mortgage
  • 1701 52nd Avenue, Moline, IL, 61265
  • "Ruhl Mortgage is a full-service mortgage banker with experienced staff, offering expertise in every area of mortgage lending - from purchase and refinance to even construction lending. Ruhl Mortgage offers purchase and refinance loans, including FHA, VA, Rural Development loans, second home loans,"
  • Mid-Atlantic Commercial Capital LLC
  • 210 N Main St, Culpeper, VA, 22701
  • Mid-Atlantic Commercial Capital, LLC is a nationally recognized financial company serving our clients financing needs. In these trying times, most banks have a policy to lend money only to those companies that don’t really need it. Additionally, most banks are one-dimensional and only do one type of financing.
  • Sunny Lending LLC
  • 839-b Quince Orchard Blvd, Gaithersburg, MD, 20878
  • Sunny Lending LLC has a combined 25+ years of experience in the mortgage industry, including both residential and commercial mortgages. Our staff commands a wide range of experiences working with different banks and financial institutions. We provide unique service to better serve your financial needs.
  • Capital Finance Mortgage LLC
  • 7112 Cypress Hill Drive, Gaithersburg, MD, 20879
  • At Capital Finance Mortgage, we are a residential mortgage lender that believes your home is your most important investment, and when it comes to your mortgage, you deserve expert advice. We believe in using our experience to educate our clients, and in helping you find the right loan for your family, and for your goals.
  • Realty Group Mortgage, LLC
  • 6 Montgomery Village Avenue, Suite 270, Gaithersburg, MD, 20879
  • 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.
  • Eagle Creek Mortgage, LLC
  • 2656 Quince Orchard Rd, Suite 120, Gaithersburg, MD, 20878
  • Eagle Creek Mortgage, LLC mission is to serve our clients with honesty, integrity and competence. Our goal is to provide no-points mortgage loans to our customers while affording them the lowest possible interest rates and closing costs. Furthermore, we pledge to provide unparalleled service to each and every one of our borrowers.