FHA VS Conventional loan in Novi, Oakland County, Michigan

In 2025, Convetional loan limit in Novi, county of Oakland, 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 Novi, county of Oakland, 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: 48377, 48375, 48374, 48167, 48376

Conventional and FHA loan options in Novi, 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


  • The First National Bank of Arenzville
  • 110 S Charles, Arenzville, IL, 62611
  • The First National Bank of Arenzville has been a strong and stable presence in the West Central Illinois Banking Community since it was first established as the “People’s Bank of Arenzville” in 1882. The bank was privately held until 1908 when it was granted a national charter and officially became “The First National Bank of Arenzville.
  • Freedom First Credit Union
  • 5240 Valleypark Drive, Roanoke, VA, 24019
  • Freedom First is a member-owned, federally insured community financial institution headquartered in Roanoke, VA since its founding in 1956. What sets us apart is that our shareholders are our members — which means that we put our community first. In fact, while most banks evaluate their worth by how much money they keep
  • Justice Federal Credit Union
  • 5175 Parkstone Drive, Suite 200, Chantilly, VA, 20151
  • The Justice Federal Credit Union Foundation was founded with a mission to offer programs and engage in charitable activities that promote education, recognize professional excellence and caring for others, reduce hardship, and improve the lives of Justice Federal Credit Union Members
  • DMV Home Funding, LLC
  • 14151 A Robert Paris CT, Chantilly, VA, 20151
  • At DMV Home Funding, LLC, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
  • First NRV Credit Union
  • 900 W. Main St, Radford, VA, 24141
  • Our credit union was first chartered on June 4, 1937 - that means that our credit union is now over 80 years old - to help serve the needs of the employees of the Radford Pipe Shop (known locally as the Foundry), and was originally named the "Radford Pipe Shop Employees Federal Credit Union".
  • Freedom Bank
  • 4211 Pleasant Valley Road, Chantilly, VA, 20151
  • Freedom Bank strives to provide compelling ideas, relevant financial products and exceptional service to our clients in the way they wish to be served. We concentrate on industry verticals to deliver unique, sector-specific solutions and have market executives to engage local businesses and communities.
  • Empower Home Mortgage LLC
  • 4200 Pleasant Valley Road, Suite A, Chantilly, VA, 20151
  • Empower Home Mortgage, our mission is simple. Whether you are purchasing a new home or refinancing, we want to ensure that you feel comfortable with the process and are at ease. Our experienced mortgage professionals will guide you step by step through the process and keep you informed throughout.
  • UNITED MORTGAGE CORPORATION
  • 4080 Lafayette Center Drive Suite 100, Chantilly, VA, 20151
  • United Mortgage Corporation has provided industry-leading mortgage services and helped countless home buyers and homeowners find financing solutions to meet their needs. Our reputation is based on building and maintaining relationships that last long after you get the keys to your home or complete your refinance.
  • R&F Commercial Debt and Equity
  • 3684 Centerview Dr, Chantilly, VA, 20151
  • "Founded in 2011 with a strong reputation, expertise in real estate investment, and professionalism founder Steve Ross started R&F Commercial Debt and Equity in response to the challenges in the national real estate market and subsequent opportunities that have been created as its by-product.
  • Central State Bank
  • 102 North Main Street, Elkader, IA, 52043
  • Central State Bank is a family-owned and locally operated financial institution serving eastern Iowa. With locations in six communities: CSB offers a wide variety of personal and commercial products/services, a strong staff and a personal touch and We aim to become a total solution for individuals and businesses who want more from their bank.