Explore the differences! FHA VS Conventional loan programs in Novi, Oakland County, Michigan
In 2025, the permitted limit for conventional loans in Novi, within Oakland County, MI, is defined as $726,200. By contrast, the FHA has set its loan limit for a single-family home at $472,030, providing distinct financial guidelines for borrowers.
Utilize the Lendersa® Conventional loan calculator to effectively assess today's top rates across Conventional, FHA, and USDA loan options. This tool is invaluable for determining what income, credit rating, reserves, and documentation are necessary for qualification. With this advanced mortgage calculator, you can easily see Conforming Conventional loans next to USDA, FHA, and VA options, supporting your decision on which financial route in MI aligns best with your goals.
2025 Loan Limits and Down Payment Details in Novi, Oakland County, MI
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
These details apply to the following zip codes: 48377, 48375, 48374, 48167, 48376
Available Conventional and FHA Loan Choices in Novi, MI
The primary aim of Lendersa® is to facilitate a smooth and fast acquisition of the best available Conventional, USDA, or FHA loans, free from unnecessary complications. You can begin by selecting one of three starting points designed to connect you with appropriate lenders and suitable loan programs tailored to your needs.
Lauren's passion is helping you finance real estate by designing personalized solutions that meet your needs. With some of the most cutting edge programs available to provide you with the "best fit" options, when combined with transparency, you are in control of your mortgage and empowered to make the best possible decisions for your finances.
11602 South Redwood Road, Suite B201, Riverton, UT, 84095
Optimum Mortgage, LLC. We are a full-service mortgage company based in Riverton, UT. We specialize in FHA Streamline in the State of Utah (Soon to expand to more states). Whether you are buying a home or refinancing, we can help you realize your dream of home ownership or save you money when getting your new lower monthly payment.
1124 W South Jordan Pkwy, Suite A, South Jordan, UT, 84095
The Lending Alliance is mortgage home loan provider founded in the belief that every customer deserves the best service and that every employee deserves the best work environment no matter what.As home is where the heart is, it is our mission to be honest, faithful, and unwavering in assisting all our customers in making sound financial decisions.
10808 S River Front Pkwy, Suite 393, South Jordan, UT, 84095
Unified Lending is your premier mortgage lender located in the beautiful Wasatch front. If you are looking to purchase a new home or refinance the one that you have, we are here to help! We take great pride at Unified Lending in educating our customers and in keeping them informed during the loan process.
2651 W South Jordan Parkway, South Jordan, UT, 84095
Our mortgage team members will give you the personal service you deserve and treat you with the respect due an esteemed customer.We realize the big commitment you are making in purchasing a house, refinancing, or cashing out your equity. So we make a commitment to you: we will help you qualify, apply and be approved for the perfect mortgage loan.
1258 W South Jordan Parkway, Suite 102, South Jordan, UT, 84095
Our vision is simple, we are focused on helping loan officers grow their business. Most of the loan officers that join our company have experienced at least one of these common frustrations that have limited their growth. If any of the following frustrations resonate with you, let’s have a conversation soon.
212 East Crossroads Blvd, Suite 177, Saratoga Springs, UT, 84045
Toptiermortgage.com, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family.
Utah Heritage Credit Union has a 50 year history of serving the hard working men and women of Sanpete and Sevier Counties. The credit union was started by and continues to be directed by these men and women.Moroni Feed Credit Union was organized on December 10, 1969 by AD Shepherd. Forty Five people were in attendance.
The Mortgage Partner has been providing mortgage loans in Utah since 1993. Our Utah based company has over 40 years of combined lending experience. We are a mortgage broker which allows us the opportunity to work with multiple lenders—getting you the best rate possible. As a mortgage broker, we have access to many different lenders that others
CloseYour Mortgage has helped thousands of Utahns save on their upfront mortgage costs and monthly interest payments. Reach out and let our licensed professionals show you the sensible way to finance (or re-finance) your dream home. There are many types of mortgage loans available.
