FHA VS Conventional loan in Richmond, Macomb County, Michigan
For 2026, the conventional loan cap in Richmond, part of Macomb county, MI, is $726,200, while the FHA limit for a single-family residence is $472,030.
Utilize the Lendersa® Conventional loan calculator to contrast today's best rates across Conventional, FHA, and USDA loans. Determine the required income, credit standing, reserves, and documentation to qualify. With our sophisticated mortgage calculator, you can view Conforming Conventional, USDA, FHA, and VA loans side by side to assist in choosing the most suitable option in MI for your financial needs.
2026 Loan Limits and Downpayment Requirements in Richmond, Macomb County, MI
Loan Category
Limit Amount
Minimum Downpayment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
Note: This applies to zip codes: 48062
Available Conventional and FHA Loans in Richmond, MI
The mission of Lendersa® is to quickly furnish you with the best-suited Conventional, USDA, or FHA loans without difficulty. You can choose from three starting points to connect with matching lenders and loan options.
PLB Lending, LLC was opened by Patricia Bidus in 2001 in Washington Township, Michigan. The main goal of the company is to assist our community with all of its mortgage needs. As a full service mortgage broker, we have always put our clients first. Going the extra mile to make sure they always receive the lowest rates and costs.
Our mission is to Simplify a very complex industry...We promise to deliver the best possible advice and the most productive solutions to our clients. We can proudly state that collectively our team has worked together for Twenty Years. We share our ideas and strategies.It is our Privilege and our Obligation to serve You.
Elementary Lending is a Premier Mortgage Brokerage in the Metro Detroit area. Our main focus is to educate our clients on all available options to ensure they are able to get into the program that best fits their goals. Our amazing team will help every client with a simplified and transparent process.
14121 Lakeside Boulevard North, Shelby Township, MI, 48315
Lends in Michigan
We have built a strong reputation as an outstanding mortgage brokerage firm serving the lending needs of real estate professionals, builders and individual homebuyers and also There are a number of different types of home loans available to you, and it can pay to familiarize yourself with them.
Local mortgage broker located in Shelby Township, Michigan. Offering all types of mortgages. Conventional, FHA, VA, USDA/Rural Development. Second Mortgages and HELOCS. 0% Down Payment programs available for first-time home buyers. We are mortgage experts that find solutions to work with all types of credit profiles and borrowers'
8155 Annsbury Drive, Suite 102, Shelby Township, MI, 48316
Lends in Michigan
For over 25 years, we have been helping families across Michigan achieve their dream of home ownership We specialize in a variety of home loans, including Conventional, FHA, more loan products.Dante Rosa Home Loans, LLC is here for your home loan and mortgage needs, whether it be purchasing the home of your dreams.
6441 Thorneycroft Drive, Shelby Township, MI, 48316
Lends in Michigan
Our mission is to provide every home buyer with competitively priced residential mortgage financing. As a mortgage industry leader, we are committed to customizing your home loan so you and your family can enjoy the personal benefits of homeownership. As a responsible lending leader.
7875 24 Mile Road, Suite 200, Shelby Twp, MI, 48316
Lends in Michigan
Capital Lending Inc is a state wide mortgage lender. Loan closing agents that cover every city in City and County. Keep in mind, we offer the lowest mortgage interest rates available. Low closing costs if you have Excellent credit or even if you are a first time home buyer. We are always available to help.
FreeStar Financial Credit Union was originally established in 1957 at what is now the Selfridge Air National Guard Base as Selfridge Air Force Base Credit Union. In its early years, the Credit Union's field of membership consisted of military personnel and supplemental staff at Selfridge Air Force Base.
