FHA VS Conventional loan in Romulus, Wayne County, Michigan
In 2025, Convetional loan limit in Romulus, 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.
2025 loan limits and downpayment requirments in Romulus, 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: 48174, 48242
Conventional and FHA loan options in Romulus, 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.
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 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,"
Illinois Educators Credit Union is a member-owned full-service financial cooperative with over $50M in assets serving 7,000 members. Founded in 1938, IECU operates from two locations in Springfield, Illinois and participates in the Co-Op Network, providing shared branching offices and free ATM locations across the state and country.
Marine Bank takes an active role in building Central Illinois. We are committed to making our communities better places to live because we live here, too. We recognize that improving the vitality and quality of life in Springfield, Champaign, Bloomington-Normal, Macomb, Rushville and surrounding areas is in the best interest of our customers
First National Bank of Nokomis has been awarded five-star rating (the highest award given) by Bauer Financial Reports, Inc., since they started their bank-rating service in 1989. We've also received "A" ratings from Sheshunoff Information Service, Inc., a national bank rating service
M.E. Employees Credit Union serves more than 1500 members. We are governed by a Board of Directors composed entirely of MEECU members whom are elected by the membership. We are a member-owned not-for-profit financial institution striving to bring financial health to all our members.
Serving members across all 50 states, Connexus Credit Union is a member-focused cooperative that is proud to return profits to member-owners through high yields for checking accounts and deposit products, as well as competitive rates for personal, home, and auto loans. Members benefit from a multi-channel service
Peoples State Bank opened its doors in 1962 as an independent bank dedicated to customer satisfaction. Quality service was the vision of the 15 original founders. All types of businesses, small and large were attracted to this type of bank where profits were reinvested in the community it served.
