FHA VS Conventional loan in Royal-Oak, Oakland County, Michigan

In the year 2025, the conventional loan ceiling in Royal-Oak, within Oakland county, MI is set at $647,200, while the FHA cap is $420,680 for a single-family residence.

Utilize the Lendersa® Conventional loan calculator for comparing current rates across Conventional, FHA, and USDA loans, determining income and credit needs, along with necessary reserves and documents for qualification. Our sophisticated mortgage calculator showcases comparisons of Conventional, USDA, FHA, and VA loans simultaneously, aiding you in selecting the best plan in MI for your financial needs.

Explore loan offers from 100 lenders

2025 loan limits and downpayment needs in Royal-Oak, Oakland county, MI

Loan Type Loan Limit Downpayment
Conventional Conforming $647,200 3%
USDA $285,000 0%
FHA $420,680 3.5%

This comparison table pertains to the following zip codes: 48067, 48073, 48068

Options for Conventional and FHA loans in Royal-Oak, MI

The aim of Lendersa® is to swiftly provide you with an optimal Conventional, USDA, or FHA loan. Choose from three starting paths to find matched lenders and loan schemes quickly.

Lendersa USDA loan request and matching outcomes


  • Robbins & Lloyd Mortgage Inc.
  • 17337 Ventura Boulevard, Suite 100, Encino, CA, 91316
  • Robbins & Lloyd Mortgage Inc. is no longer just a mortgage, and must be seen as part of your overall debt management strategy and an integral part of your financial plan. Our team is committed to providing expert advice to you and your family in order to protect one of your most valuable assets – your home.
  • My Loan Underwriters
  • 17609 Ventura Boulevard, Suite 208, Encino, CA, 91316
  • My Loan Underwriters provide our borrowers, agents and business affiliates with a streamlined loan financing process, delivering exceptional service, competitive pricing and an array of loan programs. Our industry education and funding source relationships make us uniquely qualified to help our clients select the best product.
  • First Nation Financial Corp
  • 17609 Ventura Boulevard, Suite 208, Encino, CA, 91316
  • First Nation Financial Corp began with the belief that our clients’ best interest is our #1 priority. Today, this philosophy is more important than ever. Our loan officers, Jan and Kam, each with 30 years of experience, will utilize their resources to obtain the best and most competitive loan for you.
  • Go Direct Lenders, LLC
  • 17525 Ventura Boulevard, Suite 107, Encino, CA, 91316
  • 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.
  • Apex Financial Group
  • 5535 Balboa Boulelvard, Suite 102, Encino, CA, 91316
  • Apex Financial Group is committed to helping you find the right mortgage product for your individual needs. With over 30 years of experience, we work with industry-leading lenders to provide NO-COST LOANS at competitive rates for residential, multi-family and commercial real estate financing.
  • University Credit Union
  • 1500 S Sepulveda Blvd, Los Angeles, CA, 90025
  • University Credit Union (UCU) was founded by the University Community for the University community in 1951 on UCLA’s campus. As we’ve grown, we’ve expanded to serve other universities throughout California, the West Coast Conference, and the Big West Conference. We keep our members’ best interests at the forefront of everything we do.
  • Ideal Financial, Inc.
  • 12121 Wilshire Boulevard, Suite 101, Los Angeles, CA, 90025
  • Ideal Financial, Inc. has served the volatile Southern California real estate market, and recently expanded into Colorado as well. In addition to offering traditional mortgage programs, Ideal Financial, Inc. provides reverse mortgage financing (HECM loans) for older Americans. Our mission is to serve our customers with honesty.
  • Sunset Lending & Realty
  • 11601 Wilshire Boulevard, Suite 500, Los Angeles, CA, 90025
  • The Sunset Lending & Realty team focuses on providing the service value of a boutique firm with the speed and efficiency of the biggest banks. Our value comes from masterclass experts in mortgage loans and residential real estate that work together to provide the greatest value to California homeowners.
  • Priority One Mortgage
  • 12021 Wilshire Blvd, Suite 432, Los Angeles, CA, 90025
  • Priority One Mortgage offers premier mortgage benefits. We are located in Los Angeles, California. The experienced team members here are committed to quality customer service and putting the needs of the people it serves first. Priority One Mortgage will always adhere to the highest degree of integrity in all business dealings.
  • JDM Funding Corporation
  • 11111 Santa Monica Boulevard, Suite 1840, Los Angeles, CA, 90025
  • JDM Funding Corp provides competitive financing options for real estate investors, developers, & owner-occupants. Given our extensive experience, we offer direct expertise for each situation & transaction, whether you are buying a home, or you have a commercial project needs, such as financing existing properties, construction, development.
  • MCP Mortgage Capital Partners
  • 12400 Wilshire Blvd, Suite 900, Los Angeles, CA, 90025
  • Mortgage Capital Partners are the preferred lender for many realtors, business managers and CPAs in Los Angeles and throughout the country.Our team of skilled loan officers, each with an average of 20 years experience, works in a collaborative environment where expertise is shared.
  • Wilshire Quinn Capital
  • 11601 Wilshire Blvd., Suite 500, Los Angeles, CA, 90025
  • Since 2004, Wilshire Quinn Capital Inc. has been a leader in the capital markets. It is a direct portfolio lender that originates bridge loans secured by real estate located primarily in California. Today Wilshire Quinn Capital serves as the Fund’s managing partner, actively working to provide fast, reliable funding for our borrowers and consiste