FHA VS Conventional loan programs in 2025 for Southgate, Wayne County, Michigan

In 2025, the conventional loan limit for Southgate, located in Wayne county, MI, is $726,200, whereas the FHA limit for a single-family home is $472,030.

Utilize the Lendersa® Conventional loan calculator to compare the best rates available today for Conventional, FHA, and USDA loans. Discover the required income, credit, reserves, and documents needed for qualification. Our advanced mortgage calculator presents Conforming Conventional loans alongside USDA, FHA, and VA options, assisting you in determining which program in MI is most suitable for your financial objectives.

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2025 Loan Limits and Down Payment Details for Southgate, Wayne, MI

Loan Type Loan Limit Down Payment
Conventional Conforming $726,200 3%
USDA $336,500 0%
FHA $472,030 3.5%

The table applies to these zip codes: 48195

Exploring Conventional and FHA Loan Options in Southgate, MI

Lendersa® is dedicated to securing the best Conventional, USDA, or FHA loan for you promptly and without hassle. Choose one of three initial paths to connect with matching lenders and explore loan programs.

Lendersa USDA loan request matching results


  • Grove Capital Finance
  • 1550 Madruga Avenue, Suite 200, Coral Gables, FL, 33146
  • Grove Capital Finance is a company guided by a commitment to fair pricing and sensible financing to our customers. We can fund loans anywhere in the State of Florida, we have access to a large number of lenders, and offer the most variety in loan programs. A company staffed by people who want to help customers meet goals
  • Newmeyer Mortgage Services Inc
  • 1390 South Dixie Highway, Suite 1203, Coral Gables, FL, 33146
  • We are a family business founded in 2004 on integrity, honesty, and exceptional service helping families and individuals achieve the dream of homeownership. As a direct mortgage lender we can offer the best rates and service in the S. Florida market. business founded in 2004 on integrity, honesty, and exceptional service helping families
  • Universal Mortgage
  • 1430 South Dixie Highway #309, Coral Gables, FL, 33146
  • Universal Mortgage is a correspondent lender located in Coral Gables, Florida. We have over 20 years of experience in the mortgage industry. We are looking for qualified licensed loan originators wanting to expand their career with a mortgage lender that offers tremendous support in the industry.
  • Lakeview Loan Servicing
  • 4425 Ponce de Leon Blvd, MS 5-251, Miami, FL, 33146
  • Lakeview Loan Servicing, LLC is the fourth largest mortgage loan servicer in the country. What does that mean? We help more than 1.4 million customers per year manage the investment they’ve made in their homes. That means that we’ll be with you throughout the life of your mortgage.
  • Orion Mortgage Inc
  • 10560 Wadsworth Boulevard, Broomfield, CO, 80021
  • Orion Mortgage, Inc. provides education for both potential borrowers and professionals. Don Opeka, CSA has two Reverse Mortgage seminars that lay out the facts, dispel the myths and provide actionable steps for how to use your home to stay in your home. His seminars, "Reverse Mortgage Myths - Real Stories Behind the Loans
  • Sigma Mortgage Corporation
  • 390 Interlocken Crescent, Suite 350, Centennial, CO, 80021
  • SigmaPro is a leading provider of business transformation (turnaround) consulting services. With decades of experience in strategy, performance assessment, performance improvement, Lean, Lean Six Sigma, Design for Six Sigma (DFSS), operations excellence, business model validation, revenue and margin optimization.
  • Elite Financial Team LLC
  • 390 Interlocken Crescent, Suite 350, Broomfield, CO, 80021
  • Elite Financial Team, LLC is a local, Colorado-based mortgage company, whose goal is to provide some of the lowest rates combined with some of the lowest fees, for any given loan scenario, without compromising superior customer service and satisfaction. Our goal is to provide a level of service second to non.
  • Mission Mortgage Colorado Inc
  • 8181 Arista Place, Suite 100, Broomfield, CO, 80021
  • Mission Mortgage Colorado, we know that the right mortgage makes all the difference. It's the vehicle to bring your homeownership dreams to life, but also an important tool to manage debt and create wealth. Trust your financing to a team of experts that understands and applies this every day.
  • Guaranty Home Mortgage Inc
  • 390 Interlocken Crescent, Suite 350, Broomfield, CO, 80021
  • 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.