USDA Vs. FHA your options comparison in Cheboygan, Cheboygan County, MI

In 2025, USDA loan limit in Cheboygan, county of Cheboygan, MI is $336,500 while FHA limit is $472,030 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

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2025 loan limits and downpayment requirments in Cheboygan, county of Cheboygan, MI

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

USDA and FHA loan options in Cheboygan, MI

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

Lendersa USDA loan request and matching results

What is USDA Loan in Michigan?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

Enter your location to find out if it qualifies for USDA rural housing loan?



  • Mortgage Express, LLC
  • 10260 SW Greenburg Road, Suite 830, Portland, OR, 97223
  • Mortgage Express has been an industry leader in residential lending since our doors opened in 1999. From a single office located just outside of Portland, OR, Mortgage Express has grown to 8 offices throughout Oregon and Washington by developing lasting relationships with our valued clients and referral partners.
  • Silverado Funding LLC
  • 10300 SW Greenburg Road - Suite 270, Portland, OR, 97223
  • Silverado Funding LLC is a mortgage banker and lender specializing in private money loans to individual borrowers or businesses in need of financing for real estate transactions. Established in 2006, we have provided funding on more than 900 investment transactions. We originate, process, fund, and service all of our loans.
  • Mortgage Express
  • 10260 SW GREENBURG ROAD, SUITE 830, Portland, OR, 97223
  • ortgage Express has been an industry leader in residential lending since our doors opened in 1999. From a single office located just outside of Portland, OR, Mortgage Express has grown to 8 offices throughout Oregon and Washington by developing lasting relationships with our valued clients and referral partners.
  • PUD Federal Credit Union
  • 960 Commerce Avenue, Longview, WA, 98632
  • At PUD Federal Credit Union we know you have many great choices in our local area for your financial needs, and we’ll go the extra mile to earn your business. Unlike banks, we are a non-profit which means we return our profits to you, our member-owners, which means better rates, lower fees and special discounts.
  • Mint Valley Federal Credit Union
  • 3325 Washington Way, Longview, WA, 98632
  • Mint Valley Federal Credit Union will be a financial cooperative committed to providing quality financial services to its members. We will operate primarily within the region, but will service members beyond this area through their places of work, by phone, or by mail as required.
  • Lower Columbia Longshoremen's Federal Credit Union
  • 629 14th Avenue, Longview, WA, 98632
  • Lower Columbia Longshoremen's FCU exists to provide each member with personal, professional, convenient and competitive financial services. Once you join your family members are eligible, too. This includes grandparents, parents, spouses, siblings, grandchildren, and children, they can extend the membership opportunity to their family members, too.
  • Red Canoe Credit Union
  • 1418 15th Ave, Longview, WA, 98632
  • We're passionate about helping our members achieve their financial dreams. We're dedicated to hiring passionate, knowledgeable, and dependable individuals who are service-oriented and attentive to detail. If you're looking for a rewarding career in the financial industry and enjoy providing excellent customer service.
  • Life Mortgage
  • 842 Washington Way, Suite 110, Longview, WA, 98632
  • Mann Mortgage has been helping home buyers turn their dream of homeownership into reality for 30 years. We offer a variety of home loan solutions, including FHA, VA, Conventional, FHA 203k (Rehab) financing, USDA, low FICO loan options, investor loans, first time home buyer loans and more. Please select a loan type from the options below to learn