USDA Vs. FHA Pro and Con comparison in Clare, Clare County, MI
In the year 2026, the USDA loan limit for Clare, located in the county of Clare, MI, amounts to $336,500. In contrast, the FHA limit for a single-family home is set at $472,030.
Take advantage of the Lendersa® USDA loan calculator to compare the top USDA versus FHA rates in the market today. Additionally, determine the necessary income, credit profile, reserves, and documents required for qualification. Our advanced mortgage calculator effectively showcases USDA, FHA, Conforming, and VA loans side by side, aiding you in selecting the most suitable financial product in , tailored to your specific financial situation.
2026 Loan Limits and Down Payment Requirements in Clare, County of Clare, MI
Type of Loan
Maximum Loan Limit
Required Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Solutions in Clare, MI
The primary objective of Lendersa® is to swiftly secure the most favorable USDA or FHA loans for you, minimizing complications. Begin with one of three suggested pathways that align with matched lenders and USDA loan solutions.
A USDA home loan is backed by the government via the Department of Agriculture, also referred to as a USDA rural development loan or a USDA mortgage, and is exclusively accessible in rural areas. Unlike FHA loans, which mandate a minimum down payment of 3.5%, USDA loans are distinctive in that they require no down payment whatsoever.
20700 Civic Center Dr, Suite 360, Southfield, MI, 48076
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.
20700 Civic Center Drive, Suite 240, Southfield, MI, 48076
Bernard Financial Group, Michigan’s largest commercial mortgage banking firm, specializes in both debt and institutional equity placement for commercial real estate borrowers and developers with commercial lenders and institutional joint venture participants. Since its inception, Bernard Financial Group has financed.
19785 West 12 Mile Road, Suite 462, Southfield, MI, 48076
ADM FINANCIAL GROUP We specialize in commercial mortgages from $250, 000.00 to $25, 000, 000.00 for the acquisition or refinancing of multi-family apartment, mini malls, multi-use buildings, churches, mini-storage, golf courses, car washes, c-stores, offices, industrial, anchored and non-anchored retail, hotels, motels flagged and un-flagged.
26555 Evergreen Road, Suite 900, Southfield, MI, 48076
Mortgage Center has been working with credit union members and mortgage borrowers to help our communities grow. As a member of Mortgage Center, you’re backed by a caring team of professionals experienced in mortgage lending and borrowing. Plus, on most mortgages, you will always make your payments to Mortgage Center for the life of the loan.
People Driven Credit Union is a member-owned, full-service financial institution helping members and their families with money management since 1928. PDCU was founded in 1928 as Detroit Federal Employees Credit union to serve as a primary field of membership of federal employees in the Detroit area and their families.
25200 Telegraph Rd, Suite 350, Southfield, MI, 48033
We believe in small businesses and the people who grow them.
In fact, our mission at Credibly is to be the best small business lender. To make that happen, we leverage cutting-edge data science, technology, partner relations, and customer support to provide business owners with faster access to right-sized capital solutions.
26711 Northwestern Highway, Suite 200, Southfield, MI, 48033
We obtain our clients information from a referred based system we have in place with real estate agents & brokers across the nation.From having a client’s information, we assist with any purchase or refinance need.Our exclusive service allows us to have a more intimate understanding of how we can help client make a stressful process a positive one.
Cornerstone Community Financial is a progressive full-service financial institution still owned and operated by its members. To help members reach their personal financial goals, the credit union offers financial products and services ranging from share certificates to Visa® credit cards to online banking.
Mortgage 1 is dedicated to providing a world-class team with innovative tools to better serve our customers. Our mission is to deliver unique financing options tailored to each individual’s situation. Family is the foundation of Mortgage 1 and providing exceptional service to lifelong customers is our goal.
44028 Mound Rd, Suite 3, Sterling Heights, MI, 48314
R-B Financial/Mortgages, Inc was established in 1992. A lot about the mortgage industry has changed over that time. However, our core principles established 30 years ago still remain the same today. Honesty. Integrity. Accountability.Founded by Ralph Buccinno, R-B Financial/Mortgages, Inc.
