USDA and FHA Pro and Con in Detroit, Wayne County, MI
For the year 2025, in Detroit, within Wayne county, MI, the USDA loan limit is $336,500, whereas the FHA loan limit for a single-family home is set at $472,030.
Utilize the Lendersa® USDA loan calculator to effectively compare the most competitive USDA and FHA rates today, and determine the necessary income qualifications, credit score, reserves, and required documents. Our advanced mortgage calculator displays USDA, FHA, Conforming, and VA options side by side, aiding you in choosing the right program for your financial circumstances in .
2025 Loan Limits and Down Payment Requirements in Detroit, Wayne, MI
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Detroit, MI
The goal at Lendersa® is to secure the best USDA or FHA loans for you quickly and without hassle. Choose one of the three starting approaches to then connect with suitable lenders and discover USDA loan programs.
A USDA home loan, backed by the Department of Agriculture, commonly referred to as a USDA rural development loan or USDA mortgage, is specifically for rural locations. Unlike FHA loans which demand at least a 3.5% down payment, the USDA mortgage loan requires no down payment.
17785 Center Ct Dr N, Suite 660, Cerritos, CA, 90703
At Brooklyn Financial Mortgage Services we put the borrower first. You’re a person. Not a number, and certainly not just another loan. You’re also unique, and you’re searching for the best loan for your personal financial situation. As part of our world-class service, we build the right mortgage for you at the best overall cost.
12750 Center Court Drive, Suite 290, Cerritos, CA, 90703
Citywide Home Loans was founded on December 7, 1998 by Steven J. Goorman as Citywide Funding. His entrepreneurial, dynamic, and determined style has grown the small broker company of just 5 employees to the large corporation it is today. Even though Citywide Home Loans now employs nearly 800 employees and covers more than 37 states
RC Advantage offers refinance and purchase transactions with the best possible financing. We are a licensed California mortgage lender, and pride ourselves in offering real estate purchasers and refinancers the best financing terms available. #1665027vantage offers refinance and purchase transactions with the best possible financing.
426 Sutton Way, Suite 114, Grass Valley, CA, 95945
We know that each client has unique goals and financial objectives. For this reason, we take the time to provide detailed information and guidance to help our clients navigate through the somewhat confusing loan application process. We take pride in being a part of your home-buying team and will always take the approach
1740 E. Main Street, Suite 102, Grass Valley, CA, 95945
Olympia Mortgage and Investment Company, Inc. is a premier lending institution and investment company specializing in mortgage loans secured by California real estate funded by private investors.Olympia Mortgage and Investment Company, Inc. provides the finest in long and short-term financing balancing needs of both borrower and investor.
6400 E Washington Blvd, Suite 105, Commerce, CA, 90040
We pride our self in making every transaction simple for you. We will take care of everything in the transaction from beginning to end so you can focus on what matters most to you. Roxford Holdings is here to offer guidance and support when navigating the ups and downs of home ownership.
First Cal began providing loans to new home buyers in 1977, helping to fund explosive economic growth. In time we launched Headlands Mortgage Company to bring innovative loan programs to mortgage brokers. We expanded the operation across the country and, at one point, made loans in 42 states.
Quick Loans America We Welcome Good Credit, Bad Credit And Poor Credit For All Of Our Loans. With A Simple Form You Can Start Your Loan Process Today. Quick Loans America Now Has Lenders That Can Go Up To $50, 000. Our mission at Quick Loans America is to make your lending process as quick and easy as possible.
Los Angeles Federal Credit Union (LAFCU), was founded in 1936 by Los Angeles City employees to provide a source for affordable financial services to their fellow workers. Today our 49, 000 members include Los Angeles City employees, retirees and volunteers, "Select Employee Group" employees,
Jacob and Jacob Realty & Finance launched in July 2015 in Glendale, California providing mortgage and real estate services with excellent customer service. We are a committed team of both real estate agents and loan officers with a combined experience of 30 years in our industry.
