USDA Vs. FHA your options comparison in Detroit, Wayne County, MI
For the year 2026, 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 .
2026 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.
Headquartered in Baton Rouge, Investar Bank is a full-service community bank that offers a superior level of products and services to individuals, professionals and small, medium and large businesses. This includes specialty accounts, bill paying services, cash management, electronic transactions and a wide variety of loan services.
128 Demanade Boulevard, Suite 306, Lafatette, LA, 70503
Our mission is to be the home financing partner that you trust to serve your family, friends, and community. Through our family of dedicated mortgage professionals, our commitment is to deliver an exceptional experience. If you find yourself lost in the home buying process, no worries, “we know the way to get you HOME.
5750 Johnston Street, Suite 102, Lafayette, LA, 70503
Universal Lending is one of the most experienced mortgage companies in the area, with over 96 years combined experience throughout our team. Serving the state of Louisiana, we have the resources necessary to close loans quickly and efficiently. Among those resources are our relationships with local, regional, national lenders, and investors.
3639 Ambassador Caffery Pkwy, Suite 420, Lafayette, LA, 70503
Prestige Mortgage of Louisiana LLC. is committed to providing our clients with the highest quality financial services combined with the lowest costs and rates available in the area. Our outstanding mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically.
3639 Ambassador Caffery, Suite 302, Lafayette, LA, 70503
Our staff of mortgage professionals will give you the personal attention you deserve and treat you with the respect due to a valued customer. We understand you’re making a commitment in buying a new home or refinancing your current home. So, in turn, we will also make a commitment to you. We will help you qualify, apply
Our team is committed to providing our clients with the highest quality financial services combined with the lowest rates available in your area. Our outstanding mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs
InterTrust Mortgage, L.L.C. is a full service, licensed mortgage broker. It is our commitment to offer only the highest quality professional service to our clients, Realtors and associates in related fields. Over the years, we have built a reputation of offering honest, ethical, and thorough service to our clients.
First Pioneers FCU was chartered in 1949 by the employees of AT&T. These forward looking people saw an opportunity to provide for individual thrift, mutual savings and access to low cost loans. Running a credit union meant pooling common savings through payroll deduction, then lending it to members.
714 E Kaliste Saloom Road, Suite A-3, Lafayette, LA, 70508
In 1974, several PHI employees would meet each day for their coffee breaks. One day while they were enjoying their friendships over a cup of coffee, the topic of discussion was Credit Unions.
The more they discussed the benefits a credit union could provide to the employees, the more excited they became about the possibility of organizing.
Gus Abirached, my mission is to set a high standard in the mortgage industry. I am committed to quality customer service – putting the people I serve first. My goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options that are available.
