USDA Vs. FHA your options comparison in Detroit, Wayne County, MI
In 2025, USDA loan limit in Detroit, county of Wayne, 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.
2025 loan limits and downpayment requirments in Detroit, county of Wayne, 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 Detroit, 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.
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?
Tomahawk Community Bank, SSB, was formed as Tomahawk Building and Loan on March 29, 1920. In 1960 the name changed to Tomahawk Savings and Loan and was chartered as a mutual state thrift institution. In 1993, to better accommodate our customers, we changed our charter making us a state savings bank
1319 F Street NW, Suite 500, Washington, DC, 20004
Advantage Financial Federal Credit Union Our Credit Union was originally chartered in 1932 by a small group of Veterans Administration employees. They were dedicated to building a financial institution that would provide outstanding financial services...at the lowest possible cost
Verus is a mortgage investor filling the credit void in today’s mortgage market. Verus acquires responsible non-agency mortgage loans from correspondents. Acquisition programs are designed to address the issues limiting a borrowers’ access to credit through common sense underwriting. All programs focus on the borrowers’ ability to repay.
2011 Crystal Drive, Suite 800, Arlington, VA, 22202
National Cooperative Bank is the only Bank in the United States dedicated to delivering nationwide Banking products and solutions to cooperatives and other member-owned organizations. Serving both rural and urban neighborhoods, NCB is a leader in supplying grocery, health care, small business and housing solutions to the nation’s communities
January 4, 1902 banking was started and one week later total assets were $19, 402.16. The January 9, 1902 meeting of the stockholders was held in the new bank. H. F. Wunder was hired as cashier receiving $50 a month salary. W.I. VanderVeer served as President with no pay and Julius W. Schiele served as Vice President.
Our success is no secret. Since our founding in 1903, the First National Bank of Raymond has dedicated itself to our customers and communities. Below you will find important milestones in our history that have led to our hundreds of years of total combined experience and commitment to excellence in all five of our locations.
Freeland Financial has built a strong reputation as an outstanding mortgage brokerage firm. We serve the lending needs of builders, real estate professionals, and individual homebuyers throughout the state of Maryland, Virginia, and Florida.Our customers keep coming back because we have low rates and the best service in MD, VA and FL..
2440 Market Street NE, Suite 901, Washington, DC, 20018
Transit Employees Federal Credit Union (TEFCU) was founded on March 29, 1940 as D.C. Transit Workers Division 689 Federal Credit Union, by five (5) employees of the Capital Transit Company in Washington, DC. They combined their purchasing power and started the Credit Union with thirty-seven (37) shares at a par value.
Since 1970, we’ve stood behind members of associations, businesses, alumni groups and charitable organizations to help them build their businesses, families and dreams with financial products and resources for the everyday to the once-in-a-lifetime need and With members making the important business decisions, everyone’s voice is heard.
Specializing in Mortgage Banking for over 20 years as a licensed professional. I take pride in being able to offer my clients a wide array of Conventional, Government & Jumbo Loan programs. My goal is to customize the "right" loan program to match your short term & long term financial goals.
