USDA Vs. FHA Pro and Con comparison in Essexville, Bay County, MI
For 2026, the USDA loan limit in Essexville, within the county of Bay, MI, stands at $336,500, while the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to explore and compare today's best rates for USDA versus FHA loans. Determine the income, credit, reserves, and documents required to qualify. Our advanced mortgage calculator enables you to view USDA, FHA, Conforming, and VA options side by side, assisting you in deciding which loan program in best suits your financial situation.
2026 Loan Limits and Down Payment Requirements in Essexville, County of Bay, 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 Essexville, MI
Lendersa® is committed to helping you obtain the optimal USDA or FHA loan efficiently and with little hassle. Choose one of three pathways that direct you to matching lenders and USDA loan programs.
The USDA home loan, backed by the Department of Agriculture, is also known as a USDA rural development loan or USDA mortgage, available exclusively in rural areas. FHA loans require a minimum 3.5% down payment, whereas USDA mortgages require none, making them highly accessible in these regions.
Lake Mortgage Company first opened its doors in 1946 in Gary, Indiana. With more than 75 years in business, we are now the oldest and most established mortgage banking firm in the region. We specialize in dependable pre-approvals and efficient loan processing so you can close your transaction on time.
Centier is Indiana’s largest private family-owned bank. Since 1895, the Schrage family has built a legacy of success that extends throughout the communities it serves. As a family-owned bank, Centier stands firmly behind its “Not For Sale” promise, pledging to the families, businesses, and communities of Indiana.
SouthShore Region Mortgage specializes in Conventional FHA, JUMBO, USDA, and VA financing. We custom tailor each loan program to make sure it is the right fit for our clients. We will walk you through the process to make sure you are informed along the way and have all the adequate knowledge to select the right loan product for you and your family.
Our goal as a Credit Union is to provide the best products and high-end service to the members that choose to bank with us. Without our members our doors would not be open. The lifeblood of a Credit Union is our membership, and at U S Federal Credit Union we are very happy to have some of the best members around.
I'm Larry the Mortgage Guy, and I'm Here To Help You've heard the horror stories...how hard it is to qualify, the mounds of paperwork you have to provide, the difficulties and delays. Not to mention the fighting, shopping, and haggling to get a good rate and It's easy to reach me - feel free to call me direct or if you prefer you
8101 Polo Club Dr, Suite A, Merrillville, IN, 46410
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.
Region Mortgage specializes in Conventional, FHA, JUMBO, USDA, and VA financing. We custom tailor each loan program to make sure it is the right fit for our clients. We will walk you through the process to make sure you are informed along the way and have all of the adequate knowledge to select the right loan product for you and your family.
5401 S Wentworth Avenue, Number 25, Suite 19E, Chicago, IL, 60609
Our mission is to equalize economic power and to fight poverty by improving financial literacy and providing access to credit and savings services for our members. We are working to create and maintain an accessible, full service federal credit union organization, which is owned and managed by its members.
5401 South Wentworth Avenue, Unit 26, Chicago, IL, 60609
The 77th Street Depot Federal Credit Union was founded in 1938, The original field of membership was and is Chicago Transit Authority employees and their family members.
The Credit Unions were founded on the idea that though a cooperative financial effort, individuals sharing common bonds could benefit.
The Synergy Partners Credit Union has a great history behind it. Founded in 1935 as the Republic Steel Employees Credit Union of South Chicago, the credit union grew primarily on the strength of the steel industry. This lasted for over fifty years.
In 1985 the credit union changed its name to the Calumet Region Credit Union.
