USDA Vs. FHA your options comparison in Farmington-Hills, Oakland County, MI
In the year 2025, the USDA loan cap in Farmington-Hills, within Oakland county, MI, is $285,000. Meanwhile, the FHA cap for a single-family residence is $356,362.
Utilize Lendersa® USDA loan calculator to contrast the top USDA against FHA rates of today. Assess necessary income, credit, reserves, and needed documents to qualify. Our advanced mortgage calculator lets you compare USDA, FHA, Conforming, and VA loans, making it easier to judge which program suits your financial needs in best.
2025 Loan Limits and Down Payment Requirements in Farmington-Hills, Oakland, MI
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Options in Farmington-Hills, MI
The aim of Lendersa® is to obtain the best USDA or FHA loans for you promptly and hassle-free. Choose one of three initiation points to connect with lenders and USDA loan programs.
A USDA home loan, guaranteed by the Department of Agriculture, known as a USDA rural development loan, is exclusively accessible in rural areas. Unlike FHA loans requiring at least a 3.5% downpayment, USDA loans do not demand any down payment, enhancing affordability for qualifying individuals.
RCB Bank is a hometown community bank, founded in Claremore, Oklahoma, in 1936 during the Great Depression. Today, RCB Bank is one of the largest Oklahoma-owned banks by assets, serving more than 50 locations across Oklahoma and Kansas.
RCB Bank first opened its doors for business on Saturday, January 4, 1936, at 9:00 a.m.
Equitable Bank was established in 1882 shortly after the community of Grand Island was incorporated. It was organized by a small group of pioneers and was called, at that time, Grand Island Building & Loan Association. For nearly 140 years Equitable Bank has served the community of Grand Island & the surrounding area providing financial services.
RiverHills Bank has been the financial institution of choice for many individuals, businesses and organizations throughout Mississippi since 1890. Our customers value the personal service we provide and are secure in the knowledge they are working with a locally owned bank that shares their sense of community.
AMS Mortgage, a Mississippi Licensed Mortgage Company, is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple.
The bank began in May of 1888 when five shareholders – A. A. Kendall, W. A. Wilson, Ed McCormick, Husted Agar and T. F. McCarty – incorporated Citizens National Bank. The bank officially opened its door on July 5, 1888. In 1911, it became Citizens State Bank, then in 1930 the bank converted to Citizens National Bank.
We offer a wide range of financial products and services – like savings and checking accounts, personal, business and farm and ranch loans and internet-based solutions – that make it easy and convenient to BankNorth.
We’ve been guided by values like honesty, integrity and loyalty every step of the way.
At Healthcare Plus Federal Credit Union, once you become a member you are a member for life. This means that even if you change jobs or move away from Brown County you will always remain a member of our Credit Union Family We are dedicated to providing financial products and services that enhance your lifestyle and encourage financial success.
Great Plains Bank is the trusted community financial institution in each of the four locations we serve. We are an independent, locally owned bank that has been providing our customers full service banking for over 100 years. We provide our employees a stimulating and challenging work environment that encourages, develops and rewards excellence.
