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.
Rock Canyon Bank is dedicated to providing quality financial solutions in a secure and timely manner while providing the professional and personal attention you deserve. We know you have many choices when it comes to banking services and we invite you to bank with us and feel the difference at Rock Canyon Bank.
Secure Private Funding will help you receive cash back on your free and clear rental properties and assist you with your investment real estate purchases. We will not check your credit score or look at your monthly income for you to qualify for our loans. You will increase your working capital to better take advantage.
Alpine Credit Union customize a home loan to fit your specific needs. We can provide you with several financing options. These options all provide you with a competitive rate, low closing costs, and fast approval/funding.
Benefits of using Alpine Credit Union’s Mortgage Department.
Empire Mortgage and Investment, L.C have been serving Utah home and investment property owners since 1998 and have a wealth of experience to counsel you through the lending process. As a broker, we contract with different wholesale lenders to help you obtain the best mortgage terms possible.
First Colony Mortgage Corporation is a full service mortgage banking company serving Utah, Colorado, Idaho, Arizona, Oregon, and Wyoming. First Colony was founded in 1984 by John M. Aldrich and Scott Shelley. Most mortgages are processed, underwritten and closed in house. Since inception First Colony has funded over 50,000 mortgages.
Forewest Financial LLC or ForewestMortgage.com is a licensed mortgage broker. We shop and use wholesale lenders nationwide to obtain the best possible mortgage loan financing available to any given borrower profile. We do conventional, FHA and VA loans as well as non-conventional lending.
268 South State Street, Suite 300, Salt Lake City, UT, 84111
Celtic Bank is a Bank with operations in fifty states. Celtic Bank offers numerous mortgage programs including jumbo, non-owner occupied, FHA and construction mortgages. Celtic Bank specializes in construction loans.Headquartered in Salt Lake City, Utah, Celtic Bank was named the 6th largest SBA lender in the nation for FY 2015.
111 S. Main St, Suite 1600, Salt Lake City, UT, 84111
Bonneville Multifamily Capital has been a division of Bonneville Real Estate Capital (BREC), a full-service mortgage banking firm, since 2003. Since 1975 BREC has originated in excess of $6 billion in interim and long-term loans and sales on real property across the United States.
