USDA and FHA Pro and Con in Franklin, Oakland County, MI
In 2025, the USDA loan limit for Franklin, located in the county of Oakland, MI, is $336,500. For a single-family home, the FHA limit is $472,030.
Explore today's best rates by using the Lendersa® USDA loan calculator, comparing USDA versus FHA options. This tool helps determine the income, credit, reserves, and documents needed to qualify. Our advanced mortgage calculator shows USDA, FHA, Conforming, and VA loans side by side, aiding your decision on the best program for your financial resources, especially in Alabama.
Loan Limits and Downpayment Requirements for 2025 in Franklin, County of Oakland, MI
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Explore USDA and FHA Loan Alternatives in Franklin, MI
Lendersa® strives to secure the best possible USDA or FHA loan for you quickly and effortlessly. Choose one of three starting options that lead to matching lenders and USDA loan programs.
A USDA home loan, also known as a USDA rural development loan or USDA mortgage, is guaranteed by the Department of Agriculture and is exclusively available in rural areas. In contrast to FHA loans that require a minimum down payment of 3.5%, USDA loans require no down payment at all.
The Bank of Commerce was chartered in 1927 to serve the community needs of The Town of White Castle.
The philosophy of the Bank since it began has been to approve every loan that would benefit the individual, the community, and the bank. This statement is the embodiment of this philosophy and a reaffirmation of our goal to continue to do so.
The American Bank & Trust Company opened in Opelousas, Louisiana on September 22, 1958. The Bank was founded by Frank J. Diesi, who was determined to implement his vision of what banking should be. That vision became a tradition that is still alive and flourishing today at American Bank & Trust Company.
St. Landry Homestead Federal Savings Bank is a community bank that’s proud to offer good, ol’ fashioned service combined with the technology tools you expect from a cutting-edge financial partner. At The Homestead, we are focused on fueling business and improving lives across our region.
As a Florida-based bank, we are firmly rooted in our local communities. We believe a locally owned and managed bank better serves your needs, with decisions made locally by an experienced team of bankers and a board of directors steeped in Florida’s entrepreneurial spirit. We are committed to knowing you personally, understanding your needs and goa
2755 Border Lake Road, Suite 105, Apopka, FL, 32703
We offer a variety of services that will fit your companies need. To start any business you must have capital through our capital lending partners we can get you the funds you need to start your business, maintain your business, & even meet short term goals of payroll and more. You can get a quote or estimate easily by filling out the forms online
351 S State Road 434, Suite 1009, Altamonte Springs, FL, 32714
Our mission statement is to empower members to achieve their financial goals. AdventHealth Credit Union is committed in its support to the mission of its sponsor, by providing employees/members with quality service. Our vision statement is to be a member friendly financial institution, adapting to our members needs.
2450 N SR 434, Suite 2019, Altamonte Springs, FL, 32714
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.
237 S. Westmonte Dr,Suite 315, Rockledge, FL, 32714
At Infinity Mortgage Group, Inc, where we specialize in residential mortgages. At Infinity Mortgage Group, Inc, we will find a loan that fits each borrower. Unlike big banks that have "order takers" helping you with your loan, we have highly skilled loan consultants. Our consultants know what it takes to get through underwriting quickly.
