USDA and FHA Pro and Con in Garden-City, Wayne County, MI
As of 2026, the USDA loan limit in Garden-City, Wayne, MI is set at $285,000, while the limit for an FHA loan for a single-family home is $356,362.
Use the Lendersa® USDA loan calculator to evaluate today's best USDA and FHA rates and identify the necessary income, credit, reserves, and documents required for qualification. With our advanced mortgage calculator, you can compare USDA, FHA, Conforming, and VA options side by side to decide which program in fits your financial situation.
Overview of 2026 Loan Limits and Downpayment Requirements in Garden-City, Wayne, MI
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Options in Garden-City, MI
The mission of Lendersa® is to quickly secure the best USDA or FHA loan without hassle. Select one of three starting points that connect you with matching lenders and the USDA loan programs.
A USDA home loan, guaranteed by the government via the Department of Agriculture, is also known as a USDA rural development loan or USDA mortgage and is exclusive to rural neighborhoods. Unlike FHA loans that require a minimum of 3.5% down payment, USDA loans need no down payment at all.
The Halstead Bank is headquartered in Halstead and is the 104th largest bank in the state of Kansas. It is also the 3,357th largest bank in the nation. It was established in 1882 and as of March of 2022, it had grown to 27 employees at 5 locations. The Halstead Bank has an A health rating.
A St. Joseph Hospital employee, microbiologist Dennis Carr, first introduced the credit union idea, and St. Joseph Hospital Employees’ Credit Union was chartered in 1963. The name was changed to Medical Community Credit Union in 1998 and to Wheat State Credit Union in 2015 to better reflect the expanded field of membership we now serve.
Banking, finance and understanding the role of money in our lives is critical to helping people succeed. At First Oklahoma Bank, we are grateful for the opportunity to help people fulfill dreams of building and expanding businesses, buying homes, and building their personal wealth.
Gateway was founded in 2000 by J. Kevin Stitt, who didn’t have much more to start with than $1,000, a computer, and lofty dreams about what a mortgage company could be. Kevin began his career in the mortgage industry, and his vision to help families and communities grow stronger through home ownership.
First National Bank and Trust is located in Atmore, AL, United States and is part of the Depository Credit Intermediation Industry. First National Bank and Trust has 119 total employees across all of its locations and generates $10.46 million in sales (USD). There are 6 companies in the First National Bank and Trust corporate family.
Founded in 1904, United Bank serves the needs of consumers, small businesses, agriculture and commercial customers. As a community bank, United Bank makes a difference because . . .
By shopping local and banking locally with United Bank, customers can make a real difference in the lives of their neighbors and the future of their community.
Freedom 1st FCU is a profit-sharing cooperative financial institution, dedicated to quality service in meeting the financial needs of its members. The safety and stability of its members' assets shall be the prime consideration in the development and delivery of a variety of competitive services.
STATEMENT OF VALUES We believe that, helping people is more important than profit. We are qualified, capable & able to provide for the financial needs of our membership. Our membership is family. Our membership is honest and worthy of our trust. Our membership deserves the very best financial service we can provide. Our staff is our greatest asset.
At First National Bank, we strive to provide our customers with the friendliest and most efficient banking services possible. We are confident we will be able to serve you and meet your banking needs. We offer convenience at your fingertips with our state-of-the-art mobile banking app and other 24-hour online services.
