USDA Vs. FHA your options comparison in Grosse-Pointe, Wayne County, MI

In 2025, the USDA loan limit in Grosse-Pointe, situated in the county of Wayne, MI, is set at $285,000. Conversely, the FHA loan limit for a single-family home is $356,362.

Explore the Lendersa® USDA loan calculator to compare today's most competitive rates between USDA and FHA, and find out the income, credit, reserves, and documentation needed to qualify. Our sophisticated mortgage calculator presents USDA, FHA, Conforming, and VA options side by side, aiding your decision-making in selecting the best program for your particular financial needs in Alabama.

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2025 Loan Limits and Downpayment Requirements in Grosse-Pointe, County of Wayne, MI

Loan Type Loan Limit Down Payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

Discovering USDA and FHA Loan Choices in Grosse-Pointe, MI

The mission of Lendersa® is to quickly facilitate the acquisition of the best possible USDA or FHA loan, seamlessly. Choose from three initial paths that connect you with suitable lenders and USDA loan programs.

Lendersa USDA loan request and matching results

What is a USDA Loan in MI?

A USDA home loan, also referred to as a USDA rural development loan or USDA mortgage, is a loan guaranteed by the U.S. Department of Agriculture and is available only in rural areas. Unlike FHA loans, which require at least a 3.5% down payment, USDA loans do not impose any down payment requirement.

Enter your location to find out if it qualifies for USDA rural housing loan?



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