USDA Vs. FHA your options comparison in Grosse-Pointe, Wayne County, MI
In 2026, 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.
2026 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.
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.
15001 Kercheval Ave, Suite 171, Grosse Pointe Park, MI, 48230
Lends in Michigan
Elevation One Group: Empowering Entrepreneurs to Build Legacy! With over 45 years of experience, we specialize in innovative financial solutions, providing capital and strategic growth for entrepreneurs underserved by traditional banks. Our mission is to elevate communities by nurturing legacy-driven leaders, offering startup funding, real estate c
A 100% female owned and operated mortgage broker serving the state of Michigan. A vast selection of mortgage refinance and purchase products combined with industry leading experience, technology, communication, speed, and service set apart Iris Mortgage from other competitors. Low overhead and small
Citizens Home Loan Specialize in purchase and refinance transactions in Michigan and Colorado. Loan Types: Jumbo, Conventional, FHA, VA and USDA (rural development) NMLS 142908 Jay Wojciechowski 14 years of experience in Residential Mortgage Lending for purchase and refinance transactions. Conventional, FHA, VA, USDA & Jumbo
81 Kercheval Avenue, Suite 204, Grosse Pointe, MI, 48236
Lends in Michigan
Hill Mortgage is based in Grosse Pointe Farms, Michigan. Founded by Jason Kaleta, Brendan Fossee & Dane Fossee. We are one of Michigan’s fastest growing mortgage brokerages. Our number one priority is customer service and creating meaningful and lasting relationships with our clients
First State Bank is a Michigan Based Community Bank serving southeastern Michigan and is a full-service bank with 11 branches, Loan Centers in Clinton Township and Farmington Hills and headquarters in St. Clair Shores. First State Bank offers consumer and business checking and savings accounts, mortgages, home equity loans, credit cards.
400 Renaissance Center, Suite:2600, Detroit, MI, 48243
Lends in Michigan
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.
Global Generation Group launched in September 2008 by John Syron, founder of what grew to be one of the largest privately held Automotive OEM manufacturing companies world wide, to provide solutions that integrate technology enhanced performance, risk reduction and unique capital solutions to help American Businesses.
At Electrical Workers Credit Union, it's business as usual, even in this unusual environment. We've always believed in conservative, careful business practices. After all, we know that it isn't just our money that's at stake, it's yours. As always, your deposits are insured by the National Credit Union Association (NCUA).
In 1935, we were formed as the Detroit Newspaper Industrial Credit Union, to serve people who worked in the newspaper industry. In the 1970s, we changed our name to be more inclusive of industries such as radio, television, printing, and publishing. We chose Communicating Arts Credit Union, the name most of us associate with our credit union.
