USDA Vs. FHA your options comparison in Grosse-Pointe-Farms, Wayne County, MI
In 2025, the USDA loan cap for Grosse-Pointe-Farms, located in Wayne county, MI, is $285,000. Meanwhile, the FHA limit for a single-family residence is set at $356,362.
At Lendersa®, use our USDA loan calculator to easily compare the latest USDA and FHA rates. Determine the necessary income, credit score, reserves, and documents to qualify. With our state-of-the-art mortgage calculator, you can evaluate USDA, FHA, Conforming, and VA options side-by-side, assisting you in choosing the best program for your financial needs in .
Explore 2025 loan limits and downpayment details in Grosse-Pointe-Farms, Wayne county, MI
Loan Type
Loan Cap
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Understanding USDA and FHA loan choices in Grosse-Pointe-Farms, MI
Lendersa® aims to help you secure the most advantageous USDA or FHA loan swiftly and smoothly. Choose from three methods that match you with lenders and USDA loan offers.
A USDA home loan, also called a USDA mortgage or USDA rural development loan, is government-guaranteed via the Department of Agriculture and exclusive to rural zones. In contrast to FHA loans which require at least a 3.5% down payment, USDA loans require none.
Frandsen Bank & Trust is a full-service community Bank with offices in Minnesota, North Dakota, and Wisconsin. Our complete selection of Banking products and services is delivered with superior customer service. We proudly offer business and personal Banking solutions along with wealth management trust* services.
Reliance State Bank is a local, full-service bank proudly serving Story City, Garner and the surrounding communities. We offer all the traditional banking products and services you need, along with the latest on-the-go banking options you want. Our commitment is to deliver the highest quality service to each and every customer.
77 Broadway Street Northeast, Minneapolis, MN, 55413
Northeast Bank is a locally-owned community bank with offices in Northeast Minneapolis, New Brighton and Coon Rapids, MN focused on serving small to medium businesses. At Northeast Bank, we partner to meet community needs. Local businesses are important to us and our community – that is why we go to great lengths to help them grow.
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.
1650 West 82nd Street, Suite 1500, Bloomington, MN, 55431
At United Banker's Bank, “First for Your Success” is more than just our tagline; it's a promise and a guiding principle that establishes the success of each and every customer as our number one priority. UBB pioneered the bankers' bank model and for more than 45 years we have placed the needs and success of our community bank customers
Star Choice is a not for profit financial institution owned and operated entirely by our members. Star Choice Credit Union has been happily serving members since 1931. We are dedicated to making sure you love what we do and keep coming back. We still carry out the tradition of people-helping-people by building strong financial futures.
3500 American Blvd West, Suite 500, Minneapolis, MN, 55431
We offer clients the ideal combination of a strong national company capable of attracting a wide range of capital sources, a personalized approach to buying and selling multifamily properties, exceptional knowledge of local markets, and a robust loan servicing operation to manage the life of your loan.
8120 Penn Ave S, Suite 100P, Bloomington, MN, 55431
Flashpoint Mortgage Corp. We are a full-service mortgage company based in Bloomington, Minnesota. We specialize in home loans in Bloomington. We also serve the surrounding cities in Hennepin County. Whether you are buying a home or refinancing and we can help you realize your dream of homeownership or save you money.
