USDA VS FHA in Grosse-Pointe-Woods, Wayne County, MI
In 2025, the USDA loan upper limit for a single-family home in Grosse-Pointe-Woods, part of Wayne county, MI, is set at $285,000. In contrast, the FHA loan limit for similar properties is $356,362.
Lendersa® offers a USDA loan calculator to allow potential borrowers to weigh today's USDA against FHA rates to determine the most competitive offers. This tool helps you assess the necessary qualifications such as income, credit, reserve requirements, and documentation to successfully apply. Through our sophisticated mortgage comparison tool, you can view USDA, FHA, Conforming, and VA loan details all side-by-side, simplifying the decision-making process regarding which loan program in fits your financial scenario best.
2025 Mortgage Limits and Downpayment Details in Grosse-Pointe-Woods, Wayne, MI
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Exploring Options for USDA and FHA Loans in Grosse-Pointe-Woods, MI
The primary goal of Lendersa® is to secure you the best possible USDA or FHA loan with speed and minimal fuss. You have the option to select from one of three starting pathways, each aimed at linking you with the ideal lenders and USDA loan programs.
A USDA home loan, also referred to as a USDA rural development loan or simply a USDA mortgage, is a government-backed loan provided by the Department of Agriculture. It is designed to be available only in rural areas. Unlike FHA loans, which necessitate a minimum down payment of 3.5%, the USDA loan does not require any down payment, offering a significant advantage to eligible borrowers in rural communities.
Taylor, established in 1876, is a town of nearly 16, 250 located in the heart of Texas about 35 miles northeast of Austin, the state capital. The I&GN train tracks laid down through Williamson County quickly brought commerce and development to the newly settled town. City National Bank opened its doors in 1900
Santa Fe Federal Credit Union is a full-service credit union that is designed to meet all of your financial needs. Our roots are serving the BNSF railroad, but we have now made it possible for YOU to be a member too. From (really) free checking accounts to high interest rates on savings accounts and low interest on loans.
4501 First United Bank Parkway, Amarillo, TX, 79119
Roots run deep in West Texas for First United Bank. In fact, all our roots are right here. Since beginning in 1907 as The First State Bank of Dimmitt to First United Bank today, our business model has always been focused on West Texas communities, the people who live and work here and their distinct financial needs.
Pamela Madore has had more than 30 years experience in the Real Estate and Mortgage Industry. Pamela Madore is a Keller Williams Global Property Specialist and is able to market your property throughout the world. She has lived in Maine, Florida and now Texas and has experience is the sales of recreational property, multi-family properties.
3350 SW 148th Ave, Suite 110, Hollywood, FL, 33027
Home Loan Brokers LLC is a Florida limited liability company based in Miramar. If your lender sends you a revised Loan Estimate, please compare it to the previous one you received. Can you tell what changed? If not, call your Loan Officer right away or contact us if we can help..
15800 Pines Blvd, Suite 329, Pembroke Pines, FL, 33027
A Plus Mortgage Full service mortgage company based in Pembroke Pines, Florida. We specialize in first time home buyers and FHA 203k mortgage loans. We can help save money with a new lower monthly payment or help you realize your dream of home ownership! FHA 203k mortgage loans. We can help save
3350 SW 148th Avenue, Suite 110, Miramar, FL, 33027
ARIA Mortgage Solutions. We are a full-service mortgage company based in Miramar, FL. We specialize in Various residential loans. Whether you are buying a home or refinancing we can help you realize your dream of homeownership or save you money when getting your new lower monthly payment.
Our mission is to set a high standard in the mortgage industry. We are committed to quality customer service – putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options that are available today.
"A hard equity loan is an asset-based loan financing through which a borrower receives funds secured by real property. Hard money loans are issued by private investors or companies.
As a hard equity lender, we understand better your business needs, and are able to provide more flexible solutions for your specific circumstances"
