USDA VS FHA in Grosse-Pointe-Woods, Wayne County, MI
In 2026, 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.
2026 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.
Our mission is to be our members's 1st choice for high-quality financial products and services.
We take pride in our history of serving teachers and the educational industry and strive to make the lives of our members easier and more rewarding. We now serve all of Salt Lake county, providing friendly and convenient financial services.
1586 E Stratford Ave, Suite 3, Salt Lake City, UT, 84106
At LATITUDE LENDING, LLC, 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
The Credit Union’s mission is to improve the financial lives of all members while promoting an environment that, like the J.A.C.L.’s vision, “respects the values of fairness, equality and social justice. “ The J.A.C.L. was founded in 1929 and is the oldest and largest Asian American civil rights organization in the United States.
Matt Stout started Consumers Financial Mortgage in 1995 with the vision of helping homeowners save money. Since that time, he has worked to perfect the art of understanding mortgage customers and their financial goals. Using what he calls his “Mortgage Map”, Matt creates options based on his client’s financial goals to better guide.
1062 East 2100 South, Suite 217, Salt Lake City, UT, 84106
"Hi I'm Jason Deamer, founder of Salt City Home Loans located in the heart of Salt Lake City. I started in the home loan industry over 19 years ago in 2001, and I’ve worked with and learned from some of the best in our industry.
Mortgages are so much more than just a means to purchase a home."
American Wholesale Loans is your connection to the Wholesale Lending market which has the best terms for Residential and Commercial loans. By skipping the middle man and going directly to the funding source you will save time in getting your financing secured and money over the life of your loan
675 E 2100 S, Suite 110, Salt Lake City, UT, 84106
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America West Financial was founded by Lee M Yates in 2003. After being in the Mortgage Broker business."
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Secure Private Funding will help you receive cash back on your free and clear rental properties and assist you with your investment real estate purchases. We will not check your credit score or look at your monthly income for you to qualify for our loans. You will increase your working capital to better take advantage.
