USDA VS FHA in Grosse-Pointe-Woods, Wayne County, MI
In 2025, USDA loan limit in Grosse-Pointe-Woods, county of Wayne, MI is $285,000 while FHA limit is $356,362 for a single-family home.
Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.
2025 loan limits and downpayment requirments in Grosse-Pointe-Woods, county of Wayne, MI
Loan Type
Loan Limit
Down payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA loan options in Grosse-Pointe-Woods, MI
Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.
USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.
Enter your location to find out if it qualifies for USDA rural housing loan?
Animas Mountain Mortgage is a trusted local mortgage company. For 20+ years, the founder Peter Pritchard has been bringing people’s dream of homeownership to life while providing local, in-house processing and underwriting on every individual loan. Peter has closed thousands of loans throughout his career,
Southwest Federal Credit Union began as The Albuquerque Gas and Electric Company Employees Federal Credit in December 1935. Ten employees came together in the midst of the Great Depression to form their own financial cooperative. The new Credit Union would meet their financial needs and those of their fellow employees and their families.
Sandia Laboratory Federal Credit Union is one of the top-rated credit unions in the country, and was named as the Best-in-State Credit Union for New Mexico by Forbes in 2019 and 2020. We’re member-owned and not-for-profit, working for our members’ best interests. SLFCU is New Mexico’s largest credit union by asset size.
Veterans Loan Service Center DBA Global Funding LLC
3240 B Juan Tabo Northeast, Suite B-3, Albuquerque, NM, 87111
Global Funding are New Mexicans. Our professionals have gotten to know people from all over the state and have helped them get financing in every county, from San Juan to Lea and from Hidalgo to Union and also we specialize in VA Loans, USDA, FHA, and Conventional, we have lenders that can do unique loans
9500 Montgomery Blvd. NE, Suite 112, Albuquerque, NM, 87111
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.
Elite Financial Mortgage believes that every New Mexico consumer deserves to be considered as individuals, not as file numbers. Elite Financial Mortgage and its loan officers and processors are committed to being accessible, attentive and caring. Elite Financial Mortgage is dedicated to enabling New Mexico mortgage borrowers
Davis Mortgage LTD is committed to providing clients with the highest quality financial services combined with the lowest rates available anywhere. The outstanding mortgage professionals here will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs
6700 Jefferson St NE, Suite D-1, Albuquerque, NM, 87109
WE'RE LOCAL—We aren’t a huge national chain with one-size-fits-all banking options—we’re a local partner with BIG ideas and the latest technology to help our members solve problems and grow. We employ around 140 community members, and our employees range from bright, promising college students to seasoned financial geniuses
4811B Hardware Dr NE, Suite 1, Albuquerque, NM, 87109
New Mexico Mortgage Advisors has been providing the Albuquerque community with financing solutions that are unmatched in the Real Estate market. New Mexico Mortgage Advisors persevered through these hard times and remains a leader in the local New Mexican Real Esate market today.
