USDA Vs. FHA Pro and Con comparison in Hamtramck, Wayne County, MI
For 2026, the USDA loan limit in Hamtramck, within Wayne county, MI, is $336,500. In contrast, the FHA limit for a single-family residence is $472,030.
Utilize the Lendersa® USDA loan calculator to compare today's USDA versus FHA best rates, assessing the needed income, credit score, reserves, and documents for eligibility. With our advanced mortgage calculator, you can view USDA, FHA, Conforming, and VA loans side by side, aiding your decision on the most suitable program in for your financial needs.
2026 Loan Limits and Downpayment Requirements in Hamtramck, County of Wayne, MI
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conforming Conventional
$726,200
3%
Options for USDA and FHA Loans in Hamtramck, MI
The goal of Lendersa® is to quickly connect you with the best USDA or FHA loans without hassle. Choose one of three pathways that match you to lenders and USDA loan programs.
The USDA home loan is a government-backed program from the Department of Agriculture, often called the USDA rural development loan or mortgage, designed for rural areas. Unlike FHA loans, requiring at least a 3.5% down payment, USDA mortgages require no down payment.
4900 West Expressway 83, Suite 208, McAllen, TX, 78501
Pacific Capital Mortgage, Inc., offers a comprehensive suite of Fix&Flip, Rental, and Multifamily products. Our leverage, competitive rates, transparency, and top-notch customer service sets us apart from the pack. We are here to help you fund and succeed in your Real Estate Investment Business.
Harrison Lending Group, we provide custom-tailored lending programs to fit the needs of each borrower and property type. Our many years of experience helps us match your financial profile and property type to the lender's requirements and willingness to fund a particular commercial mortgage loan.
Structure Finance is a direct mortgage Broker committed on helping our customers envision what home should feel like. Here we are to serve you with any mortgage loan need you have.Our team is committed to help you better understand the maze of mortgage finance. We take the time to listen to your mortgage needs and find the right loan that suits you
Prospera Business Network is the leading non-profit organization advancing and supporting community-centered economic development in southwest Montana. Our focus is helping people start and grow their business – in turn strengthening our region’s economy and communities. Prospera services are client-focused offering entrepreneurs
Superior customer service, competitive products and local Bozeman loan decisions. These are just a few of the things that make us your premier local Bozeman, Montana bank. We’ve modeled our business on the community we treasure, bringing top talent and extensive experience to a small-but-powerful new kind of bank.
"We are a local lender backed by the experience and expertise of GoPrime Mortgage, Inc. based in North Carolina. With decades of combined experience our processors, underwriters and Loan Officers can offer unsurpassed service in one of the biggest transactions of your life.
We offer Conventional, FHA, VA, USDA Rural Development and Jumbo loans"
1st Liberty Federal Credit Union was founded by Robert "Scotty" Scott and the co-founders: William Dawson, Joel Taylor, Morgan Moyer, Billie Brankovich, Ehud Markel, Kenneth Platt, and M.B. Holt. In June 1955 your credit union was chartered as Great Falls Air Force Base Federal Credit Union.
The Bank of Star Valley is the premier banking institution in the Star Valley, Wyoming area. It is a true home-town bank with neighbors providing excellent financial products and quality banking services for their neighbors and alsoThe Bank of Star Valley proudly carries a 5-star rating from Bauer Financial, Inc.
In 1956 P-SJ-A Federal Credit Union was formed to provide a savings and loan program to employees of the Pharr-San Juan-Alamo Independent School District. In 1994 we changed our name to NAFT (Neighbors and Families Together) Federal Credit Union and opened our field of membership to better serve low-income designated areas.
