USDA Vs. FHA Pro and Con comparison in Highland-Park, Wayne County, MI

In 2025, the USDA loan limit for Highland-Park in Wayne county, MI, is $285,000. Meanwhile, the FHA limit for a single-family home is $356,362.

Use the Lendersa® USDA loan calculator to evaluate today's top USDA vs. FHA rates, helping you determine the necessary income, credit, reserves, and documents required to qualify. Our advanced mortgage calculator allows side-by-side comparisons of USDA, FHA, Conforming, and VA options, aiding in selecting the best program for your financial needs in .

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2025 Loan Limits and Down Payment Requirements in Highland-Park, 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 Choices in Highland-Park, MI

Lendersa® aims to quickly connect you with the best USDA or FHA loan without any hassle. Select one of the three options that link you with matching lenders and USDA programs.

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What is a USDA Loan in MI?

A USDA home loan, also called a USDA rural development loan or mortgage, is endorsed by the Department of Agriculture and available only in rural locations. Unlike FHA loans needing a minimum 3.5% down payment, USDA loans require no down payment, offering a significant benefit to eligible individuals.

Enter your location to find out if it qualifies for USDA rural housing loan?



  • Lowen Enterprise LLC
  • 115a South Main, Grain Valley, MO, 64029
  • WPL Mortgage Solutions is more than a mortgage broker, we’re your financial partner. We seek out long-term relationships with our vendors, suppliers, employees and most of all, with our clients. As a mortgage broker, we take time to get to know customers and find real solutions so they can live out their dreams.
  • Crawford County Bank
  • 21 North Main, Denison, IA, 51442
  • The Crawford County Trust and Savings Bank began in 1927, and we haven't changed our name since. At Crawford County Trust and Savings Bank you are a face and a name, not a number or a quota. As we work diligently to provide you with personal service, we recognize that our success depends on your success
  • Connected Investors
  • 1844 Sir Tyler Drive, Wilmington, NC, 28401
  • Connected Investors is the real estate investors marketplace and community. Inside you can connect with a network of real estate entrepreneurs in your town and all across the nation. The Connected Investors platform is designed to help you connect-the-dots to financial freedom through investing in real estate -
  • Clay County Savings Bank
  • 1178 West Kansas Street, Liberty, MO, 64068
  • Formed in 1922 to serve the home financing needs of the public, our focus is now on serving the expanded personal and small business banking and credit needs within the communities where we are now located. We have a commitment to personal attention and exceptional service as we strive to be the neighborhood bank.
  • Mulberry Street Mortgage
  • 19 North Water Street, Liberty, MO, 64068
  • Mulberry Street Mortgage, a dedicated professional will thoroughly evaluate your financial needs to help you qualify for a low rate mortgage that works within your budget. Our goal is to get you the most favorable rate possible while working to answer your questions, and make the application process a simple and smooth transition
  • Midwest Capital Mortgage, Inc.
  • 1201 Landmark Ave, Suite 3, Liberty, MO, 64068
  • At Midwest Capital Mortgage, Inc. We are a full-service mortgage company based in Liberty, Missouri. We specialize in mortgages in Liberty, Kansas City, Overland Park, and Lenexa. We also serve the surrounding cities in Clay County, Platte County, Johnson County, and Jackson County.
  • FAA Federal Credit Union
  • 3920 Whitebrook Drive, Memphis, TN, 38118
  • FAA Federal Credit Union is a not-for-profit, financial cooperative that exists to serve the employees within our various approved service employee groups. Our original charter was established on July 21, 1954, as the Department of Commerce Memphis Employees Federal Credit Union.
  • Eastern Mortgage Company, Inc.
  • 7601 Emerald Drive, Emerald Isle, NC, 28594
  • Eastern Mortgage Company Inc., has put over 150 years of mortgage experience to work for their clients. We take a great deal of pride in providing innovative and competitive mortgage products. Here at Eastern Mortgage we use a blend of old fashioned honest work ethic and modern technology with state of the art automated underwriting
  • Partners Bank
  • 900 Main St, Sanford, ME, 04073
  • Partners Bank, formerly SIS Bank, was founded in 1933 and is headquartered in Sanford, Maine, with additional branch locations in Springvale, South Sanford, Limerick, Buxton, Waterboro, Wells and York, Maine, as well as Portsmouth and Rye, New Hampshire. Partners Bank, formerly SIS Bank, completed a rebrand in July 2019
  • Home Loan Pros, Inc
  • 2011 Commerce Drive N F, Suite 113, Peachtree City, GA, 30269
  • Lead by our president Les Pruitt, we have assisted hundreds of individuals and families get the home of their dreams without putting them in tough spot financially.When you work with one of trusted loan officers you will always have the ability to customize your loan to fit your mortgage needs.