USDA Vs. FHA Pro and Con comparison in Houghton-Lake, Roscommon County, MI
In 2026, the USDA loan limit for Houghton-Lake, in the county of Roscommon, MI, is $285,000. The FHA limit for a single-family home is $356,362.
Utilize Lendersa®'s USDA loan calculator to compare today's top USDA and FHA rates. Identify the income, credit, reserves, and documents required for qualification. Our advanced mortgage calculator lets you view USDA, FHA, Conforming, and VA options side by side, guiding you in selecting the best program for your financial circumstances in .
Loan Limits and Down Payment Requirements for 2026 in Houghton-Lake, County of Roscommon, 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 Houghton-Lake, MI
The goal of Lendersa® is to quickly secure the best possible USDA or FHA loan for you, without hassle. Begin by selecting one of three pathways leading to matching lenders and USDA loan programs.
USDA home loans, insured by the Department of Agriculture, are referred to as USDA rural development loans or mortgages, and are available only in rural areas. In contrast to FHA loans that require at least a 3.5% down payment, USDA loans require no down payment.
NCACU is dedicated to establishing trusting relationships with our members, and going the extra mile to help you reach your financial goals. Credit unions are democratically owned and controlled institutions based on People Helping People principles. Credit unions have no outside stockholders
Our mission is to provide our members with quality financial services, giving special attention to their individual needs. Forest Area Federal Credit Union was organized on September 19, 1983. The original office of the credit union was located at Larr’s Sporting Goods in Fife Lake, MI, until such time that an alternate location could be found.
When you open your account with MFCU, you become a member & owner of the credit union.At MFCU, we believe in you.Our promise is to be trustworthy, caring & enthusiastic to help you succeed. It comes naturally to us to listen carefully & build relationships in order to not only find solutions,but also minimize financial stress and maximize happiness
2400 South Isabella Road, Mount Pleasant, MI, 48858
Lends in Michigan
Isabella Community Credit Union (ICCU) is a not-for-profit financial cooperative providing quality financial products and personal service to its members in the Central Michigan area. Those who live or work in Isabella, Osceola, Clare, Gladwin, Midland, Gratiot, Montcalm and Mecosta counties are eligible to join!
Wexford Community Credit Union is a full-service, not-for-profit financial institution. We offer our members attractive rates and terms on all types of services. The employees of Wexford Community Credit Union pride themselves on the personal service they provide to you, our member.
Genisys Mortgage Professionals was formed to provide maximum financing choices to our community. Specifically, we designed Genisys to provide specialized service to the primary residence market and especially to first-time home buyers. In 2010, Genisys became part of J. Virgil, Inc., a full service mortgage lender.
Dow Chemical Employees’ Credit Union was the 182nd credit union organized in the State of Michigan.
In 1937, the country was still in the throes of a severe economic depression that underscored the need for a workable financial plan to enable Dow employees to save for emergencies and obtain convenient, low-cost credit.
Welcome to United Financial Credit Union, established in 1964, your full-service, not-for-profit financial cooperative. We are owned and operated by members – so we comprise a family-like organization. Credit Union, established in 1964, your full-service, not-for-profit financial cooperative.
The history of Alden State Bank began in 1906 when the Farmers & Merchants Bank was organized as a privately held unincorporated bank. The bank was located in the East half of Higgins Store in downtown Alden. In 1924 the bank moved down the street to a building on Torch Lake near the boat launch.
