USDA and FHA Pro and Con in Imlay-City, Lapeer County, MI
In 2025, the USDA loan limit in Imlay-City, situated in the county of Lapeer, MI, stands at $285,000, while the FHA limit for a single-family home is $356,362.
Make use of Lendersa®'s USDA loan calculator to assess today's best USDA versus FHA rates. Determine the income, credit score, reserves, and documentation required for eligibility. With our advanced mortgage calculator, you can compare USDA, FHA, Conforming, and VA loans side by side. This helps you figure out which program in fits your specific financial requirements best.
Loan Limits and Down Payment Requirements for 2025 in Imlay-City, County of Lapeer, MI
Type of Loan
Loan Limit
Down Payment Required
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Options for USDA and FHA Loans in Imlay-City, MI
The aim of Lendersa® is to facilitate the fastest and most straightforward way to get the best USDA or FHA loan. You can begin with one of three distinct paths that result in access to matching lenders and USDA loan programs.
USDA home loans, backed by the Department of Agriculture, are also known as USDA rural development loans or USDA mortgages. These are available only in rural areas. While FHA loans require a minimum down payment of 3.5%, USDA loans do not require any down payment.
"Greatland Mortgage Corp.’s mission is to provide you with high quality mortgage and real estate programs that are tailored to fit your unique situation at some of the most competitive rates in the nation.
After receiving your information, Greatland Mortgage Corp. will be able to get a complete look at your financial situation to determine"
ZINC Financial, Inc. is a leading investment rehab lender. We specialize in private money rehab loans, and we help investors leverage their capital to acquire and rehab properties for investment purposes. We understand that our investors can’t wait for conventional financing and must close their rehab loans quickly.
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.
2360 Huntington Drive, Suite 308, San Marino, CA, 91108
"Valhalla Home Loans are an online mortgage lender. We are not lead generators for other lenders.
We use real-time mortgage quotes, up-front access to closing cost details, online applications, electronic document processing and e-signatures to make the mortgage process fast, easy and transparent"
1613 Chelsea Road, Suite 325, San Marino, CA, 91108
"iEccentric Realty and Mortgage offers a wide variety of loan programs ranging from the government VA & FHA loans to the conventional fixed program, ARM program, and Jumbo loans. The primary loan programs which we promote are the following:
10, 15, 20, and 30 Year Fixed Programs (We also exclusively offer 8,12, 22, and 27 Fixed Programs)"
2920 Huntington Drive, Suite 100, San Marino, CA, 91108
Emory Financial is a mortgage brokerage business that will take you through every step of the mortgage process. We take the time to understand your needs and goals before selecting the best program for you at the best available rate. Whether you're buying a new home, refinancing, consolidating debt
Mega Bank is a Chinese American community bank opening for business in February 2008. Our board of directors is composed of experienced bankers who have had successful careers with community banks in the San Gabriel Valley. Five of our board members are former bank directors and three of them served as bank presidents and chief executive officers.
Founded in 2006 by a group of business entrepreneurs & professionals in Los Angeles & Orange Counties,Pacific Alliance Bank is a California state-chartered bank serving communities in Southern CA.We are a full-service bank focused on building relationships by delivering personal, commercial & lending products & services that best serve our clients.
Asian Pacific National Bank (APNB) was established in August 1990 to offer personalized banking services to the business community in the San Gabriel Valley and Los Angeles Region. Based in Southern California, APNB has a deep understanding of the needs of the community as well as the financial resources to support its steady continuing growth.
