USDA Vs. FHA Pro and Con comparison in Iron-River, Iron County, MI
As of 2025, the USDA loan ceiling in Iron-River, located in the county of Iron, MI, is $285,000, while the FHA loan limit for a single-family house is $356,362.
Employ the Lendersa® USDA loan calculator to contrast today's leading USDA versus FHA rates. You can assess the required income, credit, reserves, along with the documents you need to qualify. Our advanced mortgage calculator compares USDA, FHA, Conforming, and VA options side by side, aiding in choosing the optimal program for your financial scenario in .
Loan Limits and Downpayment Requirements in Iron-River, Iron, MI for 2025
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 Iron-River, MI
Lendersa® strives to fetch you the best USDA or FHA loan swiftly and with ease. Opt from three starting pathways leading to compatible lenders and USDA loan programs.
A USDA home loan is backed by the government through the Department of Agriculture, frequently called the USDA rural development loan or USDA mortgage, and is offered solely in rural areas. In contrast to FHA loans, which mandate at least a 3.5% down payment, USDA loans require zero down payment.
14730 Beach Boulevard, Suite 200, La Mirada, CA, 90638
Southern California, we are a full service Real Estate & Mortgage Broker. We pride ourselves on exceeding our customer's expectations in finding the best home, rates, service, and options for home buyers-sellers.Whether you want a fixer upper, lowest rate possible for a purchase-refinance, a large amount of guidance, or a more
15707 East Imperial Highway, Suite A, La Mirada, CA, 90638
We can help you with most of today’s most popular mortgage products such as
FHA Loans for Purchase
FHA streamline Refi
Conventional Purchases with 5% down or more
LPMI (Lender Paid MI) conventional purchase or Refi
VA Loans
Reverse Mortgage (Senior home-owners 62 and over)
Fannie Mae HARP Refi
14241 Firestone Blvd, Suite 110, La Mirada, CA, 90638
Avenue Mortgage is a full service mortgage brokerage with offices in California and Oregon. In business since 1999, Avenue Mortgage has helped thousands of families achieve the dream of home ownership. With over $1 billion in funding's, Avenue Mortgage has loan programs available for borrower's with a variety of credit backgrounds.
Prestamo Mortgage Corp is fully licensed for FHA, FANNIE MAE, FREDDIE MAC AND PRIVATE/HARD MONEY mortgages. Prestamo Mortgage Corp offers: Prime, Alt-A, Non-QM and Asset based mortgage options. The company’s founders have overs 20 years of combined experience in the Mortgage and Real Estate industries.
Camino Federal Credit Union has been caring for the financial needs of our community. Originally named Montebello Schools Federal Credit Union, our history began with service to employees of the Montebello Unified School District. Today, we are proud to serve members from every industry, background, and age group.
3327 West Beverly Boulevard, Montebello, CA, 90640
HL Home Loans offers multiple programs to help home buyers obtain the financing they need. Specializing in FHA loans and VA loans, we are sure to find you the best California mortgage rate available for your specific situation. We offer low to no down payment options and flexible repayment terms such as fixed rate mortgages
We have built a strong reputation as an outstanding mortgage brokerage firm, serving the lending needs of real estate professionals, builders and individual homebuyers throughout the state.
We're a full service mortgage broker with an experienced staff offering expertise in every area of mortgage lending
Our main office rests centrally located in the community where we not only serve the university, but also important affiliates like Grifols, Goodwill, and municipal employees. For convenience, we have an office on campus to serve the growing student population. While we grow as a credit union, our mission has always been to provide economic growth
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.
