USDA Vs. FHA Pro and Con comparison in Lake-Fenton, Genesee County, MI
In 2026, the USDA loan limit for Lake-Fenton in the county of Genesee, MI, amounts to $285,000. Meanwhile, the FHA loan limit for a single-family home is $356,362.
Use the Lendersa® USDA loan calculator to compare today’s optimal USDA and FHA rates. Determine the income, credit, reserves, and documents necessary to qualify. With our advanced mortgage calculator, you can see USDA, FHA, Conforming, and VA options side by side, assisting you in deciding which program in best matches your financial situation.
2026 Loan Limits and Downpayment Requirements in Lake-Fenton, County of Genesee, 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 Lake-Fenton, MI
The focus of Lendersa® is to rapidly secure the most suitable USDA or FHA loan with minimal hassle. Choose one of three starting points that result in matching lenders and appropriate USDA loan programs.
A USDA home loan is backed by the government through the Department of Agriculture, also referred to as the USDA rural development loan or USDA mortgage. It is available specifically in rural areas. Unlike FHA loans that necessitate a minimum 3.5% down payment, USDA mortgage loans are distinctive in requiring no down payment.
Astera Credit Union is based in Lansing, Michigan. It serves over 15, 000 members with four branches in Lansing, DeWitt, & Ionia. It supports nearly 150 employer groups by providing direct deposit & other financial tools for their employees.
Astera was founded in 1949 by employees at Lansing's Fisher Body Plant to provide honest & affordable l
Chartered in July 1948, Auto-Owners Associates Credit Union was originally formed by a group of Auto-Owners Associates. The purpose was to have a place, controlled by its members, to save and borrow money at reasonable rates.
Auto-Owners Associates Credit Union provides you with more than just a savings account.
Farm Bureau Family Credit Union was chartered in December 1933 as a member-owned financial institution to serve the employees of the Michigan Farm Bureau Family of Companies, their family members, and Farm Bureau members statewide.
Our field of membership includes:
Michigan Farm Bureau members
Farm Bureau Insurance of Michigan customers
Our mission at US Capital Mortgage Partners is to provide personal, caring mortgage solutions for every potential homeowner that gives us the opportunity. We are committed to build meaningful relationships with our customers through finding the best products with a competitive rate and excellent customer service.
Glacier Financial was established in 2001, & has quickly earned the respect of the entire community by becoming the area’s leading mortgage provider throughout central Mi. By offering our customers top notch service along with the area’s lowest interest rates, Glacier Financial has been recognized as the #1 residential mortgage company in Mid Mi.
Journey Federal Credit Union was formed as a result of the merger between two local employee credit unions in 1972. Formerly Clinton County Federal Credit Union, we now serve the residents and employees of Clinton, Gratiot & Shiawassee Counties. Relatives of current members (whether related by blood or marriage) may also join Journey Federal Credit
Wanigas Credit Union is a member-owned financial cooperative dedicated to providing a full range of quality financial products and services that meet the ever-changing needs of our membership. Services like mobile banking that include mobile loan applications, mobile check deposit, mobile bill pay and more.
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to ensure each borrower becomes educated on the mortgage process and never feels left in the dark. Midtown Home Mortgage researches the best products on the market to provide our client’s the best deal possible
