USDA and FHA Pro and Con in Laurium, Houghton County, MI
In 2025, the USDA loan cap in Laurium, county of Houghton, MI is set at $336,500, whereas the FHA limit is $472,030 for a single-family dwelling.
Utilize the Lendersa® USDA loan calculator to evaluate current USDA versus FHA rates and determine the required income, credit score, reserves, and documentation necessary for qualification. With our sophisticated mortgage calculator, you can view USDA, FHA, Conforming, and VA loans side by side, assisting you in picking the right program in for your specific financial situation.
2025 Loan Limit and Downpayment Requirements in Laurium, county of Houghton, MI
Loan Type
Limit
Downpayment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Paths in Laurium, MI
The purpose of Lendersa® is to swiftly connect you with the most favorable USDA or FHA loan effortlessly. Start with one of three entry points to discover matching lenders and suitable USDA loan programs.
The USDA home loan, backed by the government's Department of Agriculture, often referred to as the USDA rural development loan or USDA mortgage, is accessible only in rural areas. Unlike FHA loans, which require at least a 3.5% down payment, USDA loans demand no down payment at all.
5039 Executive Drive, Suite 500B, Morehead City, NC, 28557
Robby is a Chapel Hill native, a graduate of the University of North Carolina. Robby joined Corporate Investors Mortgage Group in 2003 with a background in Financial Planning and Real Estate and hit the ground running winning the 2004 NC Association of Mortgage Professionals “Rookie of The Year” award.
Live Oak Bank has had the privilege of helping thousands of passionate, driven people turn their dreams into reality. These everyday heroes aren’t in it for the fortune or the fame. They’re in it to make a difference, just like we are. As one of the last banks to get a charter before the start of the Great Recession.
Alpha Mortgage Corporation has been serving our local communities since 1983, and our unwavering support continues to this day. With a team of experts by your side throughout the entire loan process, you can rest at ease knowing that you are getting the best most attentive service available.
1650 Military Cutoff Road, Suite 204, Wilmington, NC, 28403
The mortgage process can be confusing. Our mortgage experts help make the process easy to understand! With a single application and credit report, we can show you customized options from great lenders and make sure to find the right loan for you!
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"Alpha Mortgage Corporation is a full service mortgage banker with in-house processing, underwriting, closing and funding of your home.
Formed in 1983, Alpha Mortgage has attained its growth and success through the introduction of a continuing series of innovative programs and services that have become standards in the mortgage lending industr
215 Racine Drive, Suite 105, Wilmington, NC, 28403
Coastline Mortgage Consultants, LLC is one of Wilmington’s oldest mortgage companies. Founded in 2002, Coastline Mortgage Consultants, LLC is locally owned and operated by John Russ and Chad Ludwig. With over 40 years combined experience in the mortgage industry, John and Chad have successfully navigated multiple industry changes
3205 Randall Parkway, Suite 211, Wilmington, NC, 28403
National Home Finance is a Wilmington, NC based mortgage brokerage and mortgage lenders company. Our philosophy is simple: treat our customers as we wish to be treated. We take a consultative approach instead of pushing everyone into a cookie-cutter loan; we will find the type of mortgage loan that is best for you
At Atlantic Coast Financial Services we never charge an upfront Application Fee or Appraisal Fee. We are paid directly by our Approved Lender partners when your loan closes and only when your loan closes, so we have a direct interest in making sure everything is done right and efficiently.
1908 Eastwood Road, Suite 221, Wilmington, NC, 28403
MC Mortgage Group is the premier & choice residential mortgage company in North Carolina. We continually sharpen our focus on our customers by delivering on our commitment to provide the very best mortgage loan experience; by individualizing loans with the best rates, always closing on time & providing the best customer service in the business.
Alpha Mortgage Corporation is a full service mortgage banking firm, headquartered in Wilmington, NC. We offer the very best in interest rates, service and experience. Our products include 100% VA, 100% USDA, FHA & Conventional loans for first-time buyers and the most experienced of buyers.
Preferred Mortgage Financial is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straight forward by offering you the latest in financial
National Finance has been serving the Carolina’s for over 50 years, making hundreds of loans everyday. And now, with our on-line application, the cash you need is just a click away. Don’t hesitate, whether your credit is excellent or whether you have had past credit problems, all applications will be considered.
