USDA and FHA Pro and Con in Laurium, Houghton County, MI

In 2025, USDA loan limit in Laurium, county of Houghton, MI is $336,500 while FHA limit is $472,030 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

Compare loan offers from 100 lenders

2025 loan limits and downpayment requirments in Laurium, county of Houghton, MI

Loan Type Loan Limit Down payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA loan options in Laurium, MI

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

Lendersa USDA loan request and matching results

What is USDA Loan in Michigan?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

Enter your location to find out if it qualifies for USDA rural housing loan?



  • National One Financial Services, Inc.
  • 6355 Topanga Canyon Boulevard, Suite 250, Woodland Hills, CA, 91367
  • National One Loans, Inc. is a subsidiary of National One Financial Services Inc. a CA licensed mortgage company since 2013. National One Loans, Inc.’s focus is primarily on mortgage origination services. The company corporate office is located in the city of Woodland Hills, in the county of Los Angeles.
  • Pacific First Equity Services
  • 21031 Warner Center Ln, Suite B, Woodland Hills, CA, 91367
  • Pacific First Equity Services offers a line of Private Money Lending, Construction, Residential, Commercial and Equity Capital. In Residential Services, our company offers a full line of products including FHA, VA, Conventional, FNMA, FHLMC, USDA as well as Construction, and Private Money Loans.
  • Rex Home Loans, LLC
  • 21550 Oxnard Street, Suite 100, Woodland Hills, CA, 91367
  • We created REX in 2015 to bring residential real estate into line with today’s expectations by using AI and big data to push past the outmoded practices of traditional real estate brokers to provide a superior outcome for both buyers and sellers at one-third the cost. We use data modeling and machine learning to match sellers
  • LendMe
  • 23149 Califa St, Woodland Hills, CA, 91367
  • "At LendMe, we’re committed to providing unique lending solutions to real estate investors for business purpose loans. ​ If you’re a real estate investor, our team at LendMe can help you reach your goals and meet your deadlines. Feel free to reach out to us today and see how we are able help!"
  • Peak Finance Company
  • 5900 Canoga Avenue Suite 200, Woodland Hills, CA, 91367
  • At Peak Finance Company, Residential we serve realtors, CPAs, business and financial planners as well as homeowners and new home buyers with the goal of making the process of obtaining a mortgage as easy, convenient and affordable as possible. With expert staff, advanced capital market knowledge and highly-competitive mortgage loan programs etc..
  • First Entertainment Credit Union
  • 2425 Colorado Ave, Suite B119, Santa Monica, CA, 90404
  • First Entertainment Credit Union is the financial ally for the creators of entertainment, those that support them, and the Los Angeles County community. We are a member-owned not-for-profit financial institution, and we pass along our profits to our members in the form of competitive rates and lower fees. It’s a pretty simple concept
  • California Lithuanian CU
  • 2806 Santa Monica Blvd, Santa Monica, CA, 90404
  • California Lithuanian Credit Union (CLCU) was founded in 1969 in Santa Monica, California, to offer financial services to the Lithuanian American community. Since then, the credit union has grown into a full service banking institution. We provide savings, checking and business accounts, debit cards, real estate, auto and personal loans and more.
  • Broadway Capital Partners
  • 1617 Broadway, Suite B, Santa Monica, CA, 90404
  • Broadway Capital Partners is located in Santa Monica, CA, United States and is part of the Offices of Real Estate Agents and Brokers Industry. We founded Broadway Capital Partners in 2012 in response to significant challenges in real estate Finance Market, and the need for a relationship driven platform dedicated to servicing our clients.
  • Commonwealth Bancorp
  • 2812 Santa Monica Boulevard, Suite 202, Santa Monica, CA, 90404
  • Commonwealth Bancorp, where we specialize in residential mortgages. At Commonwealth Bancorp, we will find a loan that fits each borrower. Unlike big banks that have "order takers" helping you with your loan, we have highly skilled loan consultants. Our consultants know what it takes to get through underwriting quickly.
  • Fidelity Capital Home Loans
  • 1425 Stanford Street, Suite 3, Santa Monica, CA, 90404
  • Fidelity Capital Home Loans focuses on all aspects of residential lending working directly with Buyers, Home Owners, Realtor Partners as well as Lawyers, CPA’s and other professionals. Integrity and a commitment to excellence is our standard and David Patrick Baron. The Broker, and Owner of Fidelity Capital Home Loans.
  • Woodland Hills Mortgage Corporation
  • 21777 Ventura Boulevard, Suite 211, Woodland Hills, CA, 91364
  • Woodland Hills Mortgage Corporation, Real Estate Broker, CA Dept of Real Estate #01901462 NMLS #752237, was founded in 1990 as a private lending institution to fund “make sense” loans that banks won’t make. We knew these bank rejected borrowers still needed mortgage assistance that we could provide
  • Empire of America Corporation
  • 5525 Oakdale Avenue, Suite 150, Woodland Hills, CA, 91364
  • After 35 years in mortgage lending, Empire of America established itself as an effective and knowledgeable mortgage lending firm that knows how to move with the times. With a wide variety of loan products available, a completely secure online platform, and literally ZERO salespeople, you'll find you can easily talk through your home loan opti