USDA Vs. FHA Pro and Con comparison in Livonia, Wayne County, MI
In 2025, the USDA loan limit set for Livonia, in the county of Wayne, MI, is $336,500, while for a single-family home, the FHA loan limit stands at $472,030.
Leverage the Lendersa® USDA loan calculator to compare the current USDA versus FHA rates. This tool helps you determine the necessary income, credit score, reserves, and documentation needed to qualify. Our advanced mortgage calculator displays USDA, FHA, Conforming, and VA loans side by side, aiding in choosing the best program suited to your financial needs in .
Loan Limits and Down Payment Requirements for 2025 in Livonia, Wayne, 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 Livonia, MI
Lendersa® aims to swiftly secure the best USDA or FHA loans for you without any hassle. Choose from three initiating paths that link you to matching lenders and appropriate USDA loan programs.
A USDA home loan, backed by the government via the Department of Agriculture, also referred to as a USDA rural development loan, is offered in rural areas. Unlike FHA loans, which require a minimum down payment of 3.5%, USDA loans need no down payment, making them more accessible for qualified borrowers in these regions.
Lana Lesser is the owner / broker of Preferred Mortgage. She has been doing loans with Preferred Mortgage for 23 years, with an office located in Orem. Lana really prides herself on being able to establish a personal relationship during the loan process. She really enjoys the return clients, referrals and friendships this creates
560 South State Street, Suite H-1, Orem, UT, 84097
Evergreen Mortgage, LLC is likely the largest purchase most of us will ever make. Consequently, a mortgage will likely be our greatest financial obligation, so it's important to understand the associated options, process, and ramifications. Not only do we offer some the lowest rates and costs in the industry.
Strategic Lending has served the lending needs of Utah residents since 2004. As a mortgage brokerage, Strategic Lending offers many advantages over other brokerages. Not only do we do comprehensive Pre-Qualifications for all interested parties, even before a loan is originated, we are also nationally recognized experts in investment lending
Gravity Capital LLC is a direct lender that provides lending solutions to help establish marketplace scenarios to connect accredited investors to entrepreneurs who need quick, quality funding sources for solid business real estate ventures. Whether you need funding to finish a real estate property project, or you need money to update your company’s
Title: Strategic Growth Financing with Jones Investment Company LLC
Your Strategic Capital Partner
Jones Investment Company LLC, under Richard Alen, empowers your business or project with flexible, fast capital. We specialize in strategic bridge loans and development financing, providing the funds you need to seize opportunities and accelerat
Jones Investment Company LLC is your trusted partner in growth and success, specializing in flexible and fast financial solutions. As a U.S.-based private lender, we offer a seamless funding experience for real estate, business, and project needs. Benefit from our asset-backed loans, bridge financing, and acquisition capital without prepayment pena
America First's mission of service is not limited to helping people develop and maintain financial well-being. In fact, it emanates throughout the community. Our employee volunteer program, the Greater Good, offers a planned, managed framework that motivates our staff to effectively donate time and resources to the communities where they live.
Our company focuses on educating first time home buyers, saving people money through refinances, giving people the opportunity for a better life through reverse mortgages, and above all education and transparency. We are a Utah Mortgage company. As a Mortgage Broker we are able to provide our clients with money at highly competitive rates.
