USDA Vs. FHA your options comparison in Livonia, Wayne County, MI
In 2026, 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 2026 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.
A member-owned financial cooperative dedicated to provide our members and our community with exceptional service, financial products and education.
We have been meeting the financial needs of members and their families since 1966. Membership is available to employees of the Auto Club Group or any of its subsidiary companie
Michigan Columbus offers a variety of savings programs designed to provide financial solutions for your everyday life. We are open to the community of Livonia, Michigan, anyone who lives, works, attends school or church in Livonia, or who is related to a current member is automatically qualified for membership.
Michigan Financial is a full service mortgage company, located in Northville, MI. Michigan Financial is able to offer competitive rates with minimal costs on each mortgage. We focus on personal service & develop a relationship with our clients, to better understand their needs.Call us today, to find out why Michigan Financial is your best solution.
38701 W. Seven Mile Rd, Suite 290A, Livonia, MI, 48152
Lends in Michigan
We know that purchasing a home is one of the most important decisions you may ever have to make. Priority 1 Lending is committed to make your mortgage experience as smooth and pleasurable as possible. We believe in process, people, product and technology. We have staff with over 20 years experience
As a full-service financial institution, CVF Credit Union offers all the financial products and latest delivery innovations you’d expect from a large bank, except we take the time to know you personally. Our priority is to provide you with the advantage of low-fee or no-fee services with competitive yields on savings and lower rates on loans.
33300 Five Mile Road, Suite 105, Livonia, MI, 48154
Lends in Michigan
Starnorth Mortgage LLC offers Livonia, MI mortgage programs to fit your budget. For practical and knowledgeable advice and options, give us a call. Remote quote and social distance precautions observed. Provide purchase mortgages and refinancing to Michigan homeowners since 2005!
At Market Street Mortgage, LLC, where we specialize in residential mortgages. At Market Street Mortgage, LLC, 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.
No matter where you are in life, we’re dedicated to taking you further. That first savings account where every dollar matters. That vehicle for which costs and need can conflict. That home that can be the foundation for life or a burden. Those dreams you’ve always had.
