USDA Vs. FHA your options 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.
First Mortgage of Alabama offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide the best loan possible, to meet the needs of every customer. We recognize that no two customers or situations are the same. Contact us directly and let us know how we can help you in your home buying
University Federal Credit Union’s mission is to serve the financial needs of our members by being strong and secure.
Since 1937 University Federal Credit Union has grown to meet the needs of our members by providing quality, not-for-profit financial services at reasonable rates.
The Med Park Credit Union exists as a stable financial organization. It provides members services that will encourage them to accumulate savings, provide them a source of credit and to help educate them that they can attain their optimal level of financial security and independence.
2800 South Washington Street, Grand Forks, ND, 58201
The Area Community Credit Union has a rich heritage in the Greater Grand Forks area. We started as a Federally Charted Credit Union in 1958. We converted to a State Charted in December, 1964 with approximately $52, 000 in assets. Initially, we were a Credit Union solely for the Grand Forks Public School employees.
With roots tracing back to 1879, Alerus is a diversified financial services company with approximately $31.5 billion in assets under administration/management. We provide business and consumer banking products and services, residential mortgage financing, employer-sponsored retirement plans and wealth management services.
Here at Community Partners FCU, we are dedicated to you and all your financial needs.
We've been around since 1971and with over 500 members and assets over $5 million, we strive to assist our members in receiving the best interest rates, loans, and member benefits.
Our most important asset is our members.
River Town Federal Credit Union began in 1958 as a state-chartered credit union. It was formed by a group of Sparks Hospital employees wanting the benefit of savings and loan products.
In 1986, the credit union was granted a federal charter allowing more growth by including other employer groups.
Bank of Yazoo is proud to be Mississippi’s second oldest bank. We have been meeting the financial needs of our communities and customers for over 140 years, and we currently serve our customers and communities in Yazoo, Madison, and Rankin Counties in Mississippi with five convenient locations and one location currently under reconstruction.
