USDA Vs. FHA Pro and Con comparison in Manistique, Schoolcraft County, MI
In 2026, the USDA loan limit for Manistique, located in the county of Schoolcraft, MI, is $336,500. Meanwhile, the FHA limit for a single-family home stands at $472,030.
Utilize the Lendersa® USDA loan calculator to evaluate current USDA and FHA best rates. Determine the necessary income, credit, reserves, and documents for qualification. Our advanced mortgage calculator allows you to view USDA, FHA, Conforming, and VA options side by side, assisting you in deciding which program in is best suited to your financial needs.
2026 Loan Limits and Down Payment Requirements in Manistique, County of Schoolcraft, 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 Manistique, MI
The goal of Lendersa® is to secure the best USDA or FHA loans for you promptly and without difficulty. Start by selecting one of three pathways connecting you to matching lenders and USDA loan programs.
A USDA home loan, backed by the Department of Agriculture, also known as a USDA rural development loan or mortgage, is available exclusively in rural areas. Unlike FHA loans that require a minimum 3.5% down payment, USDA mortgage loans do not require any down payment.
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan
140 N Barrington Rd, Suite 5, Streamwood, IL, 60107
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan
Our mission is to get to know and understand your needs, wants, and long-term goals. We want to help you develop, implement, and monitor a strategy that’s designed to address your individual situation. We understand the challenges families face today. Our commitment is to utilize all of our resources to help you pursue your goals.
Bank Michigan originated in 1907 in Onsted, MI. We have since evolved from a one town, one location Bank to three locations, with our Founding Lenawee County office in Onsted, one location in Brooklyn, one in Ann Arbor, servicing customers primarily in these market areas.
We are a Community Bank with a team who take the word very serious.
Extra Credit Union is a Federally Insured State Chartered Credit Union with assets of some $322 million and nearly 20, 000 members. We were founded by a small group of educators in 1954. and also At Extra Credit Union, you'll find more than innovative financial products and banking services tailored to your life, needs and financial goals.
5820 N. Canton Center, Suite 125, Canton, MI, 48187
Approved Mortgages has been serving our community since 1996 and has partnered with other lenders to meet the growing needs of our clients over the years. The company was originally founded by Bill and Shahnaz Broucek in Canton, Michigan, where we still operate to this day.The key in choosing us over anyone else is understanding.
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
5860 N Canton Center Rd, Suite 387, Canton, MI, 48187
We have been in the Real Estate and Mortgage service business for over 20 successful years. This longevity and confidence comes from our Real Estate & Mortgage services to a great many buyers and sellers, and their recommendations to others that result in repeat referral business.
As a HUD approved lender Canton’s AmeriPlus Financial provides a broad range of loan products for your next home purchase or refinance including; Government FHA/VA, Conventional, Non-Conforming, Jumbo and Reverse Mortgage loans. We have built our reputation on providing all clients superior customer service, low interest rates, low closing costs.
