USDA Vs. FHA Pro and Con comparison in Melvindale, Wayne County, MI

In 2025, USDA loan limit in Melvindale, county of Wayne, 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.

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2025 loan limits and downpayment requirments in Melvindale, county of 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 Melvindale, 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?



  • First Equity Mortgage Group LLC
  • 860 Boardman Canfield Rd, Suite 101, Youngstown, OH, 44512
  • First Equity Mortgage Group, LLC. We are a full service mortgage broker. Whether you are buying a home or refinancing, we can help you realize your dream of home ownership or save you money when getting your new lower monthly payment.And we offer the following: FHA | FHA 203k| VA | USDA | Jumbo | Conventional
  • KEMBA Financial Credit Union
  • 555 Officenter Place, Gahanna, OH, 43230
  • KEMBA Financial Credit Union was founded in 1933 as the credit union for the employees of The Kroger Company, and stands for Kroger Employee Mutual Benefits Association. The original branch was inside the Kroger Bakery downtown, and in 1971 was relocated to East Broad Street in Whitehall.
  • Pathways Financial Credit Union
  • 5665 N. Hamilton Rd, Columbus, OH, 43230
  • Pathways Financial Credit Union is a not-for-profit financial cooperative owned by our members. While our many financial products and services are similar to what you find at banks and other for-profit institutions, there are fundamental differences at our branches of Pathways Financial Credit Union.
  • Credit Union of Ohio
  • 5500 Britton Pkwy, Hilliard, OH, 43026
  • At Credit Union of Ohio is to improve our members' standards of living and better their lifestyles." That's a unique mission statement for a financial institution. Some strive to be the preferred financial provider for their members or customers. That's nice, but it only addresses success from their side of the equation.
  • Versailles Savings and Loan Company
  • 10413 Kley Road, Versailles, OH, 45380
  • At Versailles Savings & Loan, customer service is our number one priority. We are able to meet the needs of our customers with our staff’s fast friendly service. Being locally owned and operated, we are able to assist our customers by getting them answers in a timely manner rather than waiting for word from a corporate office
  • Greenville Savings Bank
  • 233 Main Street, Greenville, PA, 16125
  • Greenville Savings Bank has remained firmly rooted in the community since 1911. For over 100 years, we experienced prosperity and growth due to the trust and support of the residents we serve. We take pride in recognizing that we continue to be directed and managed by community people you know.
  • Bessemer System FCU
  • 106 Woodfield Drive, Greenville, PA, 16125
  • Bessemer System FCU was formed in 1943 by employees of the Bessemer & Lake Erie Railroad, with headquarters in Greenville PA. In 1982, the members of the Pittsburgh office credit union merged into our credit union. We opened our membership to outside groups in 1988. On August 1, 2000, the former Greenville Area FCU merged into our credit union.
  • Prolink Home Lending LLC
  • 4449 Easton Way, Suite 2045, Columbus, OH, 43219
  • Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
  • M/I Homes, Inc.
  • 4131 Worth Ave, Suite 500, Columbus, OH, 43219
  • M/I Homes, Inc. is one of the nation's leading builders of single-family homes, having sold over 113,100 homes. The Company's homes are marketed and sold primarily under the trade names M/I Homes and Showcase Collection (exclusively by M/I Homes), and also currently are sold under the name Hans Hagen Homes in the Minneapolis/St. Paul,
  • Household Mortgage Solutions USA, Inc.
  • 2016 Minnesota Ave, Columbus, OH, 43211
  • Household Mortgage Solutions USA, Inc. is a private intermediary offering traditional commercial financing as well as fast & creative bridge & hard money loans. We service all major MSAs in the continental U.S. Since 2006, we have assisted clients with over $200, 000, 000 in commercial loans!
  • TLCU Financial
  • 1816 N Main Street, Mishawaka, IN, 46545
  • TLCU Financial has grown into a modern credit union that focuses on meeting our members’ needs. Now, all residents in LaGrange, Marshall, Elkhart and St. Joseph County can join TLCU Financial, or anyone with a family member with an existing TLCU account. Employees from our Select Employee Groups can also become members.
  • Indiana Lakes Federal Credit Union
  • 322 South Detroit Street, Warsaw, IN, 46580
  • Indiana Lakes FCU is a credit union in Warsaw, IN providing auto loans, home equity loans, personal loans, checking, savings, cd’s, deposits, home banking, bill pay & other financial services for anyone who lives, works or attends school in Warsaw & Kosciusko County, Indiana. With over 40 years of helping our community with their financial needs