USDA Vs. FHA your options comparison in Munising, Alger County, MI

In 2025, the USDA loan cap for Munising, in Alger county, MI, is $336,500, whereas the maximum FHA limit for a single-family home is $472,030.

Utilize the Lendersa® USDA loan calculator to compare today's top USDA vs. FHA rates. Discover the income, credit, reserves, and documents needed to qualify. Our advanced mortgage calculator shows USDA, FHA, Conforming, and VA options side by side, assisting you in finding the best program for your financial situation in .

Compare loan offers from 100 lenders

2025 Loan Limits and Down Payment Requirements in Munising, Alger, MI

Loan Type Loan Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

Explore USDA and FHA Loan Options in Munising, MI

The aim of Lendersa® is to quickly connect you with the best USDA or FHA loan without hassle. Begin with one of three starting points, leading to matching lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in MI

The USDA home loan is backed by the government through the Department of Agriculture, also known as the USDA rural development loan or mortgage, and is available exclusively in rural areas. Unlike FHA loans needing a 3.5% down payment, USDA loans require no down payment.

Enter your location to find out if it qualifies for USDA rural housing loan?



  • Theory Mortgage
  • 2809 Northeast Martin Luther King Blvd, Portland, OR, 97212
  • Theory Mortgage provides borrowers with mortgage strategy guidance for the greatest personal prosperity, while contributing to the greater good of the community. Whether we're buying business cards or meeting a client for coffee, we choose to support local, small businesses to enrich our community.
  • Point West Credit Union
  • 1107 NE 9th Avenue, Suite 108, Portland, OR, 97232
  • Point West Credit Union is 100% not-for-profit, member-owned awesomeness headquartered in Portland, Oregon. With a bilingual staff ready to help its members achieve financial empowerment, Point West works with its community partners to bring inclusion and equity to the underserved, and needed capital to local small businesses.
  • Portland Housing Center
  • 3233 NE Sandy Blvd, Portland, OR, 97232
  • Portland Housing Center is your trusted resource no matter where you are at in the homebuying process. When you register we’ll help you determine what services you need to become a successful homebuyer and connect you with one on one counseling, financial management and homebuyer classes, and financial products that can help you become successful.
  • Mortgage Monkey
  • 3636 NE Broadway Street, Portland, OR, 97232
  • Mortgage Monkey is a Portland based mortgage lender dedicated to putting people first. I specialize in helping clients in Oregon, Washington, California & Arizona get solid secure home financing. Services: - Mortgage loans - Real estate loans - Home refinance - Mortgage refinance Financing your home is a big deal and it is a complicated process.
  • Green Mortgage Northwest
  • 650 Holladay Street, Suite 1600, Portland, OR, 97232
  • Green Mortgage Northwest is rooted in the sustainable ethos that makes Portland an amazing place to live and attracts so many amazing people to our city. We love our inspiring clients and our goal is to deliver brilliant service while sticking to the values that guide us every day. We employ paperless document management, electronic signing.
  • NW Premier Mortgage, Inc
  • 2154 NE Broadway St, Suite 120, Portland, OR, 97232
  • NW Premier Mortgage has worked hard to build a reputation for honest business practices and integrity.Our experienced and friendly team strives to provide a high level of personal service & we never fail to remember that it is our clients that make our business a success.As a result, the majority of our client base comes from referrals and business
  • Green Source Capital LLC
  • 515 NE Holladay St, Suite 215, Portland, OR, 97232
  • The Green Source Capital, LLC team is committed to providing all clients with the highest quality financial services combined with the lowest rates available in your area. The outstanding mortgage professionals here will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
  • Oregon Home Mortgage
  • 1585 W Main St, Suite S, Molalla, OR, 97038
  • At Oregon Home Mortgage, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options.
  • Machinists-Boilermakers Federal Credit Union
  • 25 Cornell Avenue, Gladstone, OR, 97027
  • Machinists-Boilermakers Federal Credit Union traces its roots back to 1961. Machinists-Boilermakers Federal Credit Union is a member owned financial institution where members save and borrow. Your credit union is a not-for-profit organization where earnings are returned to members through dividends and by new services.
  • Cutting Edge Federal Credit Union
  • 4620 SE International Way, Suite 105, Milwaukie, OR, 97222
  • Cutting Edge Federal Credit Union was originally chartered in 1953 by ten volunteers who believed that a credit union would benefit the employees of Chipper Chain. After starting as Chipper Chain FCU, our name has changed, first to Omark FCU, then Blount FCU before becoming Cutting Edge FCU in 2002.
  • Reliable Credit Association Inc.
  • 10690 SE McLoughlin Blvd, Milwaukie, OR, 97222
  • Reliable Credit Association, Inc. is an independently owned and operated consumer finance company. We were incorporated in 1958 under the laws of the state of Oregon when a retired U.S. Army Captain founded the company with the support of his father, mother, and wife. In 1994, the shareholders of Reliable Credit Association, Inc.
  • Longshoremen’s Local 4 Federal Credit Union
  • 1209 Ingalls Street, Vancouver, WA, 98660
  • Longshoremen’s Local 4 Federal Credit Union was established on the evening of March 1, 1956. The original name of the credit union was 1-4 Federal Credit Union. It was located in the hiring hall with limited hours of operation. We were founded by Local 4 Longshoremen to serve members of Local 4 and their families