USDA Vs. FHA your options comparison in Newberry, Luce County, MI

In 2025, the USDA loan cap for Newberry, in Luce, MI, is $336,500. The FHA limit for a single-family home is $472,030.

Use Lendersa®'s USDA loan calculator to weigh today's prime USDA against FHA rates. Determine the required income, credit, reserves, and documents to qualify. Our advanced calculator compares USDA, FHA, Conforming, and VA side by side, assisting you in choosing the right program for your financial needs in .

Compare loan offers from 100 lenders

2025 Loan Limits and Downpayment Details in Newberry, Luce, MI

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

Loan Options in Newberry, MI

Lendersa® aims to quickly connect you with the best USDA or FHA loan. Choose a starting point to access corresponding lenders and USDA loan programs.

Lendersa USDA loan matching results

Understanding USDA Loans in MI

A USDA home loan is guaranteed by the government through the Department of Agriculture, known as the USDA rural development loan or USDA mortgage, exclusive to rural areas. Unlike FHA loans needing a 3.5% down payment, USDA loans do not require any down payment.

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



  • Nationwide Quick Loan, Corp
  • 291 Awin Cir. SE, Palm Bay, FL, 32909
  • 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.
  • Harmony Mortgage Inc
  • 6050 Babcock Street, Suite 27, Palm Bay, FL, 32909
  • 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.
  • Texas State Bank
  • 2201 Sherwood Way, San Angelo, TX, 76901
  • Texas State Bank is located in San Angelo, TX, United States and is part of the Depository Credit Intermediation Industry. Texas State Bank has 15 total employees across all of its locations and generates $14.15 million in sales (USD). (Employees figure is modelled). There are 5 companies in the Texas State Bank corporate family.
  • The City National Bank of Colorado City
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  • On April 4, 1900 The Comptroller of the Currency authorized The City National Bank of Colorado City to “commence the business of banking”. Many things have changed in the last 120 years but our basic principles remain. Originally chartered as “The City National Bank of Colorado” (before the city was renamed to “Colorado City”)
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  • IAN GONZALEZ is areal estate agent with TxHome Realty in Austin, TX and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells
  • Austin Mortgage Lending
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  • San Angelo Federal Credit Union
  • 235 W 1st Street, San Angelo, TX, 76903
  • San Angelo Federal Credit Union was organized in 1939 and is the oldest federal credit union in the area. Our philosophy has always been to provide affordable credit, help educate members to make sound decisions with their financial matters and offer competitive products and services.
  • Goodyear San Angelo Federal Credit Union
  • 809 Knickerbocker Road, Suite E, San Angelo, TX, 76903
  • We have been giving our membership one-on-one service since 1974. We want to do the same for you. Call Marshall for pre-approval on loans and schedule time for him so he is available when "you" go shopping. Whether you buy in town or out of town, we will be available to talk to you and your salesperson so the purchase goes quickly and smoothly.
  • Concho Valley Credit Union
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