USDA Vs. FHA your options comparison in Novi, Oakland County, MI
In 2025, the USDA loan limit for Novi in the county of Oakland, MI, is capped at $336,500, while the FHA limit for a single-family home stands at $472,030.
Utilize the Lendersa® USDA loan calculator to contrast the best rates of USDA and FHA loans available today, discerning the necessary income, credit score, reserves, and documentation required for eligibility. Leveraging our sophisticated mortgage calculator, you can evaluate USDA, FHA, Conforming, and VA loans side by side, guiding you to decide which program is most fitting for you in .
Review of 2025 loan limits and downpayment requirements in Novi, Oakland, MI
Type of Loan
Loan Limit
Down Payment Percentage
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA loan options in Novi, MI
At Lendersa®, our objective is to help secure the most advantageous USDA loan or FHA loan swiftly and without unnecessary hassle. You can choose from three paths that lead to matching lenders and the USDA loan programs that suit you best.
A USDA home loan is a government-backed mortgage through the United States Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, available exclusively in rural communities. Unlike FHA loans, which necessitate a minimum down payment of 3.5%, USDA loans require no down payment at all, offering a significant advantage.
2168 East Florence Avenue, Suite 2168, Walnut Park, CA, 90255
Success Financial Group Serving our community for over 30 years and making the dream of homeownership a reality using but not limited to First Time Homebuyer Loan Programs, Down-Payment Assistance for that part of our community which is Self-employed. Our company name is Success because that is what we have with every one of our clients.
Discover home financing made easy with Straight Deal Mortgage! As a comprehensive Mortgage Brokerage, we connect you to a myriad of wholesale lenders, presenting a range of mortgage options tailored to your requirements. Rest assured, we're here to guide you in finding your ideal mortgage, ensuring you feel right at home with a trusted lender.
2100 Main St, Suite 255, Huntington Beach, CA, 92648
At The Wright Loans, our commitment to transparency and educating the client separates us from our competitors. Our communication and negotiating skills are paramount to the value we create for his clients. As a referral business, the client’s satisfaction is the #1 priority.
United American Mortgage Co is a full servimortgage Banker
20422 Beach Blvd, Suite 305, Huntington Beach, CA, 92648
We will treat you with the respect due an esteemed customer and give you the personal service you deserve. We understand the big commitment you are making in buying a home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you: we will help you qualify, apply and be approved for the ideal mortgage for you.
214 5th Street, Suite 205, Huntington Beach, CA, 92648
Our uncompromising integrity & dedication leads us to exceed customer expectations in all we do. You & your mortgage is our sole focus, & we make this process simple, fast & fun! It’s our promise to you. Working directly with Fannie Mae, Freddie Mac, (FHA & VA), & other portfolio mortgage loan programs. we’re able to provide the perfect mortgage.
2134 Main Street, Suite 140, Huntington Beach, CA, 92648
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.
18682 Beach Blvd, Suite 200, Huntington Beach, CA, 92648
We offer the assistance you need to help in all of your mortgage endeavors. Whether you are consolidating your debt, refinancing your home, or buying your first house, we have the expertise to make it a fast, easy, and enjoyable process. We have a Large Variety of Loan Programs to fit your Mortgage Needs.
2100 Main Street, Suite 265, Huntington Beach, CA, 92648
Aegis Funding has been performing mortgage origination and mortgage banking transactions for over 12 years. We have developed a system, based on experience, to not only thoroughly underwrite any type of transaction, but also streamline and automate processes for loan servicing; including all necessary precautions for total asset protection.
Jeb Smith has a work philosophy that is centered around his clients. He strongly believes that his clients should be his top priority and works to provide them with exceptional service at all times. Smith relies on his extensive knowledge and his understanding of both the real estate and mortgage lending industries in order to secure.
18682 Beach Boulevard, Suite 205, Huntington Beach, CA, 92648
We treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
