USDA and FHA Pro and Con in Novi, Oakland County, MI
In 2025, USDA loan limit in Novi, county of Oakland, 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.
2025 loan limits and downpayment requirments in Novi, county of Oakland, 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 Novi, 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.
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?
6126 Hamilton Boulevard, Suite 102, Allentown, PA, 18106
APCI Federal Credit Union (APCI FCU) is a non-profit financial cooperative that has serviced our members since 1954. We have a staff of 50+, with over 500 years of combined credit union experience.
As banks implement new fees or raise existing account charges, APCI FCU's value proposition continues to grow stronger
6126 Hamilton Blvd, Suite 100, Allentown, PA, 18106
First Commonwealth is a consumer-friendly alternative to banking. We offer all the services you're accustomed to, but at better rates and lower fees. That's because we're structured differently than banks. Banks are in business to earn profits for their stockholder investors. Our credit union exists to improve your financial well being.
682 N. Brookside Road, Suite 101, Allentown, PA, 18106
Traditional Mortgage, LLC is a state licensed mortgage lending entity that originates mortgage loans directly to the consumer. Our mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
Prince George’s Community FCU is one of Prince George's County best kept secrets. Founded in 1967 to provide financial services to Prince George’s County employees, this organization has grown to a community-based institution serving over 16, 000 members. We are currently over $160 million in assets and welcome anyone who lives, works.
The Mortgage Mall, Inc. was established with the vision of our clients enjoying the benefits of having a broad array of mortgages and lending services under one roof. The business model ensures that each financial professional can engage in an open dialogue to access the exact needs of each client
101 Chesapeake Park Plaza, Middle River, MD, 21220
1949 Credit Union is organized by the employees of the Glen L. Martin Aircraft Company in Baltimore. The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups, but primarily serves manufacturing employees. Membership is also open to immediate family of current members.
Residential Mortgage Solutions is both a licensed mortgage lender and broker in several states. We specialize in originating first and second conforming and non-conforming mortgage loans. Some companies can talk about customer service but here at Residential Mortgage we deliver it, loan after loan!
Farmers State Bank, headquartered in Pittsfield, IL, has been locally owned since 1889 and remains one of the strongest banks in the nation. Farmers State Bank is ranked the number one bank in agriculture in its market areas of Pike, Scott, Greene, Jersey, Morgan and Adams Counties.
Massimo Credit a Direct Lender. Whether for a first-time home buyer, a growing family or an established homeowner looking for an investment or vacation property, We offers a wide range of financing options to meet home buyer needs. Our experienced and knowledgeable loan officers will review each home buyer’s personal financial position.
2191 Defense Highway, Suite 300, Crofton, MD, 21114
Washingtonian Mortgage LLC 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
