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.
Waco Federal Credit Union To provide a safe and financially sound institution where members can invest their savings with peace of mind and assurance that their financial needs will be met with ethical and responsible, friendly service. The commitment to providing competitive rates, both dividends on savings and interest on loans.
We provide each customer with quality service, and keep them inform of the process from start of application to the end. We get extremely excited when we received information that the customer mortgage loan is: APPROVED. From here, you are on the down slope to closing the loan...
We have been helping friends and neighbors of the Treasure Coast since 1999. We are locally owned and operated, and offer fast and friendly service with your privacy in mind. But don't just take our word for it, look below to read comments written directly by our customers. We look forward to seeing you soon!
7410 UW Hwy 1, Suite 101, Port Saint Lucie, FL, 34952
Our agents are experienced in all types of market conditions, housing developments & real estate opportunities all across Florida. With decades of hands-on experience & knowledge in the Florida real estate marketplace, you can rest assure the agents at Viking Realty Group will help you achieve your goals of homeownership or real estate investing.
1597 Southeast Port St Lucie Blvd, Port Saint Lucie, FL, 34952
Florida Mortgage is committed to helping you find the right mortgage for you & your family. We are located in Fort Pierce, Florida & offer loans for purchasing, refinancing, and investing in St. Lucie & Martin County on the Treasure Coast of Florida. We understand that buying a home is a big decision and so is choosing the right mortgage broker.
1357 S.E. Port St. Lucie Blvd., Port Saint Lucie, FL, 34952
Innovative Mortgage Services Team is your premier mortgage team located in Port St. Lucie, Florida. We pride ourselves on offering some of the lowest rates nationwide and make the loan process simple, straightforward and fast for borrowers seeking a mortgage in the Port St. Lucie area.
FMS Bank is a community Bank in every sense of the term: homegrown, locally owned and operated, and committed to our fellow neighbors. In fact, we’re more than just a community Bank, we’re a Bank built on community. All financial decisions happen right here, assuring you of fast turnarounds, responsive service
1000 NE Jensen Beach Blvd, Jensen Beach, FL, 34957
Since its original charter in 1926, Seacoast Bank has succeeded through a clear vision, planned strategic growth, and talented, professional employees. The operating subsidiary of Seacoast Banking Corporation of Florida and is one of the largest publicly traded commercial banks headquartered in Florida.
DREAMLINE MORTGAGE brokers and experts in locating the best mortgage for your individual circumstances. We have extensive experience in the Jumbo, Super Jumbo, conforming mortgage, and particularly specialized in niche products. We can help you secure a residential mortgage loan, even if you have bad credit history or challenging circumstances.
At MSC Mortgage, we partner with Michael Saunders & Company to provide a full range of real estate services along with home financing options. Let us find the best possible loan for your next home purchase or refinance. Our goal is to provide our valued customers with great rates, fast closings and outstanding customer service.
