USDA and FHA Pro and Con in Oak-Park, Oakland County, MI
In 2026, the USDA loan limit for Oak-Park, in the county of Oakland, MI, stands at $285,000, while the FHA limit for a single-family home is $356,362.
Use the Lendersa® USDA loan calculator to compare today's optimal USDA and FHA rates, determining the income, credit, reserves, and documents necessary to qualify. Our advanced mortgage calculator allows you to examine USDA, FHA, Conforming, and VA options side by side, helping you choose the best program in for your financial situation.
2026 Loan Limits and Downpayment Requirements in Oak-Park, Oakland, MI
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Options in Oak-Park, MI
Lendersa®'s aim is to help you quickly and easily secure the best possible USDA or FHA loan. Select one of three starting points to connect with matching lenders offering suitable USDA loan programs.
A USDA home loan is a mortgage guaranteed by the Department of Agriculture, also known as a USDA rural development loan. It is available only in rural neighborhoods. Unlike FHA loans requiring a minimum of 3.5% down payment, USDA loans require no down payment.
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