For 2025, the USDA loan limit applicable in River-Rouge, under the jurisdiction of Wayne county, MI, amounts to $285,000. In comparison, the FHA limit for a single-family home stands at $356,362.
Utilize the Lendersa® USDA loan calculator to contrast the most favorable current rates of USDA against FHA loans. This valuable tool helps establish the necessary income, credit standing, reserve amounts, and documentation essential for qualification. Our comprehensive mortgage calculator lays side by side the USDA, FHA, Conforming, and VA loans, aiding in choosing what suits your particular financial requirements in .
2025 Loan Limits and Downpayment Guidelines in River-Rouge, County of Wayne, MI
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Selections in River-Rouge, MI
The intention behind Lendersa® is to connect you swiftly and efficiently with the most suitable USDA or FHA loans available. Utilize one of the three offered starting approaches to identify and pair with compatible lenders and USDA loan offerings.
The USDA home loan, guaranteed by the government through the Department of Agriculture—also known as the USDA Rural Development loan or USDA mortgage—is limited to rural neighborhood access. It differs from FHA loans by requiring no down payment at all, unlike the FHA loan which requires a minimum down payment of 3.5%.
Kevin Leonard entered into the mortgage business in 1997 and quickly rose to become the top producing loan officer in the country.
Mr. Leonard prides himself in offering constant communication with his clients so that they have a full understanding of the loan process from start to finish
14201 N 87th St, Suite C-135, Scottsdale, AZ, 85260
Since the year 2000, we’ve enjoyed the opportunity to help thousands of Americans achieve the dream of home ownership and financial peace of mind through our fast and simple loan process. We chose to go into business to help people by educating them through one of life’s most challenging processes and saving them REAL money.
9089 East Bahia Drive, Suite 101, Scottsdale, AZ, 85260
"LHM Financial, formerly CNN Mortgage, has been a full-service mortgage banker with an experienced staff offering knowledge in mortgage lending for over 20 years.
With access to a full range of mortgage sources, our licensed loan originators are dedicated to finding the right loan with the rates, terms, and costs to meet your unique nee
We offer creative lending solutions that fall outside the “box” of traditional bank and conventional lending sources. We are an equity based lender interested more in a borrower’s ability to pay going forward than any issues in the past. We offer lending solutions to assist borrowers in getting back to where they want to be.
7950 East Acoma Drive, Suite 108, Scottsdale, AZ, 85260
Our brokers have worked for some of the nations top lenders over a combined 30+ years in wholesale lending.During this time, we observed many of these companies were charging far too much to their customers.We decided that we could do better for the consumer.We can offer the same service, if not better & offer the same products for a much lower cos
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Having worked for a few of the large banks & mortgage banking firms prior to starting Mortgage Quest in May 2000, Bob McCormick learned how & why these mortgage companies need to mark-up their rates that are offered to the public: large overhead expenses including office salaries, commissions several layers of management due to large staffing, etc.
7498 E Monte Cristo Ave, Suite 104E, Scottsdale, AZ, 85260
Talon Capital offers comprehensive yet customized mortgage solutions to our clients. Our strength lies in our detailed, personalized, and client-focused approach. Additionally, our extensive network of investors provides financing solutions for our clients in the most professional manner possible.
14301 North 87th Street, Suite 311, Scottsdale, AZ, 85260
At Acorn Mortgage Group, LLC, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you
14362 N Frank Lloyd Wright Blvd, Suite 1112, Scottsdale, AZ, 85260
Hi Financial is Arizona's newest, premier mortgage broker. We serve the lending needs of Arizona Real Estate Professionals, individual home buyers & builders. With full access to FHA, VA, USDA, Conventional, Non-QM & Non-Delegated home loans, clients are served with the best products & rates, given their specific needs & goals!
8990 E Raintree Dr, Suite 100, Scottsdale, AZ, 85260
Autobahn Mortgage, LLC almost 20 years in the real estate industry, we have the experience to help with your loan. Our method differs from other lenders as we take a holistic approach to our borrowers needs and The Mortgage Industry has changed dramatically. Trust us to have the knowledge, experience and communication skills to serve you.
