USDA Vs. FHA Pro and Con comparison in Rockwood, Wayne County, MI

In 2025, the USDA loan threshold in Rockwood, within the county of Wayne, MI, is set at $336,500, while the FHA limit for a single-family residence is $472,030.

Utilize the Lendersa® USDA loan calculator to compare today's top USDA versus FHA rates, and evaluate the income, credit, reserves, and paperwork essential for qualification. With our advanced mortgage calculator, review USDA, FHA, Conforming, and VA side by side to discern which plan in aligns best with your personal financial profile.

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2025 loan limits and down payment requirements in Rockwood, Wayne, 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 Rockwood, MI

The mission of Lendersa® is to swiftly and effortlessly locate the ideal USDA or FHA loan for you. Choose from three initial options that connect with lenders and USDA loan programs.

Lendersa USDA loan request and matching results

What is a USDA Loan in MI?

A USDA home loan is backed by the government through the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, and is offered solely in rural areas. Unlike FHA loans requiring at least a 3.5% down payment, USDA mortgage loans have no down payment requirement.

Enter your location to find out if it qualifies for USDA rural housing loan?



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