In 2025, the USDA loan limit in Sault-Ste.-Marie, Chippewa county, MI is set at $285,000, while the FHA limit for a single-family home is $356,362.
You can use Lendersa®'s USDA loan calculator to compare the current best rates between USDA and FHA loans. This tool assists in determining the necessary income, credit, reserves, and documents required for qualification. Our advanced mortgage calculator allows side-by-side comparisons of USDA, FHA, Conforming, and VA loan options, helping you decide which program in
View loan offers from 100 lenders
| Loan Type | Loan Limit | Down Payment |
| USDA | $285,000 | 0% |
| FHA | $356,362 | 3.5% |
| Conventional Conforming | $548,250 | 3% |
Lendersa® aims to quickly and easily secure the best USDA or FHA loan for you. Choose one of the three initial options to find matching lenders and USDA loan programs.
A USDA home loan, also known as a USDA rural development loan or USDA mortgage, is backed by the Department of Agriculture and exclusively available in rural areas. Unlike FHA loans that require a minimum down payment of 3.5%, USDA loans need no down payment, offering a significant advantage.
Enter your location to find out if it qualifies for USDA rural housing loan?
|
|
|
|
|
|
|
|
|
|
|
Bridge Loan Guides
"The drum of the realization of the promise is beating, we are sweeping the road to the sky. Your joy is here today, what remains for tomorrow? The armies of the day have chased the army of the night..."
NMLS 1795154
