USDA and FHA Pro and Con in South-Monroe, Monroe County, MI
In 2025, the USDA loan limit in South-Monroe, Monroe, MI is $285,000. The FHA limit for a single-family home is $356,362.
Use Lendersa® USDA loan calculator to compare today's best rates between USDA and FHA loans, determining necessary income, credit, reserves, and documents. Our advanced mortgage calculator allows side-by-side views of USDA, FHA, Conforming, and VA options, aiding your decision in selecting the best program in for your financial needs.
2025 Loan Limits and Downpayment Requirements in South-Monroe, Monroe, MI
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Options for USDA and FHA Loans in South-Monroe, MI
Lendersa® aims to help you quickly secure the best USDA or FHA loan without hassle. Begin by selecting one of three paths to find matching lenders and suitable USDA loan programs.
A USDA home loan is guaranteed by the government through the Department of Agriculture. Also known as a USDA rural development loan or USDA mortgage, it is offered exclusively in rural areas. Unlike FHA loans, which require a minimum of 3.5% down payment, USDA loans require none, offering a significant advantage.
18170 Dallas Parkway, Suite 304, Dallas, TX, 75287
The Mike Clover Group at Homewood Mortgage is a close-knit group of experienced mortgage professionals dedicated to getting their clients the best loans in the shortest amount of time.
Every member of the team has at least 10 years' experience in mortgage lending, and each shares Mike's strong belief in GOD, family, and doing the right thing
18170 Dallas Parkway, Suite 304, Dallas, TX, 75287
Established in 2001, Homewood Mortgage was founded by CEO and President, John Rasor, as a small mortgage brokerage firm with a hands on-approach to meeting the needs of the consumer. Since then we have evolved into a full service mortgage banker servicing the needs of Texas and Florida.
Trey Bolen started working in the mortgage industry more than a decade ago, working in a number of areas including underwriting, processing, secondary marketing and sales. As his experience grew, Trey saw huge opportunities to make the mortgage industry better. Traditional lenders had a tedious and aggravating application process.
We are a Direct Hard Money Lender! We are experts at funding creative deals that other lenders wont! We fund residential and commercial deals. We offer 100% financing for residential fix and flip loans and can close quick! No appraisals required on most loans. Call us today for a loan quote!
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Family owned and operated with over 20 years experience.
Are you or someone you know needing mortgage advice? Contact us.At Palm Harbor Mortgage Advisors, ""You can take your dream home, home today.”"
Opendoor Loan Servicing is a bonded and state licensed residential loan servicing company. We are the bridge between the lender and the borrower. We save time for the lender by fully managing each portfolio while providing excellent customer service to the borrowers. Customer service is excellent in Opendoor Loan Servicing.
Nuwave lending provides financing for homes. We offer loan programs for conventional, FHA, VA, Jumbo, Self-Employed Borrowers, Bank Statement Loans, and Investment Property loans and also NuWave is dedicated to providing a fast, transparent digital mortgage experience backed by superior customer support.
Patterson State Bank was founded in 1925 by Harry Williams and E. F. Marin. Together they had a great vision for their community; a bank for their city to call its own. At that time, the larger banks in New Orleans were not responsive to the needs of families and business owners in
