In 2026, the USDA loan limit for Southgate, county of Wayne, MI is set at $336,500, while the FHA limit for a single-family home reaches $472,030.
Utilize the Lendersa® USDA loan calculator to compare the best rates between USDA and FHA loans today. Assess the income, credit, reserves, and documents needed for qualification. Our advanced mortgage calculator provides side-by-side views of USDA, FHA, Conforming, and VA options, aiding your selection of the optimal program in for your specific financial needs.
Review 2026 Loan Limits and Downpayment Requirements in Southgate, Wayne, MI
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Discovering USDA and FHA Loan Options in Southgate, MI
Lendersa® aims to secure the best possible USDA or FHA loan for you swiftly and without unnecessary hassle. Choose a starting point from three options that connect you to matching lenders and suitable USDA loan programs.
A USDA home loan is a mortgage backed by the Department of Agriculture, known as a USDA rural development loan or USDA mortgage, available only in rural areas. Unlike FHA loans requiring at least a 3.5% down payment, USDA loans do not require any down payment, offering a significant advantage.
As a HUD approved lender Canton’s AmeriPlus Financial provides a broad range of loan products for your next home purchase or refinance including; Government FHA/VA, Conventional, Non-Conforming, Jumbo and Reverse Mortgage loans. We have built our reputation on providing all clients superior customer service, low interest rates, low closing costs.
We here at A Best Financial understand that your time and effort are very important to you. That is why for more than 15 years A Best Financial has consistently worked only with the top Lenders in the industry to guarantee the lowest and most affordable mortgage rates on the market. We offer a wide range of mortgage options.
Accurate Mortgage Solutions, where we specialize in residential mortgages. At Accurate Mortgage Solutions, we will find a loan that fits each borrower. Unlike big banks that have "order takers" helping you with your loan, we have highly skilled loan consultants. Our consultants know what it takes to get through underwriting quickly.
7500 North Canton Center Road, Suite B, Canton, MI, 48187
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
A member-owned financial cooperative dedicated to provide our members and our community with exceptional service, financial products and education.
We have been meeting the financial needs of members and their families since 1966. Membership is available to employees of the Auto Club Group or any of its subsidiary companie
Michigan Columbus offers a variety of savings programs designed to provide financial solutions for your everyday life. We are open to the community of Livonia, Michigan, anyone who lives, works, attends school or church in Livonia, or who is related to a current member is automatically qualified for membership.
Michigan Financial is a full service mortgage company, located in Northville, MI. Michigan Financial is able to offer competitive rates with minimal costs on each mortgage. We focus on personal service & develop a relationship with our clients, to better understand their needs.Call us today, to find out why Michigan Financial is your best solution.
38701 W. Seven Mile Rd, Suite 290A, Livonia, MI, 48152
We know that purchasing a home is one of the most important decisions you may ever have to make. Priority 1 Lending is committed to make your mortgage experience as smooth and pleasurable as possible. We believe in process, people, product and technology. We have staff with over 20 years experience
Credit Union ONE was founded in 1938 with the goal of providing exceptional value to its members. Today, we remain committed to delivering quality financial services at our 20 branches in Detroit, Grand Rapids & Traverse City.Credit Union ONE was founded in 1938 with the goal of providing exceptional value to its members.
