USDA and FHA Pro and Con in Traverse-City, Grand Traverse County, MI
In 2025, USDA loan limit in Traverse-City, county of Grand Traverse, MI is $285,000 while FHA limit is $356,362 for a single-family home.
Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.
2025 loan limits and downpayment requirments in Traverse-City, county of Grand Traverse, MI
Loan Type
Loan Limit
Down payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA loan options in Traverse-City, MI
Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.
USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.
Enter your location to find out if it qualifies for USDA rural housing loan?
Twin River Bank is locally owned by your neighbors and we have invested here in the Lewis Clark Valley Since We have built a reputation as a community bank serving home buyers, real estate investors and builders. We have experienced mortgage lenders that can help you with a purchase, refinance, home improvement or construction lending.
Blossom Heights Realty has proudly served clients and customers for over 10 years. We started as a family-owned business and still run on the same standards of integrity and care for the people we serve.
Our experienced real estate agents help clients and customers who are interested in buying or selling homes in Nampa, Caldwell, Meridian, Boi
For over six decades Northwest Christian Credit Union has served the banking needs of Christians throughout the Treasure Valley and across the Northwest. People of common faith, common values and common purpose turn to the credit union for matters large and small. From everyday financial transactions, to once in a lifetime opportunities,
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.
Cheney Federal Credit Union has been serving members and our local community since 1951. We provide convenient and low-cost financial services to those who live, work, worship or attend school in the Cheney and Medical Lake School Districts and their immediate family members. CFCU is a member-owned, not-for-profit financial institution.
Covenant Reverse Mortgage experience in originating and processing Reverse Mortgages extends to over 12 years specifically working with Seniors. In the HECM marketplace that is an outstanding plus! I have the background and the knowledge to help you decide if a Reverse Mortgage is right for you.
Info1st Rate Mortgage is a home mortgage and loan origination company We offer seasoned loan officers and staff to provide a high quality mortgage experience for our clients, we are local and loved to engage with local companies. Financing residential and commercial properties. We offer 100% financing options, reverse mortgages.
The Elko Federal Credit Union will: be the premier provider of financial and credit services to all of the residents of Elko, Eureka and Lander Counties as authorized and chartered in 1960 and thereafter amended. This will be accomplished as the Elko Federal Credit Union achieves their strategic objectives.
