USDA Loan Vs. FHA loan pro & con for Hoover, Jefferson County, AL

In 2024, USDA loan limit in Hoover, county of Jefferson, AL is $336,500 while FHA limit is $472,030 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.

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USDA and FHA loan options in Hoover, AL

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.

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What is USDA Loan in Alabama?

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.

(505) 982-3802 http://www.nmsefcu.org/ 1096 miles Lender's profile and map Reviews Northern New Mexico School Employees Federal Credit Union 614 Alta Vista St, Santa Fe, NM, 87505 Northern New Mexico School Employees Federal Credit Union is a unique kind of financial institution. It is an organization of people, not dollars, where you, the member, comes first. The credit union is a member owned, not-for-profit, full-service financial institution, guided by a volunteer Board of Directors.
(303) 377-4181 https://montegra.com/ 1096 miles Lender's profile and map Reviews Montegra Capital Resources, LTD 3200 Cherry Creek S Dr, Suite 200, Denver, CO, 80209 Montegra Capital Resources has served as Colorado’s premier hard money lender, developing a reputation as a trusted source for hard money and bridge loans in Colorado and the Rocky Mountain Region. Montegra is a direct hard money lender, not a loan broker, and as such has complete control over the funds issued and the decisions made.
(505) 310-6435 http://loanfox.com/ 1096 miles Lender's profile and map Reviews Loan Fox Inc. 1228 Osage Ave, Santa Fe, NM, 87505 At Loan Fox Inc, we are dedicated to providing clients with the knowledge needed to make the right decision when financing their home. Although we are located in Santa Fe, we specialize in mortgage loans in Albuquerque, Las Cruces, and throughout the entire state of New Mexico. Whether you are a first-time homebuyer, looking to buy a second home,
(701) 288-3491 https://makeitmcb.com/ 1096 miles Lender's profile and map Reviews McIntosh County Bank 204 West Main Street, Ashley, ND, 58413 McIntosh County Bank of Ashley, North Dakota was organized September 15, 1911 as the Farmers State Bank of Danzig, North Dakota. By 1913, controlling stock was acquired by J.H. Wishek and Peter Billigmeier. At that time, Danzig was a thriving community with two grocery stores, meat market, lumber yard, hardware store.
(303) 471-7625 https://www.redrocks.org/ 1096 miles Lender's profile and map Reviews Red Rocks Credit Union 8195 SouthPark Lane, Littleton, CO, 80120 We are committed to inspiring our members through community engagement, educational seminars, and an exceptional experience that not only supports their financial goals, but also their well-being through each phase of their journey. We are a remember-your-name, make-your-dreams-happen kind of place.
(720) 851-1007 https://www.lmgloans.com/ 1096 miles Lender's profile and map Reviews Louviers Mortgage Group 1101 W Mineral Ave, Suite 101, Littleton, CO, 80120 "ouviers Mortgage Group, LLC is your premier mortgage expert located in Louviers, Colorado. We pride ourself on offering some of the lowest rates nationwide and making the loan process simple, straightforward and fast for borrowers seeking a mortgage in Colorado. Whether you are first time home buyer, purchasing your dream home."
(303) 468-3335 https://www.pcmcolorado.com/ 1096 miles Lender's profile and map Reviews PCM Funding LLC 5640 South Sycamore Street, Littleton, CO, 80120 We are a local company in southwest Littleton, with over 30 years of experience in mortgage lending. Not only is our office located in your community, but we live here too. We proudly support other businesses in our neighborhood and appreciate the patronage from our neighbors, friends and colleagues in the Denver metro area.
(303) 471-4445 https://www.comtgs.com/ 1096 miles Lender's profile and map Reviews Colorado Home Mortgages Inc 621 SouthPark Drive, Suite 300, Littleton, CO, 80120 Colorado Home Mortgages, Inc. is simply the best source for home financing. Call today to find why CHM is different: Upfront information with no credit check, no obligation and expert financing advice from only licensed mortgage loan originators. Our representatives work with you from consultation to closing and we do this on time.
(303) 550-2626 http://estatesmortgage.web-loans.com/aboutus.aspx 1096 miles Lender's profile and map Reviews Estates Mortgage Group Inc 1901 West Littleton Blvd, Suite 212, Littleton, CO, 80120 Estates Mortgage Group is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools
(303) 662-9490 http://www.reedmc.com/ 1096 miles Lender's profile and map Reviews Reed Mortgage Corporation 26 W. Dry Creek Circle, Suite 600, Littleton, CO, 80120 "At Reed Mortgage Corporation, we recognize that each consumer is different, with a different financial situation and a unique need. With hundreds of loan programs, we are able to provide you with the mortgage loan that best fits your individual situation. We offer mortgage loans for virtually any purpose, including Buying a home etc.."
(303) 539-3000 https://hardmoneymike.com/ 1096 miles Lender's profile and map Reviews Hard Money Mike 1101 W Mineral Ave., Suite 101, Littleton, CO, 80120 Hard Money Mike offers loans for fix and flips in Colorado and parts of the Midwest. If you have experience in fix and flips, construction, and/or real estate, we can provide: In-house funded loans with an interest rate of 8%. (Loans out of Colorado start at 9%.) Fund up to 90% of purchase and 80% of rehab. Higher loan-to-value loans.