Explore the differences! FHA VS Conventional loan programs in Gray, Terrebonne County, Louisiana

For the year 2026, the conventional loan cap in Gray, found in Terrebonne, LA, is $726,200, whereas the FHA amount for a single-family home is $472,030.

Make use of the Lendersa® Conventional loan calculator to compare the latest best rates among Conventional, FHA, and USDA options. This tool also helps you determine the necessary income, credit, reserves, and documents for qualification. Our comprehensive mortgage calculator shows side-by-side comparisons of Conforming Conventional, USDA, FHA, and VA loans, aiding you in selecting the best option for your financial needs in LA.

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Understanding 2026 Loan Limits and Down Payment Needs in Gray, Terrebonne, LA

Type of Loan Maximum Limit Minimal Down Payment
Conventional Conforming $726,200 3%
USDA $336,500 0%
FHA $472,030 3.5%

This table is applicable for the following zip codes: 70359, 70360, 70364

Exploring Conventional and FHA Loans in Gray, LA

Lendersa® is dedicated to ensuring you obtain the most beneficial Conventional, USDA, or FHA loan swiftly and with ease. Choose from one of three starting pathways designed to link you with corresponding lenders and loan programs.

Lendersa's USDA loan request and matching outcomes


  • Campus Federal Credit Union
  • 9555 Antioch Road, Suite A, Baton Rouge, LA, 70817
  • Formed in 1934 by seven employees of Louisiana State University, Campus Federal now serves over 59, 000 individuals and business members. The common bond between Campus Federal and LSU remains strong, along with the strong relationships we've developed with our additional select employee groups and business members.

  • UNO Federal Credit Union
  • 2000 Lakeshore Drive, New Orleans, LA, 70148
  • Chartered in 1972, UNO Federal Credit Union has served the University of New Orleans for over 45 years with pride. The support and commitment of this community has provided our credit union with the direction that has driven us to become the full-service financial institution that we are today.

  • Neighbors Federal Credit Union
  • 12529 Perkins Road, Baton Rouge, LA, 70810
  • Neighbors Federal Credit Union is a not-for-profit financial cooperative operating as an association dedicated to "people helping people."​ A handful of educators started Baton Rouge Teachers in 1954 with a shoe box, a couple hundred dollars and the goal of making financial services available to school system employees in our area.

  • Pelican Home Lending
  • 8768 Quarters Lake Road, Suite 5, Baton Rouge, LA, 70809
  • At Pelican Home Lending, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.

  • Reliant Home Lending
  • 8550 United Plaza Boulevard, Suite 702, Baton Rouge, LA, 70809
  • At Reliant Home Lending We make it easy & worry-free to reduce your interest rate & monthly payment. We can even help you pay down your balance more quickly for comparable monthly payment. Let our professionals guide you to the very best refinanced loan! Tapping into your home equity is easier than ever before. You’ve been paying down your balance.

  • KEY LENDING SOULTIONS
  • 10311 Jefferson Hwy, Suite B3, Baton Rouge, LA, 70809
  • Key Lending Solutions(KLS) is a local, full service mortgage company licensed in Louisiana and Mississippi specializing in purchase and refinance loans. KLS opened its doors in 2003, and our staff of licensed professionals has a combined experience of over 100 years originating, processing, and closing mortgage transactions.

  • Area Home Lending
  • 1737 Oakdale Dr, Baton Rouge, LA, 70809
  • Our goal is to give you options from all of the largest nationwide investors, with the local service you deserve. Free Approval for FHA, VA, RD/Rural Development, Conventional, Jumbo, First Time Homebuyer programs and more. Also specializing in HUD homes, Bank Repo's, Foreclosures, and more.

  • DSLD Mortgage
  • 7660 Pecue Lane, Suite 300, Baton Rouge, LA, 70809
  • We want to create the best customer experience when you are purchasing your home. Our reputation lies in the trust and respect that we have earned from our homeowners across the South. We pride ourselves in our outstanding customer satisfaction, accuracy and our ability to close your loan on time. DSLD Mortgage will lead, support,

  • CTH Mortgage LLC
  • 18300 S I-12 Service Road, Suite 100, Ponchatoula, LA, 70454
  • CTH Mortgage is a residential mortgage lender licensed in Louisiana and Mississippi. Home financing is an important decision and we are committed to making your purchase We offer a variety of residential mortgage products including Construction loan programs such as One Time Close Construction and Conventional and Government programs.

  • First Choice Mortgage, LLC
  • 112 S Range Ave, Denham Springs, LA, 70726
  • First Choice Mortgage, LLC in Louisiana has access to all of the mortgage programs available on the market to fit your personal situation. We offer 100% financing, CAFA down payment assistance, 203K renovation loans, USDA Rural Development, FHA, VA, Conventional Fannie and Freddie and Jumbo products on purchase

  • Performance Mortgage LLC
  • 1000 East Judge Perez Dr., Chalmette, LA, 70043
  • Performance Mortgage LLC wants to be your FIRST CHOICE in delivering the American dream of homeownership. We want to inspire hope in our customers that they can fulfil their dream of being a homeowner. As your local New Orleans and Chalmette mortgage lender.Our mission at Performance Mortgage LLC is to value our customers.

  • TAHARRKA ENTERPRISES LLC
  • 5001 COLUMBIA ST, NEW ORLEANS, LA, 70126
  • In addition to conventional commercial financing such as Fannie/Freddie and HUD, we offer creative financing for business owners looking to purchase or get working capital to start or grow a business.
    We offer creative financing for all industries and verticals and everything is negotiable.
    Amounts starting at $1M - $1B.