FHA VS Conventional loan in Portageville, New Madrid County, Missouri
In the year 2025, the limit for a Conventional loan in Portageville, situated within the county of New Madrid, MO, is set at $726,200. Meanwhile, the designated limit for an FHA loan concerning a single-family home amounts to $472,030.
Utilize the Lendersa® Conventional loan calculator as a valuable resource to evaluate and contrast today’s top rates, specifically between Conventional, FHA, and USDA loans. This tool helps determine the necessary income, credit parameters, reserves, and documentation required to achieve qualification. With our advanced mortgage calculator, you can make side-by-side comparisons of Conforming Conventional loans, USDA, FHA, and VA loans, aiding you in deciding which lending program is the most suitable for your particular financial situation, especially within MO.
Exploration of 2025 loan limits and downpayment prerequisites in the city of Portageville, New Madrid county, MO
Loan Type
Loan Limit
Down payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
The information in this comparison table is relevant for the following zip codes: 63873
Available Conventional and FHA loan opportunities in Portageville, MO
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In 2000, Tonya Jenkins (“TJ”) had been in the mortgage business for seven years. She had worked as a single loan originator at a local bank and then moved to a manager of a regional mortgage company. She found herself wanting to build a mortgage team, which is when Home Team Lending was born.
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