FHA VS Conventional loan programs in Guntown, Lee County, Mississippi
During 2026, the limit for a Conventional loan in Guntown, within MS, specifically the county of Lee, is established at $726,200. In contrast, the FHA loan limit for a single-family dwelling is $472,030.
Employ Lendersa®'s Conventional loan calculator to assess today's best rates among Conventional, FHA, and USDA loans. You'll identify the income, credit, reserves, and documentation required for qualification. Using our advanced mortgage calculator, you can view USDA, FHA, VA, and Conforming Conventional loans side-by-side, aiding in determining which program in MS aligns with your unique financial situation.
In 2026, loan limits and down payment requirements in Guntown, county of Lee, MS
Type of Loan
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
These details in the comparison table are applicable to zip codes: 38849
Conventional and FHA loan alternatives in Guntown, MS
Lendersa® is committed to swiftly securing the best Conventional, USDA, or FHA loan for you with minimal hassle. Begin with any of the three options below to match with appropriate lenders and loan programs tailored to your needs.
For over 70 years, Farmers & Merchants Bank has been serving the communities of Northeast Mississippi. What started as the dream of a local group of businessmen in 1941 is truly a success story in the banking industry today.
Home owned and operated since 1941, Farmers & Merchants Bank prospers through a dedicated community.
Our vision is to be the financial services advisor and provider of choice in each community we serve. Our Mission is to To provide quality financial services and advice by: Understanding, then meeting the needs of our customers, Creating security and opportunity for our employees, Being good citizens in our communities.
Bank of New Albany, BNA Bank is a state-chartered bank that has grown from a single location in downtown New Albany to 8 total locations. BNA Bank is one of the few ‘A’ rated banks by Weiss Bank Rating Services and was inducted into the Seifried and Brew Top 15th percentile of community banks.
Gum Tree Mortgage assists clients from all credit grades and secures mortgage loans in the states of Mississippi and Montana. We pride ourself on having unique products to fit the various needs of our clients. Contact Gum Tree Mortgage at 877-356-6528 to find out more about the products and services we can provide
Commerce Bank is a community bank providing friendly and personal service. We are an equal opportunity employer with 26 full-time employees, a convenient main office and more than $155 million in total assets as of December 31, 2021. Commerce Bank is the only locally owned and managed bank in Corinth, Mississippi and has more than 50 stockholders.
The Bank of Okolona is a hometown bank that has been serving Chickasaw County and the surrounding area for over 75 years. Whether it is a personal deposit account or a business loan that brings you to the Bank of Okolona, we can help. We hope this website and its contents will be helpful with your banking from home or the office.
Mechanics Mortgage opened in December of 1996 to provide our community with specialized service in permanent residential financing. Our primary service areas are Oxford, Water Valley and the surrounding communities. We provide counseling and pre-qualification to those interested in purchasing or building a new home,