Explore the differences! FHA VS Conventional loan programs in Lake-Park, Union County, North Carolina
In the year 2025, the conventional loan limit for Lake-Park, located in Union county, NC, is set at $647,200. Conversely, the FHA limit for a single-family home stands at $420,680. These limits are essential in shaping the financing landscape within the region.
Utilize the Lendersa® Conventional loan calculator to effectively compare today's best rates between Conventional, FHA, and USDA loans. Determine your required income, credit, reserves, and necessary documentation for eligibility. Our advanced mortgage calculator presents Conforming Conventional loans alongside USDA, FHA, and VA options, all in a side-by-side manner to aid your decision on the most suitable program in NC for your financial goals.
Loan Limits and Downpayment Requirements for 2025 in Lake-Park, Union, NC
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$647,200
3%
USDA
$285,000
0%
FHA
$420,680
3.5%
This table is relevant for zip codes: 28079
Discover Conventional and FHA Loan Options in Lake-Park, NC
The goal of Lendersa® is to provide swift and easy access to the best possible loan options—whether Conventional, USDA, or FHA. To achieve this, select one of the three available starting points that will guide you to matching lenders and suitable loan programs.
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