FHA VS Conventional loan programs in 2025 for Spruce-Pine, Mitchell County, North Carolina

In 2025, the maximum limit for conventional loans in Spruce-Pine, part of Mitchell county, NC, is $647,200. The FHA cap for a single-family home, however, is $420,680.

Utilize the Lendersa® Conventional loan calculator to evaluate today's best rates across Conventional, FHA, and USDA loans. Determine the necessary income, credit score, reserves, and documentation to qualify. Our advanced mortgage calculator allows you to compare Conforming Conventional, USDA, FHA, and VA loans side by side, aiding in selecting the ideal program in NC for your financial situation.

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2025 Loan Limits and Down Payment Requirements in Spruce-Pine, Mitchell, NC

Loan Type Maximum Limit Down Payment
Conventional Conforming $647,200 3%
USDA $285,000 0%
FHA $420,680 3.5%

This table applies to the zip codes: 28777

Exploring Conventional and FHA Loan Options in Spruce-Pine, NC

The aim of Lendersa® is to ensure you secure the best possible Conventional, USDA, or FHA loan efficiently and with ease. Choose one of the three paths provided that connect you with matching lenders and loan programs.

Lendersa's findings on USDA loan requests


  • Searchers Capital
  • 17890 Blanco Rd, Suite 309, San Antonio, TX, 78232
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  • REVOLUTION MORTGAGE
  • 13750 San Pedro, San Antonio, TX, 78232
  • Revolution Mortgage (NMLS #1686046) is a nationwide lender that offers lower rates and payments for refinancing and home purchase loans. We leverage technology to boost efficiencies in the loan process to give you a lower rate, faster closing, and a brand experience that's ridiculously amazing. Founded in Columbus, Ohio,
  • Pilgrim Mortgage
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  • Pilgrim Mortgage is a full-service, residential mortgage bank founded in 2006 and headquartered in San Antonio, Texas. With superior talent, we offer a truly personalized mortgage lending experience tailored to meet your individual financial goals. Our mission is to match each of our clients with the right loan.
  • The First National Bank of Bagley
  • 31 Central Street East, Bagley, MN, 56621
  • Clearwater county was in its infancy in 1903 when Albert Kaiser, Sr, an already established businessman and banker, came to Bagley and helped organize First National Bank on Main Street. On June 2, 1903, with their application for Charter approved, First National Bank opened its doors for business;
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  • 201 West Main Street, Fredericksburg, TX, 78624
  • Security State Bank & Trust was born in the heart of Fredericksburg, Texas. In 1941, a group of local businessmen saw a need for a new bank to better serve the community’s needs. We officially opened for business in the former Buckhorn Saloon building at 201 West Main Street where we still reside.
  • Aroostook County Federal Savings and Loan Association
  • 43 High St, Caribou, ME, 04736
  • At Aroostook Savings & Loan, Your Home Bank. Since 1936, we have been dedicated to serving the people of Aroostook County & our members, who own our mutual Association. The decision to start the mutual savings association was easy at the time. During the depression, people were having a hard time to acquire the financing they needed to buy
  • The County Federal Credit Union
  • 82 Bennett Drive, Caribou, ME, 04736
  • County Federal Credit Union, we promise you; to work in your best interest, simplify your financial life, make it easy to do business with us, and partner with you to achieve financial success. Our asset size is over $411 million, and we are one of the top 10 credit unions in the State of Maine.
  • The Bank Of Beaver City
  • PO Box 1279, Liberal, KS, 67905
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  • Comal Funding Group, LLC.
  • 13423 Blanco Road, San Antonio, TX, 78216
  • Discover financing solutions with Comal Funding Group, LLC! Founded by seasoned professional Robb Leitgen, we specialize in crafting personalized funding strategies that empower businesses to achieve their financial goals. Whether you're seeking capital for expansion, acquisition, or working capital needs, our expert team is dedicated to your succe
  • Generations Community Federal Credit Union
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  • Generations FCU was founded in 1940, with each founding member depositing $10 to become a member-owner. This new financial cooperative allowed members to provide for their families, build savings, buy cars, and plan for a secure future – together. Previously named San Antonio City Employees Federal Credit Union
  • Texas State Home Loans, Inc.
  • 13333 Blanco Road, Suite 204, San Antonio, TX, 78216
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