FHA VS Conventional loan programs in Covington, Tipton County, Tennessee

In 2026, the conventional loan limit for Covington, situated in Tipton, TN is $726,200, while the FHA cap for a single-family home is $472,030.

Utilize the Lendersa® Conventional loan calculator to explore the best rates for Conventional, FHA, and USDA loans today. Determine income, credit, reserves, and documents you need to qualify. This advanced tool allows you to compare Conforming Conventional, USDA, FHA, and VA loans side by side, helping you choose the optimal program for your financial needs in TN.

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2026 Loan Limits and Down Payment Details in Covington, Tipton, TN

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

This comparison table applies to zip codes: 38019

Conventional and FHA Loan Choices in Covington, TN

The aim of Lendersa® is to efficiently match you with a suitable Conventional, USDA, or FHA loan, hassle-free. Choose one of three approaches to connect with lenders and loan programs that fit your needs.

Check Lendersa USDA loan requests and matching results


  • Bulldog Lending
  • 8300 Dunwoody Place, Suite 210, Atlanta, GA, 30350
  • We specialize in unconventional commercial hard money loans on real estate, equipment, and aircraft. Our expertise and depth of lending knowledge allows us to consider loans that are outside of the core competency of conventional lenders. With several decades of experience, we are able to quickly understand the value of an asset.

  • American United Mortgage Corporation
  • 1010 Huntcliff, Suite 1350, Atlanta, GA, 30350
  • American United Mortgage Corporation was founded with the vision of providing the best rates and service from an honest company that was built on integrity and the desire to treat people the way they deserve to be treated. We offer free pre-qualifications for all borrowers looking to purchase a new home.

  • TRISTONE FINANCIAL LLC
  • 9040 Roswell Road -, Suite 325, Atlanta, GA, 30350
  • Tristone Financial, we work to secure the best Georgia interest rate with low fees for our clients. Our seasoned loan officers will help you to structure your home loan and guide you throughout the entire process. Structure, strategy & service are how we maintain our elite reputation in the financial marketplace.

  • First Pryority Bank
  • 310 E. Graham, Pryor, OK, 74361
  • First Pryority Bank was founded in Pryor, Oklahoma on 9/11/1900 as First National Bank of Pryor Creek. In 2002 is expanded into Tulsa by opening a branch in South Tulsa/Bixby and changed its name to First Pryority Bank.

    First Pryority Bank has two locations. South Tulsa and Pryor Oklahoma. They are consistently ranked as the top SBA lender.

  • Lenox Financial
  • 3525 Piedmont Rd NE, Atlanta, GA, 30305
  • Founded in Atlanta, Georgia in 1994 on 3 basic premises: (1) stellar customer service (2) a fiduciary relationship with the customer that had never existed before (3) eliminate closing costs. In order to accomplish these goals, Jon Shibley immersed himself in the intricacies of the mortgage business,

  • Piedmont Mortgage Corporation
  • 2900 Piedmont Road, Atlanta, GA, 30305
  • Since 1995 Piedmont Mortgage has been constantly innovating to provide you with the latest information and technology. Find out about our discounted rates for high credit scores, and loans with no points, origination or processing feesvating to provide you with the latest information and technology.

  • Atlanta Intown Mortgage Inc
  • 2575 Peachtree Road, Suite 302, Atlanta, GA, 30305
  • Atlanta Intown company offers the best mortgage tools available on the Internet. Count on us for easy and convenient online shopping for the best loan programs and the latest rates available. With the assistance of an experienced loan officer, you will be guided through the often challenging process of choosing the loan

  • AmeriSave Mortgage Corporation
  • 3525 Piedmont Rd NE, 8 Piedmont Center, Suite 600, Atlanta, GA, 30305
  • "AmeriSave Mortgage Corporation, NMLS ID #1168, is one of the largest privately owned online mortgage lenders in the country, with strong consumer direct, traditional retail and Third Party Origination (TPO) channels.

    AmeriSave.com was designed to make shopping for mortgages easy and straight forward."