Explore the differences! FHA VS Conventional loan programs in Lakeland, Shelby County, Tennessee

In 2026, the loan limit for Conventional loans in Lakeland, part of Shelby county in TN, is $726,200, whereas the FHA limit for a single-family home is $472,030.

Utilize the Lendersa® Conventional loan calculator to compare the best current rates among Conventional, FHA, and USDA options. Determine the necessary income, credit score, reserves, and documentation. Our advanced calculator provides a side-by-side comparison of Conforming Conventional loans, USDA, FHA, and VA options, helping you decide which is best for your financial situation in TN.

Explore loan offers from 100 lenders

2026 Loan Limits and Downpayment Requirements in Lakeland, Shelby, TN

Loan Type Loan Limit Down payment
Conventional Conforming $726,200 3%
USDA $336,500 0%
FHA $472,030 3.5%

This table applies to the following zip codes: 38002

Available Loan Options: Conventional and FHA in Lakeland, TN

Lendersa® aims to quickly and smoothly get you the best Conventional, USDA, or FHA loan with minimal hassle. Choose from one of three starting points to match with suitable lenders and loan programs.

Overview of USDA loan requests and matches at Lendersa


  • iCore Lending, Inc.
  • 17785 Center Court Drive N, Suite 600, Cerritos, CA, 90703
  • iCore Lending, Inc. we always operate with honesty, integrity, and a solid commitment to quality. We never sacrifice quality for profit. We create individualized financial solutions with the end consumer in mind, allowing you to rest assured that you are getting a great mortgage.

  • Dio Real Estate
  • 17777 Center Court Drive, Suite 600, Cerritos, CA, 90703
  • Dio Real Estate, we are here to simplify this complex process to make it as smooth and as easy for you as possible. We pride ourselves on excellent customer service, connecting you with loan officers who can offer you the best market rates and exceptional solutions that will meet your overall needs

  • Brooks Mortgage Inc.
  • 18000 Studebaker Road, Suite 700, Cerritos, CA, 90703
  • brooksmortgage is your online resource for personalized mortgage solutions, fast customized quotes, great rates, & service with integrity and also Brooks Mortgage Inc our mission is to set a high standard in the mortgage industry you can trust me and my team with all of your home financing needs. Don’t hesitate to reach out using the direct contact

  • Platinum West Funding
  • 17100 Norwalk Boulevard, Suite 112, Cerritos, CA, 90703
  • Platinum West Funding full-service mortgage broker with an experienced staff offering expertise in every area of mortgage lending. From purchase to refinance and construction lending. We have access to a full range of mortgage products. All our lending specialists are dedicated to finding the right loan-with the best rates.

  • Merit Capital Mortgage
  • 17520 Studebaker Road, Cerritos, CA, 90703
  • Merit Capital Mortgage our goal is to make the home loan process as simple and worry-free as possible. We pride ourselves in offering the highest level of customer service, and appreciate the opportunity to earn your business. Whether you want to refinance for a low interest rate, purchase a new home mortgage.

  • Republic Lending Corporation
  • 17315 Studebaker Road, Suite 300A, Cerritos, CA, 90703
  • Republic Lending is a family owned and operated company based in La Palma, California. Our company is founded by ambition to the Mortgage industry. We are a small firm with competitive rates and various mortgage products solutions. We are proud to celebrate our continue success in the mortgage industry

  • Maximum Lending Corporation
  • 18000 Studebaker Road, Suite 700, Cerritos, CA, 90703
  • At Maximum Lending, we understand that a mortgage is a big commitment, which is why we are committed to working with our customers one-on-one in order to get them the right loan and the right terms to fit their specific situation. We at Maximum Lending would appreciate the opportunity to assist you during your journey to home ownership.

  • American Prime Lending, Inc.
  • 18000 Studebaker Road, Suite 700, Cerritos, CA, 90703
  • American Prime Lending, Inc are a mortgage company based in Irvine and Cerritos California devoted to providing excellent service to our community of homeowners and future homeowners through our commitment to integrity and personalized mortgage solutions to all our clients. Whether you're a first-time homebuyer.

  • Brooklyn Financial Mortgage Services
  • 17785 Center Ct Dr N, Suite 660, Cerritos, CA, 90703
  • At Brooklyn Financial Mortgage Services we put the borrower first. You’re a person. Not a number, and certainly not just another loan. You’re also unique, and you’re searching for the best loan for your personal financial situation. As part of our world-class service, we build the right mortgage for you at the best overall cost.

  • Mueller Dan
  • 12750 Center Court Drive, Suite 290, Cerritos, CA, 90703
  • Citywide Home Loans was founded on December 7, 1998 by Steven J. Goorman as Citywide Funding. His entrepreneurial, dynamic, and determined style has grown the small broker company of just 5 employees to the large corporation it is today. Even though Citywide Home Loans now employs nearly 800 employees and covers more than 37 states

  • Straight deal mortgage
  • 300 PCH STE 405, Huntington Beach, CA, 92648
  • Discover home financing made easy with Straight Deal Mortgage! As a comprehensive Mortgage Brokerage, we connect you to a myriad of wholesale lenders, presenting a range of mortgage options tailored to your requirements. Rest assured, we're here to guide you in finding your ideal mortgage, ensuring you feel right at home with a trusted lender.

  • The Wright Loans
  • 2100 Main St, Suite 255, Huntington Beach, CA, 92648
  • At The Wright Loans, our commitment to transparency and educating the client separates us from our competitors. Our communication and negotiating skills are paramount to the value we create for his clients. As a referral business, the client’s satisfaction is the #1 priority.

    United American Mortgage Co is a full servimortgage Banker