FHA VS Conventional loan programs in Blacksburg, Montgomery County, Virginia
In 2026, the Conventional loan limit in Blacksburg, nestled in the county of Montgomery, VA, is $726,200, whereas the FHA limit stands at $472,030 for single-family homes.
Take advantage of Lendersa® Conventional loan calculator to compare current rates between Conventional, FHA, and USDA loans. Discover the necessary income, credit score, reserves, and documentation required for qualification. Our advanced mortgage calculator lays out Conforming Conventional loans alongside USDA, FHA, and VA options, enabling you to evaluate which program in VA aligns best with your financial objectives.
Overview of 2026 Loan Limits and Down Payment Requirements in Blacksburg, County of Montgomery, VA
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
This table applies specifically to the following zip codes: 24060
Conventional and FHA Loan Opportunities in Blacksburg, VA
The mission of Lendersa® is to swiftly provide you with the most advantageous Conventional, USDA, or FHA loan with minimal hassle. Choose from three starting pathways designed to connect you with the right lenders and loan programs.
Founded in Blacksburg in 1891, National Bank has been serving the citizens of Southwest Virginia for well over a century. With 25 full-service branch offices and $1.2 billion in assets, the bank has grown along with our region’s dynamic economy while staying true to its community banking roots.
FRM company and we represent your best interests, not the big banks. We’ve been in business for over 20 years and we thrive on providing our clients with an outstanding mortgage experience. With offices in Blacksburg, Marion, and Abingdon we serve clients throughout Virginia. We’ve built our business by being an advocate for our clients.
110 Peppers Ferry Road NW, Christiansburg, VA, 24073
Lends in Virginia
Virginia Community Capital is a Community Development Financial Institution (CDFI) with a mission to create jobs, energize places, and promote an enhanced quality of life for Virginians. With offices in Christiansburg, Norfolk, and Richmond, we offer innovative and flexible financing tools throughout the state.
Our credit union was first chartered on June 4, 1937 - that means that our credit union is now over 80 years old - to help serve the needs of the employees of the Radford Pipe Shop (known locally as the Foundry), and was originally named the "Radford Pipe Shop Employees Federal Credit Union".
KEMBA has been providing families financial security for well over seventy-five years. Since we're a non-profit financial institution, we return our profits back to our members in the form of better rates, lower fees, and free or low-cost services. We are run by a volunteer board of directors elected by members like you.
Blue Eagle® Credit Union has served the greater Roanoke and Lynchburg areas for nearly 70 years as a member-owned, local not-for-profit financial cooperative with a passion for enriching lives. Credit Union has served the greater Roanoke and Lynchburg areas for nearly 70 years as a member-owned, local not-for-profit financial coop
Roanoke Valley Community CU, a member-owned, democratically controlled financial cooperative that exists "Not for Profit, not for Charity, but for Service, " is committed to serve the financial needs of our membership. It is our responsibility to maximize the benefits to our members while maintaining financial stability.
Freedom First is a member-owned, federally insured community financial institution headquartered in Roanoke, VA since its founding in 1956. What sets us apart is that our shareholders are our members — which means that we put our community first. In fact, while most banks evaluate their worth by how much money they keep
"ALCOVA Mortgage started with a friendship. Bound by a common background and inspired by a passion to serve, childhood friends Bobby Nicely, Billy Siple and Rob Lindstrom dreamed of one day starting a business.
“When I bought my first house, I realized how confusing the mortgage process could be."
