USDA and FHA Pro and Con in Andalusia, Covington County, AL
In 2025, USDA loan limit in Andalusia, county of Covington, AL is $336,500 while FHA limit is $472,030 for a single-family home.
Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.
2025 loan limits and downpayment requirments in Andalusia, county of Covington, AL
Loan Type
Loan Limit
Down payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA loan options in Andalusia, AL
Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.
USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.
Enter your location to find out if it qualifies for USDA rural housing loan?
1101 Hamilton Street, Suite 305, Allentown, PA, 18101
Biz Hub Financial is a Commercial Brokerage Firm that specializes in Emergency Funding, Cash Flow Funding, Factoring, SBA and Commercial Real Estate Lending.
Our team has formed a new firm that keeps up with the latest trend in lending allowing you, our client, to have access to the funds you need when you need it.
Power Co-op Employees Credit Union was chartered in 1956. From 29 members and $356 in assets after the first month of operation, it has grown to over 2046 members and $53 million in assets today. Membership in Power Co-op Employees Credit Union is open to employees of Corn Belt Power and its distribution cooperatives.
At First Rate Mortgage Group, we treat each customer as an individual, not a number. We don’t place you into a loan profile formula created by the banking industry. We use “common sense” and will help you obtain the best loan possible. We represent a wide range of “A” rated lenders with first quality rates to private “hardship” lenders
Mortgage America has been the #1 lender in Eastern PA and Berks County for over 30 years with 8 billion dollars in originations and thousands of loans serviced. From your first call to after closing, Mortgage America is here to serve you.Mortgage America has been the #1 lender in Eastern PA
Iowa Heartland is a not-for-profit financial co-operative that offers many of the same services as banks or other savings and loan institutions. The unique difference is that we are member owned and controlled. Meeting the financial needs of North Iowa's Heartland is our goal at Iowa Heartland Credit Union.
CENT Credit Union is a financial cooperative whose mission is to provide outstanding financial services, one cent at a time. Our membership is comprised of all health related professionals, health related employees, incorporated and non-incorporated affiliates and organizations of the health care field within a 65-mile radius of Mason City.
First Citizens Bank is a family-owned, community bank headquartered in Mason City serving 6 North Iowa counties and the Mora, Minnesota community. Currently, the bank has over a billion in assets and employs over 200 people. The bank is uniquely positioned as a locally-owned community bank with enough size to compete technologically.
North Iowa Community Credit Union is a not-for-profit financial institution offering many of the same services found at banks or savings and loan associations. More importantly, North Iowa Community Credit Union is member-owned by people like you.
we offered our members confidential credit and systematic savings plans.
Filer Credit Union first opened its doors in 1951 in an office at the American Box Board Company (currently PCA). The credit union has long since moved out of the plant, but we will never forget our roots or the men and women who first introduced the credit union movement to our area. Interestingly enough
