USDA and FHA Pro and Con in Centre, Cherokee County, AL
In the year 2025, the USDA loan limit in Centre, within Cherokee county, AL, is established at $336,500. For a single-family home, the FHA loan limit is set at $472,030.
Use the Lendersa® USDA loan calculator to compare the most competitive USDA and FHA rates available today. This tool aids in understanding the income, credit requirements, reserves, and documentation needed to qualify. Our comprehensive mortgage calculator presents USDA, FHA, Conforming, and VA loans side by side, assisting you in selecting the most suitable program for your financial situation in Alabama.
Loan Limits and Down Payment Requirements for 2025 in Centre, Cherokee County, AL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Choose from USDA and FHA Loan Options in Centre, AL
The purpose of Lendersa® is to secure you the best USDA or FHA loan swiftly and effortlessly. Begin by selecting one of three paths to connect with matching lenders and relevant USDA loan programs.
A USDA home loan is guaranteed by the U.S. Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, and it is exclusively available in rural areas. Unlike FHA loans requiring a minimum of 3.5% down payment, USDA loans do not require any down payment, thus being an attractive option for buyers in rural locales.
300 71st Street, Suite 445, Miami Beach, FL, 33141
Southeast Bankers Mortgage Corporation is committed to providing our clients with the best financial services and solutions in Florida. We pride ourselves on helping clients take their first steps into homeownership and guiding them to find the lowest rates available on the market.
Cecil County School Employees' Federal Credit Union
203 Booth Street, Elkton, MD, 21921
In 1953, many Cecil County school teachers were struggling financially. This was especially true for new hires, since they did not receive their first checks until after a month of teaching. Cecil County School Employees’ Federal Credit Union was formed as a way for them to borrow money for rent and other necessities.
Thiokol-Elkton Federal Credit Union is a not-for-profit financial alternative to banks. Unlike other financial institutions, a credit union is owned & run by its members, who pool their savings in order to provide low cost loans & other services. If you work for one of our sponsor groups or have a family member who does, we invite you to join us.
United City Mortgage is a leading mortgage brokerage firm based in Houston, Texas. With a team of seasoned professionals, we specialize in providing tailored financing solutions to individuals and investors in the real estate market. Our mission is to make the process of securing a mortgage as seamless and advantageous as possible.
In November 1997, Southwestern National Bank opened its headquarter in the heart of Southwest Houston, TX to be the independent diversified bank of choice with small to medium size business segments including consumer, partners, owners, employees, family & friends.
Since the beginning of our establishment, Southwestern National Bank was recogn
Golden Bank was established in response to demands for boutique banking services of Asian communities, businesses and new immigrants in Houston, Texas in 1985. As the first minority-owned bank in Greater Houston area, Golden Bank has provided a full scope of commercial banking services including taking deposits
9800 Center Parkway, Suite 700, Houston, TX, 77036
Barri began as a family business founded in 1984. For many years, its stores were located solely in the city of Houston, serving a small segment of the Hispanic community in Texas. Until 2006 when a group of investors saw the great opportunity for growth and development that the company offered.
7001 Corporate Drive, Suite 300B, Houston, TX, 77036
Genesis Home Loan exists to make a positive impact to the lives of our team members, clients, and to all who provide services to us and Genesis Home Loan will be recognized as the Houston's best mortgage broker in terms of customer satisfaction, on-time closings, team oriented culture, and a positive reputation in the industry
