USDA Loan Vs. FHA loan pro & con Chelsea, Shelby County, AL

As of 2026, the USDA loan limit in Chelsea, situated in the county of Shelby, AL, is $336,500. For an FHA single-family home, the limit is $472,030.

Utilize the Lendersa® USDA loan calculator to evaluate current top USDA compared to FHA rates. It aids in determining required qualifications, such as income, credit history, reserves, and necessary documentation. This advanced mortgage calculator provides a side-by-side comparison of USDA, FHA, Conforming, and VA loans, enabling you to choose the best option in for your financial situation.

Considering USDA and FHA Loan Options in Chelsea, AL

Lendersa® aims to promptly secure for you the finest USDA or FHA loan with ease. Opt for one of three initial steps to connect with matching lenders and USDA loan plans.

Lendersa USDA loan request and matching results

Defining a USDA Loan in AL

A USDA home loan, endorsed by the Department of Agriculture and known as a rural development loan or USDA mortgage, is solely accessible in rural areas. Unlike FHA loans requiring a down payment of at least 3.5%, USDA loans demand no down payment at all.

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(401) 943-6651 Lender's profile and map Reviews Blue Point Commercial Capital 0 Philmont Ave, Cranston, RI, 02910 Blue Point Commercial Capital specializes in the commercial real estate transactions that do not fit traditional underwriting guidelines of bank financing. We have a full suite of loan programs and have the ability to tailor our clients loan needs with short or long term options.
(401) 233-4700 Lender's profile and map Reviews Navigant Credit Union 1005 Douglas Pike, Smithfield, RI, 02917 From the very beginning, our mission has been to improve the financial lives of our members throughout Rhode Island. We are committed to the financial well being of the families, businesses and communities we have proudly been serving. Now at more than $3 billion in assets, Navigant Credit Union is among the largest credit unions in Rhode Island.
(800) 550-6602 Lender's profile and map Reviews Beeline Loans Inc 188 Valley Street, Suite 225, Providence, RI, 02909 It’s the shortest path to your new home. We’ve compressed a meandering journey into a Beeline. We’re inverting the power imbalance felt during the home loan process so you don’t feel small, judged or interrogated — only included and at ease. we’ve succeeded when it no longer feels daunting — but feels less important than your housewarming party.
(888) 681-2299 Lender's profile and map Reviews Helping Hands Community Partners 421 Elmwood Ave., Providence, RI, 02907 Formed in 2012, Helping Hands has successfully been renovating neighborhoods and educating people about different homeownership options. We found a recurring problem for our clients – they needed better information about the purchase, refinance, and reverse mortgage loan process.
(401) 751-0800 Lender's profile and map Reviews First Home Mortgage Corporation 400 Reservoir Avenue, Suite 1G, Providence, RI, 02907 First Home Mortgage Corporation was founded in 1990 by Dave Waters, CEO. We grew from a handful of employees to a financial institution of 42 offices serving 21 states located in the mid-Atlantic, South and Northeast states. Our entrepreneurial management team, support staff, and industry leading producers.
(800) 939-9103 Lender's profile and map Reviews Cornerstone Bank, National Association 230 Park Avenue, Worcester, MA, 01609 Cornerstone Bank was formed in 2017 & was built on the foundation of two local, mutual banks joining together— Southbridge Savings Bank & SpencerBANK (founded in 1871). Based in Worcester, Massachusetts, we currently operate 13 branch offices.Cornerstone Bank is a local, community bank dedicated to providing high-quality, personal customer service.
(978) 575-3053 Lender's profile and map Reviews Team Hunton 50 Elm Street, Suite 8, Worcester, MA, 01609 We are a full-service mortgage brokerage with access to over 50 different lending options to help find you the best rate and best structure for your mortgage to suit your short and long term financial needs We can offer access to a myriad of mortgage types from no down payments & first time home buyer programs to investor loans
(508) 754-9980 Lender's profile and map Reviews AllCom Credit Union 36 Park Avenue, Worcester, MA, 01609 "AllCom Credit Union is a full-service, not-for-profit, community-chartered financial services organization. Founded in 1922, we celebrated 90 years in business in 2012. AllCom was originally chartered to provide financial services exclusively to employees of the Telephone Company."
(508) 890-9000 Lender's profile and map Reviews Bay State Savings Bank 28 Franklin Street, Worcester, MA, 01608 Bay State Savings Bank's roots extend back to 1895, when 114 spirited citizens of Worcester gathered together and pledged a total of $7, 660 to establish a new savings bank in the city. They made good on that pledge, and on May 16, 1895, Bay State Savings opened its doors for business on Main St. in Worcester.
(866) 584-3651 Lender's profile and map Reviews Capital Good Fund 333 Smith Street, Providence, RI, 02908 Capital Good Fund is a nonprofit, U.S. Treasury-certified Community Development Financial Institution that helps people fix their finances. We offer small loans and personalized Financial + Health Coaching to families in Rhode Island, Florida, Massachusetts, Delaware, Illinois, Texas and Colorado.
(401) 454-3300 Lender's profile and map Reviews Homestar Mortgage 220 Smith Street, Providence, RI, 02908 Homestar Mortgage is one of Rhode Island's largest independent mortgage lenders and brokers, offering home and commercial loans, constructions loans, reverse mortgages, and refinancing programs. With offices in Providence, Wakefield and Plainville, MA, Homestar is a licensed mortgage lender