USDA Vs. FHA your options comparison in Clay, Jefferson County, AL
In 2025, the USDA loan limit in Clay, situated in Jefferson County, AL, is $336,500. Conversely, the FHA limit for a single-family home is $472,030.
Make use of the Lendersa® USDA loan calculator to analyze the most favorable USDA compared to FHA rates available today. Determine the qualifying income, credit, reserves, and documentation needed. Our sophisticated mortgage calculator lets you view USDA, FHA, Conforming, and VA options side by side, providing you with the necessary tools to choose the most suitable program for your financial situation in .
2025 Loan Limits and Down Payment Requirements in Clay, Jefferson County, 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 Alternatives in Clay, AL
At Lendersa®, our objective is to offer you the best possible USDA or FHA loan swiftly and effortlessly. Choose one of three starting approaches to connect with matching lenders and USDA loan features.
A USDA home loan, often referred to as a USDA rural development loan or USDA mortgage, is a government-backed loan from the Department of Agriculture, designed for rural areas. In contrast to FHA loans, which require at least a 3.5% down payment, USDA loans are offered with no down payment.
MidSouth Community Federal Credit Union is a not-for-profit financial cooperative. When you join the credit union, you become a shareholder/owner of a unique financial institution. Earnings above the required reserves are returned to you, in the form of lower interest rates on loans and competitive dividends on savings.
GMFS is licensed as a mortgage lender in the following states: Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kentucky, Louisiana, Mississippi, New Mexico, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas, and Virginia. GMFS is an approved Fannie Mae Seller-Servicer, Freddie Mac Seller-Servicer
4525 Harding Road, Suite 300, Nashville, TN, 37205
Truxton Trust opened for business in August 2004, after raising initial capital of $20 million. We started with a nucleus of veteran private bankers, wealth advisors, and treasury management professionals all led by our founding chairman, the late Donald (Don) W. Thurmond, who, along with our other organizers (founding shareholders), shared a commo
4230 Harding Pike, Suite 103, Nashville, TN, 37205
Since 1959, St. Thomas Credit Union has been dedicated to growth & improvement through expansion of our financial products, knowledge and services.
St. Thomas Credit Union realized that our sister credit union, St. Thomas Federal Credit Union in the Virgin Islands was hit hard by the recent hurricanes.
Since 1904 Bank of Kilmichael has been committed to community banking and to our local towns and cities. If there’s one thing we've learned over these past 100-plus years of serving our customers, it’s that friendly goes a long way. A long way toward keeping our customers loyal year after year, generation after generation.
Vanderbilt University Employees Credit Union has been open since 1993. The credit union has assets totaling $49.5 Million and provides banking services to more than 6, 000 members as of March 2022.
The credit union is a member-owned financial cooperative providing banking services including savings, loans.
Cornerstone Financial Credit Union was founded in 1955, by a group of visionary educators in Davidson County with a philosophy of people helping people with low-cost financial services. Today, our membership base of more than 40, 000 is a diverse group of individuals comprising all walks of life.
Founded in 1992, Mortgage Capital Investments, Inc. is a full-service commercial mortgage banking company that provides financing to the commercial real estate market. With more than 75 years of combined commercial real estate experience, our team is knowledgeable in all facets of commercial real estate lending, valuation and servicing.
Since 1985, Guaranty Home Mortgage Corporation, (GHMC) has been a market leader in mortgage lending. In 2019 GHMC transformed from a Federally Registered entity to an Independent Mortgage Banker and is currently licensed in 48 states. GHMC originates and purchases loans nationally through multiple channels.
