USDA and FHA Pro and Con in Decatur, Morgan County, AL
In 2025, the USDA loan limit in Decatur, located in Morgan County, AL, is $336,500 while the FHA limit for a single-family dwelling is set at $472,030.
Utilize the Lendersa® USDA loan calculator to compare and contrast today's leading USDA versus FHA rates. Determine the income, credit, reserves, and documents necessary for qualification. Our comprehensive mortgage calculator presents USDA, FHA, Conforming, and VA options side-by-side, aiding your decision regarding the best program in for your financial situation.
2025 Loan Limits and Down Payment Requirements in Decatur, County of Morgan, 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 Decatur, AL
Lendersa® aims to provide you with the finest USDA or FHA loan swiftly and without hassle. Begin by choosing one of three entry points that align you with lenders and USDA loan programs.
The USDA home loan, backed by the government’s Department of Agriculture, is also known as the USDA rural development loan or mortgage, and it is exclusively available in rural neighborhoods. Unlike FHA loans that require a minimum of a 3.5% down payment, USDA mortgage loans require no down payment at all.
First Commercial Bank, N.A. was founded in 1983 in a small portable building at 1336 East Court Street in Seguin. Then, in March of 1984, construction was completed on the permanent facility that is still the headquarters of First Commercial Bank today. At First Commercial Bank we believe in taking an active role in the community.
NFFMECU provide our members with best possible financial services, stressing personal attention and competitive rates and terms.The NFFMECU has a strong commitment to our members and encourages members to make the Credit Union their primary financial institution.
The Credit Union offers very competitive rates and terms and members are encouraged
Founded in 1985, Terrabank, N.A. is a federally insured national banking institution created to provide financial services to South Florida's business community and selected International markets.
Terrabank takes pride in maintaining a highly professional, motivated and well-trained staff that is sensitive to the needs of the customer.
GoKapital was formed in 2013 to address one of the biggest obstacles facing small and medium-sized companies – finding the necessary capital to grow and maintain their business. With a majority of banks cutting back on lending and imposing tougher requirements, running a business has become unnecessarily more difficult.
"We offer a wide variety of loans to fit your specific needs. Understand your home financing options so you can make informed decisions.
If you have questions or are you ready to apply, talk to a home mortgage consultant. The mortgage loan process doesn't have to be difficult. Once you have made the decision to apply for a mortgage loan with u
2401 South Douglas Road, Suite 212, Miami, FL, 33145
As the leading mortgage lender in South Florida, Premier Financial Group of Florida, LLC offers an extensive range of mortgage programs designed to suit our clients’ property needs. With over 25 years of combined experience in the lending industry, our team of mortgage and refinance professionals work hard to make closing fast and simple.
GoKapital provides a variety of real estate financing programs in all 50 states, including: hard money fix and flip loans (up to 100% of rehab funds), 30 year rental investment property loans, commercial mortgages, with closings in 2-4 weeks and minimal paperwork. Our LTVs range from 60% to 85% with terms from 1 to 30 years. We issue pre-approvals
Great Florida Lending is committed to providing borrowers with the highest quality Reverse Mortgages combined with the lowest rates and fees available in your area. As a local mortgage company with its main office in Miami Florida, the heart of South Florida, that specializes in Reverse Mortgages.
GoKapital, Inc. offers business loans and real estate financing to entrepreneurs and investors nationwide. Whether you're looking for working capital to expand your business, purchase equipment, or hire more employees, we can help. We offer 24 hour loan approvals, a quick funding process, and work with all business types.
Niagara’s Choice Credit Union We are a full-service, not-for-profit, financial organization serving over 24, 000 members. The majority of our member base is within Niagara County, we serve members who live across the United States.
The credit union was founded in 1953 by a small group of employees of the former Hooker Chemical Company.
At Mortgage Network Solutions, LLC, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you
