USDA and FHA Pro and Con in Grand-Bay, Mobile County, AL
For a single-family residence in Grand-Bay, located in the county of Mobile, AL, the USDA loan limit for 2026 stands at $285,000, while the FHA limit is set at $356,362.
The Lendersa® USDA loan calculator allows you to evaluate the best current USDA and FHA rates, helping you determine the income, credit requirements, reserves, and documentation necessary for qualification. By utilizing our comprehensive mortgage calculator, you can compare USDA, FHA, Conforming, and VA options side-by-side, facilitating an informed decision for your financial circumstances in Alabama.
Loan limits and down payment criteria for 2026 in Grand-Bay, Mobile county, AL
Type of Loan
Maximum Loan Amount
Required Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conforming Conventional
$548,250
3%
Explore USDA and FHA Loan Opportunities in Grand-Bay, AL
The mission of Lendersa® is to help you swiftly and seamlessly secure the best USDA or FHA loan. Initiate one of three processes to align with matching lenders and USDA loan offerings.
The USDA home loan is a government-backed mortgage offered by the Department of Agriculture, often referred to as a USDA rural development loan. It's exclusive to rural locales. Unlike FHA loans, which require a minimum down payment of 3.5%, the USDA loan does not necessitate any down payment at all.
Marquette Savings Bank is the only remaining locally headquartered bank in Erie & Crawford counties in northwest Pennsylvania. The stake we have in the communities we serve is over 100 years deep. Every dollar stays in our local communities to Mpower business to retain and create jobs, individuals ad families to prosper
Family First Credit Union is a non-profit, full-service financial cooperative owned and operated by our members. Family First Credit Union was organized in 1939 and has evolved today as a primary financial institution with its broadened savings service, variety of loans, full range of financial counseling, and special services for you
Harford Bank is an independent, locally owned & managed, full-service bank, responsive to the needs of our customers & our community. We are committed to delivering a superior customer experience, providing fulfilling careers, & a competitive return to our shareholders. Harford Bank was chartered as a national banking association on April 27, 1964.
1200 Technology Drive, Suite A, Aberdeen, MD, 21001
Credence Funding Corporation, 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.
"APGFCU’s roots go back to 1938 when a group of local pioneers decided to address the savings and borrowing needs of the military families at the Aberdeen Proving Grounds.
Now, with the ability to help all those who live, work, worship, volunteer or go to school in Harford and Cecil counties, as well as parts of Middle River, Maryland"
Wanigas Credit Union is a member-owned financial cooperative dedicated to providing a full range of quality financial products and services that meet the ever-changing needs of our membership. Services like mobile banking that include mobile loan applications, mobile check deposit, mobile bill pay and more.
I'm Alie Bard and I'd like to thank you for your interest & take this opportunity to tell you a little about myself. I have been in the mortgage industry since early 2009, so you can trust that I have the knowledge & skills necessary to understand complex mortgage rules & regulations, providing you with the perfect loan for your personal needs.
Our History The Valley State Bank was chartered on July 5, 1905, when the Beaty family, who had extensive holdings in Kansas and neighboring Colorado, realized that a financial institution was needed in the area.
John W. Beaty, of Richfield, R. E. Bray of Syracuse, and Dennis Foley were some of the original stockholders.
