USDA VS FHA in Meridianville, Madison County, AL

In 2024, USDA loan limit in Meridianville, county of Madison, AL is $336,500 while FHA limit is $472,030 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

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2024 loan limits and downpayment requirments in Meridianville, county of Madison, 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 Meridianville, AL

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

Lendersa USDA loan request and matching results

What is USDA Loan in Alabama?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

Enter your location to find out if it qualifies for USDA rural housing loan?



  • Homepath Lending llc
  • 227 Rt 206 N, Flanders, NJ, 7836
  • Our mission is to serve our customers with honesty integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
  • B-M S Federal Credit Union
  • 1 Squibb Drive, New Brunswick, NJ, 08903
  • B-M S Federal Credit Union was chartered in 1954 as Squibb Local 438. Our name was changed twice in the ensuing years until 1990 when we officially became B-M S Federal Credit Union. The credit union grew slowly but steadily until 1990, at which time new management, new office locations, and many new services started to be introduced.
  • Cedar Rapids State Bank
  • 213 W Main St, Cedar Rapids, NE, 68627
  • Cedar Rapids State Bank was chartered in the state of Nebraska in 1936. It has maintained its world headquarters in Cedar Rapids, Nebraska ever since. CRSB has served its communities as a financial institution providing deposit and loan services and supporting its communities through customer service and economic development.
  • Southern Middlesex County Teachers Federal Credit Union
  • 39 Brunswick Woods Drive, East Brunswick, NJ, 08816
  • The Southern Middlesex County Teachers FCU is a nonprofit, cooperative financial institution owned and run by its members. Organized to serve, democratically controlled credit unions provide their members with a safe place to save and borrow at reasonable rates. Members pool their funds to make loans to one-another.
  • NEXPANSE FINANCIAL LLC
  • C2 Brier Hill Court, Suite 201, East Brunswick, NJ, 08816
  • Nexpanse Financial LLC is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward. We educate our clients with the loan process.
  • First Team Mortgage LLC
  • 557 Cranbury Rd, Suite 23, East Brunswick, NJ, 08816
  • Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates & closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
  • Public Service Federal Credit Union
  • 619 Union Avenue, Middlesex, NJ, 08846
  • Our mission is simple; we want to provide our members with the highest quality customer service while offering valuable financial products with the best rates available. We truly are people helping people! We are a full service Financial Institution. Our members have access to loans, mortgages, IRA & Visa debit cards, checking/savings accounts.
  • GENNEXT FUNDING, LLC
  • 1275 Bound Brook Road Suite 8, Middlesex, NJ, 8846
  • We believe that every American should be able to easily attain his or her dream of home ownership through a simple, user-friendly process; a process which is client-centered, and results-driven. GenNEXT Funding offers our clients tailored financial solutions from mortgages for first time home buyers to loans for property investments.