USDA Vs. FHA your options comparison in New-Hope, Madison County, AL
In the year 2025, the USDA loan limit in New-Hope, located in Madison county of AL, is $285,000, whereas the FHA loan limit for a single-family home is $356,362. These limits are significant for potential homeowners seeking financial assistance through these programs.
Take advantage of Lendersa®'s USDA loan calculator to compare the optimal USDA and FHA rates available today. Assess the necessary income, credit, reserves, and documents needed to qualify. Our advanced mortgage calculator presents a comprehensive view of USDA, FHA, Conforming, and VA loans, side by side, to facilitate an informed decision on which program is best suited for your financial context in .
2025 Loan Limits and Down Payment Requirements in New-Hope, Madison, AL
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Options in New-Hope, AL
The mission of Lendersa® is to seamlessly provide you with the best USDA or FHA loan available, without undue effort. Start with one of three pathways to connect with suitable lenders and USDA loan programs designed to match your needs:
A USDA home loan, guaranteed by the United States Department of Agriculture, also termed as a USDA rural development loan or mortgage, is specifically available for rural areas only. Unlike FHA loans which mandate a minimum down payment of 3.5%, USDA loans provide an opportunity for eligible buyers to purchase properties without any down payment required.
51 Commerce Street, Suite 101, Springfield, NJ, 07081
MLB Residential Lending serves the lending needs of home buyers, home owners, real estate professionals and builders. Our staff are passionate about assisting others in fulfilling the American Dream of home ownership, making the process as simple as possible. As a community-focused lender,
150 Morris Avenue Suite 206,, Springfield, NJ, 7081
At Keypoint Mortgage LLC, we are proud to offer a wide range of mortgage loan options for clients at all levels, from first-time buyers through seasoned real estate investors. To help determine the best loan program for you, consider the following: How important is payment certainty? If knowing that your payment will be the same
275 US-22, Springfield Township, Springfield, NJ, 07081
Prime Time Mortgage Corp. is a full service Mortgage Banker offering Residential Conventional, FHA/VA and Alt-A loans in NJ, NY, FL and VA. We also offer commercial loans in every state. We are a direct lender and have in-house processing for all loan files. We work with each borrower.
Savannah Bank is pleased to announce that, in accordance with the latest CDC guidance, face coverings will be optional for our fully vaccinated customers and staff beginning on June 1, 2021. Masks for those who have not yet been vaccinated are still required, and social distancing guidelines are still in effect.
Our House Mortgage is a mortgage company that focuses primarily on residential real estate. Our mission is to help our borrowers and their families realize the dream of affordable home ownership. At Our House Mortgage we thrive on excellence, performance, and integrity. We attract the best and brightest in the industry to work here.
At Unity Residential and commercial Mortgage INC we are a full-service mortgage company based in NJ. We specialize in home loans and refinancing We also serve the surrounding cities. Whether you are buying a home or refinancing, we can help you realize your dream of homeownership or save you money when getting your new lower monthly payment.
Greenway Mortgage is committed to transparency and open communications with its clients. We pride ourselves on speed, efficiency and providing a first-rate experience. Our loan officers are experienced, trusted professionals that are accessible and remain engaged throughout the loan process.
MidState Federal Credit Union began over half a century ago on May 3, 1950, with a total membership of seven. These original seven members decided to pool their savings in order to promote thrift among them, by affording them an opportunity to accumulate their savingsand create a source of credit they could borrow from for provident
Mortgage Now Inc. , where we specialize in residential mortgages. At Mortgage Now Inc. , we will find a loan that fits each borrower. Unlike big banks that have "order takers" helping you with your loan, we have highly skilled loan consultants. Our consultants know what it takes to get through underwriting quickly.
Since 1928 the Credit Union has been here to serve the Monmouth County Postal Employees and their families. Monmouth County Postal Employees CU is a not-for-profit financial institution. As our credit union grows, our services will hopefully meet the challenges of serving our members.
