USDA and FHA Pro and Con 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.
Southern Bancorp is more than a bank. It is an opportunity center, a place where anyone can receive help no matter where they may be on their financial journey. We provide affordable and responsible banking products and financial development services to rural and underserved communities in the Mid-South.
TruService Community Federal Credit Union is proud to be the first and oldest credit union in Arkansas, chartered in 1930 by U.S. Postal employees. We are federally insured by the National Credit Union Administration (NCUA). TruService owes its existence to the foresight and thrift of the Postal Workers in Arkansas.
650 S. Shackleford, Suite 400, Little Rock, AR, 72211
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.
Since its inception in 1959 the Hulman Field Technicians Federal Credit Union has been serving its members in the Terre Haute, Indiana area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages.
At FCN Bank, our people are our greatest asset. We live in the communities we serve, and we are completely dedicated to providing unequaled customer service and financial solutions.
We are truly a local bank. We’re headquartered in Brookville, with offices also in the nearby towns of Batesville, Connersville, Harrison, and Sunman.
8150 Corporate Park Dr, Suite 200, Cincinnati, OH, 45242
We will treat you with the respect due an esteemed customer and give you the personal service you deserve. We understand the big commitment you are making in buying a home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you: we will help you qualify, apply and be approved for the ideal mortgage for you.
4520 Cooper Road, Suite 301, Cincinnati, OH, 45242
McKinley Mortgage was founded in 1997 as the vision of its owner Paul V. Luck III. The company is named after the late President McKinley.
We are here to help our goal at McKinley Mortgage is to try and put you in a better financial position than you are now. After the loan process McKinley Mortgage has been servicing Ohio and Kentucky since 1997
4555 Lake Forest Drive, Suite 450, Cincinnati, OH, 45242
River City Mortgage is a full service direct mortgage lender offering an easy, customized experience for each client. In the beginning, they grew steadily by staying abreast of daily market trends and partnering with lenders in neighboring states to service clients in the Tristate area.
9468 Towne Square Ave Blue Ash, Cincinnati, OH, 45242
Build Realty is in the business of helping real estate investors of all experience levels maximize their return on investment while minimizing their risks.
Specialties:- real estate, investing, Real estate investment strategic planning, property renovation, development, Hard money, Construction management, and Bridge financing
First National Bank is a community bank committed to serving you better. As one of the oldest and most stable banks in the Indianapolis area, First National Bank has been a staple of the community for more than 100 years.
As a full-service financial institution, we serve both individuals and small businesses alike, with a full range of banking
