USDA Vs. FHA Pro and Con comparison in Rainbow-City, Etowah County, AL

In 2024, USDA loan limit in Rainbow-City, county of Etowah, AL is $285,000 while FHA limit is $356,362 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 Rainbow-City, county of Etowah, AL

Loan Type Loan Limit Down payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

USDA and FHA loan options in Rainbow-City, 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?



  • SWBC Mortgage Corporation
  • 9311 San Pedro, Suite 100, San Antonio, TX, 78216
  • SWBC Mortgage Corporation is a full-service mortgage lender approved with FNMA, FHLMC, and GNMA. Headquartered in San Antonio, Texas, SWBC Mortgage has been providing mortgage banking services since 1988. Through the ups and downs of the mortgage industry, the mortgage corporation has remained committed to service, integrity
  • Home Loan Experts, LLC
  • 10000 San Pedro Suite 110, San Antonio, TX, 78216
  • Home Loan Experts, LLC great time to purchase or refinance, so let us walk you through the whole process. It's easy and Use the form within the banner above and instantly get a rate quote, including closing costs. You can also use our Get Pre-Qualified form on the right to receive a pre-approval letter.
  • GCMAC
  • 507 W. Rhapsody, San Antonio, TX, 78216
  • Great Central Mortgage Acceptance Co., LTD is a direct private money lender specializing in short term and long term loans for equity based real estate transactions. Texas Hard Money (GCMA) has been financing real estate investors, developers, business owners and others for more than 20 years. We understand the specific problems and needs of pri
  • Raritan Bay Federal Credit Union
  • 491 Raritan Street, Sayreville, NJ, 08872
  • Raritan Bay Federal Credit Union is a non-profit, community chartered financial institution that serves everyone who lives, works, worships, or attends school in Middlesex County. Raritan Bay Federal Credit Union was chartered in 1941, and is owned and operated by its members. We are dedicated to serve the financial needs of our members.
  • Parlin DuPont Employees Federal Credit Union
  • 389 Washington Road, Office 2, Sayreville, NJ, 08872
  • The Parlin DuPont Employees FCU was chartered in 1937 as the Parlin DuPont Finishes Employees Federal Credit Union. For many years we served the employees of the Finishes plant by providing low cost loans & competitive savings rates. In 1983 through a vote of our members, our charter was revised to include the Parlin DuPont Photo Products Division.
  • Dynasty Mortgage Network LLC
  • 707 Union Avenue, Suite 201, Brielle, NJ, 08730
  • Dynasty Mortgage is a premium mortgage company dedicated to providing affordable home loans for customers with various types of credit records. Whether you want a fixed rate mortgage, adjustable rate mortgage, a home equity loan, refinance, purchase, investment or debt consolidation, we have a loan for you with the lowest rates available.
  • Crockett National Bank
  • 8018 Broadway St, San Antonio, TX, 78209
  • Crockett National Bank assists our customers in reaching their financial goals. We believe in providing our customers with superior service and outstanding financial products. Our success is based on the satisfaction of our customers. Doing business with people who specialize in Texas lending can really make a difference.
  • Piazza Lending, LLC
  • 7227 Broadway, San Antonio, TX, 78209
  • 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.