USDA Vs. FHA your options comparison in Red-Bay, Franklin County, AL
In 2025, the USDA loan limit for Red-Bay, situated in Franklin county, AL, is $285,000, whereas the FHA limit for a single-family home is $356,362.
Utilize the Lendersa® USDA loan calculator to compare the current best rates of USDA versus FHA, analyzing income, credit, reserves, and necessary documentation for qualification. Our advanced mortgage calculator displays USDA, FHA, Conforming, and VA options side by side, aiding you in determining the most suitable program for your specific financial situation in .
2025 Loan Limits and Down Payment Requirements for Red-Bay, Franklin, 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 Opportunities in Red-Bay, AL
The objective of Lendersa® is to provide you with the best USDA or FHA loan as quickly and smoothly as possible. Choose one of three initial steps to align with suitable lenders and discover USDA loan programs.
A USDA home loan, guaranteed by the Department of Agriculture, often termed as a USDA rural development loan or USDA mortgage, is exclusively available to residents in rural areas. Unlike FHA loans, which have a minimum down payment requirement of 3.5%, USDA loans do not require any down payment.
ALLIANCE Credit Union is a not-for-profit financial institution that serves anyone who lives, works, or worships in the counties of Lubbock, Hockley, Lamb, Hale, Floyd, Crosby, Garza, Lynn, and Terry. The mission of ALLIANCE Credit Union is to make a difference financially, and the vision is to be the best financial solution.
Peoples Bank exists to place the needs of our employees, customers, and shareholders at the center of everything we do. We focus attention on the needs of local families, businesses, towns, and farmers. We take local deposits and then make loans back into the neighborhoods where our depositors live and work.
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City Bank has more than $3 billion in assets with 25 full-service banking locations and 13 mortgage loan production offices throughout Texas and New Mexico. Since 1941, City Bank has been committed to offering its customers revolutionary products and services to stay in touch with their needs.
HubCity Lending is composed of a group of highly experienced and seasoned, certified, financial professionals. With our knowledge and expertise, we can usually find a solution for all your financing needs. Unlike a bank, or local lending institution, which only lend to the most credit-worthy businesses.
KB Mortgage LLC operates under the key principles of the Triple Bottom Line recognizing that people and the planet are as important as profits.This sustainable business model enables us to consistently offer the lowest possible mortgage rates. This sustainable business model enables us to consistently offer the lowest possible mortgage rates.
Superior Credit Union was founded in 1956 by a group of workers at Superior Tube company in Collegeville, PA. We have grown from modest beginnings to a $50million credit union serving 6, 000 members.
We offer all of the competitive services and products and much better rates and with less fees. We pride ourselves on top quality service
Assured Financial Services is committed to providing our clients with highest quality Mortgage Services combined with lowest interest rates available in your neighborhood. Our team is friendly, knowledgeable, and available to discuss a plan with you. We have partnered with top lenders so you will be given a competitive quote with low closing costs.
Approval Plus Mortgage Inc. of Collegeville, Pennsylvania, is a residential mortgage agency specializing in refinancing mortgage services. Boasting a five-star rating with ratings companies and clients, we go the extra mile. Nothing is more important to us than exceeding expectations and securing low interest rates for homeowners.
At Genesee Valley Federal Credit Union, if you live, work, worship, go to school or volunteer in Livingston or Wyoming Counties, you are eligible to become a member. Also, included are member's immediate family- grandparents, parents, step-parents, spouse children (including adopted and step), grandchildren and siblings (step-siblings).
