USDA Vs. FHA your options comparison in Redland, Elmore County, AL
In the year 2025, the USDA loan cap in Redland, within the county of Elmore, AL, is set at $336,500. For a single-family residence, the FHA loan limit is $472,030.
Lendersa® offers a USDA loan calculator to compare today’s top USDA and FHA rates, helping you determine the necessary income, credit, reserves, and documentation to qualify. With its advanced mortgage calculations, you can view USDA, FHA, Conforming, and VA options side-by-side, making it easier to choose the right program for your specific financial needs in .
2025 Loan Limits and Down Payment Requirements in Redland, County of Elmore, AL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Redland, AL
The objective of Lendersa® is to connect you swiftly with the best USDA or FHA loans available. Initiate your journey by selecting one of three starting paths to engage with lenders and discover compatible USDA loan programs.
A USDA home loan, guaranteed by the Department of Agriculture, is often referred to as a USDA rural development loan or USDA mortgage. It is exclusively available for properties in rural areas. Notably, unlike FHA loans that need at least a 3.5% down payment, USDA mortgages require zero down payment.
400 Russell Avenue, Building 509, New Orleans, LA, 70143
NAS JRB Credit Union was founded in 1948 and is a state chartered, not for profit entity. Offering many financial services and always there for their membership and community with two locations in Plaquemines Parish. Our members are the reason we do what we do! Federally insured by NCUA.
Urban Housing Mortgage is a full service Correspondent Lending Firm offering residential loan products and services. We are currently licensed in the states of Louisiana and Mississippi, with plans in place for further expansion. Since our inception, Urban Housing Mortgage has consistently met the needs of the community with new ideas.
NOLA Hard Money is led by a group of investors with deep roots in the New Orleans real estate market and active in it for more than 30 years.We have an eye for value and build long-term relationships with our clients. We strongly believe that the best marketing comes from current customers.
Greenfield Banking Company is a $67 million financial institution serving Greenfield, Weakley County, and the surrounding area. We have one main facility with two convenient ATM locations, sound lending ability and enhanced banking products and services. We're committed to providing high quality, personalized service.
Memorial Health Credit Union is a 48 year-old not-for-profit financial cooperative established in 1972. Our team works hard for each & every member by answering interest rates questions, qualifying new members, assembling due diligence on loans, setting up customized savings accounts, establishing direct deposits and helping with new credit cards.
My Healthcare Federal Credit Union has been serving employees of thehealth care community since 1974. The credit union was originally formed under the name of HCA Federal Credit Union and was chartered to serve the health care community of North Florida Regional Medical Center in Gainesville, FL.
The Alligator Mortgage Company Team is your premier mortgage team located in Gainesville, Florida. We pride ourselves on offering some of the best mortgage rates in Gainesville and make the loan process simple, straightforward and fast for borrowers seeking a mortgage in the Gainesville area.
Peoples Bank of the South Founded in 1917,The Bank was founded on the same corner on which it now stands. It was not founded as a result of a planned course of action by a large group of bankers or financiers. Quite to the contrary, this bank is a result of a vision shared by two men of high character.
Franklin Bank & Trust Co. is ""Hometown Banking At Its Best Since 1958"". We opened our doors on Dec. 1, 1958 and are still here doing what we do best for you.
We have expanded our offices into Warren County with 3 convenient locations in Bowling Green as well as 2 full service locations in Franklin.
