USDA Vs. FHA your options comparison in Semmes, Mobile County, AL
For the year 2025, the USDA loan limit in Semmes, within Mobile county of AL, is established at $336,500. In contrast, the FHA limit for a single-family residence is $472,030.
Utilize the Lendersa® USDA loan calculator to effectively compare the best current rates for USDA and FHA, also determining the necessary income, credit, reserves, and documentation required to qualify. Our advanced mortgage calculator places USDA, FHA, Conforming, and VA side by side, guiding you to select the optimal program in tailored to your financial needs.
2025 Loan Limits and Down Payment Requirements in Semmes, Mobile County, AL
Type of Loan
Limit for Loan
Required Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Semmes, AL
The objective of Lendersa® is to promptly deliver the most favorable USDA or FHA loans without inconvenience. Choose from three initial avenues to match with lenders and access USDA loan plans.
A USDA home loan is a government-backed mortgage supplied by the Department of Agriculture, frequently called a USDA rural development loan or USDA mortgage, and is applicable solely in rural areas. FHA loans necessitate a 3.5% minimum down payment, whereas the USDA mortgage requires none.
North Shore Trust and Savings’ focus since 1921 has been home ownership and wealth accumulation for our customers. We continually invest in training our team and updating technology to better serve our customers, and we give back to the communities that support us through civic service and financial literacy programs.
The De La Cerda Team is committed to providing clients with the highest quality financial services combined with the lowest rates available in your area. The outstanding mortgage professionals here will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
At MSB we educate and empower our clients so they can go fearlessly forward in their unique financial journey. Our team is committed to understanding your financial needs and objectives so we can craft solutions to meet your transacting, borrowing, and investing needs in a secure, transparent, and cost-effective manner.
Rockford Municipal Employees Credit Union has been serving our members since 1942 offering a variety of quality financial services. Charted on July 14, 1942, the original office was located at the Water Department with Wesley Johnson at the helm for many years. in August 1992, Rock-Winn Credit Union who served Winnebago county employees
BVA Federal Credit Union’s main objective is to provide outstanding financial services to its members. The credit union was chartered in 1966 as Rostraver Federal Credit Union. In 1969 the charter name was changed to Belle Vernon School Employees Federal Credit Union. The name changed again in 1999 to BVA Federal Credit Union
"Visionary FCU was founded in November 1960 as Universal-Cyclops Bridgeville Federal Credit Union. We changed our name to Visionary FCU in 1997, and now serve members that live, work, go to school, or worship in Allegheny County, PA.
We are also a member of the Credit Union Shared Branch Network.
Mohsin Mortgage Corp. is a wholesale mortgage brokerage, designed to service your financial needs. We offer the best possible rates from the Federal Housing Administration. Specializing in Conventional, FHA, and VA loans, our experienced brokers will get you the best available mortgage rate
At The Exchange State Bank, we enjoy being a banking option for people from all walks of life. Serving the communities of Springville and Martelle and their surrounding areas, we work with customers with a variety of banking needs. The Exchange State Bank Offering a variety of banking services, from deposit accounts and online banking services.
