In the year 2025, the USDA loan cap for Sumiton, located in Walker County, AL, is $336,500, while the FHA loan limit for a single-family house is $472,030.
Make use of the Lendersa® USDA loan calculator to contrast the top USDA and FHA rates available today. This tool helps in determining the necessary income, credit score, reserves, and documentation required to qualify. With our advanced mortgage calculator, you can compare USDA, FHA, Conforming, and VA options side by side, aiding you to decide the best program for your financial situation in Alabama.
Loan Limits and Down Payment Requirements in Sumiton, Walker County, AL for 2025
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 Sumiton, AL
The aim of Lendersa® is to secure for you the most advantageous USDA or FHA loan rapidly and without complications. Choose one of three options to connect with matching lenders and find the best USDA loan programs available.
The USDA home loan, backed by the U.S. Department of Agriculture, is often referred to as a USDA rural development loan or USDA mortgage. Available exclusively in designated rural areas, the USDA loan requires no down payment, in contrast to FHA loans that necessitate at least a 3.5% down payment.
Financing for all agricultural interests, farms, rural recreational tracts, timber tracts, home lots, conventional home mortgages, home lots, home construction and rural land not intended for non-agricultural commercial use or immediate resale. Loans for Land, Farms and Homes throughout South Carolina and Georgia.
1440 Canal Street, Suite 101, New Orleans, LA, 70112
Tulane-Loyola Federal Credit Union is federally chartered and regulated by the National Credit Union Administration. Like all credit unions, we are a financial cooperative institution, and operate not for profit, but for service to our member-owners.
Our Credit Union was chartered on September 9, 1979 to serve the employees of Tulane University.
1615 Poydras St, Suite 940, New Orleans, LA, 70112
Simple Lending is comprised of several loan experts with over 60 years of combined Mortgage and Real Estate experience. We provide a variety of loan products from loans for primary residences purchase, refinances, investment properties, Fix and Flip loans, commercial and construction loans.
1615 Poydras Street, Suite 900, New Orleans, LA, 70112
We've been helping customers afford the home of their dreams for many years and we love what we do. 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.
650 S Shackleford Rd, Suite 150, Little Rock, AR, 72211
Eagle Bank & Trust Company has been serving customers in central Arkansas and beyond since 1919. From our humble beginnings, we’ve grown to 13 full-service Bank locations and mortgage loan production offices located in six states (Arkansas, Florida, Idaho, Louisiana, Mississippi, and Tennessee
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.
625 St Joseph Street, Room B-13, New Orleans, LA, 70165
We are a full-service not for profit financial institution, dedicated to serving our members. As a shareholder, we are able to return our earnings to you in the form of higher dividend rates on savings and lower rates on loans.We take great pride in helping you get the best value for your dollar.
