For 2026, the maximum USDA loan in Tallassee, which is part of the county of Elmore in AL, is $336,500. In contrast, the FHA limit for a single-family home is set at $472,030.
Utilize Lendersa®'s USDA loan calculator for a detailed comparison of today's top rates between USDA and FHA. Determine the requirements in terms of income, credit, reserves, and documents needed for qualification. Our advanced mortgage calculator presents USDA, FHA, Conforming, and VA options side by side, enabling you to choose the best program available in for your specific financial situation.
2026 Loan Limits and Downpayment Requirements in Tallassee, 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 Solutions in Tallassee, AL
Lendersa® strives to deliver the optimal USDA or FHA loan both quickly and with minimal stress. Start with any of three initial steps to connect with lenders and access USDA loan programs tailored to your needs.
The USDA home loan is backed by the government, specifically the Department of Agriculture, and is also known as the USDA rural development loan or USDA mortgage. It is available exclusively in rural communities. Unlike FHA loans, which require at least a 3.5% down payment, the USDA mortgage does not necessitate any down payment at all.
"We are a Locally Owned Business offering Home Mortgage Services; We offer programs for New Home Purchase as well as Refinance for existing loans. Alabama Home Mortgage Loans is a local Mortgage Loan Origination service headquartered in Wetumpka, Alabama.Kim Williams, Senior Mortgage Loan Originator, founded Alabama Home Mortgage Loans in 2014."
First Community Bank of Central Alabama is a commercial Bank that has been open since August, 2001. We currently have offices in Wetumpka, Millbrook, Eclectic, Prattville, Tallassee, and Holtville. We also operate a Wealth Management Division and a full-service mortgage company, First Community Mortgage. It is our belief that a community is best
TFCU is a not-for-profit cooperative of members who have the following common bond: 1. Affiliation with Macon County Board of Education & Tuskegee Institute. 2. Persons who reside, work or worship in Macon County, AL. 3. Members of the South East Alabama Self-help Association. 4. Members and employees of the Christian Methodist Episcopal Churches.
Fedmont FCU was formed by eight original members working in the old Federal Courthouse in 1960 to serve the employees of federal agencies also working in the courthouse at that time. After meeting strict standards, the National Credit Union Administration issued Charter #14026 to what was then known as Alabama Fedmont FCU.
MAX is a not-for-profit financial cooperative serving central and east Alabama and west Georgia. MAX is a full-service institution with several branch locations, myMAX.com, and MAX Online & Mobile banking services. See myMAX.com for our branch locations. As a full service financial institution, MAX offers business &, savings, home mortgages
The Real Estate Funding 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.
Auburn University Credit Union is here to help you navigate life's milestones. From education expenses, auto loans, vacations, home purchases, AU Credit Unions is built around where you live, work, study & play. We're locally owned for our local neighbors. We’re always on your team because we understand the importance of being stronger together.
The credit union was founded in 1946 by employees of the Veterans Administration in Montgomery, AL. It is our mission to offer quality service with a personal touch, ensure profitability & preserves the tradition of being a safe & secure member-owned cooperative.Membership in the credit union requires ownership of one or more shares of $25.00 each.
ASE Credit Union was established in 1954 as the Alabama State Employees' Credit Union. Years later, ASE was granted a Community Charter and we have been able to open our doors to everyone! If you live, work, worship or attend school in the 8 counties surrounding Montgomery, AL then you can join, too!Credit Union was established in 1954
