In 2026, the USDA loan limit for Dermott in Chicot, AR, is $336,500, while for a single-family home, the FHA cap is $472,030.
Utilize Lendersa® USDA loan calculator to compare today's optimal USDA and FHA rates, assessing the necessary income, credit, reserves, and documents to qualify. Our advanced mortgage calculator displays USDA, FHA, Conforming, and VA side by side, helping you determine the best option for your financial needs in Alabama.
2026 Loan Limits and Down Payment Requirements in Dermott, Chicot, AR
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Options in Dermott, AR
The goal of Lendersa® is to quickly secure you the best USDA or FHA loan with minimal effort. Start by selecting one of three pathways that link you with matching lenders and USDA loan programs.
A USDA home loan is a loan guaranteed by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage. It is exclusive to rural neighborhoods. Unlike FHA loans requiring a 3.5% down payment, USDA loans require none, which is beneficial for eligible buyers.
The First NaturalState Bank of McGehee was chartered in 1974 and has operated continuously in Desha County since its inception. The original Board of Directors, led by Henry Anthony, Chairman of the Board, and Carl Lucky, Jr, Vice Chairman of the Board, hired Fred Denton, to serve as the President/CEO, of the Bank.
In 1912 when we were known as Commercial Loan & Trust Company. We were founded on sound banking principles, solid business practices, and good, old-fashioned, common sense. Our growth was steady, and what began as a modest enterprise became an established financial institution. In 1965, we changed our name to Commercial Bank & Trust Company.
In April of 1957, a certificate was signed to organize an employee’s credit union for Crossett Paper Mills employees. The credit union started out in a small office inside the main building of the paper mill. Membership was opened in 1970 to Ashley Drew and Northern Railroad, a subsidiary of Georgia Pacific Corporation.
Arkansas Superior Federal Credit Union has been serving its members since 1957. During that time, we have prided ourselves in offering personal, friendly, and efficient service. Our Credit Union is a non-profit organization, owned and operated by its members, people just like you.Credit Union has been serving its members since 1957.
Gateway Bank's known history began with a bank reorganization on March 7, 1932, as the Bank of Rison, and has remained in business under the same charter ever since. A major fire swept through downtown Rison just before New Year’s eve of 1932. According to the Cleveland County Herald, the fire was described in an issue published January 4, 1933
