USDA and FHA Pro and Con in Dermott, Chicot County, AR

In 2024, USDA loan limit in Dermott, county of Chicot, AR is $336,500 while FHA limit is $472,030 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

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2024 loan limits and downpayment requirments in Dermott, county of 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

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

Lendersa USDA loan request and matching results

What is USDA Loan in Arkansas?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

Enter your location to find out if it qualifies for USDA rural housing loan?



  • Arbor Realty Trust
  • 333 Earle Ovington Boulevard, Suite 900, Uniondale, NY, 11553
  • Arbor is not just another commercial and multifamily lender, but your financial partner that personally works with you to customize the right loan solution. Arbor Realty Trust, Inc. has helped multifamily and commercial real estate clients achieve their financial goals by focusing on growing long-term relationships and conducting business.
  • Jennings Realty Agency Corp
  • 214 Mamaroneck Avenue, White Plains, NY, 10601
  • Jennings Financial Advisory Corp provides in house services for mortgages / finances, real estate and insurance.This breadth of coverage, combined with specialist services, means we'll always have an expert who is relevant to you.Our business is built on trust and integrity and that is what gives our clients, colleagues and partners.
  • Direct Lending Group
  • 34 South Broadway, White Plains, NY, 10601
  • Loan Fundr is a private Nationwide commercial lender headquartered in New York, offering many financing options, including: bridge financing, hard money loans, private lending, commercial real estate financing, structured joint venture financing, permanent financing, mezzanine financing, construction loans and acquisition financing
  • Quintessential Mortgage Group
  • 399 Knollwood Road, Suite 320, White Plains, NY, 10603
  • Quintessential Mortgage Group,we believe in treating customers the way we would like to be treated. We educate, advise, & empower you with mortgage planning tools to help you make informed decisions.We know you need a lot of information before you decide which mortgage broker is right for you, & we’re prepared to give you the information you need.
  • Bravera Bank
  • 220 1st Ave W, Dickinson, ND, 58601
  • We are Bravera, an employee- and director-owned company of advisors who help build the financial strength, stability and growth of every community to which we belong. We’re driven to serve you, coming together to forge new paths to help you achieve your business and personal goals.
  • Sing Sing Employees Federal Credit Union
  • 2 Church Street, Suite 204, Ossining, NY, 10562
  • SSEFCU is a member-owned financial cooperative providing financial banking services to multiple employee groups, but primarily serves select state, and local government employees. Membership is also open to immediate family of current members. We offer banking services like savings, checking, and loan accounts; with great rates and lower fees
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  • 33 Oakland Avenue, Harrison, NY, 10528
  • Harrison Teachers Federal Credit Union has been open since 1938. The credit union has assets totaling $1.78 Million and provides banking services to more than 300 members. The credit union is a not-for-profit, member-owned financial cooperative providing services to members in the education community.
  • Scott Capital Group
  • 600 Mamaroneck Avenue, Harrison, NY, 10528
  • At Scott Capital Group, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you
  • Mortgage Professionals Corp
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