USDA Vs. FHA Pro and Con comparison in Hope, Hempstead County, AR
In 2025, the USDA loan limit for Hope, in the county of Hempstead, AR, is $336,500, whereas the FHA limit for a single-family home stands at $472,030.
Utilize the USDA loan calculator from Lendersa® to contrast today's leading USDA and FHA rates. This will help determine the necessary income, credit level, reserves, and required documentation for qualification. Our advanced mortgage calculator allows you to view USDA, FHA, Conforming, and VA loans side by side, thereby assisting you in selecting the Alabama program that most precisely fits your financial needs.
2025 Loan Limits and Down Payment Requirements in Hope, Hempstead County, 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 Hope, AR
The mission of Lendersa® is to rapidly provide you with optimal USDA or FHA loans, minimizing any complications. Choose from three starting options that lead to matches with suitable lenders and USDA loan programs.
A USDA home loan, secured by the Department of Agriculture and also known as a USDA rural development loan or USDA mortgage, is available exclusively in rural areas. Unlike FHA loans, which require a minimum of 3.5% down payment, the USDA mortgage doesn't require any down payment.
Bank of Hays offers HELOC's with competitive rates and terms. A HELOC loan can be used for many different purposes: a vacation, your child's education, home improvement, or unforeseen emergencies. A HELOC from Bank of Hays allows you to "make your own loan" as the need arises. Borrow as little as $5, 000.
At Golden Belt Bank, we take great pride in delivering our products in the manner our customer wants them. We strive to establish long-term relationships with our customers and our community. Every day, we get to help write the story. Because we believe one successful story builds one successful family,
Chemcel Federal Credit Union has been serving the families of Celanese employees since 1951. As time went by, we began offering our services to conTractors working at the Celanese sites as well as their families. Now, Chemcel FCU is able to serve residents living, working, worshipping and/or attending school in Jim Wells, Kleberg.
The People's Federal Credit Union was federally chartered on January 12, 1953 and currently has more than 18, 000 members. With five branches located in Amarillo, Childress and Canyon.
The mission of The People's Federal Credit Union is to be the Members' primary financial institution.
Amarillo Postal Employees Credit Union is a full service, non-profit cooperative financial institution that began in 1931. It was formed for the purpose of encouraging savings, by offering a good rate of return, using collective moneys to make loans at competitive, low rates and provide other useful financial services.
Access Community Credit Union has been open since 1953. The credit union has assets totaling $156.27 Million and provides banking services to more than 12, 000 members as of March 2022.
The credit union is a member-owned financial cooperative providing banking services including savings, loans, and other financial services to members.
FirstBank Southwest is a community bank with nine banking center locations in Amarillo, Booker, Hereford, Pampa, and Perryton, Texas. In addition to our convenient branches, we also offer convenient digital banking for both consumer and commercial needs.
In 2020 and 2021, The American Banker awarded FirstBank Southwest as a Best Bank
Our goal is simple. Deliver the best possible Banking experience so our customers & clients can better manage their finances. We provide a full range of quality financial products that include commercial, consumer, investment & trust services in TX, Ok & CO. Our board of directors, local leadership are committed to exceeding customer expectations.
