USDA and FHA Pro and Con in Lonoke, Lonoke County, AR
In 2025, the USDA loan limit established for Lonoke within Lonoke county, AR, is $336,500, whereas the FHA limit for a single-family home reaches $472,030. Understanding these constraints is crucial for potential borrowers.
The benefits of using the Lendersa® USDA loan calculator are numerous; it enables comparison of today's leading USDA and FHA rates, helping determine the necessary income, credit rating, reserves, and documents required for qualification. Specifically, our advanced mortgage calculator provides a side-by-side view of USDA, FHA, Conforming, and VA loans, offering a comprehensive analysis. This assists you significantly in selecting the most suitable financing option tailored to your financial situation, especially for those living in Alabama.
Loan Limits and Down Payment Criteria for 2025 in Lonoke, Lonoke, AR
Loan Type
Loan Limit
Down Payment Percentage
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Your Options for USDA and FHA Loans in Lonoke, AR
Lending professionals at Lendersa® are dedicated to quickly securing you the best available USDA loan or FHA loan, free from unnecessary complications. Clients can choose from three strategic starting points that connect them with compatible lenders and appropriate USDA loan programs.
The USDA home loan, guaranteed by the Department of Agriculture, often referred to as the USDA rural development loan or simply the USDA mortgage, is specifically available in rural areas. This particular loan type stands out because it does not require a down payment, contrasting with FHA loans that mandate at least a 3.5% down payment. This feature alone makes the USDA loan extraordinarily favorable for eligible buyers seeking homeownership in less urbanized settings.
My Credit Union has been open since 1975. The credit union has assets totaling $61.64 Million and provides banking services to more than 7, 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.
5440 N Oak Trfwy, Suite 200, Kansas City, MO, 64118
First United Mortgage, L.L.C. is located in Kansas City, MO, United States and is part of the Activities Related to Credit Intermediation Industry. First United Mortgage, L.L.C. has 8 total employees across all of its locations and generates $2.31 million in sales (USD). (Employees and Sales figures are modelled).
EFCU is a full-service financial institution offering its members the best in service and a full range of financial products. When you become a member of EFCU you actually become one of the owners. EFCU is governed by a volunteer board of directors. EFCU redistributes income to members through higher savings rates and lower loan rates.
At First Bank & Trust Co., you will feel the difference in the way your financial needs are met, because we are more than just a bank –we’re your bank. Located in Southern Oklahoma, we are proud to be a part of both urban & rural communities. We understand the banking needs of small businesses, farmers & ranchers, as well as families & individuals.
At Gulf South Mortgage, you are more than just a number to us. We are locally owned and offer unmatched customer service by providing a more personal experience. Our staff will guide you from the initial consultation through the loan closing. You will experience an open line of communication
At Gulf Coast Community Federal Credit Union, we want to know what our members have to say. So if you have questions, comments, constructive feedback, or praise, don't be shy! Give us a call, swing by, or contact us via email using this handy form. We offer a wide range of financial services to help you chase your dreams with confidence
Mutual is your hometown servicer of mortgage loans. You can rest assured, when you choose Mutual, you’re not only choosing a safe and secure option for your loans, but also a local bank with local underwriting. We have been financing homes here for 130 years. We not only know the neighborhoods, we live in them.
Originally chartered in 1935, GNO was organized by employees of the New Orleans Bell Telephone Employees Federal Credit Union. Their goal, as was the goal of all company credit unions, was to provide a safe haven for their employees to save and then borrow from that pool of savings to achieve their dreams in life.
340 Blue Mound Road, Suite 342, Fort Worth, TX, 76131
Member Preferred began in 1935 with a vision to serve the employees of the St. Louis San Fancisco (or Frisco) Railway in Texas.While the name of the railroad has changed from Burlington Northern Railroad in 1981 to the Burlington Northern Santa Fe Railroad in 1995, our mission has stayed the same.
5500 Veterans Memorial Boulevard, Suite 100, Metairie, LA, 70003
Xplore Federal Credit Union is a full-service financial institution serving the communities of Orleans and Jefferson parishes. With over 70 years of banking experience and services to fulfill all needs, Xplore is the ideal partner for financial success.
Federally chartered in 1947.
