In 2026, the USDA loan limit in Monticello, within Drew county, AR, is $336,500, whereas the FHA limit for a single-family home is $472,030.
To contrast today's leading USDA and FHA rates, use the Lendersa® USDA loan calculator. Determine income, credit, reserves, and documentation needed for eligibility. Our advanced mortgage calculator lets you compare USDA, FHA, Conforming, and VA offerings, helping choose the best program for your financial needs in Alabama.
2026 Loan Limits and Down Payment Requirements in Monticello, Drew 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 Monticello, AR
The aim of Lendersa® is to connect you swiftly with the best USDA or FHA loans, eliminating hassle. Choose one of our three starting points to match with lenders and USDA loan programs.
A USDA home loan is government-backed by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage. It is available only in rural areas. Unlike FHA loans requiring at least 3.5% down, USDA loans do not require any down payment.
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.
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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.
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