USDA Vs. FHA Pro and Con comparison in Montecito, Santa Barbara County, CA

In 2024, USDA loan limit in Montecito, county of Santa Barbara, CA is $626,500 while FHA limit is $805,000 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.

Compare loan offers from 100 lenders

2024 loan limits and downpayment requirments in Montecito, county of Santa Barbara, CA

Loan Type Loan Limit Down payment
USDA $626,500 0%
FHA $805,000 3.5%
Conventional Conforming $805,000 3%

USDA and FHA loan options in Montecito, CA

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 California?

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?



  • On Time Lending, LLC
  • 14850 Montfort Dr, Suite 165, Dallas, TX, 75254
  • On Time Lending, LLC, we are committed to making your loan experience as stress-free and simple as possible. We start by offering a robust portfolio of competitive mortgage loans, world-class customer service, and an all-star team of highly experienced and knowledgeable mortgage brokers who will exceed your every expectation.
  • Simplifi Loans
  • 14114 Dallas Parkway, Suite 560, Dallas, TX, 75254
  • Simplifi seeks to empower mortgage customers to make a difference in the world. For every loan we provide to customers, Simplifi will fund a year of education for a girl in a developing country. We will cover the cost of sending a student to school for a year, including tuition, uniforms and supplies. We believe that education has the power
  • The Tuttle Group
  • 14900 Landmark Blvd, Suite 600, Dallas, TX, 75254
  • "The Tuttle Group is a branch of Mid America Mortgage, Inc in Dallas, Texas. With over 19 years of experience in the financial, Branch Manager Andy Tuttle offers ‘No Non-sense Financial & Real Estate Solutions’ so his listeners, family and friends can live healthy financial lives and enjoy themselves along the way."
  • Reliance Mortgage Company
  • 5220 Spring Valley Road, Suite 602, Dallas, TX, 75254
  • Reliance Mortgage Company has been in business since 1989 and has funded over $8 billion dollars in residential mortgage loans. We are committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements.
  • Sublime Financial, LLC
  • 14785 Preston Road;, Suite 455, Dallas, TX, 75254
  • Sublime Financial provides home mortgages in Dallas and the entire state of Texas. We offer our customers many loan products and options, often times more than most larger mortgage brokers. If you're looking for the best home loan in Texas you can find, then contact us. Sublime Financial helps our customers refinance their current mortgage
  • Dominion Bank
  • 17304 Preston Road, Suite 1100, Dallas, TX, 75252
  • Dominion Bank was founded on the premise that a superior team of seasoned bankers can out-perform the competition. CEO Thomas J. Mastor, CFO R. Michael Russell, Dallas President Stephanie Velasquez, along with their proven team of bankers, formed Dominion Bank with an initial capitalization of over $50 million raised from local investors.
  • LifeTime Lending, Inc
  • 17304 Preston Road, Suite 800, Dallas, TX, 75252
  • Megan Dodson a residential mortgage loan originator who has helped hundreds of buyers like you identify the best long-term value for their loan. Megan aligned with a number of wholesale lenders & underwriters to help you get that special low rate. But beyond that, I work hard for you & dig in to find that special program another mortgage lender.
  • Certified Funding
  • 17304 Preston Road, Suite 620, Dallas, TX, 75252
  • Certified Funding, L.P. is a pioneer in second lien lending. Since 1985 we have provided purchase money second liens, equity liens and home improvement loans for Mortgage Brokers and Mortgage Bankers. As an independently owned and operated business, we are constantly striving to provide innovative programs and competitive products.
  • IKON Mortgage, Inc
  • 17330 Preston Road, Suite 200D, Dallas, TX, 75252
  • IKON Mortgage is founded with passion and the heart of serving. We strive to keep the mortgage experience simple, efficient, and enjoyable for our clients. IKON Mortgage is here to serve you whether you are looking for the best rates in town with a quick and easy closing, or searching for a trustworthy and experienced mortgage loan officer to guide
  • PrimeLending, A PlainsCapital Company
  • 18111 Preston Road #900, Dallas, TX, 75252
  • PrimeLending, a PlainsCapital Company (NMLS: 13649), is a proven powerhouse in home lending, combining personal guidance and local expertise with fast service, more choices and the flexibility to meet homeowners’ unique needs. We’re a national home lender relentlessly focused on empowering our customers to boldly pursue their homeownership goals.
  • Distinct Funding Solutions
  • 17330 Preston Road, Suite 130A, Dallas, TX, 75252
  • Distinct Funding Solutions continues to be a consistent and reliable provider of home loans for first time home buyers, existing home owners and real estate investors. Much has changed in our industry in the last ten years but Distinct Funding Solutions and its loan officers have consistently maintained Tier 1 pricing relationships with all of the
  • Community Bank
  • 104 S Main St, Bristow, OK, 74010
  • Community Bank of Bristow has proudly served Creek County and the town of Bristow since 1924. At Community Bank of Bristow, we work hard to exceed your expectations every day. Member FDIC. Equal Housing Lender. Bristow was designated as the county seat for Creek County at statehood when its population was 1,134. However,