USDA Vs. FHA Pro and Con comparison in Monterey, Monterey County, CA
For 2026, the USDA loan limit in Monterey, within Monterey county, CA, is $683,500, whereas the FHA limit for a single-family home is $915,400.
Utilize the Lendersa® USDA loan calculator to compare the most favorable current rates between USDA and FHA loans. This tool helps determine the income, credit, reserves, and documentation needed to qualify. Our advanced mortgage calculator allows you to view USDA, FHA, Conforming, and VA options side by side, assisting you in identifying the best program for your financial needs, especially in places like Alabama.
2026 Loan Limits and Down Payment Requirements in Monterey, Monterey County, CA
Loan Type
Loan Limit
Down Payment
USDA
$683,500
0%
FHA
$915,400
3.5%
Conventional Conforming
$915,400
3%
Options for USDA and FHA Loans in Monterey, CA
The goal of Lendersa® is to secure you the most advantageous USDA or FHA loan quickly and effortlessly. Start with any of the three fundamental steps to align with lenders and USDA loan options.
The USDA home loan, insured by the U.S. Department of Agriculture, is also known as a USDA rural development loan or USDA mortgage, accessible solely in rural areas. Unlike FHA loans which require at least a 3.5% down payment, USDA loans require no down payment at all.
Community Bank System Inc. (NYSE:CBU) is a full-service financial institution with more than 215 customer locations across New York, Pennsylvania, Vermont & Massachusetts, where we’re known as Community Bank, N.A. With over $13 billion in assets, we have the resources to finance a wide range of personal, small business & commercial business needs.
3261 Old Washington Road, Suite 1011, Waldorf, MD, 20602
Colonial Mortgage 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. Take advantage of our expertise in the residential lending industry by applying online today. You will find that the skill, professionalism
201 International Circle, Suite 230, Hunt Valley, MD, 21030
We look forward to elevating your experience! At US Mutual Home Loans we don’t launch rockets; we don’t have fancy bells and whistles that drive up the cost of your loan. What we offer is unparalleled personal service, creative mortgage products, and cost effective financing solutions with interest rates that will make you REALLY happy.
111 Warren Road, Suite 10A, Cockeysville, MD, 21030
Alliance Mortgage Funding, Inc. has been a 100% Referral Based business. We are locally owned and operated, so you are working with local professionals, not a call center in another state. Licensed in Maryland and Pennsylvania, we help all of our clients make all of the right mortgage financing decisions, for all the right decisions.
Freedmont Mortgage®, a division of NFM Lending, has set the standard for trust, honesty, and integrity in the industry for nearly two decades. As one of the oldest licensed mortgage firms in the Mid-Atlantic area, we have the experience and reputation to assist homeowners and homebuyers in a variety of situations.
Point Breeze Credit Union offers easy, reliable banking by helping you save time and money. We put our members first and endeavor to make your life easier through friendly, convenient service that makes banking feel less like a chore. As a Point Breeze member, you can expect a warm welcome and a hassle-free experience.
11350 McCormick Rd, Suite 405, Hunt Valley, MD, 21031
Our Mission at Eastern Savings Bank, an FDIC insured community bank, is committed to building relationships by providing personalized banking solutions and services, delivered with integrity and passion. Our Vision is We are proud of the rewarding connections we maintain with our customers and associates.
Atlantic Financial Federal Credit Union (AFFCU) is a full-service financial institution serving the financial needs of consumers throughout the greater Baltimore communities. AFFCU is open to anyone who lives, works, worships, volunteers, attends school, or has family in Baltimore County, Baltimore City, Carroll County, Harford County, Maryland.
11011 McCormick Road, Suite 400, Hunt Valley, MD, 21031
Direct Mortgage Loans is committed to outstanding mortgage solutions and building life-long relationships. Giving our employees the resources, knowledge, and training to grow, and then help them to succeed, is our passion. Our values are centered on effective, proactive and respectful communication.
Hopewell Chemical Federal Credit Union has been open since 1965. The credit union has assets totaling $49.69 Million and provides banking services to more than 3, 000 members as of March 2022.
The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups
