USDA Vs. FHA Pro and Con comparison in Monterey-Park, Los Angeles County, CA
For 2025, the USDA loan limit in Monterey-Park, within the county of Los Angeles, CA, is set at $657,900. Meanwhile, the FHA loan limit for a single-family home is $822,375. Knowing these limits helps determine your potential borrowing power for property purchases in these regions.
Try Lendersa® USDA loan calculator to evaluate today's top USDA versus FHA rates. This tool helps identify necessary income, credit scores, required reserves, and documentation for qualification. The advanced mortgage calculator juxtaposes USDA, FHA, Conforming, and VA loans, assisting you in choosing the right program for your financial needs in .
2025 Loan Limits & Down Payment Requirements in Monterey-Park, Los Angeles Co., CA
Loan Type
Loan Limit
Down Payment
USDA
$657,900
0%
FHA
$822,375
3.5%
Conventional Conforming
$822,375
3%
Exploring USDA and FHA Loan Alternatives in Monterey-Park, CA
The primary goal of Lendersa® is to provide a quick, hassle-free route to securing the best possible USDA or FHA loan for you. Choose from one of three starting options to connect with lenders and align with appropriate USDA loan programs.
A USDA home loan is officially secured by the Department of Agriculture—often called the USDA rural development loan or USDA mortgage. This type of home financing is exclusively available in rural areas, catering to residents seeking affordability. Unlike FHA loans that necessitate a 3.5% down payment, USDA loans require no down payment, broadening access for more potential homeowners and fostering development in rural communities.
Fort Collins Mortgage LLc, our mission is to provide homeowners and future homeowners a variety of home financing options at competitive rates; fulfilling their needs in a manner that enhances their standard of living in realizing the American Dreams and we work hard to be leaders in the industry, to stand out from the competition, and, above all.
Incorporated on January 7, 1916, with capital stock of $25,000, The Citizens Bank of Clovis has become the largest independent financial institution in East-Central New Mexico now with assets in excess of $449,000,000. With capital in excess of $46,000,000, it is one of the best capitalized banks in New Mexico.
The Bank of Clovis is a state chartered bank with deposits insured by the FDIC. The Bank was founded October 16, 2000. Our shareholders are employees, farmers, ranchers, small business owners, construction workers, teachers, doctors, lawyers, nurses, policemen, and firemen -- all from Curry County and the surrounding area.
Originally chartered as Cannon AFB Federal Credit Union located in an old barracks building on Cannon AFB, CFCU has flourished, moving & expanding into 2 convenient locations today. CFCU provides financial services to thousands of members in & around Clovis, New Mexico – including civilian & military personnel assigned to Cannon AFB, NAF employees.
The mission of American Heritage Bank is to provide excellent customer and community support within the realm of safe and sound banking practices. The attainment of our mission will produce economic growth within our communities and a return of favorable value to our shareholders.
Frost Mortgage, we’re dedicated to giving each customer a great experience. Our local home Loan Originators have decades of combined experience in the mortgage industry and can help you reach your short- and long-term goals.Our local specialists have the resources of a huge national mortgage company and the friendly attitude of your neighbors.
Ag New Mexico, Farm Credit Services (FCS), ACA is a rural lending cooperative that finances agricultural production, agribusiness and rural real estate, including farms, ranches, and rural recreational property. We are a part of the nationwide Farm Credit System, the oldest and largest source of rural financing in the United States.
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
Freedom Northwest Credit Union was founded in 1963 by a dedicated group of volunteers, and we operated under the name Kamiah Community Credit Union until June 2016. From very humble beginnings, guided by the vision and strong leadership of committed volunteers, we have grown to serve 12,000 members with total assets of $426 million.
