USDA and FHA Pro and Con in Morro-Bay, San Luis Obispo County, CA
In 2025, the USDA loan limit for a single-family home in Morro-Bay, county of San Luis Obispo, CA, is $561,200, whereas the FHA ceiling is set at $701,500.
Utilize the Lendersa® USDA loan calculator to weigh today’s leading USDA versus FHA interest rates and determine the required income, credit, reserves, and documentation for eligibility. Our sophisticated mortgage calculator enables side-by-side comparison of the USDA, FHA, Conforming, and VA options, assisting in deciding which program in suits your financial needs best.
Loan Limits and Downpayment Criteria for 2025 in Morro-Bay, County of San Luis Obispo, CA
Loan Type
Loan Limit
Down Payment
USDA
$561,200
0%
FHA
$701,500
3.5%
Conventional Conforming
$701,500
3%
Choices for USDA and FHA Loans in Morro-Bay, CA
The aim of Lendersa® is to swiftly secure the optimal USDA or FHA loan without hassle. Select one of these three starting points that connect you with matching lenders and USDA loan programs.
A USDA loan is a government-backed mortgage guaranteed by the Department of Agriculture. Also known as a USDA rural development loan, it is solely offered in rural areas. Unlike FHA loans that require a 3.5% minimum down payment, USDA loans require no down payment at all.
5731 Lyons View Pike, Suite 106, Knoxville, TN, 37919
"Since 1990, The Frazier Company has closed more than 155 transactions totaling over 750 million dollars in construction, acquisition, and long term, fixed rate, non-recourse, permanent financing for income producing properties throughout the United States.
The Frazier Company is located in Knoxville, TN, United States"
Browning Capital and Investment Corporation DBA Summit South Mortgage
6000 Walden Drive, Suite 101, Knoxville, TN, 37919
Summit South Mortgage is a full service mortgage company specializing in conventional and government mortgage loans secured by residential real estate. The primary focus of Summit South Mortgage is to offer prompt, efficient service with the most competitive rate quotes available, providing an optimal level of confidence.
Our Philosophy is simple: Life is hard enough; your mortgage shouldn’t be this is why Simple Mortgage Solutions is here to help with all of your mortgage needs. We have over 30 years experience in helping people with their dream of home ownership. Trust us that we will help you with all your mortgage needs.
we provide local, convenient financial services to our customers and community. We offer a variety of financial services to our customers in Graceville and the surrounding communities. We will always strive to provide the very best banking with a small town, know your customer perspective of building customer relationships. We are banking on servic
Northstar Bank is a locally owned and operated bank and proud to be a top-producing lender by Independent Banker®! Let Northstar Bank, one of the most responsive, relationship-based banks in Michigan, partner with you. Our commitment to superior service and local decision making will ensure an excellent banking venture for you.
At MidSouth Bank, our roots have long been established in independent, community Banking. Founded in January 1912, during an era when many community leaders across the nation formed Banks to meet the needs of neighborhood families and business owners, we opened our doors with just $18, 000 in assets.
4343 Shallowford Road, Suite 110, Marietta, GA, 30062
Holly Walther have 20+ yrs of lending experience and a 100% closing record. The Holly Walther Lending Team is among the top mortgage loan producers in all of Georgia. Holly's exclusive concierge service, and systematic communication will keep you informed and involved every step of the way, ensuring a streamlined approval process.
2170 Cass Lake Road, Suite F, Keego Harbor, MI, 48320
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 are a mortgage brokerage that provides excellent service and unmatchable value.
