USDA Vs. FHA Pro and Con comparison in Santa-Barbara, Santa Barbara County, CA
In the year 2026, the USDA loan cap in Santa-Barbara, within the county of Santa Barbara, CA, is currently $528,000. In contrast, the FHA loan cap for a single-family home is set at $660,100.
Harness the power of Lendersa®'s USDA loan calculator to compare today's most favorable USDA and FHA rates. It helps you evaluate the necessary income, credit score, reserves, and required documentation to qualify. Our advanced mortgage calculator presents a side-by-side view of the USDA, FHA, Conforming, and VA loans to assist you in determining the most appropriate program in tailored to your unique financial situation.
2026 Loan Limits and Down Payment Needs in Santa-Barbara, County of Santa Barbara, CA
Loan Type
Loan Limit
Down Payment
USDA
$528,000
0%
FHA
$660,100
3.5%
Conventional Conforming
$660,100
3%
Explore USDA and FHA Loan Alternatives in Santa-Barbara, CA
The mission of Lendersa® is to streamline the process of obtaining the most advantageous USDA or FHA loans quickly and without unnecessary complications. You can begin with three different initiatives, each designed to connect you with matching lenders and explore USDA loan programs comprehensively.
The USDA home loan, endorsed by the government's Department of Agriculture, is often referred to as either a USDA rural development loan or a USDA mortgage, catering specifically to rural communities. Distinctly, FHA loans necessitate at least a 3.5% down payment, whereas USDA mortgage loans are available with no initial down payment requirement whatsoever.
Philo Exchange Bank's history spans six generations of customers across East Central Illinois. Started in 1883 by Dr. Calvin Ebeneezer Parker, the bank was purchased by Elisha Hazen, a local grain and implement dealer in 1899. The bank took over Philo State Bank in 1933. Nathan Rice succeeded the Hazen family leadership in 1952.
Horicon Bank was founded in 1896 by Daniel C. Van Brunt, the inventor of the grain drill. His manufacturing company was sold in 1911 to Deere & Company, which continues to operate the factory as John Deere Horicon Works, producing consumer products including lawn tractors. Our home office building in Horicon was constructed in 1915.
KRISTINE B. SCHROEDER started this company to provide mortgage loan customer’s with a fast, convenient and hassle-free loan process. Buying or Refinancing your dream home can be an exciting time for you. We are here to help guide you through the process using our knowledge and expertise to find the right solution to your personal mortgage needs.
1606 N Willow View Road, Suite 1-O, Urbana, IL, 61802
The mission of the Urbana Municipal Employees Credit Union is to provide a member owned financial institution to encourage thrift among its members and create a source of credit at a reasonable rate of interest. The Urbana Municipal Employees Credit Union will provide members with the opportunity of borrowing money while at the same time saving mon
Villa Grove State Bank opened for business on November 1, 1919. Our story began at 10 N. Main Street in Villa Grove, in what was then known as the Combs building and had been previously occupied by the Morrison Grocery Store, and we are still there today to serve our customers and community. As the bank has continued to grow
Our History: In 1958, Chanute Military Credit Union opened its doors on the Chanute Air Force Base in Rantoul, Illinois to serve military personnel and their families. With the government's announcement of plans to close the Chanute Air Force Base, plans were made to expand the credit union in order to continue to serve those faithful.
Community Plus Federal Credit Union is a community credit union serving East Central Illinois. Its mission is to guide members on their Path to Financial Freedom. CPFCU is a US Treasury-certified Community Development Financial Institution. While the credit union serves members from all walks of life.
Our management is always available and ready should you need our assistance with any financial matters. Just give us a call, or send us a secure e-mail. Depending on the complexity of the matter at hand, there’s a good chance we can help you the same day that you call. Please do not include your account numbers.
