USDA Vs. FHA Pro and Con comparison in Lamar, Prowers County, CO
In 2026, the USDA loan limit in Lamar, located in the county of Prowers, CO, is $336,500, whereas the FHA limit for a single-family home is $472,030.
Take advantage of the Lendersa® USDA loan calculator to compare the top USDA versus FHA rates. Use it to ascertain the income, credit, reserves, and documentation required to qualify. With our sophisticated mortgage calculator, you can view the USDA, FHA, Conforming, and VA options side by side, assisting you in making an informed decision about the best program in for your financial situation.
2026 Loan Limits and Down Payment Details in Lamar, Prowers, CO
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Lamar, CO
Lendersa® aims to efficiently provide the best possible USDA or FHA loan options without hassle. Choose from three starting paths to find matching lenders and suitable USDA loan programs.
A USDA home loan is a government-backed mortgage through the Department of Agriculture, known as a USDA rural development loan, and it's available in rural areas only. While FHA loans require at least a 3.5% down payment, USDA loans need no down payment.
Fellowship Credit Union has been serving Colorado communities since 1959. Over the years, our field of membership has grown along with our credit union which has merged with East Prowers Federal Credit Union in 1986, St. Francis Credit Union in 2006, and Arkansas Valley Federal Credit Union in 2017.
McClave State Bank is proud to be an independent, locally owned bank which has served the McClave community and surrounding area for over 100 years. We take great pride in the friendly, personal service we provide to our customers, as well as our ability to provide a broad range of financial services to help you achieve your financial goals.
Our bank is locally owned and operated by folks with deep roots in the communities we serve. Our daily commitment is to meet the unique needs of our neighbors, guided by the traditional values we all share After all, loan decisions should be based on you and not a complex risk formula from an out-of-state headquarters.
Frontier Bank is a full-service bank providing services in Lamar, Burlington, Springfield, Pueblo, Pueblo West, Alamosa, and Walsh and also through the internet at this site.
We have many demand deposit products to help fill your needs.
We have full-service loan departments for commercial, agriculture, consumer,
Peoples Credit Union began on October 22nd, 1956 when the frustration of many of the area's local farmers and ranchers of Baca County, Colorado was increasingly mounting due to the inability of the local financial institutions, of that time period, struggled to fully service the financial needs of southeastern Colorado's farm and ranch communities.
The State Bank is a financial institution located in La Junta, Colo. The bank offers a wide variety of checking and investment products and services to customers. It provides various checking products, including free checking, financial connection, Rediclub, business management and corporate accounts.
At Colorado Bank & Trust Company, we believe the customer always come first. No voice mail for our customers – every call is answered by an employee specially trained to get you the answers you need! The Bank opened its first branch in Pueblo, Colorado, on January 19, 2006. The new branch was built on the “Mesa” in eastern Pueblo.
