USDA VS FHA in Alva, Lee County, FL

For the year 2026, the USDA loan limit in Alva, located within Lee county, FL, is set at $376,000. In contrast, the FHA limit for a single-family property is $472,030.

Leverage the Lendersa® USDA loan calculator to compare today's top USDA and FHA rates, determining the necessary income, credit score, reserves, and documents required for qualification. Our advanced mortgage calculator gives you a side-by-side view of USDA, FHA, Conforming, and VA options, aiding you in selecting the best program for your unique financial situation in .

Explore loan offers from 100 diverse lenders

2026 Loan Limits and Downpayment Requirements in Alva, Lee, FL

Loan Type Loan Limit Down Payment
USDA $376,000 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

Exploring USDA and FHA Loan Options in Alva, FL

The aim of Lendersa® is to provide you with the most suitable USDA or FHA loan quickly and seamlessly. Begin with one of three pathways that connect you to matching lenders and USDA loan opportunities.

Lendersa USDA loan request and matching results

Understanding USDA Loans in FL

A USDA home loan is a mortgage option guaranteed by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage. These loans are available solely in rural areas. Unlike FHA loans requiring a minimum of 3.5% down payment, USDA loans require no down payment, providing more accessible financing for eligible buyers.

Enter your location to find out if it qualifies for USDA rural housing loan?



  • West Tennessee Credit Union
  • 13690 Highway 51 South, Suite 107, Atoka, TN, 38004
  • The West Tennessee Credit Union is a Not-for-Profit Mutual Benefit Financial Cooperative serving its members who share a common bond with high quality, friendly, fair, and courteous services while maintaining long-term financial stability and safeguarding the members' assets. We've proudly been serving members' needs since 1967!

  • Patriot Bank
  • 9105 Barret Road, Millington, TN, 38053
  • Patriot Bank is a full-service bank with a focus on community service. The bank serves the growing markets of Shelby County, Tipton County and Fayette County with a wide range of consumer and commercial accounts and a mortgage division. Patriot Bank opened in Millington in October 2001 and has grown to eight full service banks in Arlington

  • Patriot Bank Mortgage
  • 9105 Barret Rd, Millington, TN, 38053
  • We know that each customer has specific needs, so we strive to meet those specific needs with a wide array of products, investment tools, mortgages and best of all quality service and individual attention. Patriot Bank Mortgage offers mortgages in Memphis, Shelby, Tipton and Fayette County markets. We also serve the surrounding areas.

  • Norfolk Fire Department Federal Credit Union
  • 4100 E Virginia Beach Boulevard, Norfolk, VA, 23502
  • The Norfolk Fire Department FCU was originally founded by Mr. Frank Talley and chartered on April 28, 1940 and organized as a cooperative financial institution. The credit union was originally founded to provide Firefighters and their families with an alternative to high cost financial services, which were available only through banks at that time.

  • Brighton Bank Tennessee
  • 7663 Highway 51 S, Brighton, TN, 38011
  • Brighton Bank is proud to be the oldest community bank serving Tipton County. Our rich history and commitment to the community allow us to provide friendly customer service and modern banking amenities to all our customers throughout West Tennessee. Chartered under the laws of the state of Tennessee on October 10, 1910

  • Highlands Community Bank
  • 307 Thacker Avenue, Covington, VA, 24426
  • Highlands Community Bank (HCB) was established in 2002 by a group of local investors who determined there was a need for a community bank in the Alleghany Highlands. The belief was that a community bank could better serve the local residents and businesses and better contribute the local economy.

  • Jackson River Community Credit Union
  • 347 North Court Avenue, Covington, VA, 24426
  • Jackson River Community Credit Union is a not-for-profit financial institution that is owned and operated by its members and promotes the credit union philosophy. We provide a full range of financial services at very competitive rates and useful information to help our members in all of their financial endeavors.

  • Dragas Mortgage Company
  • 4532 Bonney Rd, Suite A, Virginia Beach, VA, 23462
  • Dragas Mortage is a locally owned and operated lender in Hampton Roads for over 50 years. We provide personalized mortgage lending across Virginia. Whether purchasing a home or refinancing, our dedicated team will help you get prequalified quickly and easily and help you every step of the way. We're local and we're here for you

  • OVM Financial
  • 5040 Corporate Woods Drive, Suite 100, Virginia Beach, VA, 23462
  • Welcome to the McNulty Team at OVM Financial, where superior service meets down to earth reliability. Our team provides an unparalleled level of mortgage understanding, allowing you to enjoy a smooth and seamless process. We aim to serve you, and we take great pride in exceeding your expectations.