USDA Vs. FHA Pro and Con comparison in Fruitland-Park, Lake County, FL

For 2025, the USDA loan limit in Fruitland-Park, situated in the county of Lake, FL, is $285,000, while the FHA limit is $356,362 for a single-family home.

Utilize the Lendersa® USDA loan calculator to measure today's best rates between USDA and FHA programs. Determine the requirements for income, credit, reserves, and documentation necessary to qualify. With our sophisticated mortgage calculator, you can evaluate USDA, FHA, Conforming, and VA loans side by side, aiding you in selecting the best program for your financial situation in .

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2025 Loan Limits and Down Payment Requirements in Fruitland-Park, County of Lake, FL

Loan Type Loan Limit Down Payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

USDA and FHA Loan Options in Fruitland-Park, FL

The primary goal of Lendersa® is to facilitate access to the most advantageous USDA or FHA loan swiftly and without complications. Choose one among three starting points to discover matched lenders and ideal USDA loan programs.

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Understanding USDA Loans in FL

A USDA home loan, also known as a USDA rural development loan or USDA mortgage, is a government-backed loan provided by the Department of Agriculture. It's exclusively available in rural areas. Unlike FHA loans that demand at least a 3.5% down payment, USDA loans do not require any down payment.

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



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