USDA Vs. FHA Pro and Con comparison in Iona, Lee County, FL
In the year 2025, the USDA loan maximum in Iona, located in the county of Lee, FL, is set at $376,000. Meanwhile, the FHA limit for a single-family home stands at $472,030.
To compare today's USDA against FHA best rates, utilize the Lendersa® USDA loan calculator. It will help you identify the income, credit, reserves, and necessary paperwork to qualify. Our enhanced mortgage calculator allows you to view USDA, FHA, Conforming, and VA options side by side, enabling you to choose which financial program is optimal for your unique circumstances in Alabama.
Loan limits and down payment requirements in Iona, Lee county, FL for 2025
Loan Type
Loan Limit
Down Payment
USDA
$376,000
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Choices for USDA and FHA loans in Iona, FL
The mission of Lendersa® is to quickly and effortlessly secure you the most advantageous USDA or FHA loans. Start by choosing from three options that connect you to appropriate lenders and USDA loan schemes.
The USDA home loan is offered as a guarantee by the United States Department of Agriculture. Known as the USDA rural development loan or USDA mortgage, this option is available exclusively in rural areas and requires no down payment, unlike FHA loans, which mandate a 3.5% down payment.
860 Boardman Canfield Rd, Suite 101, Youngstown, OH, 44512
First Equity Mortgage Group, LLC. We are a full service mortgage broker. Whether you are buying a home or refinancing, we can help you realize your dream of home ownership or save you money when getting your new lower monthly payment.And we offer the following: FHA | FHA 203k| VA | USDA | Jumbo | Conventional
1ST QM Michael O’Brien has experience with all forms of Mortgage Financing. He has over two decades of experience with all facets of mortgage financing. Michael is very comfortable and effective working with “FIRST TIME” Home Buyers as well as the seasoned investors. Michael specializes in properties that are located in Texas and California
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1st Quest Mortgage provides financial solutions for professionals, their clients, individuals and families to assist in accomplishing their goals. Many of our clients are referrals from legal, taxation, family planning, insurance and investment professionals assisting in achieving their client's goals.
Medina County Federal Credit Union provides savings, checking/debit, loans, credit cards & other financial services to the people of Medina County, Ohio. We have three branches located in Medina County to serve our Members. Credit Union provides savings, checking/debit, loans, credit cards & other financial services to the people of Medina County,
The First National Bank opened the Motor Bank at the corner of Main and Fifth streets. The facility featured a new service for Durant residents, an ATM. The full service Northwest Heights Branch at 19th and University began operating in 1986. A remodel and expansion to the branch was completed in the spring of 2003 to accommodate a larger lending
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