USDA Vs. FHA your options comparison in Lake-Panasoffkee, Sumter County, FL
In the year 2025, the USDA loan limit set in Lake-Panasoffkee within Sumter, FL, stands at $285,000, whereas for the same single-family home, the FHA limit is $356,362.
To weigh today's USDA versus FHA rates, utilize the Lendersa® USDA loan calculator which illustrates the required Income, credit score, financial reserves, and necessary documents for qualifying. Our comprehensive mortgage calculator compares USDA, FHA, Conforming, and VA loans side by side. This helps you decide the most suitable option for your specific financial needs in .
Loan limits and down payment needs for 2025 in Lake-Panasoffkee, located in Sumter, FL
Type of Loan
Maximum Loan
Required Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Available USDA and FHA Loan Programs in Lake-Panasoffkee, FL
The objective at Lendersa® is to swiftly and effortlessly connect you with the best USDA or FHA loan. You can start from any of these three options to match with lenders and their USDA loan programs:
A USDA loan is a government-backed mortgage offered by the U.S. Department of Agriculture. Otherwise known as USDA rural development loans or USDA mortgages, they are designated for rural areas exclusively. Differing from FHA loans, which mandate a down payment of at least 3.5%, USDA loans feature no down payment requirement.
3900 Westerre Parkway, Suite 300, Richmond, VA, 23233
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
3900 Westerre Parkway, Suite 100, Richmond, VA, 23233
Dominion Capital Mortgage Inc. understands that every borrower is different. Our goal is to tailor a loan to fit individuals needs while maintaining a quick, simple and straigtforward process. One of our licensed Mortgage Loan Originators will help each customer through the process from start to finish.
Henrico Federal Credit Union was chartered in 1967 to serve the employees of Henrico County, Virginia. A credit union built on the core principle of relationships, we strive to provide the highest level of financial service to our members while demonstrating the traditional credit union philosophy of People Helping People.
Chartered in 1988, as a bankers' bank, Independent Community Bankers' Bank has enjoyed providing community banks with personalized correspondent banking services for more than 30 years. ICBB is organized to only do business with banking institutions and is owned solely by the customer banks it serves.
Connects Federal Credit Union is an independent, not-for-profit financial cooperative. Connects FCU is owned by its members, who are shareholders. Member share deposits provide the funds for loans to members and the income from loan interest is used to meet expenses and pay dividends on member accounts.
2103 East Parham Road, Suite 210, Henrico, VA, 23228
Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
Virginia National Bank opened in Charlottesville, VA in July 1998 with more than 900 local shareholders. As a true community bank, we not only meet the needs of our community, but we are also a part of its growth The VNB story continues to unfold. As we continue to grow, we will never lose sight of the critical ingredients to our continued success.
360 Stone Creek Point, Suite 302, Charlottesville, VA, 22902
All Credit Mortage are a family-owned mortgage brokerage, specializing in finding home loans for people with all credit scores.Our ability to shop different mortgage investors at wholesale rates allows us to reward customers with a larger range of products, allowing higher and lower credit scores, as well as the best rates for them, nationally
