USDA Vs. FHA Pro and Con comparison in Myrtle-Grove, Escambia County, FL

In 2025, the USDA loan limit for Myrtle-Grove, located in the county of Escambia, FL, is established at $285,000. In contrast, the FHA limit for a single-family home stands at $356,362.

To achieve an informed decision, utilize the Lendersa® USDA loan calculator for comparing today's most competitive USDA versus FHA rates. This tool will also help you ascertain the necessary income, credit score, reserves, and documents required for loan qualification. With our advanced, side-by-side mortgage calculator, you can easily compare USDA, FHA, Conforming, and VA programs to determine which financial solution is best suited for your specific needs in .

Evaluate loan offers from a variety of 100 lenders

Detailed 2025 Loan Limits and Downpayment Requirements in Myrtle-Grove, within the County of Escambia, FL

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

Exploring USDA and FHA Loan Options in Myrtle-Grove, FL

The primary objective of Lendersa® is to facilitate the acquisition of the most favorable USDA or FHA loan for you, quickly and effortlessly, without any hassle. Begin by selecting from one of three strategic starting points to match with ideal lenders and explore applicable USDA loan programs tailored to best meet your financial objectives.

Illustration showing Lendersa USDA loan request and matching results

An Overview of USDA Loans in FL

A USDA home loan, which is a loan guaranteed by the United States Department of Agriculture, is commonly referred to as the USDA rural development loan or USDA mortgage. This financing option is exclusively available in designated rural neighborhoods. Unlike FHA loans that require at least a 3.5% down payment, the USDA mortgage allows buyers to purchase a home with no down payment required, providing a distinctive benefit for qualified individuals who meet the eligibility criteria.

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



  • Assurance Financial Services, Inc
  • 89 Old Trolley Rd, Suite 102, Summerville, SC, 29485
  • Assurance Financial Services, Inc. is a mortgage brokerage located in South Carolina. We are on our client’s side throughout the transaction and communication is key. We are available 7 days a week to answer questions, provide guidance, and update buyers with each step of the process as it unfolds.
  • Jeff Cook Real Estate
  • 10040 Dorchester Rd, Suite 101, Summerville, SC, 29485
  • Our mission at Jeff Cook Real Estate is to empower our team to deliver the best service and to empower our clients to reach their real estate goals. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have. If you want someone who will work tirelessly to ensure your satisfaction
  • New South Mortgage
  • 1101 Old Trolley Rd, Suite 100, Summerville, SC, 29485
  • New South Mortgage offers a wide selection of loan packages to meet the needs of each customer’s unique situation. Because we work with many lenders, we take the hassle out of shopping for a loan by doing the shopping for our clients. Our long time relationships with lenders also enable us to offer discounts and rates not available elsewhere.
  • Citizens First Mortgage Lending LLC
  • 9320 -E Two Notch Road, Columbia, SC, 29223
  • Citizens First Mortgage Lending, LLC has been in business since 2018 with loan officers having experience over 20 years in the industry. Providing the best Options for purchasing or refinancing your home loans We pride ourselves on transparency and honesty from start to finish. We work as a team with the borrower providing.
  • Petit Jean State Bank
  • 707 North St. Joseph Street, Morrilton, AR, 72110
  • Petit Jean State Bank was established in 1999 when a group of local Conway County business leaders recognized the need for Morrilton and Conway County to have a locally-owned and managed bank. In just 59 days, the organizers had influenced some 300 additional investors to commit to the new bank.
  • Star Loans of Texas
  • 3019 North Main Street, Baytown, TX, 77521
  • Star Loans was founded with an emphasis on providing superior customer service to our local communities to each and every person, each and every day. This continued emphasis allows us to create positive business relationships with our community. Each of our branches are managed by local individuals that understand their communities.
  • American Federal Residential Mortgage
  • 407 W. Baker, Suite S, Baytown, TX, 77521
  • LET ONE OF OUR PROFESSIONAL MORTGAGE CONSULTANTS BUILD A MORTGAGE LOAN ESPECIALLY FOR YOU. NEW HOMES AND RESALE HOMES SECOND HOMES AND VACATION HOMES ETC.. CALL OR COME BY OUR OFFICE FOR A FREE PRE -QUALIFICATION FOR A MORTGAGE LOAN BEFORE YOU SHOP FOR A NEW OR USED HOME. WE WILL FURNISH YOU WITH A PRE-APPROVAL LETTER AT NO CHARGE.
  • Amegy Mortgage
  • 1300 Rollingbrook, Baytown, TX, 77521
  • At Amegy, we strive to create a great place to work that reflects the communities we serve, where everyone counts, differences are valued and respected, and all employees are encouraged to contribute to business objectives. We are pleased to share with the communities we serve a summary of our organizational reflection.
  • Sentinel Mortgage Corporation
  • 7232 Eastpoint Blvd, Baytown, TX, 77521
  • Sentinel Mortgage is a Texas company that prides itself on getting YOU the best deal. We also understand that clients and realtors expect clear communication and availability in order to navigate the ever-changing mortgage waters. So don't waste time with a Big Bank that will take 2 months to close you and charge you handsomely for the privilege
  • Lewisburg Banking Company
  • 287 North Main St, Lewisburg, KY, 42256
  • Lewisburg Banking Company was chartered on February 10, 1894. There were 35 original stockholders. The bank was chartered with 150 shares with each share selling for $100; thus making a capital investment of $15,000. An organizational meeting of the stockholders of the proposed banking company to be located at Lewisburg, Logan County, Kentucky.
  • Texas Bank and Trust
  • 300 E Whaley, Longview, TX, 75601
  • Established in 1958, Texas Bank and Trust today stands as one of the state’s strongest independent financial institutions, offering a brand of banking that is as difficult to duplicate as it is easy to recognize. We pride ourselves on providing technologically advanced products and competitive pricing
  • Americas Mortgage Center, Ltd.
  • 907 Judson Road, Longview, TX, 75601
  • America's Mortgage Center specializes helping home buyers get into homes with very little or no money down. Over 20 years experience in FHA, VA, USDA Loans. We help seniors with Reverse Mortgages. Our low rates and low closing cost make all of our mortgage loans affordable for Refinancing, Home Equity Loans. Call us today to get started.