USDA Loan Vs. FHA loan for Panama-City, FL [Bay County Rates 2023]

In 2025, USDA loan limit in Panama-City, county of Bay, FL is $285,000 while FHA limit is $356,362 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

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USDA and FHA loan options in Panama-City, FL

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

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What is USDA Loan in Florida?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

(630) 793-8000 820 miles Lender's profile and map Reviews Universal Mortgage Partners Inc 17 West 220 22nd Street, Suite 250A, Oakbrook Terrace, IL, 60181 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.
(630) 225-7374 820 miles Lender's profile and map Reviews Peoples Home Equity, Inc. 1801 S Meyers Rd, Suite 500, Oakbrook Terrace, IL, 60181 The Peoples Home Equity Inc Team is committed to providing clients with the highest quality home loans combined with some of the lowest mortgage rates available in all of Illinois. Whether you are first time home buyer, purchasing your dream home, refinancing an outstanding loan.
312 517 0676 820 miles Lender's profile and map Reviews Constructive Capital 1801 S. Meyers, Suite 400, Oakbrook Terrace, IL, 60181 At Constructive, our mission is to help the residential real estate investor by providing an easy process, competitive pricing, and expansive programs to meet all of their financing needs. Whether it’s fix to flip or buy to hold, we are committed to providing the right solutions for our clients.
800-403-9491 820 miles Lender's profile and map Reviews Private Lending Group 18W140 Butterfield Rd., Villa Park, IL, 60181 We are income or credit driven for our loans. These loans are perfect for investment projects or cash out on free and clear properties. Most loans close in 7-14 days. All loans will be considered, and are based on EQUITY, exit strategy, value, and ability to demonstrate repayment of the loan.
(815) 264-3201 820 miles Lender's profile and map Reviews Waterman Bank 248 W. Lincoln Hwy., Waterman, IL, 60556 Waterman Bank, originally founded as “Waterman State Bank” by Humphrey Roberts in 1891, has been a pillar of the local Waterman and surrounding Southern DeKalb County community for over 110 years. Roberts, with the help of his sons, crafted Waterman State Bank’s time-tested foundation.
(580) 388-4345 820 miles Lender's profile and map Reviews The State Exchange Bank 1280 Main Street, Lamont, OK, 74643 The State Exchange Bank opened in Salt Fork, Oklahoma on October 1, 1901. As a result of circumstances brought about by the nation’s financial crisis in the early 1930s, the bank was moved to Lamont in 1935. Since its beginning, the bank has remained a locally-owned independent community bank.
(785) 841-1988 820 miles Lender's profile and map Reviews The University National Bank 1400 Kasold Dr, Lawrence, KS, 66049 We are a locally owned community bank in Lawrence, KS committed to giving our customers the best service possible. At UNB, you can feel the difference when you walk in the door or talk to us on the phone. We remain true to our core purpose: to provide value-added banking services to the Lawrence community by sticking to what we know best.
(785) 856-5626 820 miles Lender's profile and map Reviews First Assured Mortgage 4830 Bob Billings Pkwy, Suite 100A, Lawrence, KS, 66049 We are a Kansas licensed mortgage broker which allows us to select the top lenders available to serve our customers. Our owners and staff are committed to providing our customers the lowest mortgage rates available from the very best wholesale mortgage lenders available. We offer most mortgage products available through FHA, VA, USDA,
(800) 397-4559 820 miles Lender's profile and map Reviews HLP Mortgage 1235 South Highland Ave, Suite A, Lombard, IL, 60148 Founded in 2014, HLP Mortgage opened its doors to the Illinois community. We are a privately owned company and a full-service mortgage banker. Our focus is to better the community with the services we provide by offering low interest rates and an unequaled customer service experience.
(630) 681-1010 820 miles Lender's profile and map Reviews American Fidelity Mortgage Services, Inc 1776 S Naperville Road, Bldg B, Suite101B, Wheaton, IL, 60189 We're a full service mortgage broker with an experienced staff offering expertise in every area of mortgage lending...from purchase to refinance to construction lending. We have access to a full range of mortgage sources and all of our lending specialists are dedicated to finding the right loan-with the best rates, terms.
(630) 347-6321 820 miles Lender's profile and map Reviews Great Mortgage - Kris Krajecki 1920 S Highland Ave, Suite 220, Lombard, IL, 60148 Great Mortgage has made the mortgage process easier is by integrating technology with our outstanding customer service.On our website you can submit a complete on-line, secure loan application or pre-qualify for an Arizona, Illinois, Indiana, Colorado, Florida, Missouri or Tennessee home loan. You may also evaluate your different financing options.